Clear Creek Financial Management LLC increased its stake in The Boeing Company (NYSE:BA - Free Report) by 43.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,374 shares of the aircraft producer's stock after purchasing an additional 4,342 shares during the quarter. Clear Creek Financial Management LLC's holdings in Boeing were worth $2,544,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. N.E.W. Advisory Services LLC boosted its stake in Boeing by 13.2% during the 4th quarter. N.E.W. Advisory Services LLC now owns 1,591 shares of the aircraft producer's stock valued at $282,000 after purchasing an additional 185 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of Boeing in the fourth quarter valued at $33,000. New Wave Wealth Advisors LLC bought a new position in Boeing during the fourth quarter valued at about $38,000. Keudell Morrison Wealth Management grew its holdings in Boeing by 5.9% during the fourth quarter. Keudell Morrison Wealth Management now owns 4,013 shares of the aircraft producer's stock worth $710,000 after acquiring an additional 225 shares during the period. Finally, Arcadia Wealth Management LLC bought a new stake in Boeing in the fourth quarter worth about $223,000. Institutional investors own 64.82% of the company's stock.
Boeing Price Performance
BA opened at $176.26 on Friday. The company has a market capitalization of $108.96 billion, a PE ratio of -9.62 and a beta of 1.52. The business has a 50-day moving average of $168.96 and a 200-day moving average of $164.37. The Boeing Company has a fifty-two week low of $137.03 and a fifty-two week high of $214.63.
Boeing (NYSE:BA - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share for the quarter, missing the consensus estimate of ($1.60) by ($4.30). During the same quarter in the previous year, the company earned ($0.47) EPS. On average, equities research analysts expect that The Boeing Company will post -1.61 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
BA has been the subject of several research reports. DZ Bank lowered shares of Boeing from a "buy" rating to a "hold" rating and set a $152.00 price objective for the company. in a research report on Tuesday, October 15th. Morgan Stanley reduced their target price on shares of Boeing from $195.00 to $170.00 and set an "equal weight" rating for the company in a report on Thursday, October 24th. Robert W. Baird dropped their price target on Boeing from $240.00 to $200.00 and set an "outperform" rating on the stock in a report on Thursday, October 24th. TD Cowen reduced their price objective on Boeing from $200.00 to $190.00 and set a "buy" rating for the company in a research note on Monday, October 14th. Finally, Barclays raised Boeing from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $190.00 to $210.00 in a research report on Monday, January 6th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $195.00.
View Our Latest Research Report on BA
About Boeing
(
Free Report)
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.
See Also
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