Kozak & Associates Inc. Sells 103 Shares of The Boeing Company (NYSE:BA)

Kozak & Associates Inc. trimmed its position in The Boeing Company (NYSE:BA) by 35.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 186 shares of the aircraft producer’s stock after selling 103 shares during the quarter. Kozak & Associates Inc.’s holdings in Boeing were worth $32,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CWA Asset Management Group LLC lifted its position in Boeing by 37.1% during the fourth quarter. CWA Asset Management Group LLC now owns 3,009 shares of the aircraft producer’s stock worth $533,000 after acquiring an additional 815 shares during the last quarter. GAMMA Investing LLC grew its holdings in Boeing by 26.2% in the 4th quarter. GAMMA Investing LLC now owns 5,135 shares of the aircraft producer’s stock valued at $909,000 after buying an additional 1,066 shares in the last quarter. Versant Capital Management Inc increased its position in Boeing by 51.0% during the 4th quarter. Versant Capital Management Inc now owns 811 shares of the aircraft producer’s stock worth $143,000 after buying an additional 274 shares during the period. Principal Financial Group Inc. boosted its position in shares of Boeing by 6.1% in the third quarter. Principal Financial Group Inc. now owns 666,244 shares of the aircraft producer’s stock valued at $101,296,000 after acquiring an additional 38,332 shares during the period. Finally, Syntax Research Inc. grew its stake in shares of Boeing by 18.4% in the third quarter. Syntax Research Inc. now owns 4,708 shares of the aircraft producer’s stock valued at $716,000 after acquiring an additional 730 shares in the last quarter. Institutional investors own 64.82% of the company’s stock.

Boeing Trading Up 0.8 %

NYSE BA traded up $1.34 on Monday, hitting $171.24. 6,354,110 shares of the company were exchanged, compared to its average volume of 9,673,848. The Boeing Company has a 12 month low of $137.03 and a 12 month high of $233.85. The company has a market cap of $105.86 billion, a PE ratio of -13.27 and a beta of 1.52. The stock has a fifty day moving average of $159.43 and a 200-day moving average of $165.34.

Boeing (NYSE:BA) last issued its 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 company had revenue of $17.84 billion during the quarter, compared to analyst estimates of $17.81 billion. During the same period last year, the firm earned ($3.26) earnings per share. Boeing’s quarterly revenue was down 1.5% compared to the same quarter last year. On average, analysts expect that The Boeing Company will post -16.18 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on BA. Robert W. Baird cut their price objective on shares of Boeing from $240.00 to $200.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. Jefferies Financial Group cut their price objective on shares of Boeing from $270.00 to $240.00 and set a “buy” rating for the company in a research report on Monday, September 23rd. Deutsche Bank Aktiengesellschaft upped 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. Sanford C. Bernstein downgraded Boeing from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $195.00 to $169.00 in a research report on Wednesday, October 30th. Finally, Benchmark reissued a “buy” rating and issued a $250.00 price objective on shares of Boeing in a research note on Thursday, October 24th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $192.21.

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.