Imprint Wealth LLC Invests $203,000 in The Boeing Company (NYSE:BA)

Imprint Wealth LLC purchased a new position in shares of The Boeing Company (NYSE:BA) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 793 shares of the aircraft producer’s stock, valued at approximately $203,000.

A number of other institutional investors also recently modified their holdings of BA. Moneta Group Investment Advisors LLC raised its holdings in shares of Boeing by 109,667.8% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 16,055,730 shares of the aircraft producer’s stock worth $3,058,456,000 after buying an additional 16,041,103 shares in the last quarter. Barclays PLC grew its position in Boeing by 599.0% during the 2nd quarter. Barclays PLC now owns 1,522,410 shares of the aircraft producer’s stock worth $321,475,000 after acquiring an additional 1,827,485 shares during the last quarter. Lazard Asset Management LLC grew its position in Boeing by 8,961.2% during the 3rd quarter. Lazard Asset Management LLC now owns 1,161,461 shares of the aircraft producer’s stock worth $222,628,000 after acquiring an additional 1,148,643 shares during the last quarter. Morgan Stanley grew its position in Boeing by 11.7% during the 4th quarter. Morgan Stanley now owns 8,321,871 shares of the aircraft producer’s stock worth $1,585,234,000 after acquiring an additional 872,795 shares during the last quarter. Finally, Invesco Ltd. grew its position in Boeing by 30.1% during the 3rd quarter. Invesco Ltd. now owns 3,279,421 shares of the aircraft producer’s stock worth $628,599,000 after acquiring an additional 759,267 shares during the last quarter. Institutional investors and hedge funds own 64.82% of the company’s stock.

Boeing Price Performance

Shares of NYSE:BA opened at $170.55 on Wednesday. The business’s 50-day moving average is $192.69 and its 200-day moving average is $207.80. The Boeing Company has a 1 year low of $167.53 and a 1 year high of $267.54.

Boeing (NYSE:BA) last announced its quarterly earnings data on Wednesday, January 31st. The aircraft producer reported ($0.47) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.25. The business had revenue of $22.02 billion during the quarter, compared to analyst estimates of $21.14 billion. The firm’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period in the prior year, the firm earned ($1.75) earnings per share. Equities analysts anticipate that The Boeing Company will post 0.37 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on BA shares. Northcoast Research lowered Boeing from a “buy” rating to a “neutral” rating in a research report on Friday, February 23rd. Stifel Nicolaus reduced their price objective on Boeing from $270.00 to $260.00 and set a “buy” rating on the stock in a research report on Wednesday, April 10th. Bank of America reduced their price objective on Boeing from $210.00 to $190.00 and set a “neutral” rating on the stock in a research report on Thursday, April 11th. Edward Jones lowered Boeing from a “buy” rating to a “hold” rating in a research report on Monday, January 8th. Finally, UBS Group reduced their price target on Boeing from $275.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, March 21st. Nine equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, Boeing currently has an average rating of “Moderate Buy” and a consensus target price of $233.88.

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.