The Boeing Company (NYSE:BA) Shares Sold by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC trimmed its position in shares of The Boeing Company (NYSE:BA - Free Report) by 77.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 726 shares of the aircraft producer's stock after selling 2,565 shares during the quarter. Catalyst Capital Advisors LLC's holdings in Boeing were worth $129,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of BA. Vest Financial LLC lifted its position in shares of Boeing by 202.1% during the third quarter. Vest Financial LLC now owns 4,329 shares of the aircraft producer's stock worth $658,000 after purchasing an additional 2,896 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Boeing by 90.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 71,090 shares of the aircraft producer's stock valued at $10,809,000 after buying an additional 33,695 shares in the last quarter. Venture Visionary Partners LLC boosted its position in Boeing by 2.2% in the 3rd quarter. Venture Visionary Partners LLC now owns 11,555 shares of the aircraft producer's stock valued at $1,757,000 after buying an additional 247 shares during the period. Jade Capital Advisors LLC bought a new position in Boeing in the 3rd quarter worth about $4,713,000. Finally, Calton & Associates Inc. purchased a new position in shares of Boeing during the third quarter worth approximately $270,000. Institutional investors own 64.82% of the company's stock.

Wall Street Analysts Forecast Growth

BA has been the subject of a number of research reports. Northcoast Research upgraded Boeing from a "sell" rating to a "neutral" rating in a report on Thursday, December 12th. Susquehanna increased their price target on Boeing from $200.00 to $205.00 and gave the stock a "positive" rating in a research report on Wednesday, January 29th. Wells Fargo & Company lifted their price objective on Boeing from $85.00 to $103.00 and gave the company an "underweight" rating in a report on Wednesday, January 29th. Benchmark reaffirmed a "buy" rating and issued a $250.00 price objective on shares of Boeing in a research note on Thursday, October 24th. Finally, Barclays raised shares of Boeing from an "equal weight" rating to an "overweight" rating and raised their target price for the company from $190.00 to $210.00 in a research report on Monday, January 6th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $195.16.

Boeing Stock Performance

BA stock traded down $3.54 during trading on Friday, reaching $177.34. The company had a trading volume of 8,971,331 shares, compared to its average volume of 7,792,261. The Boeing Company has a twelve month low of $137.03 and a twelve month high of $208.10. The company has a market cap of $133.01 billion, a price-to-earnings ratio of -9.68 and a beta of 1.52. The firm has a 50-day simple moving average of $176.58 and a 200-day simple moving average of $164.32.

Boeing (NYSE:BA - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The aircraft producer reported ($5.90) EPS for the quarter, missing the consensus estimate of ($1.60) by ($4.30). During the same period last year, the business posted ($0.47) EPS. Sell-side analysts expect that The Boeing Company will post -2.32 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.