712 Shares in The Boeing Company (NYSE:BA) Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA purchased a new stake in shares of The Boeing Company (NYSE:BA) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 712 shares of the aircraft producer’s stock, valued at approximately $126,000.

Several other large investors have also recently made changes to their positions in BA. Sugar Maple Asset Management LLC purchased a new stake in shares of Boeing during the fourth quarter valued at approximately $27,000. RPg Family Wealth Advisory LLC bought a new stake in Boeing during the 3rd quarter valued at $28,000. Cedar Wealth Management LLC purchased a new stake in Boeing during the 3rd quarter valued at $30,000. Albion Financial Group UT grew its holdings in Boeing by 116.1% in the 4th quarter. Albion Financial Group UT now owns 296 shares of the aircraft producer’s stock worth $52,000 after acquiring an additional 159 shares during the last quarter. Finally, Planning Capital Management Corp increased its position in shares of Boeing by 741.0% in the third quarter. Planning Capital Management Corp now owns 328 shares of the aircraft producer’s stock valued at $50,000 after acquiring an additional 289 shares during the period. 64.82% of the stock is owned by hedge funds and other institutional investors.

Boeing Trading Down 2.1 %

NYSE BA opened at $174.03 on Thursday. The stock’s fifty day moving average price is $167.68 and its 200-day moving average price is $164.19. The stock has a market cap of $107.58 billion, a P/E ratio of -13.49 and a beta of 1.52. The Boeing Company has a 12 month low of $137.03 and a 12 month high of $214.63.

Boeing (NYSE:BA) last issued its earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.60) by ($4.30). During the same period last year, the firm earned ($0.47) EPS. As a group, analysts forecast that The Boeing Company will post -16.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently issued reports on the company. JPMorgan Chase & Co. raised their target price on Boeing from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday. Barclays upgraded Boeing from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $190.00 to $210.00 in a research report on Monday, January 6th. Benchmark restated a “buy” rating and set a $250.00 target price on shares of Boeing in a report on Thursday, October 24th. TD Cowen cut their price target on shares of Boeing from $200.00 to $190.00 and set a “buy” rating on the stock in a report on Monday, October 14th. Finally, Morgan Stanley decreased their price objective on shares of Boeing from $195.00 to $170.00 and set an “equal weight” rating for the company in a report on Thursday, October 24th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $195.00.

About Boeing

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.