Wayfinding Financial LLC Buys Shares of 8,003 The Boeing Company (NYSE:BA)

Wayfinding Financial LLC purchased a new stake in shares of The Boeing Company (NYSE:BA - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 8,003 shares of the aircraft producer's stock, valued at approximately $1,416,000. Boeing comprises about 0.8% of Wayfinding Financial LLC's investment portfolio, making the stock its 29th biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Lee Danner & Bass Inc. boosted its holdings in shares of Boeing by 10.0% during the 4th quarter. Lee Danner & Bass Inc. now owns 27,736 shares of the aircraft producer's stock valued at $4,909,000 after acquiring an additional 2,514 shares in the last quarter. DCF Advisers LLC boosted its stake in shares of Boeing by 68.7% during the fourth quarter. DCF Advisers LLC now owns 7,000 shares of the aircraft producer's stock valued at $1,239,000 after purchasing an additional 2,850 shares in the last quarter. RWQ Financial Management Services Inc. acquired a new stake in shares of Boeing during the fourth quarter valued at about $3,394,000. Monetta Financial Services Inc. bought a new stake in shares of Boeing during the fourth quarter worth about $1,434,000. Finally, Holderness Investments Co. increased its stake in shares of Boeing by 2.9% in the fourth quarter. Holderness Investments Co. now owns 8,242 shares of the aircraft producer's stock valued at $1,459,000 after buying an additional 229 shares during the period. 64.82% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on BA shares. Susquehanna lifted their target price 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. UBS Group lifted their price target on shares of Boeing from $208.00 to $217.00 and gave the stock a "buy" rating in a report on Wednesday, January 29th. StockNews.com upgraded Boeing to a "sell" rating in a report on Wednesday, March 12th. Barclays raised Boeing from an "equal weight" rating to an "overweight" rating and lifted their target price for the stock from $190.00 to $210.00 in a report on Monday, January 6th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Boeing from $184.00 to $215.00 and gave the company a "buy" rating in a research note on Thursday, January 2nd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Boeing has a consensus rating of "Moderate Buy" and a consensus target price of $195.68.

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Insider Buying and Selling

In related news, EVP Uma M. Amuluru sold 3,159 shares of Boeing stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $180.69, for a total transaction of $570,799.71. Following the sale, the executive vice president now directly owns 19,213 shares in the company, valued at approximately $3,471,596.97. This trade represents a 14.12 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.09% of the stock is owned by corporate insiders.

Boeing Stock Performance

Shares of Boeing stock traded up $1.81 on Tuesday, hitting $182.71. The company had a trading volume of 7,157,704 shares, compared to its average volume of 8,646,303. The Boeing Company has a 1 year low of $137.03 and a 1 year high of $196.95. The stock has a 50 day moving average of $173.50 and a 200-day moving average of $163.90. The stock has a market capitalization of $137.05 billion, a price-to-earnings ratio of -9.97 and a beta of 1.53.

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 last year, the company posted ($0.47) earnings per share. Equities analysts anticipate that The Boeing Company will post -2.58 earnings per share for the current year.

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.