Mission Creek Capital Partners Inc. Acquires 2,757 Shares of The Boeing Company (NYSE:BA)

Mission Creek Capital Partners Inc. increased its position in shares of The Boeing Company (NYSE:BA - Free Report) by 168.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,396 shares of the aircraft producer's stock after purchasing an additional 2,757 shares during the period. Mission Creek Capital Partners Inc.'s holdings in Boeing were worth $778,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Keynote Financial Services LLC increased 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. increased its holdings in shares of 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 during the period. Farmers & Merchants Investments Inc. increased its holdings in shares of Boeing by 0.6% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 10,608 shares of the aircraft producer's stock worth $1,878,000 after purchasing an additional 59 shares during the period. Center for Financial Planning Inc. increased its holdings in shares of Boeing by 12.0% during the 4th quarter. Center for Financial Planning Inc. now owns 562 shares of the aircraft producer's stock worth $99,000 after purchasing an additional 60 shares during the period. Finally, Trek Financial LLC increased its holdings in shares of Boeing by 2.7% during the 4th quarter. Trek Financial LLC now owns 2,307 shares of the aircraft producer's stock worth $408,000 after purchasing an additional 60 shares during the period. Institutional investors and hedge funds own 64.82% of the company's stock.

Boeing Price Performance

Shares of NYSE BA traded down $0.29 during midday trading on Tuesday, hitting $182.01. The stock had a trading volume of 6,780,956 shares, compared to its average volume of 9,056,299. The Boeing Company has a fifty-two week low of $128.88 and a fifty-two week high of $196.95. The firm has a market cap of $137.24 billion, a P/E ratio of -9.94 and a beta of 1.24. The company's 50-day simple moving average is $164.80 and its 200 day simple moving average is $165.04.

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 (EPS) for the quarter, topping 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. During the same quarter in the prior year, the business earned ($1.13) earnings per share. The firm's revenue for the quarter was up 17.7% on a year-over-year basis. Equities analysts expect that The Boeing Company will post -2.58 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BA has been the topic of several research reports. Morgan Stanley boosted their price objective on shares of Boeing from $175.00 to $185.00 and gave the stock an "equal weight" rating in a report on Thursday, April 24th. Melius Research set a $204.00 target price on Boeing in a report on Monday, March 24th. Susquehanna increased their target price on Boeing from $200.00 to $205.00 and gave the stock a "positive" rating in a report on Wednesday, January 29th. Benchmark dropped their target price on Boeing from $250.00 to $215.00 and set a "buy" rating for the company in a report on Monday, April 21st. Finally, Barclays raised Boeing from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $190.00 to $210.00 in a report on Monday, January 6th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $200.90.

Insider Transactions at Boeing

In other Boeing news, EVP Uma M. Amuluru sold 3,159 shares of Boeing stock in a transaction dated Thursday, February 20th. The stock was 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.09% of the stock is owned by corporate insiders.

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.