Householder Group Estate & Retirement Specialist LLC Sells 2,212 Shares of The Boeing Company (NYSE:BA)

Householder Group Estate & Retirement Specialist LLC cut its position in The Boeing Company (NYSE:BA - Free Report) by 79.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 588 shares of the aircraft producer's stock after selling 2,212 shares during the quarter. Householder Group Estate & Retirement Specialist LLC's holdings in Boeing were worth $104,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in BA. AdvisorNet Financial Inc boosted its position in 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 purchasing an additional 710 shares during the period. Rockefeller Capital Management L.P. grew its position in shares of Boeing by 8.8% in the third quarter. Rockefeller Capital Management L.P. now owns 473,917 shares of the aircraft producer's stock valued at $72,075,000 after purchasing an additional 38,300 shares in the last quarter. Principal Financial Group Inc. raised its stake 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 valued at $101,296,000 after purchasing an additional 38,332 shares during the period. Jennison Associates LLC lifted its holdings in Boeing by 9.9% during the 3rd quarter. Jennison Associates LLC now owns 6,700,706 shares of the aircraft producer's stock worth $1,018,775,000 after purchasing an additional 602,143 shares in the last quarter. Finally, World Investment Advisors LLC boosted its stake in Boeing by 243.4% in the 3rd quarter. World Investment Advisors LLC now owns 5,381 shares of the aircraft producer's stock worth $818,000 after purchasing an additional 3,814 shares during the period. Hedge funds and other institutional investors own 64.82% of the company's stock.

Boeing Price Performance

BA traded up $2.21 during trading on Friday, hitting $171.14. 9,537,359 shares of the stock traded hands, compared to its average volume of 9,471,018. The firm has a 50-day moving average of $163.15 and a 200 day moving average of $164.89. The Boeing Company has a 12-month low of $137.03 and a 12-month high of $217.59. The firm has a market capitalization of $105.80 billion, a P/E ratio of -13.27 and a beta of 1.52.

Boeing (NYSE:BA - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The aircraft producer reported ($10.44) EPS for the quarter, missing analysts' consensus estimates of ($10.34) by ($0.10). The business had revenue of $17.84 billion during the quarter, compared to analyst estimates of $17.81 billion. Boeing's revenue was down 1.5% compared to the same quarter last year. During the same period last year, the firm earned ($3.26) earnings per share. As a group, equities analysts predict that The Boeing Company will post -16.43 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft increased their price target on shares of Boeing from $184.00 to $215.00 and gave the stock a "buy" rating in a report on Thursday, January 2nd. JPMorgan Chase & Co. lowered their target price on shares of Boeing from $195.00 to $190.00 and set an "overweight" rating on the stock in a research note on Monday, November 25th. Benchmark restated a "buy" rating and set a $250.00 price target on shares of Boeing in a research report on Thursday, October 24th. Royal Bank of Canada reiterated an "outperform" rating and issued a $200.00 price objective on shares of Boeing in a research report on Wednesday, October 30th. Finally, The Goldman Sachs Group lowered their price target on Boeing from $232.00 to $202.00 and set a "buy" rating on the stock in a report on Tuesday, September 24th. 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 issued a strong buy rating to the stock. According to data from MarketBeat.com, Boeing has an average rating of "Moderate Buy" and a consensus price target of $192.21.

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.