Ledyard National Bank Has Trimmed American Tower (AMT) Stake; Cambridge Financial Group Decreased Its Boeing Co (BA) Position

February 21, 2018 - By Jerrie Dane

Ledyard National Bank decreased American Tower Corp (AMT) stake by 60.13% reported in 2017Q3 SEC filing. Ledyard National Bank sold 32,161 shares as American Tower Corp (AMT)’s stock rose 18.69%. The Ledyard National Bank holds 21,321 shares with $2.91 million value, down from 53,482 last quarter. American Tower Corp now has $59.71 billion valuation. The stock decreased 0.56% or $0.78 during the last trading session, reaching $139.24. About 2.22 million shares traded. American Tower Corporation (NYSE:AMT) has risen 23.66% since February 21, 2017 and is uptrending. It has outperformed by 6.96% the S&P500.

Cambridge Financial Group Inc decreased Boeing Co (BA) stake by 1.55% reported in 2017Q3 SEC filing. Cambridge Financial Group Inc sold 483 shares as Boeing Co (BA)’s stock rose 4.66%. The Cambridge Financial Group Inc holds 30,693 shares with $7.80 billion value, down from 31,176 last quarter. Boeing Co now has $207.94B valuation. The stock decreased 0.48% or $1.69 during the last trading session, reaching $353.35. About 4.30M shares traded. The Boeing Company (NYSE:BA) has risen 41.13% since February 21, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.

Investors sentiment increased to 1.2 in Q3 2017. Its up 0.04, from 1.16 in 2017Q2. It is positive, as 36 investors sold AMT shares while 287 reduced holdings. 102 funds opened positions while 287 raised stakes. 378.31 million shares or 1.55% less from 384.25 million shares in 2017Q2 were reported. Condor Mgmt has 0.42% invested in American Tower Corporation (NYSE:REIT). Janney Montgomery Scott Limited Liability Corporation accumulated 48,607 shares. Altfest L J Inc owns 8,984 shares for 0.6% of their portfolio. Lazard Asset Mgmt Ltd Liability Corporation reported 162,063 shares. Commonwealth Of Pennsylvania School Empls Retrmt invested in 34,904 shares. Dorsey And Whitney Tru Com Ltd Com owns 2,718 shares. Illinois-based Guggenheim Capital Ltd Liability Corp has invested 0.16% in American Tower Corporation (NYSE:REIT). The North Carolina-based Bb&T has invested 0.1% in American Tower Corporation (NYSE:REIT). First Tru Communications owns 2,931 shares for 0.05% of their portfolio. Parametric Ltd Llc stated it has 0.15% in American Tower Corporation (NYSE:REIT). Thrivent Fincl For Lutherans reported 105,217 shares stake. Front Barnett Assoc Ltd Liability Corporation, a Illinois-based fund reported 27,623 shares. The Alabama-based Wealthtrust has invested 0.03% in American Tower Corporation (NYSE:REIT). Private Tru Com Na invested 0.3% of its portfolio in American Tower Corporation (NYSE:REIT). Meiji Yasuda Life Co accumulated 4,810 shares.

Ledyard National Bank increased Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) stake by 2,135 shares to 27,396 valued at $4.15M in 2017Q3. It also upped Novartis Ag Adr (NYSE:NVS) stake by 53,275 shares and now owns 56,703 shares. Flexshares Quality Dvd Etf (QDF) was raised too.

Since August 24, 2017, it had 0 buys, and 7 insider sales for $18.32 million activity. $4.74 million worth of American Tower Corporation (NYSE:REIT) shares were sold by TAICLET JAMES D JR. 10,000 shares valued at $1.38 million were sold by DiSanto Edmund on Friday, September 22. REEVE PAMELA D A sold $717,450 worth of American Tower Corporation (NYSE:REIT) on Thursday, August 24. 1,584 American Tower Corporation (NYSE:REIT) shares with value of $228,793 were sold by SHARBUTT DAVID E. THOMPSON SAMME L sold $715,800 worth of stock.

Among 19 analysts covering American Tower Corporation (NYSE:AMT), 18 have Buy rating, 0 Sell and 1 Hold. Therefore 95% are positive. American Tower Corporation has $177.0 highest and $100 lowest target. $150.53’s average target is 8.11% above currents $139.24 stock price. American Tower Corporation had 68 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Thursday, August 24 by Morgan Stanley. The stock of American Tower Corporation (NYSE:REIT) earned “Buy” rating by Oppenheimer on Wednesday, December 20. On Tuesday, August 8 the stock rating was maintained by Oppenheimer with “Buy”. The rating was maintained by Macquarie Research on Monday, November 9 with “Outperform”. RBC Capital Markets maintained American Tower Corporation (NYSE:REIT) rating on Thursday, July 30. RBC Capital Markets has “Outperform” rating and $122 target. The rating was downgraded by Zacks to “Buy” on Monday, August 24. The stock has “Buy” rating by Guggenheim on Tuesday, April 11. Jefferies maintained the stock with “Buy” rating in Wednesday, November 1 report. On Tuesday, April 19 the stock rating was downgraded by Evercore to “Hold”. RBC Capital Markets maintained the shares of AMT in report on Friday, July 28 with “Buy” rating.

Investors sentiment decreased to 0.81 in 2017 Q3. Its down 0.05, from 0.86 in 2017Q2. It worsened, 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. Levy Harkins has invested 10.55% in The Boeing Company (NYSE:BA). 164,190 were reported by Capital Fund Mngmt Sa. First Midwest Natl Bank Tru Division accumulated 23,060 shares. Wedge L Lp Nc reported 216,104 shares. Portland Glob Advisors Ltd Liability Co has 0.15% invested in The Boeing Company (NYSE:BA). 2.12M are held by Swiss Fincl Bank. Chesley Taft Assoc Ltd Limited Liability Company invested in 0.06% or 2,566 shares. Exane Derivatives accumulated 295 shares or 0.01% of the stock. Seaward Lp holds 13,099 shares. Cypress Ltd Com (Wy) holds 0.54% or 1,800 shares in its portfolio. Lyons Wealth Mngmt Limited Liability Corporation stated it has 1.76% in The Boeing Company (NYSE:BA). Burney has 34,699 shares. The Arizona-based Ironwood Invest Counsel Limited Company has invested 0.13% in The Boeing Company (NYSE:BA). Zevenbergen Cap Investments Limited Liability invested in 0.04% or 4,010 shares. Axa, France-based fund reported 402,519 shares.

Cambridge Financial Group Inc increased Walgreens Boots Alliance Inc stake by 2,113 shares to 67,108 valued at $5.18B in 2017Q3. It also upped Apple (NASDAQ:AAPL) stake by 515 shares and now owns 38,962 shares. Bank Of America Corp (NYSE:BAC) was raised too.

Analysts await The Boeing Company (NYSE:BA) to report earnings on April, 25. They expect $2.73 earnings per share, up 35.82% or $0.72 from last year’s $2.01 per share. BA’s profit will be $1.61B for 32.36 P/E if the $2.73 EPS becomes a reality. After $4.80 actual earnings per share reported by The Boeing Company for the previous quarter, Wall Street now forecasts -43.13% negative EPS growth.

Since February 8, 2018, it had 0 buys, and 1 sale for $12.17 million activity. Another trade for 36,079 shares valued at $12.17 million was made by Smith Gregory D on Thursday, February 8.

Among 25 analysts covering Boeing (NYSE:BA), 17 have Buy rating, 1 Sell and 7 Hold. Therefore 68% are positive. Boeing has $470.0 highest and $125 lowest target. $331.18’s average target is -6.27% below currents $353.35 stock price. Boeing had 103 analyst reports since August 26, 2015 according to SRatingsIntel. The stock of The Boeing Company (NYSE:BA) has “Hold” rating given on Friday, April 28 by Canaccord Genuity. As per Thursday, October 6, the company rating was maintained by Barclays Capital. On Monday, July 24 the stock rating was maintained by Cowen & Co with “Buy”. The firm earned “Hold” rating on Thursday, July 27 by Goldman Sachs. As per Friday, July 7, the company rating was maintained by Canaccord Genuity. Seaport Global maintained The Boeing Company (NYSE:BA) on Wednesday, January 3 with “Buy” rating. As per Friday, October 6, the company rating was maintained by RBC Capital Markets. Canaccord Genuity maintained The Boeing Company (NYSE:BA) on Monday, January 8 with “Hold” rating. The stock has “Hold” rating by RBC Capital Markets on Wednesday, November 15. The stock has “Hold” rating by Canaccord Genuity on Wednesday, July 26.