As Boeing Co (BA) Stock Declined, Shareholder Mckinley Capital Management Increased Holding; Strs Ohio Cut Its Stake in Lifetime Brands (LCUT) by $319,200

The Boeing Company (NYSE:BA) Logo

Mckinley Capital Management Inc increased its stake in Boeing Co (BA) by 163.27% based on its latest 2018Q2 regulatory filing with the SEC. Mckinley Capital Management Inc bought 12,327 shares as the company’s stock declined 2.87% while stock markets rallied. The hedge fund held 19,877 shares of the aerospace company at the end of 2018Q2, valued at $6.67 million, up from 7,550 at the end of the previous reported quarter. Mckinley Capital Management Inc who had been investing in Boeing Co for a number of months, seems to be bullish on the $183.55 billion market cap company. The stock decreased 2.62% or $8.68 during the last trading session, reaching $323.22. About 4.53 million shares traded or 10.28% up from the average. The Boeing Company (NYSE:BA) has risen 46.90% since December 8, 2017 and is uptrending. It has outperformed by 31.28% the S&P500. Some Historical BA News: 11/04/2018 – Boeing’s venture capital arm invests both outside the U.S. and in a space company for the second time in less than a month; 13/03/2018 – FOCUS-New Boeing jet to accelerate services shake-up; 25/04/2018 – BOEING PROVIDED UPDATE IN EARNINGS PRESENTATION; 09/03/2018 – Turkish Airlines Agrees to Buy Up to 30 Boeing 787-9 Dreamliner Planes; 03/04/2018 – Boeing: Five-Yr Logistics Contract to Provide Support for Royal Canadian Air Force’s Fleet of CH-147F Chinooks; 06/04/2018 – BOEING: ORDER IS VALUED AT $12B; 26/04/2018 – BOEING GETS $427M DEFENSE LOGISTICS AGENCY CONTRACT; 12/04/2018 – New Boeing-Embraer proposal brings tie-up closer, not imminent; 02/05/2018 – BA: LONG-TERM GOVT. FUNDING STABILITY CHALLENGE FOR SLS ROCKET; 10/04/2018 – Boeing 1Q Commerical Airplane Deliveries 184

Strs Ohio decreased its stake in Lifetime Brands Inc. (LCUT) by 76.22% based on its latest 2018Q2 regulatory filing with the SEC. Strs Ohio sold 26,600 shares as the company’s stock declined 3.88% while stock markets rallied. The institutional investor held 8,300 shares of the capital goods company at the end of 2018Q2, valued at $104,000, down from 34,900 at the end of the previous reported quarter. Strs Ohio who had been investing in Lifetime Brands Inc. for a number of months, seems to be less bullish one the $257.04M market cap company. The stock increased 2.23% or $0.27 during the last trading session, reaching $12.38. About 25,657 shares traded or 14.16% up from the average. Lifetime Brands, Inc. (NASDAQ:LCUT) has declined 36.83% since December 8, 2017 and is downtrending. It has underperformed by 52.45% the S&P500. Some Historical LCUT News: 08/05/2018 – Lifetime Brands 1Q Loss/Shr 70c; 15/03/2018 – Lifetime Brands 4Q Adj EPS 47c; 08/05/2018 – LIFETIME BRANDS – FOR YEAR ENDING DEC 31, CO SEES NET SALES $760 MLN TO $772 MLN; 08/05/2018 – Lifetime Brands 1Q Adj Loss/Shr 50c; 15/03/2018 – Lifetime Brands 4Q EPS 8c; 23/04/2018 – DJ Lifetime Brands Inc, Inst Holders, 1Q 2018 (LCUT); 08/05/2018 – LIFETIME BRANDS – FOR YEAR ENDING DEC 31, CO SEES DILUTED INCOME PER COMMON SHARE $0.45 TO $0.61 PER SHARE; 09/03/2018 TAYLOR PARENT, LLC REPORTS 27.2 PCT STAKE IN LIFETIME BRANDS INC AS OF MARCH 2 – SEC FILING; 08/05/2018 – LIFETIME BRANDS – FOR YEAR ENDING DEC 31, CO SEES ADJ DILUTED INCOME PER COMMON SHARE $0.81 TO $0.96 PER SHARE; 15/03/2018 – Moody’s Affirms Seven Classes of WFCM 2016-C33

Since October 29, 2018, it had 0 buys, and 2 selling transactions for $2.35 million activity. Sands Diana L had sold 5,000 shares worth $1.75M on Monday, October 29.

Investors sentiment increased to 0.88 in Q2 2018. Its up 0.22, from 0.66 in 2018Q1. It is positive, as 38 investors sold BA shares while 606 reduced holdings. 121 funds opened positions while 445 raised stakes. 353.55 million shares or 2.04% less from 360.90 million shares in 2018Q1 were reported. Davenport Ltd Llc holds 186,954 shares. Argent Capital Mngmt reported 48,933 shares or 0.59% of all its holdings. Rathbone Brothers Public Ltd Com has 10,879 shares. Royal Fincl Bank Of Canada invested 0.27% of its portfolio in The Boeing Company (NYSE:BA). Massachusetts-based Timber Creek Capital Mngmt Limited Liability Company has invested 0.05% in The Boeing Company (NYSE:BA). Hsbc Public Ltd Company reported 801,920 shares or 0.48% of all its holdings. Moreover, Busey Trust has 0.23% invested in The Boeing Company (NYSE:BA). 2,878 are owned by Private Asset Mgmt. Sigma Inv Counselors reported 16,693 shares. Roosevelt Inv Group Inc holds 6,726 shares or 0.21% of its portfolio. 1,129 were accumulated by Rfg Advisory Group Limited Liability. Reik & Ltd Liability owns 0.31% invested in The Boeing Company (NYSE:BA) for 3,000 shares. Maine-based Davis R M Incorporated has invested 0.06% in The Boeing Company (NYSE:BA). Vanguard Grp Incorporated holds 42.99 million shares. 7,691 are held by Highstreet Asset Mgmt.

Among 27 analysts covering Boeing (NYSE:BA), 20 have Buy rating, 1 Sell and 6 Hold. Therefore 74% are positive. Boeing had 126 analyst reports since August 26, 2015 according to SRatingsIntel. The stock has “Buy” rating by Melius Research on Monday, January 8. Buckingham Research maintained it with “Neutral” rating and $324 target in Monday, June 4 report. The firm has “Buy” rating given on Wednesday, June 21 by Cowen & Co. Bank of America maintained The Boeing Company (NYSE:BA) on Thursday, February 1 with “Buy” rating. Canaccord Genuity maintained The Boeing Company (NYSE:BA) rating on Thursday, October 25. Canaccord Genuity has “Hold” rating and $360 target. Standpoint Research downgraded the stock to “Hold” rating in Monday, November 2 report. The firm earned “Buy” rating on Monday, August 28 by Jefferies. The rating was maintained by Jefferies on Wednesday, July 5 with “Buy”. Robert W. Baird maintained it with “Buy” rating and $325.0 target in Monday, October 9 report. Berenberg maintained The Boeing Company (NYSE:BA) on Monday, January 29 with “Buy” rating.

Mckinley Capital Management Inc, which manages about $8.13B and $1.54 billion US Long portfolio, decreased its stake in Tpg Specialty Lending Inc (NYSE:TSLX) by 30,501 shares to 191,576 shares, valued at $3.44 million in 2018Q2, according to the filing. It also reduced its holding in T Mobile Us Inc (NYSE:TMUS) by 83,485 shares in the quarter, leaving it with 412,413 shares, and cut its stake in Arista Networks Inc (NYSE:ANET).

More notable recent The Boeing Company (NYSE:BA) news were published by: Seekingalpha.com which released: “Lion Air considers canceling big Boeing order, co-founder tells WSJ – Seeking Alpha” on December 05, 2018, also Seekingalpha.com with their article: “Boeing’s Share Price Crashes – What Now? – Seeking Alpha” published on November 21, 2018, Seekingalpha.com published: “Boeing’s KC-46 tankers complete phase two receiver certification testing – Seeking Alpha” on December 03, 2018. More interesting news about The Boeing Company (NYSE:BA) were released by: Benzinga.com and their article: “Apple Inc. (NASDAQ:AAPL), Boeing Company (The) (NYSE:BA) – Data Dive, Trade Talks And Powell: Busy Post-Holiday Week On The Way – Benzinga” published on November 26, 2018 as well as Benzinga.com‘s news article titled: “Broadcom Ltd (NASDAQ:AVGO), Boeing Company (The) (NYSE:BA) – Make Mine Vanilla: Dull Jobs Report Might Be Just What’s Needed After Wild Week – Benzinga” with publication date: December 07, 2018.

Strs Ohio, which manages about $23.23 billion US Long portfolio, upped its stake in Prestige Brands Holdings Inc (NYSE:PBH) by 20,000 shares to 120,000 shares, valued at $4.61M in 2018Q2, according to the filing. It also increased its holding in Hartford Finl Services (NYSE:HIG) by 13,390 shares in the quarter, for a total of 195,358 shares, and has risen its stake in Owens Corning Inc (NYSE:OC).

Since August 16, 2018, it had 3 insider buys, and 2 insider sales for $91,780 activity. $12,150 worth of Lifetime Brands, Inc. (NASDAQ:LCUT) shares were sold by SHIFTAN RONALD. 1,918 shares valued at $23,016 were sold by WESTERFIELD WILLIAM U on Thursday, August 16.

More notable recent Lifetime Brands, Inc. (NASDAQ:LCUT) news were published by: Seekingalpha.com which released: “Lifetime Brands lowered FY2018 guidance – Seeking Alpha” on November 08, 2018, also Businesswire.com with their article: “Lifetime Brands Acquires La Cafetière – Business Wire” published on March 12, 2014, Businesswire.com published: “Lifetime Brands to Acquire Filament Brands – Business Wire” on December 22, 2017. More interesting news about Lifetime Brands, Inc. (NASDAQ:LCUT) were released by: Seekingalpha.com and their article: “Lifetime Brands’ (LCUT) CEO Robert Kay on Q1 2018 Results – Earnings Call Transcript – Seeking Alpha” published on May 11, 2018 as well as Seekingalpha.com‘s news article titled: “Lifetime Brands, Inc. (LCUT) CEO Robert Kay on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: November 10, 2018.

The Boeing Company (NYSE:BA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.