Keyes Stange & Wooten Wealth Management LLC Invests $282,000 in The Boeing Company (NYSE:BA)

Keyes Stange & Wooten Wealth Management LLC acquired a new stake in The Boeing Company (NYSE:BA - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 1,595 shares of the aircraft producer's stock, valued at approximately $282,000.

Other large investors have also bought and sold shares of the company. Next Century Growth Investors LLC lifted its holdings in shares of Boeing by 16.1% in the fourth quarter. Next Century Growth Investors LLC now owns 32,015 shares of the aircraft producer's stock valued at $5,667,000 after purchasing an additional 4,428 shares in the last quarter. NFP Retirement Inc. lifted its stake in Boeing by 24.7% in the 4th quarter. NFP Retirement Inc. now owns 2,203 shares of the aircraft producer's stock valued at $390,000 after acquiring an additional 437 shares in the last quarter. Concorde Asset Management LLC acquired a new stake in shares of Boeing in the fourth quarter valued at approximately $295,000. Quinn Opportunity Partners LLC boosted its holdings in Boeing by 33.7% during the fourth quarter. Quinn Opportunity Partners LLC now owns 60,500 shares of the aircraft producer's stock worth $10,708,000 after purchasing an additional 15,264 shares during the last quarter. Finally, Integrity Financial Corp WA grew its position in Boeing by 26.2% in the fourth quarter. Integrity Financial Corp WA now owns 2,108 shares of the aircraft producer's stock valued at $373,000 after purchasing an additional 438 shares in the last quarter. 64.82% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Uma M. Amuluru sold 3,159 shares of the 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 completion of the sale, the executive vice president now directly owns 19,213 shares in the company, valued at $3,471,596.97. This represents a 14.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.09% of the stock is currently owned by corporate insiders.

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Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on BA shares. Melius upgraded Boeing from a "hold" rating to a "buy" rating in a report on Monday, March 24th. Barclays raised Boeing from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $190.00 to $210.00 in a report on Monday, January 6th. Melius Research set a $204.00 price target on shares of Boeing in a research note on Monday, March 24th. Wells Fargo & Company boosted their price objective on shares of Boeing from $103.00 to $113.00 and gave the stock an "underweight" rating in a research note on Monday, March 17th. Finally, StockNews.com raised Boeing to a "sell" rating in a research report on Saturday, April 5th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $196.10.

Boeing Price Performance

NYSE:BA traded up $2.41 during mid-day trading on Monday, reaching $159.25. The stock had a trading volume of 7,280,367 shares, compared to its average volume of 9,019,320. The Boeing Company has a 12 month low of $128.88 and a 12 month high of $196.95. The stock has a market capitalization of $119.45 billion, a PE ratio of -8.69 and a beta of 1.24. The stock has a 50-day simple moving average of $168.68 and a two-hundred day simple moving average of $164.00.

Boeing (NYSE:BA - Get Free Report) last issued its quarterly earnings results 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 quarter in the prior year, the company posted ($0.47) earnings per share. Equities analysts expect that The Boeing Company will post -2.58 EPS for the current 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.