Baldwin Investment Management Has Trimmed Position in Metlife (MET) as Shares Rose; Boeing Co Com (BA) Holder Butensky & Cohen Financial Security Has Cut Stake by $525,162 as Share Value Declined

June 14, 2018 - By Kurt Siggers

The Boeing Company (NYSE:BA) Logo

Butensky & Cohen Financial Security Inc decreased its stake in Boeing Co Com (BA) by 23.1% based on its latest 2018Q1 regulatory filing with the SEC. Butensky & Cohen Financial Security Inc sold 1,606 shares as the company’s stock declined 0.93% with the market. The institutional investor held 5,345 shares of the aerospace company at the end of 2018Q1, valued at $1.75 million, down from 6,951 at the end of the previous reported quarter. Butensky & Cohen Financial Security Inc who had been investing in Boeing Co Com for a number of months, seems to be less bullish one the $211.14B market cap company. The stock decreased 0.39% or $1.43 during the last trading session, reaching $362.42. About 4.03 million shares traded. The Boeing Company (NYSE:BA) has risen 92.49% since June 14, 2017 and is uptrending. It has outperformed by 79.92% the S&P500. Some Historical BA News: 25/04/2018 – Boeing profit rises 57 percent; 04/04/2018 – China Tariffs Would Affect Few Boeing Jets; 08/05/2018 – BOEING ’18 NET ORDERS INCLUDE 71 FOR 787; 15/03/2018 – BOEING SAYS BOEING HORIZONX VENTURES PARTICIPATED IN THE SERIES A FUNDING ROUND FOR CO’S INVESTMENT IN FORTEM TECHNOLOGIES INC; 13/03/2018 – Boeing studying options for further boost to 737 production; 16/03/2018 – BOEING – BOARD HAS ALSO APPROVED A ONE-TIME WAIVER OF ITS DIRECTOR RETIREMENT POLICY IN ORDER TO NOMINATE DUBERSTEIN FOR RE-ELECTION AS A DIRECTOR; 20/04/2018 – FOR MEDIA ONLY: Boeing to Host Shareholder Meeting in Chicago; 12/04/2018 – EMBRAER COMMERCIAL CEO DECLINES COMMENT ON REPORTS EMBRAER CLOSE TO SELLING CONTROL OF COMMERCIAL JET ARM TO BOEING BA.N; 23/05/2018 – XIAMEN AIRLINES TAKES DELIVERY OF ITS FIRST BOEING 737 MAX, EXPANDING FLEET TO 200 AIRPLANES; 05/05/2018 – ATLAS 5 ROCKET LAUNCH OF MARS INSIGHT MISSION MARKS FIRST LIFTOFF OF INTERPLANETARY SPACECRAFT FROM U.S. WEST COAST

Baldwin Investment Management Llc decreased its stake in Metlife Inc (MET) by 62.82% based on its latest 2018Q1 regulatory filing with the SEC. Baldwin Investment Management Llc sold 7,445 shares as the company’s stock rose 0.25% while stock markets declined. The institutional investor held 4,407 shares of the finance company at the end of 2018Q1, valued at $202,000, down from 11,852 at the end of the previous reported quarter. Baldwin Investment Management Llc who had been investing in Metlife Inc for a number of months, seems to be less bullish one the $47.54B market cap company. The stock decreased 0.49% or $0.23 during the last trading session, reaching $46.77. About 6.05 million shares traded or 11.68% up from the average. MetLife, Inc. (NYSE:MET) has risen 4.50% since June 14, 2017 and is uptrending. It has underperformed by 8.07% the S&P500. Some Historical MET News: 30/03/2018 – MetLife Partners With China Net Giant Tencent’s WeSure — MarketWatch; 16/05/2018 – MetLife Launches PlanSmart(R) Fincl Wellness; 01/05/2018 – MetLife Adds Exec VP, Head of Latin America Oscar Schmidt to Executive Group; 30/03/2018 – MetLife and WeSure Form Strategic Digital Insurance Partnership; 25/04/2018 – EXCLUSIVE-Trump’s bank watchdog bought financial stocks up until taking office; 08/05/2018 – FEDEX CORP – FOLLOWING ANNUITY PURCHASE AND TRANSFER, PENSION PLANS WILL REMAIN WELL FUNDED; 16/05/2018 – METLIFE NAMES BILL O’DONNELL AS U.S. CFO; 03/05/2018 – Christine Angino, Formerly of MetLife, Joins ALTO Real Estate Funds as Vice President of Acquisitions; 04/05/2018 – Moody’s withdraws General American Life’s Aa3 financial strength rating on merger into Metropolitan Tower Life; 02/05/2018 – METLIFE 1Q ADJ. EPS $1.36, EST. $1.17

Among 27 analysts covering Boeing (NYSE:BA), 19 have Buy rating, 1 Sell and 7 Hold. Therefore 70% are positive. Boeing had 118 analyst reports since August 26, 2015 according to SRatingsIntel. Jefferies maintained The Boeing Company (NYSE:BA) rating on Monday, October 23. Jefferies has “Buy” rating and $300.0 target. Canaccord Genuity maintained The Boeing Company (NYSE:BA) on Thursday, January 28 with “Buy” rating. The firm has “Sector Perform” rating given on Friday, February 12 by RBC Capital Markets. The firm earned “Buy” rating on Friday, December 1 by Cowen & Co. The rating was upgraded by RBC Capital Markets to “Sector Perform” on Thursday, July 27. The firm has “Hold” rating by Canaccord Genuity given on Wednesday, October 18. On Friday, April 28 the stock rating was maintained by Credit Suisse with “Hold”. Berenberg maintained The Boeing Company (NYSE:BA) on Monday, January 29 with “Buy” rating. The stock of The Boeing Company (NYSE:BA) earned “Buy” rating by Berenberg on Wednesday, March 29. The stock of The Boeing Company (NYSE:BA) has “Outperform” rating given on Monday, October 30 by Bernstein.

Since February 8, 2018, it had 0 insider purchases, and 6 selling transactions for $18.83 million activity. The insider LUTTIG J MICHAEL sold $3.10M. On Friday, May 4 Sands Diana L sold $1.48 million worth of The Boeing Company (NYSE:BA) or 4,500 shares. $373,379 worth of The Boeing Company (NYSE:BA) shares were sold by CAPOZZI HEIDI B. $12.17M worth of The Boeing Company (NYSE:BA) was sold by Smith Gregory D on Thursday, February 8. Hyslop Gregory L had sold 2,241 shares worth $762,543.

Investors sentiment decreased to 0.66 in Q1 2018. Its down 0.13, from 0.79 in 2017Q4. It turned negative, as 60 investors sold BA shares while 691 reduced holdings. 128 funds opened positions while 368 raised stakes. 360.90 million shares or 3.37% less from 373.50 million shares in 2017Q4 were reported. Eagle Asset Management reported 0.02% in The Boeing Company (NYSE:BA). Amp Capital Investors Limited has 0.6% invested in The Boeing Company (NYSE:BA). Allen Investment Management Llc reported 2,725 shares stake. Moreover, First Merchants has 0.14% invested in The Boeing Company (NYSE:BA). Sequoia Financial Advsrs Limited has 4,802 shares for 0.17% of their portfolio. St Johns Investment Mgmt Co Limited Liability Co has invested 0.07% in The Boeing Company (NYSE:BA). Trustmark Bancorp Trust Department has invested 0.22% in The Boeing Company (NYSE:BA). Moreover, Suntrust Banks has 0.23% invested in The Boeing Company (NYSE:BA) for 107,848 shares. Bellecapital Intl reported 0.31% in The Boeing Company (NYSE:BA). New York State Teachers Retirement owns 951,469 shares. Hills Bancorp Commerce holds 0.19% or 1,942 shares in its portfolio. Stifel Finance owns 493,329 shares or 0.51% of their US portfolio. British Columbia Invest Management Corporation accumulated 259,331 shares or 0.65% of the stock. Voloridge Investment Mngmt Limited Co accumulated 2.8% or 362,873 shares. Moreover, Linscomb And Williams has 0.17% invested in The Boeing Company (NYSE:BA) for 6,267 shares.

More notable recent The Boeing Company (NYSE:BA) news were published by: Seekingalpha.com which released: “Boeing: Time For Stock Split?” on June 07, 2018, also Seekingalpha.com with their article: “Boeing announces GoFly winners” published on June 14, 2018, Seekingalpha.com published: “New mid-sized plane from Boeing?” on June 03, 2018. More interesting news about The Boeing Company (NYSE:BA) were released by: Seekingalpha.com and their article: “Crash Protection For Boeing” published on June 08, 2018 as well as Seekingalpha.com‘s news article titled: “Earnings Growth On The Horizon For Boeing” with publication date: June 06, 2018.

Analysts await The Boeing Company (NYSE:BA) to report earnings on July, 25. They expect $3.41 EPS, up 33.73% or $0.86 from last year’s $2.55 per share. BA’s profit will be $1.99B for 26.57 P/E if the $3.41 EPS becomes a reality. After $3.64 actual EPS reported by The Boeing Company for the previous quarter, Wall Street now forecasts -6.32% negative EPS growth.

Investors sentiment decreased to 0.72 in 2018 Q1. Its down 0.30, from 1.02 in 2017Q4. It fall, as 101 investors sold MET shares while 352 reduced holdings. 79 funds opened positions while 247 raised stakes. 766.37 million shares or 2.12% less from 782.94 million shares in 2017Q4 were reported. Virtu Fincl invested in 12,217 shares or 0.03% of the stock. Buckingham Cap Mngmt Inc holds 28,093 shares or 0.27% of its portfolio. Farmers National Bank reported 0.04% in MetLife, Inc. (NYSE:MET). San Francisco Sentry Invest Grp (Ca) holds 0.02% of its portfolio in MetLife, Inc. (NYSE:MET) for 1,194 shares. Andra Ap has invested 0.12% of its portfolio in MetLife, Inc. (NYSE:MET). Teachers Retirement Systems Of The State Of Kentucky stated it has 0.28% of its portfolio in MetLife, Inc. (NYSE:MET). 1832 Asset Mgmt Lp reported 1,600 shares. 144 are owned by Patten Gru Inc. Manchester Cap Mngmt, Vermont-based fund reported 1,920 shares. Duff & Phelps Mgmt reported 0.01% of its portfolio in MetLife, Inc. (NYSE:MET). Barrow Hanley Mewhinney Strauss Limited Co stated it has 0% in MetLife, Inc. (NYSE:MET). Alphaone Inv Ltd Llc accumulated 1,413 shares. 3,951 are held by Trust Co Of Vermont. Captrust Fincl Advsr, a North Carolina-based fund reported 24,366 shares. 240,251 are held by Apg Asset Mngmt Nv.

Baldwin Investment Management Llc, which manages about $307.24 million and $279.56M US Long portfolio, upped its stake in Prudential Financial Inc (NYSE:PRU) by 3,325 shares to 10,442 shares, valued at $1.08 million in 2018Q1, according to the filing.

More notable recent MetLife, Inc. (NYSE:MET) news were published by: Benzinga.com which released: “Goldman’s Insurance Pair Trade: Prudential Financial Upgraded, Metlife Downgraded” on June 04, 2018, also Seekingalpha.com with their article: “Brighthouse Financial announces secondary stock offering” published on June 12, 2018, Seekingalpha.com published: “MetLife: A Well-Known Name At A Value Price” on June 12, 2018. More interesting news about MetLife, Inc. (NYSE:MET) were released by: Globenewswire.com and their article: “Lawsuit for Investors in NYSE: MET shares against MetLife announced by Shareholders Foundation” published on May 30, 2018 as well as Seekingalpha.com‘s news article titled: “MetLife: This 5.625% Preferred Stock Has Begun Trading On The NYSE” with publication date: June 09, 2018.

Among 19 analysts covering MetLife (NYSE:MET), 9 have Buy rating, 1 Sell and 9 Hold. Therefore 47% are positive. MetLife had 59 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Argus Research with “Buy” on Monday, November 6. Morgan Stanley maintained the shares of MET in report on Friday, November 3 with “Equal-Weight” rating. The rating was upgraded by Macquarie Research to “Outperform” on Thursday, January 14. The stock of MetLife, Inc. (NYSE:MET) has “Buy” rating given on Tuesday, October 3 by Wells Fargo. The firm has “Hold” rating by Sandler O’Neill given on Thursday, April 5. On Wednesday, February 14 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. RBC Capital Markets maintained the shares of MET in report on Friday, November 3 with “Buy” rating. Morgan Stanley maintained MetLife, Inc. (NYSE:MET) on Monday, November 13 with “Equal-Weight” rating. The firm has “Buy” rating given on Monday, July 10 by Wells Fargo. On Thursday, March 15 the stock rating was maintained by Wells Fargo with “Buy”.

Analysts await MetLife, Inc. (NYSE:MET) to report earnings on August, 1. They expect $1.18 EPS, down 9.23% or $0.12 from last year’s $1.3 per share. MET’s profit will be $1.20 billion for 9.91 P/E if the $1.18 EPS becomes a reality. After $1.36 actual EPS reported by MetLife, Inc. for the previous quarter, Wall Street now forecasts -13.24% negative EPS growth.

MetLife, Inc. (NYSE:MET) Institutional Positions Chart

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