Point72 Asset Management LP Holding In Ford Mtr Co Del (Put) (F) Was Increased; As The Boeing Co (BA) Market Valuation Rose, Renaissance Group Has Trimmed Stake by $929,640

January 14, 2018 - By Adrian Erickson

Renaissance Group Llc decreased its stake in The Boeing Co (BA) by 2.23% based on its latest 2017Q3 regulatory filing with the SEC. Renaissance Group Llc sold 3,660 shares as the company’s stock rose 4.66% with the market. The institutional investor held 160,330 shares of the aerospace company at the end of 2017Q3, valued at $40.76 million, down from 163,990 at the end of the previous reported quarter. Renaissance Group Llc who had been investing in The Boeing Co for a number of months, seems to be less bullish one the $200.24B market cap company. The stock increased 2.47% or $8.09 during the last trading session, reaching $336.21. About 6.56 million shares traded or 96.62% up from the average. The Boeing Company (NYSE:BA) has risen 41.13% since January 14, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.

Steve Cohen increased its stake in Ford Mtr Co Del (Put) (F) by 33.33% based on its latest 2017Q3 regulatory filing with the SEC. Point72 Asset Management Lp bought 150,000 shares as the company’s stock declined 13.59% while stock markets rallied. The hedge fund run by Steve Cohen held 600,000 shares of the auto manufacturing company at the end of 2017Q3, valued at $7.18 million, up from 450,000 at the end of the previous reported quarter. Point72 Asset Management Lp who had been investing in Ford Mtr Co Del (Put) for a number of months, seems to be bullish on the $52.55 billion market cap company. The stock increased 0.53% or $0.07 during the last trading session, reaching $13.23. About 56.98M shares traded or 70.02% up from the average. Ford Motor Company (NYSE:F) has declined 16.63% since January 14, 2017 and is downtrending. It has underperformed by 33.33% the S&P500.

Since August 2, 2017, it had 0 buys, and 7 sales for $3.55 million activity. FARLEY JR JAMES D had sold 25,000 shares worth $285,000. Another trade for 92,815 shares valued at $1.06M was sold by OJAKLI ZIAD S. Another trade for 22,076 shares valued at $273,080 was made by Armstrong Steven R. on Wednesday, October 4. Shares for $300,000 were sold by Thai-Tang Hau N on Monday, September 25. Shares for $453,600 were sold by Hinrichs Joseph R on Tuesday, September 5.

Among 26 analysts covering F&M Bank (NYSE:F), 9 have Buy rating, 3 Sell and 14 Hold. Therefore 35% are positive. F&M Bank had 56 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Citigroup on Monday, October 30. The firm has “Overweight” rating by Piper Jaffray given on Friday, March 24. Jefferies maintained it with “Hold” rating and $12 target in Tuesday, May 23 report. RBC Capital Markets maintained it with “Buy” rating and $1300 target in Tuesday, July 11 report. As per Wednesday, October 28, the company rating was maintained by UBS. Jefferies maintained it with “Hold” rating and $1200 target in Monday, August 7 report. As per Sunday, August 13, the company rating was maintained by RBC Capital Markets. The company was maintained on Monday, September 11 by Piper Jaffray. Nomura initiated Ford Motor Company (NYSE:F) rating on Tuesday, September 20. Nomura has “Buy” rating and $14 target. The stock of Ford Motor Company (NYSE:F) has “Neutral” rating given on Friday, July 29 by Citigroup.

Investors sentiment increased to 0.87 in Q3 2017. Its up 0.04, from 0.83 in 2017Q2. It increased, as 63 investors sold F shares while 354 reduced holdings. 91 funds opened positions while 271 raised stakes. 2.07 billion shares or 1.73% less from 2.11 billion shares in 2017Q2 were reported. 1St Source Financial Bank invested in 0.01% or 13,847 shares. Tower Cap Ltd Liability (Trc) owns 5,112 shares. Blair William And Il reported 195,196 shares. Endurance Wealth holds 0.01% of its portfolio in Ford Motor Company (NYSE:F) for 3,475 shares. Johnson Financial Gp invested in 0.15% or 97,232 shares. Duff Phelps Inv Management reported 43,980 shares. Cornerstone Capital Mngmt Holdg Ltd Liability Corp has invested 0.08% of its portfolio in Ford Motor Company (NYSE:F). Guggenheim Ltd Liability invested in 5.86 million shares or 0.16% of the stock. Jnba Advisors reported 0.01% stake. Foster And Motley has invested 0.28% in Ford Motor Company (NYSE:F). Moreover, Bkd Wealth Advisors Lc has 0.69% invested in Ford Motor Company (NYSE:F). Institute For Wealth Mgmt Ltd Limited Liability Company owns 134,950 shares or 0.53% of their US portfolio. 61,169 were accumulated by Fiera Cap Corp. Moreover, Keybank Association Oh has 0.01% invested in Ford Motor Company (NYSE:F). Hsbc Holdg Plc has 5.82M shares.

Point72 Asset Management Lp, which manages about $22.41 billion US Long portfolio, decreased its stake in Metlife Inc (NYSE:MET) by 120,409 shares to 238,700 shares, valued at $12.40 million in 2017Q3, according to the filing. It also reduced its holding in Celgene Corp (NASDAQ:CELG) by 122,758 shares in the quarter, leaving it with 77,242 shares, and cut its stake in Centurylink Inc (NYSE:CTL).

Analysts await The Boeing Company (NYSE:BA) to report earnings on January, 31 before the open. They expect $2.87 earnings per share, up 16.19% or $0.40 from last year’s $2.47 per share. BA’s profit will be $1.71 billion for 29.29 P/E if the $2.87 EPS becomes a reality. After $2.72 actual earnings per share reported by The Boeing Company for the previous quarter, Wall Street now forecasts 5.51% EPS growth.

Among 23 analysts covering Boeing (NYSE:BA), 15 have Buy rating, 1 Sell and 7 Hold. Therefore 65% are positive. Boeing had 88 analyst reports since August 26, 2015 according to SRatingsIntel. The stock of The Boeing Company (NYSE:BA) earned “Sector Perform” rating by RBC Capital Markets on Thursday, July 27. The rating was maintained by RBC Capital Markets on Thursday, April 28 with “Sector Perform”. The firm has “Neutral” rating by UBS given on Friday, August 4. Jefferies maintained it with “Buy” rating and $300.0 target in Monday, October 23 report. The rating was maintained by Wells Fargo on Tuesday, December 12 with “Hold”. The stock of The Boeing Company (NYSE:BA) earned “Buy” rating by Deutsche Bank on Thursday, September 14. As per Thursday, August 17, the company rating was maintained by Morgan Stanley. The rating was downgraded by Standpoint Research to “Hold” on Monday, November 2. The rating was maintained by Bernstein on Monday, October 30 with “Outperform”. Canaccord Genuity maintained the shares of BA in report on Wednesday, July 26 with “Hold” rating.

Investors sentiment decreased to 0.81 in 2017 Q3. Its down 0.05, from 0.86 in 2017Q2. It worsened, 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. Raab And Moskowitz Asset Management Llc holds 22,634 shares or 2.82% of its portfolio. Koch Industry Inc holds 0.2% in The Boeing Company (NYSE:BA) or 3,389 shares. 65,082 are owned by Cibc Fincl Bank Usa. Vantage Investment Advsrs Ltd Co invested in 0.05% or 776 shares. Signaturefd Limited Liability Company stated it has 0.58% in The Boeing Company (NYSE:BA). Badgley Phelps And Bell Inc invested in 72,799 shares. Rfg Advisory Grp holds 0.14% in The Boeing Company (NYSE:BA) or 869 shares. Lyons Wealth Mngmt Limited Company reported 1.76% of its portfolio in The Boeing Company (NYSE:BA). Cambridge Invest Research Advsr holds 63,445 shares. Wms Prns Lc reported 0.08% stake. Zweig has 0.03% invested in The Boeing Company (NYSE:BA) for 1,200 shares. Kentucky-based Hl Fincl Services Ltd Llc has invested 0.16% in The Boeing Company (NYSE:BA). Norinchukin Bankshares The reported 0.53% stake. Moreover, King Wealth Gp Limited Co has 0.18% invested in The Boeing Company (NYSE:BA). Moreover, Douglass Winthrop Advisors Limited Liability Co has 2.59% invested in The Boeing Company (NYSE:BA) for 175,734 shares.

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