Rayonier (RYN) Holder Mosaic Financial Partners Has Lowered Holding; Lockheed Martin Investment Management Company Has Lowered Its The Boeing Co (BA) Stake by $588,000

May 18, 2018 - By Henry Gaston

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Lockheed Martin Investment Management Company decreased its stake in The Boeing Co (BA) by 15.87% based on its latest 2017Q4 regulatory filing with the SEC. Lockheed Martin Investment Management Company sold 2,000 shares as the company’s stock rose 8.82% while stock markets declined. The institutional investor held 10,600 shares of the aerospace company at the end of 2017Q4, valued at $3.13M, down from 12,600 at the end of the previous reported quarter. Lockheed Martin Investment Management Company who had been investing in The Boeing Co for a number of months, seems to be less bullish one the $202.09B market cap company. The stock increased 0.93% or $3.17 during the last trading session, reaching $344.14. About 2.48 million shares traded. The Boeing Company (NYSE:BA) has risen 82.35% since May 18, 2017 and is uptrending. It has outperformed by 70.80% the S&P500.

Mosaic Financial Partners Inc decreased its stake in Rayonier Inc (RYN) by 7.11% based on its latest 2017Q4 regulatory filing with the SEC. Mosaic Financial Partners Inc sold 11,962 shares as the company’s stock rose 13.03% while stock markets declined. The institutional investor held 156,366 shares of the real estate investment trusts company at the end of 2017Q4, valued at $4.95M, down from 168,328 at the end of the previous reported quarter. Mosaic Financial Partners Inc who had been investing in Rayonier Inc for a number of months, seems to be less bullish one the $4.82B market cap company. The stock increased 0.16% or $0.06 during the last trading session, reaching $37.42. About 841,301 shares traded or 0.23% up from the average. Rayonier Inc. (NYSE:RYN) has risen 25.96% since May 18, 2017 and is uptrending. It has outperformed by 14.41% the S&P500.

Lockheed Martin Investment Management Company, which manages about $2.17B US Long portfolio, upped its stake in Select Sector Spdr (XLK) by 137,160 shares to 3.04 million shares, valued at $194.65M in 2017Q4, according to the filing. It also increased its holding in Citigroup (NYSE:C) by 11,820 shares in the quarter, for a total of 82,020 shares, and has risen its stake in Ishares Msci Canada Index (EWC).

Analysts await The Boeing Company (NYSE:BA) to report earnings on July, 25. They expect $3.44 EPS, up 34.90% or $0.89 from last year’s $2.55 per share. BA’s profit will be $2.02B for 25.01 P/E if the $3.44 EPS becomes a reality. After $3.64 actual EPS reported by The Boeing Company for the previous quarter, Wall Street now forecasts -5.49% negative EPS growth.

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. Standpoint Research upgraded it to “Buy” rating and $155 target in Thursday, January 14 report. The stock of The Boeing Company (NYSE:BA) earned “Buy” rating by Robert W. Baird on Thursday, July 27. The stock of The Boeing Company (NYSE:BA) earned “Hold” rating by Canaccord Genuity on Thursday, February 1. The stock of The Boeing Company (NYSE:BA) has “Hold” rating given on Wednesday, September 20 by Wells Fargo. The rating was downgraded by Morgan Stanley on Monday, March 13 to “Equal-Weight”. The company was maintained on Monday, December 5 by Deutsche Bank. RBC Capital Markets initiated the shares of BA in report on Thursday, January 12 with “Underperform” rating. The stock has “Buy” rating by Tigress Financial on Friday, February 2. RBC Capital Markets maintained the shares of BA in report on Tuesday, January 23 with “Hold” rating. Credit Suisse maintained The Boeing Company (NYSE:BA) rating on Thursday, April 26. Credit Suisse has “Outperform” rating and $455 target.

Since February 8, 2018, it had 0 insider buys, and 6 sales for $18.83 million activity. Shares for $373,379 were sold by CAPOZZI HEIDI B. Sands Diana L had sold 4,500 shares worth $1.48 million on Friday, May 4. Verbeck Robert E sold 2,840 shares worth $948,261. LUTTIG J MICHAEL also sold $3.10M worth of The Boeing Company (NYSE:BA) on Wednesday, May 9. 36,079 shares were sold by Smith Gregory D, worth $12.17M.

Investors sentiment decreased to 0.79 in 2017 Q4. Its down 0.02, from 0.81 in 2017Q3. It dropped, 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. Marietta Inv Prtnrs Lc reported 3,850 shares. Stillwater Investment Mgmt Ltd owns 58,273 shares. Concorde Asset Ltd Llc has invested 0.36% in The Boeing Company (NYSE:BA). Guardian Cap Advsrs L P, a Ontario – Canada-based fund reported 7,438 shares. 34,524 are held by Kentucky Retirement. Rnc Mgmt Ltd Liability reported 113,018 shares. Castleark Management Limited Liability Co reported 0.03% in The Boeing Company (NYSE:BA). Btr Management reported 0.29% stake. Richard C Young & Co reported 40,959 shares or 2.28% of all its holdings. Evergreen Capital Management Ltd Liability Com reported 0.08% of its portfolio in The Boeing Company (NYSE:BA). Fincl Bank Of Mellon holds 0.39% of its portfolio in The Boeing Company (NYSE:BA) for 5.03 million shares. Caisse De Depot Et Placement Du Quebec holds 139,750 shares or 0.1% of its portfolio. Eubel Brady Suttman Asset reported 2,120 shares or 0.19% of all its holdings. Cutter And Brokerage Inc invested in 0.2% or 1,659 shares. Ny State Common Retirement Fund invested in 1.52M shares or 0.54% of the stock.

More notable recent The Boeing Company (NYSE:BA) news were published by: 247Wallst.com which released: “Boeing Offer for Aircraft Parts Firm KLX Leaves Shareholders Cool” on May 01, 2018, also Seekingalpha.com with their article: “Boeing Crushes It” published on April 25, 2018, Seekingalpha.com published: “Boeing Doesn’t Need Iran” on May 15, 2018. More interesting news about The Boeing Company (NYSE:BA) were released by: Seekingalpha.com and their article: “Boeing Bolsters Services Business” published on May 02, 2018 as well as Streetinsider.com‘s news article titled: “Boeing (BA) Sees Modest Gains on Expected ‘Huge’ Order from Dubai Aerospace” with publication date: May 17, 2018.

Among 8 analysts covering Rayonier (NYSE:RYN), 2 have Buy rating, 1 Sell and 5 Hold. Therefore 25% are positive. Rayonier has $40 highest and $22 lowest target. $34’s average target is -9.14% below currents $37.42 stock price. Rayonier had 24 analyst reports since August 6, 2015 according to SRatingsIntel. Zacks upgraded the stock to “Sell” rating in Thursday, August 20 report. RBC Capital Markets maintained it with “Hold” rating and $32.0 target in Friday, February 9 report. As per Wednesday, September 7, the company rating was downgraded by Buckingham Research. BMO Capital Markets maintained it with “Buy” rating and $3100 target in Thursday, June 22 report. On Monday, September 4 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was upgraded by Raymond James on Monday, January 9 to “Outperform”. As per Friday, February 10, the company rating was downgraded by DA Davidson. The rating was downgraded by Zacks to “Sell” on Tuesday, September 22. As per Friday, August 7, the company rating was maintained by RBC Capital Markets. The firm has “Market Perform” rating given on Monday, August 14 by BMO Capital Markets.

Another recent and important Rayonier Inc. (NYSE:RYN) news was published by Seekingalpha.com which published an article titled: “Rayonier’s (RYN) CEO David Nunes on Q1 2018 Results – Earnings Call Transcript” on May 03, 2018.

Analysts await Rayonier Inc. (NYSE:RYN) to report earnings on August, 1. They expect $0.18 EPS, down 10.00% or $0.02 from last year’s $0.2 per share. RYN’s profit will be $23.20M for 51.97 P/E if the $0.18 EPS becomes a reality. After $0.31 actual EPS reported by Rayonier Inc. for the previous quarter, Wall Street now forecasts -41.94% negative EPS growth.

The Boeing Company (NYSE:BA) Institutional Positions Chart

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