Shareholder Bridgecreek Investment Management Has Boosted Netflix (NFLX) Position; Martin & Company Position in The Boeing Co. (BA) Trimmed as Share Value Rose

February 19, 2018 - By Dolores Ford

Martin & Company Inc decreased its stake in The Boeing Co. (BA) by 10.57% based on its latest 2017Q3 regulatory filing with the SEC. Martin & Company Inc sold 1,625 shares as the company’s stock rose 4.66% with the market. The institutional investor held 13,755 shares of the aerospace company at the end of 2017Q3, valued at $3.50M, down from 15,380 at the end of the previous reported quarter. Martin & Company Inc who had been investing in The Boeing Co. for a number of months, seems to be less bullish one the $208.94B market cap company. The stock decreased 0.40% or $1.42 during the last trading session, reaching $355.04. About 5.21 million shares traded or 5.38% up from the average. The Boeing Company (NYSE:BA) has risen 41.13% since February 19, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.

Bridgecreek Investment Management Llc increased its stake in Netflix Inc (NFLX) by 6.19% based on its latest 2017Q3 regulatory filing with the SEC. Bridgecreek Investment Management Llc bought 2,425 shares as the company’s stock rose 10.41% with the market. The institutional investor held 41,630 shares of the consumer services company at the end of 2017Q3, valued at $7.55M, up from 39,205 at the end of the previous reported quarter. Bridgecreek Investment Management Llc who had been investing in Netflix Inc for a number of months, seems to be bullish on the $120.86B market cap company. The stock decreased 0.62% or $1.75 during the last trading session, reaching $278.52. About 8.31M shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since February 19, 2017 and is uptrending. It has outperformed by 58.64% the S&P500.

Among 56 analysts covering Netflix (NASDAQ:NFLX), 40 have Buy rating, 2 Sell and 14 Hold. Therefore 71% are positive. Netflix had 226 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was upgraded by Jefferies to “Hold” on Wednesday, March 15. Canaccord Genuity maintained Netflix, Inc. (NASDAQ:NFLX) on Monday, January 22 with “Buy” rating. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, October 18. On Tuesday, July 19 the stock rating was maintained by Goldman Sachs with “Buy”. Piper Jaffray maintained the stock with “Buy” rating in Tuesday, January 23 report. As per Tuesday, October 17, the company rating was maintained by BMO Capital Markets. The firm has “Outperform” rating given on Wednesday, January 20 by Oppenheimer. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, January 12. The stock has “Buy” rating by Nomura on Tuesday, July 19. The firm has “Mkt Perform” rating by FBR Capital given on Friday, February 12.

Since August 21, 2017, it had 0 insider buys, and 36 selling transactions for $124.60 million activity. BARTON RICHARD N sold 2,000 shares worth $368,590. The insider WELLS DAVID B sold $191,200. FRIEDLAND JONATHAN sold $735,522 worth of stock or 3,617 shares. On Thursday, February 8 SARANDOS THEODORE A sold $43.05M worth of Netflix, Inc. (NASDAQ:NFLX) or 163,747 shares. HASTINGS REED had sold 93,380 shares worth $15.51 million. Another trade for 8,533 shares valued at $1.92M was sold by Peters Gregory K.

Investors sentiment decreased to 1.12 in Q3 2017. Its down 0.10, from 1.22 in 2017Q2. It dived, as 56 investors sold NFLX shares while 255 reduced holdings. 115 funds opened positions while 233 raised stakes. 356.10 million shares or 3.23% more from 344.96 million shares in 2017Q2 were reported. Sfmg Ltd owns 1,879 shares or 0.07% of their US portfolio. Mathes Inc holds 0.24% of its portfolio in Netflix, Inc. (NASDAQ:NFLX) for 2,800 shares. Stratos Wealth Prtn Ltd holds 0.08% or 9,650 shares. Raymond James Tru Na reported 0.04% stake. Endurance Wealth Management Incorporated owns 0% invested in Netflix, Inc. (NASDAQ:NFLX) for 75 shares. Moore Capital Management Ltd Partnership reported 165,000 shares stake. Alpine Ltd Co holds 3,142 shares or 0.16% of its portfolio. Miracle Mile Advsr holds 2,232 shares or 0.07% of its portfolio. 603,684 were reported by State Board Of Administration Of Florida Retirement Sys. Glynn Mngmt Limited Co has 5.64% invested in Netflix, Inc. (NASDAQ:NFLX). Credit Suisse Ag stated it has 607,065 shares or 0.11% of all its holdings. Advisors Asset Management reported 3,758 shares stake. 221,713 are held by Metropolitan Life Insur Communications New York. Tortoise Investment Mgmt Lc invested in 0.01% or 126 shares. Cornerstone Advisors has 1,721 shares.

Bridgecreek Investment Management Llc, which manages about $625.00M and $368.14 million US Long portfolio, decreased its stake in Manhattan Assocs Inc (NASDAQ:MANH) by 28,990 shares to 75,505 shares, valued at $3.14M in 2017Q3, according to the filing. It also reduced its holding in American Outdoor Brands Corp by 34,550 shares in the quarter, leaving it with 22,500 shares, and cut its stake in Wynn Resorts Ltd (NASDAQ:WYNN).

Investors sentiment decreased to 0.81 in 2017 Q3. Its down 0.05, from 0.86 in 2017Q2. It fall, 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. Private Advisor Group Limited Liability Corp stated it has 47,968 shares or 0.31% of all its holdings. Modera Wealth Mngmt Limited Liability Com reported 2,500 shares stake. Tradewinds Mgmt Lc stated it has 1.64% of its portfolio in The Boeing Company (NYSE:BA). Empirical Fincl Serv Limited Liability Co holds 0.18% of its portfolio in The Boeing Company (NYSE:BA) for 3,097 shares. Lipe & Dalton reported 393 shares. Hanseatic Management Ser holds 1.8% or 6,244 shares. Menora Mivtachim Holding reported 168,260 shares stake. Estabrook Capital Management holds 0.01% or 296 shares. First Heartland Consultants holds 0.58% in The Boeing Company (NYSE:BA) or 9,444 shares. Envestnet Asset accumulated 57,151 shares or 0.03% of the stock. Edgestream Prns LP reported 10,358 shares stake. Boothbay Fund Mgmt Limited Liability accumulated 1,751 shares. The California-based Partnervest Advisory Serv Ltd has invested 0.24% in The Boeing Company (NYSE:BA). Smith Asset Mgmt Grp LP holds 2.74% in The Boeing Company (NYSE:BA) or 322,625 shares. Jaffetilchin Invest Ptnrs Limited Company invested in 0.17% or 2,769 shares.

Martin & Company Inc, which manages about $1.98 billion and $307.19M US Long portfolio, upped its stake in John Wiley & Sons Inc. (NYSE:JW.A) by 21,875 shares to 40,780 shares, valued at $2.18M in 2017Q3, according to the filing. It also increased its holding in Msa Safety Inc. (NYSE:MSA) by 11,550 shares in the quarter, for a total of 31,760 shares, and has risen its stake in Hawkins Inc. (NASDAQ:HWKN).

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. The rating was downgraded by Standpoint Research on Monday, November 2 to “Hold”. The firm has “Buy” rating by Cowen & Co given on Monday, July 17. The stock of The Boeing Company (NYSE:BA) has “Buy” rating given on Tuesday, May 30 by Jefferies. The stock of The Boeing Company (NYSE:BA) has “Buy” rating given on Wednesday, July 5 by Jefferies. The stock has “Outperform” rating by Credit Suisse on Thursday, July 27. The company was maintained on Thursday, February 1 by Bank of America. J.P. Morgan upgraded the shares of BA in report on Friday, July 14 to “Buy” rating. The firm earned “Sector Perform” rating on Thursday, September 3 by RBC Capital Markets. The stock of The Boeing Company (NYSE:BA) has “Hold” rating given on Tuesday, December 12 by Wells Fargo. RBC Capital Markets maintained The Boeing Company (NYSE:BA) rating on Thursday, April 28. RBC Capital Markets has “Sector Perform” rating and $132 target.

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