Ascend Capital Has Decreased Its Raytheon Co (RTN) Stake; Brave Asset Management Trimmed Boeing Co (BA) Stake

February 20, 2018 - By Marie Mckinney

Brave Asset Management Inc decreased Boeing Co (BA) stake by 37.25% reported in 2017Q3 SEC filing. Brave Asset Management Inc sold 7,671 shares as Boeing Co (BA)’s stock rose 4.66%. The Brave Asset Management Inc holds 12,922 shares with $3.29M value, down from 20,593 last quarter. Boeing Co now has $209.54B valuation. The stock increased 0.29% or $1.03 during the last trading session, reaching $356.07. About 2.10 million shares traded. The Boeing Company (NYSE:BA) has risen 41.13% since February 20, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.

Ascend Capital Llc decreased Raytheon Co (RTN) stake by 74.05% reported in 2017Q3 SEC filing. Ascend Capital Llc sold 79,029 shares as Raytheon Co (RTN)’s stock rose 4.85%. The Ascend Capital Llc holds 27,689 shares with $5.17 million value, down from 106,718 last quarter. Raytheon Co now has $62.90 billion valuation. The stock increased 0.13% or $0.28 during the last trading session, reaching $218.01. About 624,929 shares traded. Raytheon Company (NYSE:RTN) has risen 24.03% since February 20, 2017 and is uptrending. It has outperformed by 7.33% the S&P500.

Among 21 analysts covering Raytheon Company (NYSE:RTN), 17 have Buy rating, 1 Sell and 3 Hold. Therefore 81% are positive. Raytheon Company had 75 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co on Thursday, August 10 with “Buy”. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, July 29 report. The firm has “Sell” rating given on Thursday, September 3 by Zacks. Citigroup maintained Raytheon Company (NYSE:RTN) rating on Monday, October 9. Citigroup has “Buy” rating and $215 target. Robert W. Baird initiated the shares of RTN in report on Thursday, October 6 with “Outperform” rating. Jefferies maintained it with “Buy” rating and $190.0 target in Monday, August 28 report. The stock has “Buy” rating by Jefferies on Thursday, January 25. The rating was maintained by Barclays Capital on Monday, May 2 with “Equal Weight”. The stock has “Buy” rating by Jefferies on Monday, January 8. The stock of Raytheon Company (NYSE:RTN) earned “Outperform” rating by Bernstein on Monday, October 30.

Investors sentiment increased to 1.21 in Q3 2017. Its up 0.09, from 1.12 in 2017Q2. It improved, as 42 investors sold RTN shares while 343 reduced holdings. 118 funds opened positions while 346 raised stakes. 205.51 million shares or 1.55% less from 208.75 million shares in 2017Q2 were reported. Skba Lc invested in 0.07% or 2,550 shares. Sunbelt Secs owns 2,696 shares. Maple Capital Management invested in 1,892 shares or 0.09% of the stock. Vigilant Management has invested 0% of its portfolio in Raytheon Company (NYSE:RTN). Fin Engines Advsrs Limited Liability stated it has 332 shares. First Hawaiian Bankshares holds 0.03% or 1,302 shares in its portfolio. Aperio Gru Limited Liability Corporation holds 286,820 shares or 0.3% of its portfolio. South State Corporation holds 0.42% or 20,123 shares in its portfolio. Becker Capital Management Inc has invested 1.66% of its portfolio in Raytheon Company (NYSE:RTN). Motco reported 0.6% of its portfolio in Raytheon Company (NYSE:RTN). Affinity Inv Advsrs Limited invested 0.1% in Raytheon Company (NYSE:RTN). Origin Asset Mngmt Llp reported 74,285 shares stake. Charter Tru owns 6,735 shares. Tarbox Family Office Inc has invested 0% of its portfolio in Raytheon Company (NYSE:RTN). Bnp Paribas Asset Mgmt Sa reported 0.66% stake.

Ascend Capital Llc increased At&T Inc (NYSE:T) stake by 192,952 shares to 425,370 valued at $16.66M in 2017Q3. It also upped Prudential Finl Inc (NYSE:PRU) stake by 570,430 shares and now owns 602,276 shares. Dish Network Corp (NASDAQ:DISH) was raised too.

Since August 31, 2017, it had 0 insider buys, and 11 selling transactions for $22.12 million activity. $2.80 million worth of stock was sold by Lawrence Taylor W on Tuesday, February 13. $1.84M worth of stock was sold by Newsome Randa G on Tuesday, February 13. On Monday, October 2 the insider Jimenez Frank R sold $121,723. $2.77M worth of Raytheon Company (NYSE:RTN) was sold by WAJSGRAS DAVID C. Wood Michael J also sold $861,146 worth of Raytheon Company (NYSE:RTN) on Tuesday, February 13. The insider Kennedy Thomas A sold 44,778 shares worth $9.67M. On Tuesday, January 2 Long Letitia A sold $120,790 worth of Raytheon Company (NYSE:RTN) or 650 shares.

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. Bank of America maintained The Boeing Company (NYSE:BA) rating on Thursday, February 1. Bank of America has “Buy” rating and $470.0 target. Jefferies maintained The Boeing Company (NYSE:BA) on Wednesday, July 5 with “Buy” rating. The rating was maintained by RBC Capital Markets on Thursday, October 26 with “Hold”. Morgan Stanley maintained The Boeing Company (NYSE:BA) on Tuesday, October 24 with “Equal-Weight” rating. Canaccord Genuity maintained it with “Hold” rating and $290.0 target in Monday, January 8 report. The firm has “Sell” rating by RBC Capital Markets given on Friday, June 2. The firm earned “Sell” rating on Wednesday, October 26 by Standpoint Research. Cowen & Co maintained the stock with “Buy” rating in Tuesday, June 13 report. The rating was maintained by Melius Research on Monday, January 8 with “Buy”. As per Tuesday, May 30, the company rating was maintained by Jefferies.

Brave Asset Management Inc increased Nuveen Amt Free Qlty Mun Inc (NEA) stake by 116,500 shares to 132,295 valued at $1.83M in 2017Q3. It also upped Spdr S&P 500 Etf Tr (Put) (SPY) stake by 3,500 shares and now owns 26,000 shares. Spdr S&P 500 Etf Tr (SPY) was raised too.

Since February 8, 2018, it had 0 insider purchases, and 1 sale for $12.17 million activity. Smith Gregory D had sold 36,079 shares worth $12.17 million.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Marie Mckinney

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: