TD Waterhouse Canada Inc. Has $10.99 Million Holdings in The Boeing Company (NYSE:BA)

TD Waterhouse Canada Inc. lifted its stake in shares of The Boeing Company (NYSE:BA - Free Report) by 35.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 62,096 shares of the aircraft producer's stock after acquiring an additional 16,089 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Boeing were worth $10,990,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. AdvisorNet Financial Inc lifted its holdings in shares of Boeing by 54.2% during the fourth quarter. AdvisorNet Financial Inc now owns 2,021 shares of the aircraft producer's stock worth $358,000 after buying an additional 710 shares during the last quarter. Carnegie Investment Counsel grew its position in Boeing by 175.6% in the 4th quarter. Carnegie Investment Counsel now owns 4,619 shares of the aircraft producer's stock worth $818,000 after purchasing an additional 2,943 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Boeing by 6.1% during the 3rd quarter. Principal Financial Group Inc. now owns 666,244 shares of the aircraft producer's stock worth $101,296,000 after purchasing an additional 38,332 shares during the period. World Investment Advisors LLC raised its position in shares of Boeing by 243.4% during the third quarter. World Investment Advisors LLC now owns 5,381 shares of the aircraft producer's stock valued at $818,000 after buying an additional 3,814 shares during the last quarter. Finally, Amundi lifted its stake in shares of Boeing by 473.6% in the fourth quarter. Amundi now owns 1,565,337 shares of the aircraft producer's stock valued at $268,862,000 after buying an additional 1,292,417 shares during the period. Institutional investors and hedge funds own 64.82% of the company's stock.

Insider Buying and Selling at Boeing

In other news, EVP Uma M. Amuluru sold 3,159 shares of Boeing stock in a transaction 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 of the company's stock, 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 document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.09% of the company's stock.

Boeing Trading Up 0.9 %

Shares of BA traded up $1.66 during trading hours on Friday, hitting $177.92. 7,635,951 shares of the stock traded hands, compared to its average volume of 9,051,989. The business has a fifty day moving average of $164.87 and a 200-day moving average of $164.59. The firm has a market capitalization of $133.46 billion, a PE ratio of -9.71 and a beta of 1.24. The Boeing Company has a 1-year low of $128.88 and a 1-year high of $196.95.

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

Wall Street Analyst Weigh In

BA has been the subject of a number of research reports. Citigroup raised their price objective on Boeing from $210.00 to $220.00 and gave the stock a "buy" rating in a research report on Thursday. Melius raised shares of Boeing from a "hold" rating to a "buy" rating in a report on Monday, March 24th. Morgan Stanley raised 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. Susquehanna increased their price target on shares of Boeing from $200.00 to $205.00 and gave the stock a "positive" rating in a research report on Wednesday, January 29th. Finally, StockNews.com raised Boeing to a "sell" rating in a report on Thursday. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Boeing currently has an average rating of "Moderate Buy" and a consensus price target of $198.45.

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.