Boeing (BA) Shareholder Bowen Hanes & Co Has Increased Its Holding by $20.41 Million; Albemarle (ALB) Stake Held by Mitsubishi Ufj Securities Holdings Company

June 14, 2018 - By William Brooks

Albemarle Corporation (NYSE:ALB) Logo

Bowen Hanes & Co Inc increased its stake in Boeing (BA) by 3950.76% based on its latest 2018Q1 regulatory filing with the SEC. Bowen Hanes & Co Inc bought 62,422 shares as the company’s stock declined 0.93% with the market. The institutional investor held 64,002 shares of the aerospace company at the end of 2018Q1, valued at $20.99M, up from 1,580 at the end of the previous reported quarter. Bowen Hanes & Co Inc who had been investing in Boeing for a number of months, seems to be bullish on the $210.91B market cap company. The stock decreased 0.50% or $1.83 during the last trading session, reaching $362.02. About 2.32 million shares traded. The Boeing Company (NYSE:BA) has risen 92.49% since June 14, 2017 and is uptrending. It has outperformed by 79.92% the S&P500. Some Historical BA News: 10/04/2018 – MALAYSIA AIRLINES SAYS NO FRESH TENDER PROCESS IN PLACE FOR 20-30 WIDEBODY JETS, BOEING MOU REMAINS; 13/04/2018 – LIMA – BRAZIL’S TEMER SAYS CLOSING BORDER WITH VENEZUELA TO STOP REFUGEE INFLUX IS “UNTHINKABLE”; 10/05/2018 – BOEING-EMBRAER COMMERCIAL AVIATION DEAL DELAYED BY TALKS OVER HOW TO BREAK UP BRAZILIAN PLANEMAKER; 25/05/2018 – Boeing Deploys Executive to Rolls-Royce as 787 Engine Woes Mount; 08/05/2018 – Boeing, Lufthansa Group Complete Order for Four 777 Airplanes; 23/05/2018 – MALAYSIA’S TRANSPORT MINISTRY SAYS PRIVATE SEARCH FOR MH370 TO END ON MAY 29; NO MORE EXTENSIONS; 25/04/2018 – Boeing profit rises 57 percent; 15/03/2018 – Boeing’s an Early Casualty as Investors Dig in for Trade War; 03/04/2018 – Boeing: Order Raises Air Lease’s Total 737 MAX Orders to 138; 25/04/2018 – BA: U.S. military Osprey emergency landing

Mitsubishi Ufj Securities Holdings Company increased its stake in Albemarle Corp (ALB) by 12433.33% based on its latest 2018Q1 regulatory filing with the SEC. Mitsubishi Ufj Securities Holdings Company bought 3,730 shares as the company’s stock declined 13.88% with the market. The institutional investor held 3,760 shares of the major chemicals company at the end of 2018Q1, valued at $349,000, up from 30 at the end of the previous reported quarter. Mitsubishi Ufj Securities Holdings Company who had been investing in Albemarle Corp for a number of months, seems to be bullish on the $10.35 billion market cap company. The stock decreased 0.45% or $0.43 during the last trading session, reaching $93.42. About 605,467 shares traded. Albemarle Corporation (NYSE:ALB) has declined 15.78% since June 14, 2017 and is downtrending. It has underperformed by 28.35% the S&P500. Some Historical ALB News: 24/04/2018 – Albemarle at Goldman Sachs Basic Materials Conference May 15; 23/05/2018 – Chile high court declines to weigh in on lithium spat at Maricunga; 16/04/2018 – Albemarle Corporation Announces Appointment of Dr. Glen Merfeld, Chief Technology Officer for Lithium Business; 19/04/2018 – ALBEMARLE: FORCE MAJEURE DUE TO SHORTAGE OF KEY RAW MATERIALS; 19/04/2018 – ALBEMARLE DECLARES FORCE MAJEURE DUE TO SHORTAGE OF KEY RAW MAT; 27/03/2018 – China Wants in on the Clean, Copious, and Chilean Energy Boom; 29/05/2018 – Albemarle Corporation to Attend Citi’s Chemicals Conference; 22/04/2018 – DJ Albemarle Corporation, Inst Holders, 1Q 2018 (ALB); 09/03/2018 – Albemarle Corp Receives Increase in Lithium Quota for Chile Ops; 17/05/2018 – Fitch Upgrades Albemarle Corp.’s IDR to ‘BBB’/’F2’

Investors sentiment decreased to 0.99 in 2018 Q1. Its down 0.02, from 1.01 in 2017Q4. It dropped, as 82 investors sold ALB shares while 156 reduced holdings. 72 funds opened positions while 163 raised stakes. 93.28 million shares or 0.45% more from 92.86 million shares in 2017Q4 were reported. Stoneridge Inv Ptnrs Ltd Co owns 40,202 shares. Neuberger Berman Ltd Com reported 9,990 shares. Wilbanks Smith & Thomas Asset Mgmt Lc invested in 4,548 shares or 0.03% of the stock. Lombard Odier Asset (Switzerland) Sa invested in 16,790 shares or 0.16% of the stock. Cap Fund accumulated 281,417 shares. State Board Of Administration Of Florida Retirement Systems holds 0.04% of its portfolio in Albemarle Corporation (NYSE:ALB) for 158,712 shares. Marco holds 0.88% of its portfolio in Albemarle Corporation (NYSE:ALB) for 60,800 shares. Adage Cap Prtnrs Gru Ltd Llc holds 0.01% or 40,200 shares in its portfolio. Sector Pension Investment Board owns 6,114 shares. Bancorporation Of Montreal Can has 64,194 shares for 0.01% of their portfolio. Renaissance Techs Lc holds 0.06% of its portfolio in Albemarle Corporation (NYSE:ALB) for 568,308 shares. California State Teachers Retirement Systems accumulated 187,681 shares. Two Sigma Ltd Liability has invested 0.01% in Albemarle Corporation (NYSE:ALB). Peak6 Investments LP accumulated 20,753 shares. Oppenheimer Asset Management invested in 6,863 shares or 0.02% of the stock.

Among 23 analysts covering Albemarle Corporation (NYSE:ALB), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Albemarle Corporation had 78 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Monday, August 21 with “Buy”. Morgan Stanley downgraded the shares of ALB in report on Monday, February 26 to “Underweight” rating. The rating was downgraded by Deutsche Bank to “Hold” on Tuesday, November 14. The stock of Albemarle Corporation (NYSE:ALB) earned “Buy” rating by Robert W. Baird on Tuesday, August 22. The stock of Albemarle Corporation (NYSE:ALB) has “Buy” rating given on Wednesday, September 16 by Deutsche Bank. As per Monday, September 25, the company rating was downgraded by Robert W. Baird. KeyBanc Capital Markets maintained the shares of ALB in report on Thursday, April 12 with “Overweight” rating. KeyBanc Capital Markets maintained Albemarle Corporation (NYSE:ALB) rating on Friday, September 1. KeyBanc Capital Markets has “Buy” rating and $125.0 target. The rating was maintained by JP Morgan on Tuesday, February 23 with “Neutral”. The stock has “Hold” rating by Seaport Global on Monday, February 5.

More notable recent Albemarle Corporation (NYSE:ALB) news were published by: Seekingalpha.com which released: “Honeywell, Dover among companies exiting Iran presence before sanctions” on June 05, 2018, also Globenewswire.com with their article: “Detailed Research: Economic Perspectives on Och-Ziff Capital Management Group, Axalta Coating, Trinity Industries …” published on June 13, 2018, Seekingalpha.com published: “Wall Street Breakfast: Fed Day Comes Round Again” on June 13, 2018. More interesting news about Albemarle Corporation (NYSE:ALB) were released by: Fool.com and their article: “SQM vs. Albemarle vs. FMC Corp.: Which Had the Best Lithium Results in Q1?” published on May 30, 2018 as well as Seekingalpha.com‘s news article titled: “Lithium revival across the US” with publication date: June 13, 2018.

Mitsubishi Ufj Securities Holdings Company, which manages about $26.05M US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 8,360 shares to 1,870 shares, valued at $171,000 in 2018Q1, according to the filing.

More notable recent The Boeing Company (NYSE:BA) news were published by: Seekingalpha.com which released: “Earnings Growth On The Horizon For Boeing” on June 06, 2018, also Seekingalpha.com with their article: “Rolls-Royce problems delay 787 engine fix” published on June 13, 2018, Seekingalpha.com published: “Boeing Books $4.2 Billion Worth Of Orders” on June 14, 2018. More interesting news about The Boeing Company (NYSE:BA) were released by: Seekingalpha.com and their article: “Crash Protection For Boeing” published on June 08, 2018 as well as Seekingalpha.com‘s news article titled: “New mid-sized plane from Boeing?” with publication date: June 03, 2018.

Among 27 analysts covering Boeing (NYSE:BA), 19 have Buy rating, 1 Sell and 7 Hold. Therefore 70% are positive. Boeing had 118 analyst reports since August 26, 2015 according to SRatingsIntel. RBC Capital Markets maintained The Boeing Company (NYSE:BA) on Thursday, April 27 with “Underperform” rating. As per Thursday, February 1, the company rating was maintained by Credit Suisse. The rating was maintained by Jefferies with “Buy” on Friday, March 24. The stock has “Hold” rating by RBC Capital Markets on Wednesday, November 15. As per Monday, December 5, the company rating was maintained by Deutsche Bank. The stock of The Boeing Company (NYSE:BA) earned “Buy” rating by Berenberg on Monday, February 5. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, January 28 report. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, April 28. The stock of The Boeing Company (NYSE:BA) earned “Sector Perform” rating by RBC Capital Markets on Thursday, October 22. On Friday, April 28 the stock rating was maintained by Goldman Sachs with “Sell”.

Investors sentiment decreased to 0.66 in 2018 Q1. Its down 0.13, from 0.79 in 2017Q4. It fall, as 60 investors sold BA shares while 691 reduced holdings. 128 funds opened positions while 368 raised stakes. 360.90 million shares or 3.37% less from 373.50 million shares in 2017Q4 were reported. Thrivent Fin For Lutherans has 0.4% invested in The Boeing Company (NYSE:BA). Timber Creek Cap Mngmt Lc has invested 0.05% in The Boeing Company (NYSE:BA). Guinness Asset Mngmt Limited stated it has 1.31% of its portfolio in The Boeing Company (NYSE:BA). Holderness Investments Co accumulated 2% or 12,362 shares. Meridian Inv Counsel Inc holds 0.35% or 1,873 shares. Counselors stated it has 0.4% of its portfolio in The Boeing Company (NYSE:BA). Adell Harriman And Carpenter Inc invested in 0% or 9,738 shares. 22,000 are held by Seminole Comm. Wade G W & has invested 1.29% in The Boeing Company (NYSE:BA). Highlander Cap Lc holds 0.48% or 2,500 shares. Fiera Cap Corporation accumulated 10,443 shares. Cibc Markets has 0.35% invested in The Boeing Company (NYSE:BA). Lakeview Cap Prns Ltd Llc holds 916 shares or 0.23% of its portfolio. Sandhill Capital Prns Ltd holds 0.11% or 2,099 shares. Gsa Capital Llp owns 18,149 shares for 0.31% of their portfolio.

Since February 8, 2018, it had 0 insider buys, and 6 insider sales for $18.83 million activity. 2,840 shares valued at $948,261 were sold by Verbeck Robert E on Friday, May 4. $373,379 worth of The Boeing Company (NYSE:BA) was sold by CAPOZZI HEIDI B. LUTTIG J MICHAEL had sold 9,000 shares worth $3.10 million on Wednesday, May 9. Hyslop Gregory L had sold 2,241 shares worth $762,543. On Thursday, February 8 the insider Smith Gregory D sold $12.17 million.

The Boeing Company (NYSE:BA) Institutional Positions Chart

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