The Boeing Company (NYSE:BA) Shares Bought by Annis Gardner Whiting Capital Advisors LLC

Annis Gardner Whiting Capital Advisors LLC raised its position in The Boeing Company (NYSE:BA) by 18.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 433 shares of the aircraft producer’s stock after acquiring an additional 68 shares during the period. Annis Gardner Whiting Capital Advisors LLC’s holdings in Boeing were worth $113,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Boeing by 0.8% in the third quarter. Vanguard Group Inc. now owns 47,609,508 shares of the aircraft producer’s stock valued at $9,125,790,000 after acquiring an additional 356,496 shares in the last quarter. Morgan Stanley lifted its stake in shares of Boeing by 1.1% during the third quarter. Morgan Stanley now owns 8,362,267 shares of the aircraft producer’s stock worth $1,602,880,000 after buying an additional 91,801 shares during the period. Northern Trust Corp lifted its stake in shares of Boeing by 3.2% during the third quarter. Northern Trust Corp now owns 4,951,181 shares of the aircraft producer’s stock worth $949,042,000 after buying an additional 153,168 shares during the period. Jennison Associates LLC acquired a new stake in shares of Boeing during the fourth quarter worth $960,397,000. Finally, Invesco Ltd. lifted its stake in shares of Boeing by 30.1% during the third quarter. Invesco Ltd. now owns 3,279,421 shares of the aircraft producer’s stock worth $628,599,000 after buying an additional 759,267 shares during the period. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Bank of America lowered their price objective on shares of Boeing from $210.00 to $190.00 and set a “neutral” rating for the company in a research note on Thursday, April 11th. Morgan Stanley reduced their target price on shares of Boeing from $235.00 to $180.00 and set an “equal weight” rating for the company in a report on Wednesday, April 10th. Royal Bank of Canada reduced their target price on shares of Boeing from $225.00 to $215.00 and set an “outperform” rating for the company in a report on Tuesday, April 16th. Argus cut shares of Boeing from a “buy” rating to a “hold” rating in a report on Tuesday, April 30th. Finally, StockNews.com cut shares of Boeing from a “hold” rating to a “sell” rating in a report on Friday, April 26th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $221.24.

Boeing Trading Down 6.2 %

Shares of Boeing stock traded down $11.52 during mid-day trading on Thursday, hitting $174.76. 8,564,188 shares of the stock were exchanged, compared to its average volume of 9,077,311. The Boeing Company has a twelve month low of $159.70 and a twelve month high of $267.54. The stock has a market capitalization of $107.28 billion, a price-to-earnings ratio of -49.27 and a beta of 1.54. The company has a 50-day simple moving average of $179.36 and a 200 day simple moving average of $205.80.

Boeing (NYSE:BA) last released its earnings results on Wednesday, April 24th. The aircraft producer reported ($1.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.43) by $0.30. The company had revenue of $16.57 billion during the quarter, compared to analyst estimates of $17.69 billion. Equities research analysts forecast that The Boeing Company will post -0.6 earnings per share for the current fiscal year.

Boeing Company Profile

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.