Pacific Global Investment Management Company Lowered Its Holding in Boeing Co (BA) by $668,262 as Stock Price Rose; As Taiwan Semiconductor Mfg LTD (TSM) Share Price Rose, Trilogy Global Advisors LP Decreased Position

May 25, 2018 - By Kurt Siggers

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Logo

Trilogy Global Advisors Lp decreased its stake in Taiwan Semiconductor Mfg Ltd (TSM) by 26.98% based on its latest 2017Q4 regulatory filing with the SEC. Trilogy Global Advisors Lp sold 417,559 shares as the company’s stock rose 9.24% while stock markets declined. The institutional investor held 1.13M shares of the semiconductors company at the end of 2017Q4, valued at $44.80 million, down from 1.55 million at the end of the previous reported quarter. Trilogy Global Advisors Lp who had been investing in Taiwan Semiconductor Mfg Ltd for a number of months, seems to be less bullish one the $196.20 billion market cap company. The stock decreased 0.96% or $0.38 during the last trading session, reaching $39.27. About 7.93 million shares traded or 8.28% up from the average. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 30.51% since May 25, 2017 and is uptrending. It has outperformed by 18.96% the S&P500.

Pacific Global Investment Management Company decreased its stake in Boeing Co (BA) by 18.09% based on its latest 2017Q4 regulatory filing with the SEC. Pacific Global Investment Management Company sold 2,273 shares as the company’s stock rose 8.82% while stock markets declined. The institutional investor held 10,293 shares of the aerospace company at the end of 2017Q4, valued at $3.04M, down from 12,566 at the end of the previous reported quarter. Pacific Global Investment Management Company who had been investing in Boeing Co for a number of months, seems to be less bullish one the $210.81 billion market cap company. The stock decreased 0.06% or $0.21 during the last trading session, reaching $359. About 3.93 million shares traded. The Boeing Company (NYSE:BA) has risen 82.35% since May 25, 2017 and is uptrending. It has outperformed by 70.80% the S&P500.

Trilogy Global Advisors Lp, which manages about $14.31B and $1.58B US Long portfolio, upped its stake in Bancolombia S A (NYSE:CIB) by 8,790 shares to 561,758 shares, valued at $22.28 million in 2017Q4, according to the filing. It also increased its holding in Banco Bradesco S A (NYSE:BBD) by 59,718 shares in the quarter, for a total of 4.27M shares, and has risen its stake in Starbucks Corp (NASDAQ:SBUX).

Analysts await Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to report earnings on July, 12. They expect $0.45 earnings per share, up 7.14% or $0.03 from last year’s $0.42 per share. TSM’s profit will be $2.25 billion for 21.82 P/E if the $0.45 EPS becomes a reality. After $0.59 actual earnings per share reported by Taiwan Semiconductor Manufacturing Company Limited for the previous quarter, Wall Street now forecasts -23.73% negative EPS growth.

Among 8 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Taiwan Semiconductor Manufacturing had 17 analyst reports since August 24, 2015 according to SRatingsIntel. As per Tuesday, June 28, the company rating was downgraded by Goldman Sachs. The rating was downgraded by Morgan Stanley on Monday, November 27 to “Equal-Weight”. J.P. Morgan upgraded the stock to “Buy” rating in Tuesday, October 10 report. The stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has “Hold” rating given on Thursday, April 19 by Susquehanna. As per Thursday, January 18, the company rating was maintained by Susquehanna. KeyBanc Capital Markets maintained the stock with “Hold” rating in Wednesday, September 6 report. Pacific Crest upgraded the shares of TSM in report on Friday, October 14 to “Sector Weight” rating. As per Tuesday, January 16, the company rating was upgraded by HSBC. The rating was upgraded by Goldman Sachs on Monday, January 22 to “Buy”. The rating was downgraded by HSBC to “Hold” on Thursday, October 13.

Another recent and important Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) news was published by Fool.com which published an article titled: “Better Buy: TSMC vs. Qualcomm, Inc.” on May 14, 2018.

Since February 8, 2018, it had 0 insider purchases, and 6 sales for $18.83 million activity. Hyslop Gregory L sold 2,241 shares worth $762,543. $3.10M worth of The Boeing Company (NYSE:BA) shares were sold by LUTTIG J MICHAEL. Verbeck Robert E sold $948,261 worth of The Boeing Company (NYSE:BA) on Friday, May 4. CAPOZZI HEIDI B sold $373,379 worth of stock. On Friday, May 4 Sands Diana L sold $1.48 million worth of The Boeing Company (NYSE:BA) or 4,500 shares.

Pacific Global Investment Management Company, which manages about $700.64 million and $460.76 million US Long portfolio, upped its stake in F M C Corp (NYSE:FMC) by 4,215 shares to 16,610 shares, valued at $1.57M in 2017Q4, according to the filing. It also increased its holding in Monster Beverage Corp by 5,653 shares in the quarter, for a total of 55,508 shares, and has risen its stake in Oracle Corp (NYSE:ORCL).

Investors sentiment decreased to 0.79 in 2017 Q4. Its down 0.02, from 0.81 in 2017Q3. It turned negative, as 65 investors sold BA shares while 614 reduced holdings. 148 funds opened positions while 391 raised stakes. 373.50 million shares or 9.30% less from 411.79 million shares in 2017Q3 were reported. Virtus Advisers invested in 0.59% or 18,376 shares. Ftb Advsr, Tennessee-based fund reported 27,851 shares. Kistler has 0.47% invested in The Boeing Company (NYSE:BA) for 4,018 shares. Capital Inv Advisors Limited Liability Company reported 30,050 shares. Round Table Svcs Limited Liability Corporation, New Jersey-based fund reported 1,034 shares. Woodstock reported 0.41% stake. Bb&T Secs Limited has invested 0.14% of its portfolio in The Boeing Company (NYSE:BA). First Dallas Incorporated holds 18,617 shares. Fincl Advisory Group holds 3,962 shares. Central Bank & holds 20,819 shares or 1.48% of its portfolio. Teachers & Annuity Association Of America accumulated 0.05% or 3,630 shares. Pitcairn accumulated 9,763 shares. Visionary Asset Management Incorporated invested in 749 shares. Sta Wealth Mgmt Ltd holds 0.07% in The Boeing Company (NYSE:BA) or 909 shares. South Street Ltd Company invested 0.14% in The Boeing Company (NYSE:BA).

Among 27 analysts covering Boeing (NYSE:BA), 19 have Buy rating, 1 Sell and 7 Hold. Therefore 70% are positive. Boeing had 117 analyst reports since August 26, 2015 according to SRatingsIntel. The firm earned “Sell” rating on Friday, July 7 by RBC Capital Markets. The stock of The Boeing Company (NYSE:BA) earned “Hold” rating by RBC Capital Markets on Friday, September 1. Berenberg maintained The Boeing Company (NYSE:BA) on Monday, January 29 with “Buy” rating. On Friday, April 28 the stock rating was maintained by Canaccord Genuity with “Hold”. Jefferies maintained The Boeing Company (NYSE:BA) on Wednesday, July 5 with “Buy” rating. J.P. Morgan upgraded The Boeing Company (NYSE:BA) on Friday, July 14 to “Buy” rating. Morgan Stanley maintained the stock with “Equal-Weight” rating in Tuesday, October 24 report. The stock of The Boeing Company (NYSE:BA) has “Buy” rating given on Monday, September 19 by Citigroup. The stock of The Boeing Company (NYSE:BA) earned “Hold” rating by RBC Capital Markets on Tuesday, January 23. The rating was upgraded by Edward Jones on Tuesday, February 13 to “Buy”.

Analysts await The Boeing Company (NYSE:BA) to report earnings on July, 25. They expect $3.44 earnings per share, up 34.90% or $0.89 from last year’s $2.55 per share. BA’s profit will be $2.02B for 26.09 P/E if the $3.44 EPS becomes a reality. After $3.64 actual earnings per share reported by The Boeing Company for the previous quarter, Wall Street now forecasts -5.49% negative EPS growth.

The Boeing Company (NYSE:BA) Institutional Positions Chart

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