The Boeing Company (NYSE:BA) Shares Acquired by 180 Wealth Advisors LLC

180 Wealth Advisors LLC lifted its holdings in shares of The Boeing Company (NYSE:BA) by 6.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,899 shares of the aircraft producer’s stock after acquiring an additional 963 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Boeing were worth $3,068,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Pasadena Private Wealth LLC lifted its holdings in Boeing by 3.2% in the 1st quarter. Pasadena Private Wealth LLC now owns 2,134 shares of the aircraft producer’s stock worth $412,000 after buying an additional 67 shares in the last quarter. Procyon Advisors LLC lifted its holdings in Boeing by 30.9% in the 1st quarter. Procyon Advisors LLC now owns 44,979 shares of the aircraft producer’s stock worth $8,680,000 after buying an additional 10,615 shares in the last quarter. S.A. Mason LLC lifted its holdings in Boeing by 122.2% in the 1st quarter. S.A. Mason LLC now owns 4,545 shares of the aircraft producer’s stock worth $877,000 after buying an additional 2,500 shares in the last quarter. Key Client Fiduciary Advisors LLC lifted its holdings in Boeing by 31.5% in the 1st quarter. Key Client Fiduciary Advisors LLC now owns 1,839 shares of the aircraft producer’s stock worth $355,000 after buying an additional 440 shares in the last quarter. Finally, GoalVest Advisory LLC lifted its holdings in Boeing by 92.9% in the 1st quarter. GoalVest Advisory LLC now owns 434 shares of the aircraft producer’s stock worth $84,000 after buying an additional 209 shares in the last quarter. Institutional investors and hedge funds own 64.82% of the company’s stock.

Analysts Set New Price Targets

BA has been the topic of a number of recent analyst reports. Benchmark restated a “buy” rating and issued a $250.00 target price on shares of Boeing in a research note on Tuesday, March 26th. Royal Bank of Canada cut their target price on shares of Boeing from $225.00 to $215.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 16th. Morgan Stanley cut their target price on shares of Boeing from $235.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 10th. Melius Research restated a “hold” rating on shares of Boeing in a research note on Monday, April 1st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $225.00 price objective on shares of Boeing in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $220.89.

Boeing Stock Up 0.3 %

NYSE BA traded up $0.54 on Friday, hitting $183.05. The stock had a trading volume of 1,529,170 shares, compared to its average volume of 8,521,746. The company’s 50-day moving average is $178.00 and its two-hundred day moving average is $199.34. The stock has a market cap of $112.37 billion, a price-to-earnings ratio of -51.57 and a beta of 1.55. The Boeing Company has a one year low of $159.70 and a one year high of $267.54.

Boeing (NYSE:BA) last issued its quarterly earnings results on Wednesday, April 24th. The aircraft producer reported ($1.13) earnings per share 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, sell-side analysts anticipate that The Boeing Company will post -1.67 earnings per share for the current 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.