The Boeing Company (NYSE:BA) Shares Purchased by DCF Advisers LLC

DCF Advisers LLC grew its holdings in The Boeing Company (NYSE:BA - Free Report) by 68.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,000 shares of the aircraft producer's stock after purchasing an additional 2,850 shares during the period. DCF Advisers LLC's holdings in Boeing were worth $1,239,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of BA. Keynote Financial Services LLC grew its holdings in shares of Boeing by 3.8% during the 4th quarter. Keynote Financial Services LLC now owns 1,542 shares of the aircraft producer's stock worth $273,000 after purchasing an additional 57 shares during the period. Chaney Capital Management Inc. lifted its position in Boeing by 2.1% during the fourth quarter. Chaney Capital Management Inc. now owns 2,870 shares of the aircraft producer's stock valued at $508,000 after buying an additional 58 shares in the last quarter. Farmers & Merchants Investments Inc. grew its stake in Boeing by 0.6% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 10,608 shares of the aircraft producer's stock worth $1,878,000 after buying an additional 59 shares during the period. Center for Financial Planning Inc. increased its position in shares of Boeing by 12.0% in the fourth quarter. Center for Financial Planning Inc. now owns 562 shares of the aircraft producer's stock worth $99,000 after acquiring an additional 60 shares in the last quarter. Finally, Transcend Capital Advisors LLC raised its stake in shares of Boeing by 1.3% in the 4th quarter. Transcend Capital Advisors LLC now owns 4,923 shares of the aircraft producer's stock valued at $871,000 after acquiring an additional 61 shares during the period. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

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Boeing Trading Up 1.0 %

Boeing stock traded up $1.81 during mid-day trading on Tuesday, reaching $182.71. The company's stock had a trading volume of 7,157,704 shares, compared to its average volume of 8,663,530. The Boeing Company has a twelve month low of $137.03 and a twelve month high of $196.95. The business has a 50 day moving average price of $173.19 and a 200-day moving average price of $163.72. The firm has a market cap of $137.05 billion, a price-to-earnings ratio of -9.97 and a beta of 1.53.

Boeing (NYSE:BA - Get Free Report) last posted its quarterly earnings results 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 quarter last year, the business earned ($0.47) EPS. On average, equities analysts expect that The Boeing Company will post -2.58 EPS for the current fiscal year.

Insider Buying and Selling at Boeing

In other Boeing news, EVP Uma M. Amuluru sold 3,159 shares of the firm's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $180.69, for a total value of $570,799.71. Following the sale, the executive vice president now directly owns 19,213 shares in the company, valued at approximately $3,471,596.97. This trade represents a 14.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.09% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

BA has been the subject of several recent research reports. Barclays upgraded Boeing from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $190.00 to $210.00 in a report on Monday, January 6th. Deutsche Bank Aktiengesellschaft raised their target price on Boeing from $184.00 to $215.00 and gave the company a "buy" rating in a report on Thursday, January 2nd. Wells Fargo & Company upped their price target on Boeing from $103.00 to $113.00 and gave the stock an "underweight" rating in a report on Monday, March 17th. Citigroup lifted their price objective on shares of Boeing from $207.00 to $210.00 and gave the company a "buy" rating in a research note on Monday, February 10th. Finally, Melius raised shares of Boeing from a "hold" rating to a "buy" rating in a research report on Monday. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $195.68.

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.