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xG Technology, Inc. (XGTI) Reaches $1.32 52 Week Low; I-G Investment Management LTD Has Decreased Boeing Co (BA) Position By $12.25 Million

I-G Investment Management Ltd decreased Boeing Co (BA) stake by 34.19% reported in 2017Q3 SEC filing. I-G Investment Management Ltd sold 48,210 shares as Boeing Co (BA)’s stock rose 4.66%. The I-G Investment Management Ltd holds 92,816 shares with $23.60 million value, down from 141,026 last quarter. Boeing Co now has $192.00B valuation. The stock decreased 2.21% or $7.29 during the last trading session, reaching $322.37. About 4.59M shares traded or 0.46% up from the average. The Boeing Company (NYSE:BA) has risen 41.13% since February 9, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.

The stock of xG Technology, Inc. (NASDAQ:XGTI) hit a new 52-week low and has $1.23 target or 7.00% below today’s $1.32 share price. The 7 months bearish chart indicates high risk for the $19.45 million company. The 1-year low was reported on Feb, 9 by Barchart.com. If the $1.23 price target is reached, the company will be worth $1.36M less. The stock decreased 2.65% or $0.0361 during the last trading session, reaching $1.3239. About 176,248 shares traded. xG Technology, Inc. (NASDAQ:XGTI) has declined 87.04% since February 9, 2017 and is downtrending. It has underperformed by 103.74% the S&P500.

Investors sentiment decreased to 0.81 in Q3 2017. Its down 0.05, from 0.86 in 2017Q2. It dived, 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. 10,358 are owned by Edgestream Prtn Ltd Partnership. Brown Advisory invested in 0.03% or 36,080 shares. Bluemountain Cap Management Ltd Liability invested in 0.31% or 58,755 shares. Gofen & Glossberg Limited Liability Com Il holds 227,607 shares or 2.15% of its portfolio. Halbert Hargrove Russell Ltd Llc, California-based fund reported 800 shares. Lumbard And Kellner Ltd Liability Corp reported 21,749 shares. Iat Reinsurance Com Limited owns 27,400 shares or 1.07% of their US portfolio. Fund Mngmt has 0.3% invested in The Boeing Company (NYSE:BA). Pictet Cie (Europe) Sa stated it has 0.27% in The Boeing Company (NYSE:BA). Thompson Siegel And Walmsley Ltd Com accumulated 2,168 shares. 44,680 are held by Fishman Jay A Limited Mi. 97,345 are owned by Riverhead Cap Mgmt Limited Liability. Gamble Jones Investment Counsel has 15,630 shares for 0.41% of their portfolio. Lafleur Godfrey Limited Liability Com owns 2.56% invested in The Boeing Company (NYSE:BA) for 38,512 shares. Chesley Taft And Associate Ltd stated it has 0.06% of its portfolio in The Boeing Company (NYSE:BA).

Among 24 analysts covering Boeing (NYSE:BA), 16 have Buy rating, 1 Sell and 7 Hold. Therefore 67% are positive. Boeing had 102 analyst reports since August 26, 2015 according to SRatingsIntel. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, October 24. The firm earned “Hold” rating on Friday, October 6 by RBC Capital Markets. The stock has “Hold” rating by RBC Capital Markets on Friday, September 1. The company was maintained on Monday, January 29 by Berenberg. Bernstein maintained The Boeing Company (NYSE:BA) rating on Monday, October 30. Bernstein has “Outperform” rating and $310 target. The company was upgraded on Friday, July 14 by JP Morgan. On Thursday, October 6 the stock rating was maintained by Barclays Capital with “Overweight”. On Friday, April 28 the stock rating was maintained by Credit Suisse with “Hold”. The company was upgraded on Thursday, February 18 by Buckingham Research. The stock of The Boeing Company (NYSE:BA) has “Buy” rating given on Monday, September 19 by Citigroup.

I-G Investment Management Ltd increased Alphabet Inc stake by 6,835 shares to 25,407 valued at $24.37M in 2017Q3. It also upped Simon Ppty Group Inc New (NYSE:SPG) stake by 23,298 shares and now owns 103,396 shares. United Technologies Corp (NYSE:UTX) was raised too.

xG Technology, Inc. designs, develops, and delivers advanced wireless communications solutions worldwide. The company has market cap of $19.45 million. It offers electronic news gathering, wireless camera, portable microwave, and fixed point to point systems for the broadcasting market; wireless camera systems and mobile radios for the sports and entertainment market; and wireless video solutions, including manned and unmanned aerial and ground systems, mobile and handheld receive systems, and transmitters for the government/surveillance market. It currently has negative earnings. The firm also provides microwave radio components, and satellite communication and associated amplifier products.

Among 3 analysts covering xG Technology (NASDAQ:XGTI), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. xG Technology had 4 analyst reports since January 31, 2017 according to SRatingsIntel. As per Friday, July 14, the company rating was maintained by Roth Capital. Maxim Group maintained xG Technology, Inc. (NASDAQ:XGTI) rating on Tuesday, August 22. Maxim Group has “Buy” rating and $4.0 target. The rating was upgraded by TH Capital to “Buy” on Tuesday, January 31.

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