Butensky & Cohen Financial Security Trimmed Boeing Co Com (BA) Holding by $525,162; Primo Wtr (PRMW) Market Valuation Rose While Trellus Management Company Upped Its Stake

August 12, 2018 - By Mary Kidd

Primo Water Corporation (NASDAQ:PRMW) Logo

Butensky & Cohen Financial Security Inc decreased its stake in Boeing Co Com (BA) by 23.1% based on its latest 2018Q1 regulatory filing with the SEC. Butensky & Cohen Financial Security Inc sold 1,606 shares as the company’s stock declined 0.93% with the market. The institutional investor held 5,345 shares of the aerospace company at the end of 2018Q1, valued at $1.75M, down from 6,951 at the end of the previous reported quarter. Butensky & Cohen Financial Security Inc who had been investing in Boeing Co Com for a number of months, seems to be less bullish one the $194.99 billion market cap company. The stock decreased 1.25% or $4.31 during the last trading session, reaching $339.41. About 2.75M shares traded. The Boeing Company (NYSE:BA) has risen 92.49% since August 12, 2017 and is uptrending. It has outperformed by 79.92% the S&P500. Some Historical BA News: 14/03/2018 – Thousands of Boeing B777 and B747 Expendables at Jet Midwest, Inc; 25/04/2018 – BOEING CEO SAYS PLEASED WITH PROGRESS CO IS MAKING ON 787 PRODUCTION LIKE; 13/04/2018 – Boeing Says Aware of Rolls-Royce Latest Trent 1000 Inspection Disclosure; 31/05/2018 – BOEING: CUSTOMER INTEREST IN NEW MIDRANGE JET `FIRMING UP’; 20/03/2018 – BOEING TO ESTABLISH NEW TECHNOLOGY RESEARCH CENTER IN KOREA; 28/03/2018 – BOEING SAYS DELIVERS FIRST 737 MAX FOR SCAT AIRLINES; 08/03/2018 – Channel NewsAsia: Exclusive: Boeing says Embraer-size deals compatible with cash strategy; 28/03/2018 – BOEING IS SAID TO BE HIT BY WANNACRY RANSOMWARE: SEATTLE TIMES; 07/03/2018 – Rolls-Royce Sees Troubled Boeing 787 Engines Fixed by 2022; 05/03/2018 – BOEING – WILL FILE LEGAL CHALLENGE RELATED TO IAM PETITION, NLRB WILL DETERMINE IF PETITION WILL PROCEED AS FILED

Trellus Management Company Llc increased its stake in Primo Wtr Corp (PRMW) by 133.33% based on its latest 2018Q1 regulatory filing with the SEC. Trellus Management Company Llc bought 40,000 shares as the company’s stock rose 26.58% while stock markets declined. The hedge fund held 70,000 shares of the food distributors company at the end of 2018Q1, valued at $820,000, up from 30,000 at the end of the previous reported quarter. Trellus Management Company Llc who had been investing in Primo Wtr Corp for a number of months, seems to be bullish on the $734.28 million market cap company. The stock increased 0.98% or $0.19 during the last trading session, reaching $19.51. About 306,271 shares traded. Primo Water Corporation (NASDAQ:PRMW) has risen 29.05% since August 12, 2017 and is uptrending. It has outperformed by 16.48% the S&P500. Some Historical PRMW News: 06/03/2018 – PRIMO WATER CORP – QTRLY 2018 ADJUSTED EBITDA $61.0 MLN TO $63.0 MLN; 06/03/2018 – RPT-PRIMO WATER CORP – QTRLY U.S. EXCHANGE SAME-STORE SALES UNIT GROWTH OF 6.1%; 14/05/2018 – PRIMO WATER CORP – UPON COMPLETION OF OFFERING, COMPANY INTENDS TO REFINANCE ITS REMAINING OUTSTANDING SENIOR INDEBTEDNESS; 08/05/2018 – Primo Water 1Q EPS 4c; 16/04/2018 – Primo Water Closes Above 200-Day Moving Average: Technicals; 06/03/2018 – PRIMO WATER CORP PRMW.O SEES FY 2018 SALES $298 MLN TO $302 MLN; 04/05/2018 – Legion Partners Asset Management, LLC, Affiliates Report Stake In Primo Water; 22/05/2018 – Primo Water Announces Closing of Follow-On Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shrs; 30/04/2018 – Primo Water Rises for 8 Days: Longest Streak Since IPO; 06/03/2018 – PRIMO WATER CORP – QTRLY U.S. EXCHANGE SAME-STORE SALES UNIT GROWTH OF 6.1%

Since May 3, 2018, it had 0 buys, and 5 insider sales for $6.66 million activity. Verbeck Robert E had sold 2,840 shares worth $948,261 on Friday, May 4. $762,543 worth of The Boeing Company (NYSE:BA) was sold by Hyslop Gregory L on Monday, May 7. 4,500 shares were sold by Sands Diana L, worth $1.48 million on Friday, May 4. CAPOZZI HEIDI B sold $373,379 worth of stock or 1,132 shares.

More notable recent The Boeing Company (NYSE:BA) news were published by: Seekingalpha.com which released: “Emergency For Boeing” on August 06, 2018, also Seekingalpha.com with their article: “More from Day One at Farnborough” published on July 16, 2018, 247Wallst.com published: “What to Expect From Boeing Earnings” on July 24, 2018. More interesting news about The Boeing Company (NYSE:BA) were released by: Seekingalpha.com and their article: “United Airlines announces aircraft orders” published on July 16, 2018 as well as Seekingalpha.com‘s news article titled: “Order battle kicks off at Farnborough” with publication date: July 16, 2018.

Analysts await The Boeing Company (NYSE:BA) to report earnings on October, 24. They expect $3.72 EPS, up 36.76% or $1.00 from last year’s $2.72 per share. BA’s profit will be $2.14B for 22.81 P/E if the $3.72 EPS becomes a reality. After $3.33 actual EPS reported by The Boeing Company for the previous quarter, Wall Street now forecasts 11.71% EPS growth.

Investors sentiment decreased to 0.66 in 2018 Q1. Its down 0.13, from 0.79 in 2017Q4. It worsened, 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. Barometer Mngmt Incorporated reported 45,116 shares stake. Ashfield Capital Prtnrs Lc has 12,424 shares for 0.53% of their portfolio. First Fincl In has 0.58% invested in The Boeing Company (NYSE:BA). Alkeon Capital Management Ltd owns 612,500 shares. West Coast Financial Lc reported 24,310 shares stake. Dixon Hubard Feinour & Brown Va holds 0.17% or 1,863 shares in its portfolio. Provise Mgmt Group Inc Ltd reported 0.29% of its portfolio in The Boeing Company (NYSE:BA). Alyeska Grp Incorporated Limited Partnership invested in 0.51% or 170,184 shares. Louisiana State Employees Retirement System invested in 33,800 shares. Moreover, Old National Bancorporation In has 0.21% invested in The Boeing Company (NYSE:BA) for 12,084 shares. Pennsylvania holds 8,619 shares. Alta Mngmt Limited Company reported 1,734 shares stake. Eagle Ridge Invest Management invested 0.15% in The Boeing Company (NYSE:BA). Old West Invest Ltd Com, California-based fund reported 1,289 shares. Artemis Inv Mgmt Llp has invested 0.89% in The Boeing Company (NYSE:BA).

Among 27 analysts covering Boeing (NYSE:BA), 19 have Buy rating, 1 Sell and 7 Hold. Therefore 70% are positive. Boeing had 121 analyst reports since August 26, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of BA in report on Thursday, September 3 with “Sector Perform” rating. The stock of The Boeing Company (NYSE:BA) has “Hold” rating given on Monday, November 2 by Standpoint Research. On Monday, February 5 the stock rating was maintained by Berenberg with “Buy”. The company was maintained on Friday, February 23 by Morgan Stanley. The stock of The Boeing Company (NYSE:BA) earned “Buy” rating by Jefferies on Monday, August 28. The rating was maintained by Cowen & Co with “Buy” on Wednesday, September 6. Wells Fargo maintained the stock with “Hold” rating in Thursday, April 26 report. Cowen & Co maintained the stock with “Buy” rating in Tuesday, June 13 report. On Friday, July 7 the stock rating was maintained by Canaccord Genuity with “Hold”. Berenberg maintained The Boeing Company (NYSE:BA) on Monday, January 29 with “Buy” rating.

Since March 9, 2018, it had 3 insider buys, and 3 sales for $281,162 activity. Mills David J also sold $260,589 worth of Primo Water Corporation (NASDAQ:PRMW) shares. On Friday, March 9 Sheehan Matthew bought $1,020 worth of Primo Water Corporation (NASDAQ:PRMW) or 85 shares. Hass David W. had bought 1,000 shares worth $11,965. Kilgore Jack C. bought 1,120 shares worth $13,440.

Investors sentiment decreased to 1 in Q1 2018. Its down 0.65, from 1.65 in 2017Q4. It dropped, as 8 investors sold PRMW shares while 30 reduced holdings. 8 funds opened positions while 30 raised stakes. 18.99 million shares or 1.75% less from 19.33 million shares in 2017Q4 were reported. Goldman Sachs Grp holds 26,217 shares or 0% of its portfolio. Tiaa Cref Management Ltd Com, a New York-based fund reported 65,684 shares. Next Century Growth Investors Ltd Llc invested 0.48% of its portfolio in Primo Water Corporation (NASDAQ:PRMW). Portolan Cap Management Lc holds 1.84% or 1.44M shares in its portfolio. Redmond Asset Limited Co has 0.27% invested in Primo Water Corporation (NASDAQ:PRMW) for 49,413 shares. Geode Capital Mgmt Ltd Liability Co reported 231,512 shares. 19,853 are held by Manufacturers Life Insurance Com The. Legal General Grp Inc Public Ltd has invested 0% in Primo Water Corporation (NASDAQ:PRMW). Moreover, Manatuck Hill Ptnrs Limited Liability Co has 7.47% invested in Primo Water Corporation (NASDAQ:PRMW) for 1.21M shares. 13,306 were accumulated by Us Bank & Trust De. Price T Rowe Assoc Md owns 28,630 shares or 0% of their US portfolio. Walleye Trading Limited Company holds 0.02% of its portfolio in Primo Water Corporation (NASDAQ:PRMW) for 284,658 shares. 40,000 are held by Westwood Management Il. Commercial Bank Of Montreal Can has 0% invested in Primo Water Corporation (NASDAQ:PRMW) for 192 shares. Dimensional Fund Advsrs LP invested in 793,187 shares or 0% of the stock.

More recent Primo Water Corporation (NASDAQ:PRMW) news were published by: Globenewswire.com which released: “Primo Water Makes Big Environmental Splash in Pan-Mass Challenge” on July 27, 2018. Also Globenewswire.com published the news titled: “Primo Water Announces Second Quarter 2018 Financial Results” on August 07, 2018. Nasdaq.com‘s news article titled: “Primo Water to Announce Results for the Second Quarter Ended June 30, 2018” with publication date: July 17, 2018 was also an interesting one.

Among 7 analysts covering Primo Water (NASDAQ:PRMW), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Primo Water had 15 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Primo Water Corporation (NASDAQ:PRMW) has “Market Perform” rating given on Friday, October 30 by Barrington Research. Zacks upgraded Primo Water Corporation (NASDAQ:PRMW) rating on Wednesday, August 5. Zacks has “Hold” rating and $7.25 target. The firm earned “Buy” rating on Tuesday, October 3 by Northland Capital. As per Tuesday, October 11, the company rating was maintained by Barrington Research. The rating was maintained by BMO Capital Markets with “Market Perform” on Thursday, May 24. The firm earned “Buy” rating on Monday, August 7 by Northland Capital. The rating was maintained by BMO Capital Markets with “Market Perform” on Wednesday, August 8. On Tuesday, June 26 the stock rating was maintained by FBR Capital with “Buy”. As per Thursday, May 24, the company rating was initiated by William Blair. The stock has “Buy” rating by FBR Capital on Monday, March 5.

Primo Water Corporation (NASDAQ:PRMW) Institutional Positions Chart

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