Punch & Associates Investment Management Has Decreased Holding in Boeing Co (BA) by $308,356 as Stock Rose; Shamrock Asset Management Raised Its Stake in American Wtr Wks Co New Com (AWK) by $900,080 as Market Value Rose

January 19, 2018 - By Michael Collier

Stephen Royer increased its stake in American Wtr Wks Co Inc New Com (AWK) by 5233.02% based on its latest 2017Q3 regulatory filing with the SEC. Shamrock Asset Management Llc bought 11,251 shares as the company’s stock rose 2.78% with the market. The hedge fund run by Stephen Royer held 11,466 shares of the water supply company at the end of 2017Q3, valued at $928,000, up from 215 at the end of the previous reported quarter. Shamrock Asset Management Llc who had been investing in American Wtr Wks Co Inc New Com for a number of months, seems to be bullish on the $14.85 billion market cap company. The stock increased 1.04% or $0.86 during the last trading session, reaching $83.27. About 813,206 shares traded. American Water Works Company, Inc. (NYSE:AWK) has risen 3.35% since January 19, 2017 and is uptrending. It has underperformed by 13.35% the S&P500.

Punch & Associates Investment Management Inc decreased its stake in Boeing Co (BA) by 4.28% based on its latest 2017Q3 regulatory filing with the SEC. Punch & Associates Investment Management Inc sold 1,214 shares as the company’s stock rose 4.66% with the market. The hedge fund held 27,169 shares of the aerospace company at the end of 2017Q3, valued at $6.91M, down from 28,383 at the end of the previous reported quarter. Punch & Associates Investment Management Inc who had been investing in Boeing Co for a number of months, seems to be less bullish one the $200.78 billion market cap company. The stock decreased 0.89% or $3.04 during the last trading session, reaching $337.12. About 5.53 million shares traded or 47.87% up from the average. The Boeing Company (NYSE:BA) has risen 41.13% since January 19, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.

Punch & Associates Investment Management Inc, which manages about $832.72 million and $1.13 billion US Long portfolio, upped its stake in Outfront Media Inc by 61,556 shares to 356,697 shares, valued at $8.98 million in 2017Q3, according to the filing. It also increased its holding in Bar Hbr Bankshares (NYSEMKT:BHB) by 104,473 shares in the quarter, for a total of 367,599 shares, and has risen its stake in Lawson Prods Inc (NASDAQ:LAWS).

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 29.37 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.

Since July 31, 2017, it had 0 buys, and 5 sales for $20.35 million activity. Verbeck Robert E had sold 2,522 shares worth $616,499 on Monday, July 31. 19,757 shares were sold by Smith Gregory D, worth $4.85 million on Monday, July 31. Muilenburg Dennis A sold $13.84M worth of stock. 134 shares were sold by Downey Thomas J, worth $32,321 on Monday, August 7.

Among 23 analysts covering Boeing (NYSE:BA), 15 have Buy rating, 1 Sell and 7 Hold. Therefore 65% are positive. Boeing had 91 analyst reports since August 26, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, April 28 by Credit Suisse. The firm earned “Buy” rating on Tuesday, May 30 by Jefferies. The firm earned “Outperform” rating on Thursday, October 6 by Robert W. Baird. RBC Capital Markets initiated the stock with “Underperform” rating in Thursday, January 12 report. As per Friday, February 12, the company rating was downgraded by JP Morgan. The rating was upgraded by Standpoint Research on Thursday, January 14 to “Buy”. As per Monday, November 2, the company rating was downgraded by Standpoint Research. The firm has “Buy” rating given on Monday, January 8 by Melius Research. Bank of America maintained The Boeing Company (NYSE:BA) rating on Tuesday, December 12. Bank of America has “Buy” rating and $320.0 target. The company was maintained on Tuesday, December 12 by Wells Fargo.

Investors sentiment decreased to 0.81 in 2017 Q3. Its down 0.05, from 0.86 in 2017Q2. It dropped, 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. Green Square Capital Limited owns 1.5% invested in The Boeing Company (NYSE:BA) for 32,678 shares. 3.44M were reported by Comml Bank Of America De. Union National Bank Corp has 0.12% invested in The Boeing Company (NYSE:BA) for 1,348 shares. Contravisory Investment Mgmt reported 0% stake. Grassi Invest Mngmt has 50,033 shares. Northstar owns 2,090 shares for 0.17% of their portfolio. Northwest Investment Counselors Limited Liability Corporation reported 1,082 shares. Choate Investment Advisors reported 4,470 shares or 0.06% of all its holdings. Bp Public Ltd accumulated 0.63% or 70,000 shares. Wms Prns Lc reported 2,761 shares or 0.08% of all its holdings. Bank & Trust Of Nova Scotia has invested 0.51% of its portfolio in The Boeing Company (NYSE:BA). Birinyi Assocs accumulated 1.18% or 9,750 shares. Earnest Prtn Limited Liability Company invested 0.36% in The Boeing Company (NYSE:BA). Nine Masts Capital Limited reported 4,264 shares or 0.16% of all its holdings. 27,409 are owned by Wg Shaheen And Associate Dba Whitney And Com.

Investors sentiment increased to 1.05 in Q3 2017. Its up 0.05, from 1 in 2017Q2. It increased, as 35 investors sold AWK shares while 185 reduced holdings. 46 funds opened positions while 186 raised stakes. 139.87 million shares or 0.09% less from 140.00 million shares in 2017Q2 were reported. Schnieders Cap Mgmt Limited Liability owns 10,995 shares for 0.39% of their portfolio. Natl Planning has invested 0.05% in American Water Works Company, Inc. (NYSE:AWK). Australia-based Westpac has invested 0.35% in American Water Works Company, Inc. (NYSE:AWK). Pictet North America Advsr owns 22,835 shares for 0.29% of their portfolio. Ifc Fl holds 0.02% or 3,387 shares in its portfolio. 2,700 are owned by Tower Bridge Advisors. Buffington Mohr Mcneal owns 11,250 shares or 0.38% of their US portfolio. Lodestar Invest Counsel Ltd Co Il holds 0.06% or 5,650 shares in its portfolio. 134,320 are owned by Daiwa Sb Invests Limited. Moreover, Reaves W H has 3.84% invested in American Water Works Company, Inc. (NYSE:AWK) for 1.31 million shares. First Wilshire Securities Management holds 1.65% or 72,120 shares. Dupont Capital Mgmt Corp has invested 0% in American Water Works Company, Inc. (NYSE:AWK). Denver Investment Lc holds 0.08% of its portfolio in American Water Works Company, Inc. (NYSE:AWK) for 19,301 shares. Capital Innovations Ltd Liability Corp invested in 0.62% or 3,151 shares. Amp Capital Limited invested in 387,559 shares or 0.18% of the stock.

Since August 21, 2017, it had 0 insider buys, and 2 selling transactions for $1.52 million activity.

Shamrock Asset Management Llc, which manages about $382.14 million and $155.75M US Long portfolio, decreased its stake in Fidelity Msci Information Technology Index Etf (FTEC) by 9,214 shares to 1,504 shares, valued at $69,000 in 2017Q3, according to the filing. It also reduced its holding in First Trust Senior Loan Fund (FTSL) by 18,783 shares in the quarter, leaving it with 12,076 shares, and cut its stake in Ishares Floating Rate Bond Etf (FLOT).

Among 12 analysts covering American Water Works (NYSE:AWK), 2 have Buy rating, 0 Sell and 10 Hold. Therefore 17% are positive. American Water Works had 27 analyst reports since October 15, 2015 according to SRatingsIntel. Ladenburg Thalmann downgraded the shares of AWK in report on Thursday, October 15 to “Neutral” rating. Robert W. Baird maintained the stock with “Hold” rating in Friday, September 29 report. The rating was downgraded by Bank of America on Wednesday, July 6 to “Neutral”. The firm earned “Hold” rating on Thursday, August 3 by Boenning & Scattergood. The firm earned “Hold” rating on Thursday, October 19 by Wells Fargo. The stock of American Water Works Company, Inc. (NYSE:AWK) earned “Neutral” rating by Guggenheim on Tuesday, January 2. The rating was initiated by Robert W. Baird on Friday, October 14 with “Outperform”. The company was maintained on Friday, November 3 by Robert W. Baird. Janney Capital upgraded the shares of AWK in report on Tuesday, December 20 to “Buy” rating. The company was downgraded on Wednesday, April 26 by Robert W. Baird.

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