Integrity Wealth Advisors Inc. Buys Shares of 6,031 The Boeing Company (NYSE:BA)

Integrity Wealth Advisors Inc. bought a new stake in The Boeing Company (NYSE:BA - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,031 shares of the aircraft producer's stock, valued at approximately $1,067,000. Boeing accounts for about 0.8% of Integrity Wealth Advisors Inc.'s investment portfolio, making the stock its 18th biggest holding.

Other large investors have also added to or reduced their stakes in the company. Sierra Ocean LLC acquired a new position in Boeing in the fourth quarter worth about $26,000. Sugar Maple Asset Management LLC bought a new position in Boeing during the fourth quarter worth $27,000. Fiduciary Advisors Inc. acquired a new position in Boeing in the fourth quarter worth $28,000. HighMark Wealth Management LLC raised its holdings in shares of Boeing by 121.6% during the fourth quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer's stock worth $29,000 after purchasing an additional 90 shares during the period. Finally, Anfield Capital Management LLC lifted its position in shares of Boeing by 113.1% in the 4th quarter. Anfield Capital Management LLC now owns 179 shares of the aircraft producer's stock worth $32,000 after buying an additional 95 shares during the last quarter. 64.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on BA. Wells Fargo & Company decreased their target price on Boeing from $113.00 to $111.00 and set an "underweight" rating for the company in a research note on Tuesday. Deutsche Bank Aktiengesellschaft upped their target price on shares of Boeing from $184.00 to $215.00 and gave the stock a "buy" rating in a research report on Thursday, January 2nd. Melius Research set a $204.00 price objective on Boeing in a report on Monday, March 24th. Susquehanna lifted their target price on Boeing from $200.00 to $205.00 and gave the company a "positive" rating in a research note on Wednesday, January 29th. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $200.00 price target on shares of Boeing in a report on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $198.95.

Insider Activity

In other Boeing news, EVP Uma M. Amuluru sold 3,159 shares of Boeing stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $180.69, for a total transaction of $570,799.71. Following the transaction, the executive vice president now directly owns 19,213 shares in the company, valued at approximately $3,471,596.97. The trade was a 14.12 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.09% of the stock is owned by company insiders.

Boeing Price Performance

Shares of BA traded up $5.37 during trading hours on Friday, hitting $161.84. 9,213,706 shares of the company were exchanged, compared to its average volume of 9,054,624. The firm has a fifty day simple moving average of $166.41 and a 200-day simple moving average of $164.03. The company has a market capitalization of $121.39 billion, a PE ratio of -8.83 and a beta of 1.24. The Boeing Company has a one year low of $128.88 and a one year high of $196.95.

Boeing (NYSE:BA - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.60) by ($4.30). During the same period in the previous year, the business posted ($0.47) earnings per share. Sell-side analysts expect that The Boeing Company will post -2.58 EPS for the current year.

About Boeing

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.