Dimensional Fund Advisors LP Purchases 39,661 Shares of The Boeing Company (NYSE:BA)

Dimensional Fund Advisors LP boosted its position in shares of The Boeing Company (NYSE:BA - Free Report) by 3.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,275,394 shares of the aircraft producer's stock after buying an additional 39,661 shares during the period. Dimensional Fund Advisors LP owned approximately 0.17% of Boeing worth $225,745,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Keynote Financial Services LLC raised its stake in Boeing by 3.8% during the fourth quarter. Keynote Financial Services LLC now owns 1,542 shares of the aircraft producer's stock worth $273,000 after acquiring an additional 57 shares in the last quarter. Chaney Capital Management Inc. increased its position in Boeing by 2.1% during the 4th quarter. Chaney Capital Management Inc. now owns 2,870 shares of the aircraft producer's stock worth $508,000 after purchasing an additional 58 shares in the last quarter. Farmers & Merchants Investments Inc. lifted its stake in Boeing by 0.6% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 10,608 shares of the aircraft producer's stock valued at $1,878,000 after purchasing an additional 59 shares during the last quarter. Center for Financial Planning Inc. boosted its position in Boeing by 12.0% in the fourth quarter. Center for Financial Planning Inc. now owns 562 shares of the aircraft producer's stock valued at $99,000 after buying an additional 60 shares in the last quarter. Finally, Trek Financial LLC grew its stake in shares of Boeing by 2.7% during the fourth quarter. Trek Financial LLC now owns 2,307 shares of the aircraft producer's stock worth $408,000 after buying an additional 60 shares during the last quarter. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Uma M. Amuluru sold 3,159 shares of Boeing stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $180.69, for a total transaction of $570,799.71. Following the completion of the transaction, the executive vice president now directly owns 19,213 shares in the company, valued at $3,471,596.97. This trade represents a 14.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.09% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on BA. Morgan Stanley raised their price objective on Boeing from $175.00 to $185.00 and gave the company an "equal weight" rating in a report on Thursday. StockNews.com raised Boeing to a "sell" rating in a research note on Thursday. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $200.00 price objective on shares of Boeing in a research note on Wednesday. Melius upgraded shares of Boeing from a "hold" rating to a "buy" rating in a research report on Monday, March 24th. Finally, UBS Group upped their price target on shares of Boeing from $190.00 to $207.00 and gave the company a "buy" rating in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $198.45.

Boeing Price Performance

Shares of NYSE:BA traded up $1.66 during mid-day trading on Friday, hitting $177.92. The company had a trading volume of 7,635,951 shares, compared to its average volume of 9,065,728. The Boeing Company has a one year low of $128.88 and a one year high of $196.95. The firm has a fifty day moving average price of $165.01 and a 200 day moving average price of $164.43. The company has a market capitalization of $133.46 billion, a PE ratio of -9.71 and a beta of 1.24.

Boeing (NYSE:BA - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share for the quarter, beating the consensus estimate of ($1.39) by $0.90. The company had revenue of $19.50 billion during the quarter, compared to the consensus estimate of $19.57 billion. Research analysts expect that The Boeing Company will post -2.58 earnings per share for the current fiscal year.

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.