Cadence Capital Management Has Trimmed Boeing Co (BA) Stake, Hudson Technologies (HDSN)’s Sentiment Is 3.27

June 6, 2017 - By Darrin Black

Cadence Capital Management Llc decreased Boeing Co (BA) stake by 8.46% reported in 2016Q4 SEC filing. Cadence Capital Management Llc sold 8,133 shares as Boeing Co (BA)’s stock rose 4.66%. The Cadence Capital Management Llc holds 88,038 shares with $13.71M value, down from 96,171 last quarter. Boeing Co now has $115.82 billion valuation. The stock declined 0.24% or $0.45 reaching $188.5 per share. About 52 shares traded. Boeing Co (NYSE:BA) has risen 41.13% since June 6, 2016 and is uptrending. It has outperformed by 24.43% the S&P500.

Hudson Technologies, Inc. is a refrigerant services company. The company has market cap of $371.86 million. The Company’s services and products are primarily used in commercial air conditioning, industrial processing and refrigeration systems, and include refrigerant and industrial gas sales, refrigerant management services consisting primarily of reclamation of refrigerants and RefrigerantSide Services performed at a customer’s site, consisting of system decontamination to remove moisture, oils and other contaminants. It has a 24.56 P/E ratio. In addition, the Company’s SmartEnergy OPS service is a Web real time continuous monitoring service applicable to a facility’s refrigeration systems and other energy systems.

Among 18 analysts covering Boeing (NYSE:BA), 8 have Buy rating, 5 Sell and 5 Hold. Therefore 44% are positive. Boeing had 40 analyst reports since August 26, 2015 according to SRatingsIntel. As per Monday, December 5, the company rating was maintained by Deutsche Bank. The stock of Boeing Co (NYSE:BA) earned “Buy” rating by Canaccord Genuity on Thursday, January 28. JP Morgan downgraded Boeing Co (NYSE:BA) on Friday, February 12 to “Neutral” rating. The company was maintained on Friday, February 12 by RBC Capital Markets. The stock of Boeing Co (NYSE:BA) earned “Sector Perform” rating by RBC Capital Markets on Thursday, October 22. The stock of Boeing Co (NYSE:BA) has “Hold” rating given on Monday, November 2 by Standpoint Research. Berenberg initiated Boeing Co (NYSE:BA) rating on Wednesday, March 29. Berenberg has “Buy” rating and $202 target. The firm has “Underperform” rating by RBC Capital Markets given on Thursday, January 12. As per Tuesday, May 30, the company rating was maintained by Jefferies. The stock of Boeing Co (NYSE:BA) earned “Buy” rating by Jefferies on Friday, March 24.

Analysts await Boeing Co (NYSE:BA) to report earnings on July, 26. They expect $2.35 EPS, up 634.09% or $2.79 from last year’s $-0.44 per share. BA’s profit will be $1.44B for 20.05 P/E if the $2.35 EPS becomes a reality. After $2.01 actual EPS reported by Boeing Co for the previous quarter, Wall Street now forecasts 16.92% EPS growth.

Investors sentiment decreased to 0.89 in Q4 2016. Its down 0.01, from 0.9 in 2016Q3. It is negative, as 69 investors sold BA shares while 508 reduced holdings. 137 funds opened positions while 378 raised stakes. 445.41 million shares or 0.76% more from 442.07 million shares in 2016Q3 were reported. Wills Financial Group Inc has 1.68% invested in Boeing Co (NYSE:BA). Geode Lc invested in 5.65 million shares or 0.41% of the stock. Greenhaven Inc holds 7.46% in Boeing Co (NYSE:BA) or 2.84 million shares. Moreover, Penobscot Inv has 0.38% invested in Boeing Co (NYSE:BA) for 7,125 shares. Cadence National Bank Na, Texas-based fund reported 2,956 shares. 4,016 are held by Laffer Invests. Farmers And Merchants Inc invested in 0.12% or 8,090 shares. The California-based Rand Wealth Limited has invested 0.49% in Boeing Co (NYSE:BA). Fisher Asset Mgmt Limited Liability, a Washington-based fund reported 293,895 shares. 535,556 are held by Ig Invest Management Limited. Evergreen Capital Management Ltd Liability Company invested in 0.07% or 2,350 shares. Department Mb Bancshares N A invested 1.8% of its portfolio in Boeing Co (NYSE:BA). Naples Global Advsr Ltd Liability Corporation holds 1.45% or 23,912 shares in its portfolio. Tocqueville Asset Mgmt Limited Partnership invested in 0.35% or 173,800 shares. Harvey holds 1.18% of its portfolio in Boeing Co (NYSE:BA) for 16,345 shares.

Since January 30, 2017, it had 0 insider buys, and 15 sales for $53.76 million activity. Allen Bertrand Marc also sold $2.84 million worth of Boeing Co (NYSE:BA) on Tuesday, May 2. Another trade for 5,497 shares valued at $902,152 was sold by Verbeck Robert E. Conner Raymond L. sold $1.95 million worth of stock. Shares for $438,552 were sold by Caret Leanne G on Wednesday, May 3. The insider LUTTIG J MICHAEL sold 7,986 shares worth $1.47M. On Monday, May 1 Deal Stanley A sold $494,792 worth of Boeing Co (NYSE:BA) or 2,710 shares. Sands Diana L also sold $3.50M worth of Boeing Co (NYSE:BA) shares.

Cadence Capital Management Llc increased Ncr Corp New (NYSE:NCR) stake by 12,517 shares to 56,533 valued at $2.29 million in 2016Q4. It also upped Oceaneering Intl Inc (NYSE:OII) stake by 30,795 shares and now owns 110,131 shares. Polaris Inds Inc (NYSE:PII) was raised too.

Analysts await Hudson Technologies, Inc. (NASDAQ:HDSN) to report earnings on August, 1. They expect $0.17 EPS, up 21.43% or $0.03 from last year’s $0.14 per share. HDSN’s profit will be $7.23M for 12.85 P/E if the $0.17 EPS becomes a reality. After $0.13 actual EPS reported by Hudson Technologies, Inc. for the previous quarter, Wall Street now forecasts 30.77% EPS growth.