3,841 Shares in The Boeing Company (NYSE:BA) Bought by Walden Wealth Partners LLC

Walden Wealth Partners LLC purchased a new stake in The Boeing Company (NYSE:BA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,841 shares of the aircraft producer’s stock, valued at approximately $1,001,000. Boeing accounts for about 0.6% of Walden Wealth Partners LLC’s holdings, making the stock its 25th biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Trust Co. of Vermont grew its stake in shares of Boeing by 1.0% during the 3rd quarter. Trust Co. of Vermont now owns 4,389 shares of the aircraft producer’s stock worth $841,000 after acquiring an additional 45 shares in the last quarter. Benchmark Financial Wealth Advisors LLC grew its stake in shares of Boeing by 2.7% during the 4th quarter. Benchmark Financial Wealth Advisors LLC now owns 1,785 shares of the aircraft producer’s stock worth $465,000 after acquiring an additional 47 shares in the last quarter. WealthPlan Investment Management LLC grew its stake in shares of Boeing by 1.0% during the 4th quarter. WealthPlan Investment Management LLC now owns 4,716 shares of the aircraft producer’s stock worth $1,229,000 after acquiring an additional 49 shares in the last quarter. RB Capital Management LLC grew its stake in shares of Boeing by 2.7% during the 3rd quarter. RB Capital Management LLC now owns 1,893 shares of the aircraft producer’s stock worth $363,000 after acquiring an additional 50 shares in the last quarter. Finally, M&R Capital Management Inc. grew its stake in shares of Boeing by 35.0% during the 4th quarter. M&R Capital Management Inc. now owns 193 shares of the aircraft producer’s stock worth $50,000 after acquiring an additional 50 shares in the last quarter. Institutional investors own 64.82% of the company’s stock.

Boeing Stock Up 0.6 %

Shares of BA traded up $1.12 during midday trading on Monday, reaching $178.39. 4,786,277 shares of the stock were exchanged, compared to its average volume of 8,664,084. The Boeing Company has a twelve month low of $159.70 and a twelve month high of $267.54. The stock’s 50 day simple moving average is $177.44 and its 200 day simple moving average is $202.43.

Boeing (NYSE:BA) last posted its quarterly earnings data on Wednesday, April 24th. The aircraft producer reported ($1.13) EPS for the quarter, topping analysts’ consensus estimates 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. On average, equities analysts expect that The Boeing Company will post -1.48 EPS for the current year.

Wall Street Analysts Forecast Growth

BA has been the subject of several recent analyst reports. Stifel Nicolaus reissued a “buy” rating and issued a $240.00 price objective on shares of Boeing in a report on Wednesday, May 15th. Barclays cut their price objective on Boeing from $235.00 to $190.00 and set an “equal weight” rating for the company in a report on Monday, April 22nd. Baird R W raised Boeing to a “strong-buy” rating in a report on Monday, June 3rd. Sanford C. Bernstein cut their price objective on Boeing from $230.00 to $215.00 and set an “outperform” rating for the company in a report on Monday, June 3rd. Finally, Morgan Stanley cut their price objective on Boeing from $235.00 to $180.00 and set an “equal weight” rating for the company in a report on Wednesday, April 10th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $220.89.

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.