The Boeing Company (NYSE:BA) Shares Acquired by Next Level Private LLC

Next Level Private LLC boosted its position in shares of The Boeing Company (NYSE:BA - Free Report) by 21.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,412 shares of the aircraft producer's stock after acquiring an additional 4,791 shares during the period. Boeing accounts for about 2.0% of Next Level Private LLC's investment portfolio, making the stock its 15th largest position. Next Level Private LLC's holdings in Boeing were worth $4,852,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in BA. Sugar Maple Asset Management LLC bought a new stake in Boeing during the 4th quarter valued at approximately $27,000. RPg Family Wealth Advisory LLC purchased a new position in shares of Boeing in the third quarter worth $28,000. Cedar Wealth Management LLC purchased a new position in shares of Boeing in the third quarter worth $30,000. Planning Capital Management Corp grew its stake in Boeing by 741.0% during the third quarter. Planning Capital Management Corp now owns 328 shares of the aircraft producer's stock valued at $50,000 after acquiring an additional 289 shares in the last quarter. Finally, Albion Financial Group UT increased its holdings in Boeing by 116.1% in the 4th quarter. Albion Financial Group UT now owns 296 shares of the aircraft producer's stock valued at $52,000 after acquiring an additional 159 shares during the last quarter. Hedge funds and other institutional investors own 64.82% of the company's stock.

Boeing Trading Up 1.5 %

Shares of BA stock traded up $2.63 during trading hours on Tuesday, reaching $177.79. 22,751,115 shares of the company's stock were exchanged, compared to its average volume of 8,813,679. The Boeing Company has a fifty-two week low of $137.03 and a fifty-two week high of $214.63. The stock's 50 day moving average is $167.04 and its 200-day moving average is $164.23. The company has a market cap of $109.91 billion, a price-to-earnings ratio of -13.78 and a beta of 1.52.

Boeing (NYSE:BA - Get Free Report) last announced its 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 business earned ($0.47) earnings per share. Equities analysts anticipate that The Boeing Company will post -16.39 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on BA shares. Robert W. Baird decreased their price objective on Boeing from $240.00 to $200.00 and set an "outperform" rating on the stock in a report on Thursday, October 24th. Benchmark restated a "buy" rating and set a $250.00 target price on shares of Boeing in a research report on Thursday, October 24th. Northcoast Research raised Boeing from a "sell" rating to a "neutral" rating in a research note on Thursday, December 12th. Wells Fargo & Company cut their target price on Boeing from $86.00 to $85.00 and set an "underweight" rating on the stock in a research report on Monday, November 4th. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $200.00 price target on shares of Boeing in a research report on Wednesday, October 30th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Boeing presently has an average rating of "Moderate Buy" and an average price target of $192.11.

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.