Boeing Co (BA) Shareholder Bell State Bank & Trust Trimmed Position as Share Value Rose; As Goldman Sachs Group (GS) Stock Value Declined, Bridges Investment Management Trimmed Holding by $1.49 Million

February 21, 2018 - By Clifton Ray

Bridges Investment Management Inc decreased its stake in Goldman Sachs Group Inc (GS) by 63.62% based on its latest 2017Q3 regulatory filing with the SEC. Bridges Investment Management Inc sold 6,300 shares as the company’s stock declined 13.97% while stock markets rallied. The institutional investor held 3,602 shares of the finance company at the end of 2017Q3, valued at $854,000, down from 9,902 at the end of the previous reported quarter. Bridges Investment Management Inc who had been investing in Goldman Sachs Group Inc for a number of months, seems to be less bullish one the $100.58B market cap company. The stock increased 0.67% or $1.7661 during the last trading session, reaching $266.6561. About 865,127 shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 39.23% since February 21, 2017 and is uptrending. It has outperformed by 22.53% the S&P500.

Bell State Bank & Trust decreased its stake in Boeing Co (BA) by 33.32% based on its latest 2017Q3 regulatory filing with the SEC. Bell State Bank & Trust sold 3,915 shares as the company’s stock rose 4.66% with the market. The institutional investor held 7,836 shares of the aerospace company at the end of 2017Q3, valued at $1.99 million, down from 11,751 at the end of the previous reported quarter. Bell State Bank & Trust who had been investing in Boeing Co for a number of months, seems to be less bullish one the $210.72 billion market cap company. The stock increased 1.33% or $4.71 during the last trading session, reaching $358.06. About 1.64 million shares traded. The Boeing Company (NYSE:BA) has risen 41.13% since February 21, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.

Since October 18, 2017, it had 0 buys, and 8 sales for $28.24 million activity. Shares for $5.77 million were sold by SOLOMON DAVID M on Monday, January 29. Another trade for 17,500 shares valued at $4.40 million was sold by VINIAR DAVID A. 4,951 shares valued at $1.19 million were sold by GNODDE RICHARD J on Wednesday, October 18. SCHWARTZ HARVEY M had sold 25,000 shares worth $6.13 million on Friday, October 20. SALAME PABLO J sold $2.70 million worth of stock or 10,000 shares.

Investors sentiment decreased to 0.75 in 2017 Q3. Its down 0.33, from 1.08 in 2017Q2. It turned negative, as 63 investors sold GS shares while 427 reduced holdings. 82 funds opened positions while 285 raised stakes. 271.74 million shares or 2.47% less from 278.62 million shares in 2017Q2 were reported. Hgk Asset Mgmt Inc invested in 54,651 shares or 1.84% of the stock. Check Cap Management Incorporated Ca reported 5,600 shares stake. Etrade Management Ltd Liability has 0.02% invested in The Goldman Sachs Group, Inc. (NYSE:GS). Wetherby Asset Inc stated it has 6,870 shares. Freestone Capital Ltd Liability Co owns 0.04% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 2,252 shares. Maryland Capital Mgmt reported 59,373 shares. Pinnacle Liability reported 16,451 shares. Haverford Trust accumulated 1,552 shares or 0.01% of the stock. Wall Street Access Asset Mngmt Ltd Llc owns 1.45% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 2,907 shares. First Foundation Advisors holds 1.5% in The Goldman Sachs Group, Inc. (NYSE:GS) or 111,749 shares. Assets Mgmt Lc has invested 1.42% in The Goldman Sachs Group, Inc. (NYSE:GS). Ulysses Limited Com reported 0.07% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Scott And Selber reported 12,756 shares. Cypress Asset Mngmt Inc Tx invested 1.09% in The Goldman Sachs Group, Inc. (NYSE:GS). Suffolk Cap Ltd Liability Com reported 70,997 shares.

Among 30 analysts covering Goldman Sachs Group Inc. (NYSE:GS), 13 have Buy rating, 1 Sell and 16 Hold. Therefore 43% are positive. Goldman Sachs Group Inc. had 97 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) has “Neutral” rating given on Thursday, October 20 by Guggenheim. The firm earned “Hold” rating on Wednesday, April 19 by Rafferty. Keefe Bruyette & Woods downgraded the stock to “Hold” rating in Wednesday, July 19 report. The rating was maintained by RBC Capital Markets on Wednesday, July 20 with “Sector Perform”. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Sell” rating by Vertical Group on Monday, November 6. The firm earned “Outperform” rating on Friday, November 18 by Macquarie Research. The rating was maintained by BMO Capital Markets with “Hold” on Friday, October 6. The firm has “Buy” rating given on Wednesday, June 7 by Keefe Bruyette & Woods. Barclays Capital maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating on Tuesday, January 3. Barclays Capital has “Equal Weight” rating and $262 target. The rating was maintained by RBC Capital Markets on Friday, October 6 with “Hold”.

Analysts await The Goldman Sachs Group, Inc. (NYSE:GS) to report earnings on April, 17. They expect $5.41 EPS, up 5.05% or $0.26 from last year’s $5.15 per share. GS’s profit will be $2.04B for 12.32 P/E if the $5.41 EPS becomes a reality. After $5.68 actual EPS reported by The Goldman Sachs Group, Inc. for the previous quarter, Wall Street now forecasts -4.75% negative EPS growth.

Among 25 analysts covering Boeing (NYSE:BA), 17 have Buy rating, 1 Sell and 7 Hold. Therefore 68% are positive. Boeing had 103 analyst reports since August 26, 2015 according to SRatingsIntel. On Thursday, February 18 the stock rating was upgraded by Buckingham Research to “Neutral”. The firm has “Underperform” rating given on Monday, February 13 by Buckingham Research. The company was maintained on Wednesday, September 20 by Bernstein. Edward Jones upgraded The Boeing Company (NYSE:BA) on Tuesday, February 13 to “Buy” rating. The stock of The Boeing Company (NYSE:BA) has “Buy” rating given on Monday, July 24 by Cowen & Co. Robert W. Baird maintained the stock with “Buy” rating in Thursday, July 27 report. The rating was initiated by Standpoint Research on Wednesday, August 26 with “Buy”. The stock of The Boeing Company (NYSE:BA) has “Sell” rating given on Friday, April 28 by Goldman Sachs. Credit Suisse upgraded the stock to “Outperform” rating in Thursday, July 27 report. The firm has “Buy” rating by Berenberg given on Wednesday, March 29.

Investors sentiment decreased to 0.81 in 2017 Q3. Its down 0.05, from 0.86 in 2017Q2. It turned negative, as 50 investors sold BA shares while 609 reduced holdings. 165 funds opened positions while 367 raised stakes. 411.79 million shares or 1.95% less from 419.99 million shares in 2017Q2 were reported. Nationwide Fund Advisors, a Pennsylvania-based fund reported 417,178 shares. Ativo Capital Mgmt Lc invested in 7,211 shares. Old Second Bancorp Of Aurora stated it has 0.06% in The Boeing Company (NYSE:BA). Kistler reported 4,395 shares. Loring Wolcott And Coolidge Fiduciary Advsrs Limited Liability Partnership Ma invested 0.04% of its portfolio in The Boeing Company (NYSE:BA). Sigma Investment Counselors Inc holds 0.94% in The Boeing Company (NYSE:BA) or 25,915 shares. Moreover, Raymond James & Assoc has 0.26% invested in The Boeing Company (NYSE:BA). Macnealy Hoover Inv Management has invested 0.35% in The Boeing Company (NYSE:BA). Estabrook Cap Management stated it has 296 shares or 0.01% of all its holdings. Messner And Smith Theme Value Invest Mgmt Ltd Ca reported 2,925 shares. Polaris Greystone Fin Gp Ltd Limited Liability Company owns 5,402 shares or 0.12% of their US portfolio. Guinness Atkinson Asset Incorporated has invested 4.44% of its portfolio in The Boeing Company (NYSE:BA). Plancorp Limited Liability Company stated it has 33,583 shares. Moreover, Wms Prns Ltd has 0.08% invested in The Boeing Company (NYSE:BA) for 2,761 shares. The Massachusetts-based Srb Corp has invested 0.02% in The Boeing Company (NYSE:BA).

Analysts await The Boeing Company (NYSE:BA) to report earnings on April, 25. They expect $2.73 earnings per share, up 35.82% or $0.72 from last year’s $2.01 per share. BA’s profit will be $1.61 billion for 32.79 P/E if the $2.73 EPS becomes a reality. After $4.80 actual earnings per share reported by The Boeing Company for the previous quarter, Wall Street now forecasts -43.13% negative EPS growth.

Since February 8, 2018, it had 0 insider buys, and 1 insider sale for $12.17 million activity.

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