MUFG Securities EMEA plc Has $335,000 Stock Position in The Boeing Company (NYSE:BA)

MUFG Securities EMEA plc lowered its position in shares of The Boeing Company (NYSE:BA) by 81.2% in the fourth quarter, HoldingsChannel reports. The fund owned 1,286 shares of the aircraft producer’s stock after selling 5,555 shares during the period. MUFG Securities EMEA plc’s holdings in Boeing were worth $335,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of BA. DiNuzzo Private Wealth Inc. bought a new position in shares of Boeing in the fourth quarter valued at $28,000. Evolution Advisers Inc. acquired a new stake in Boeing during the 4th quarter valued at $28,000. Naples Money Management LLC acquired a new stake in Boeing during the 4th quarter valued at $44,000. M&R Capital Management Inc. lifted its holdings in Boeing by 35.0% during the 4th quarter. M&R Capital Management Inc. now owns 193 shares of the aircraft producer’s stock valued at $50,000 after purchasing an additional 50 shares during the last quarter. Finally, Keener Financial Planning LLC acquired a new stake in Boeing during the 4th quarter valued at $52,000. Institutional investors and hedge funds own 64.82% of the company’s stock.

Boeing Trading Up 1.3 %

Boeing stock traded up $2.31 during midday trading on Friday, reaching $174.52. The company’s stock had a trading volume of 9,489,380 shares, compared to its average volume of 6,679,203. The Boeing Company has a 52 week low of $159.70 and a 52 week high of $267.54. The business has a 50-day moving average price of $179.01 and a 200-day moving average price of $205.53. The stock has a market cap of $107.13 billion, a PE ratio of -49.16 and a beta of 1.54.

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, beating analysts’ consensus estimates of ($1.43) by $0.30. The business had revenue of $16.57 billion during the quarter, compared to the consensus estimate of $17.69 billion. As a group, research analysts predict that The Boeing Company will post -1.11 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BA has been the subject of several research reports. Melius reaffirmed a “hold” rating on shares of Boeing in a report on Monday, April 1st. TD Cowen cut their price target on Boeing from $275.00 to $230.00 and set an “outperform” rating for the company in a report on Monday, March 25th. Susquehanna reissued a “positive” rating and set a $230.00 target price on shares of Boeing in a report on Wednesday, May 15th. JPMorgan Chase & Co. dropped their target price on Boeing from $230.00 to $210.00 and set an “overweight” rating for the company in a report on Friday, April 12th. Finally, Argus downgraded Boeing from a “buy” rating to a “hold” rating in a report on Tuesday, April 30th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $221.24.

Boeing 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.