The Boeing Company (NYSE:BA) Stock Holdings Lifted by Stonebridge Capital Advisors LLC

Stonebridge Capital Advisors LLC lifted its holdings in shares of The Boeing Company (NYSE:BA - Free Report) by 32.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 51,984 shares of the aircraft producer's stock after buying an additional 12,609 shares during the period. Stonebridge Capital Advisors LLC's holdings in Boeing were worth $9,201,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Empire Financial Management Company LLC grew its position in Boeing by 35.1% in the 4th quarter. Empire Financial Management Company LLC now owns 5,000 shares of the aircraft producer's stock worth $885,000 after purchasing an additional 1,300 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. bought a new stake in shares of Boeing during the fourth quarter valued at about $6,908,000. RiverPark Advisors LLC grew its position in Boeing by 18.9% in the 4th quarter. RiverPark Advisors LLC now owns 497 shares of the aircraft producer's stock valued at $88,000 after buying an additional 79 shares in the last quarter. Kerrisdale Advisers LLC increased its stake in Boeing by 16.0% during the 4th quarter. Kerrisdale Advisers LLC now owns 14,855 shares of the aircraft producer's stock valued at $2,629,000 after buying an additional 2,050 shares during the period. Finally, Syon Capital LLC lifted its stake in shares of Boeing by 21.1% in the 4th quarter. Syon Capital LLC now owns 6,156 shares of the aircraft producer's stock worth $1,090,000 after acquiring an additional 1,071 shares during the period. Institutional investors and hedge funds own 64.82% of the company's stock.

Analyst Ratings Changes

Several analysts have recently weighed in on BA shares. StockNews.com upgraded Boeing to a "sell" rating in a report on Saturday, April 5th. JPMorgan Chase & Co. lifted their target price on Boeing from $190.00 to $200.00 and gave the stock an "overweight" rating in a report on Wednesday, January 29th. Melius Research set a $204.00 price target on Boeing in a research note on Monday, March 24th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Boeing from $184.00 to $215.00 and gave the stock a "buy" rating in a research report on Thursday, January 2nd. Finally, UBS Group raised their price objective on shares of Boeing from $208.00 to $217.00 and gave the stock a "buy" rating in a research note on Wednesday, January 29th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Boeing currently has an average rating of "Moderate Buy" and an average target price of $197.11.

Boeing Stock Performance

Boeing stock opened at $172.47 on Thursday. The business's 50-day simple moving average is $165.18 and its 200-day simple moving average is $164.29. The Boeing Company has a 52 week low of $128.88 and a 52 week high of $196.95. The firm has a market capitalization of $129.37 billion, a PE ratio of -9.41 and a beta of 1.24.

Boeing (NYSE:BA - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) EPS for the quarter, topping analysts' consensus estimates of ($1.39) by $0.90. The business had revenue of $19.50 billion for the quarter, compared to analyst estimates of $19.57 billion. Research analysts forecast that The Boeing Company will post -2.58 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Uma M. Amuluru sold 3,159 shares of the business's 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 $3,471,596.97. The trade was a 14.12 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.09% of the company's stock.

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.

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