4,000 Shares in The Boeing Company (NYSE:BA) Bought by Wilmar Advisors LLC

Wilmar Advisors LLC purchased a new stake in The Boeing Company (NYSE:BA) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 4,000 shares of the aircraft producer’s stock, valued at approximately $708,000. Boeing comprises 0.7% of Wilmar Advisors LLC’s investment portfolio, making the stock its 14th biggest holding.

Other institutional investors also recently added to or reduced their stakes in the company. Sierra Ocean LLC bought a new stake in shares of Boeing during the fourth quarter worth $26,000. Sugar Maple Asset Management LLC acquired a new position in Boeing during the 4th quarter worth about $27,000. Fiduciary Advisors Inc. acquired a new position in Boeing during the 4th quarter worth about $28,000. HighMark Wealth Management LLC grew its holdings in Boeing by 121.6% during the 4th quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer’s stock worth $29,000 after acquiring an additional 90 shares during the last quarter. Finally, Anfield Capital Management LLC increased its position in Boeing by 113.1% in the 4th quarter. Anfield Capital Management LLC now owns 179 shares of the aircraft producer’s stock valued at $32,000 after acquiring an additional 95 shares in the last quarter. 64.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on BA. Susquehanna increased their price target on shares of Boeing from $200.00 to $205.00 and gave the company a “positive” rating in a research note on Wednesday, January 29th. Deutsche Bank Aktiengesellschaft upped their price objective on Boeing from $184.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. Wells Fargo & Company lifted their target price on Boeing from $85.00 to $103.00 and gave the company an “underweight” rating in a research note on Wednesday, January 29th. UBS Group upped their price target on Boeing from $208.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, January 29th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $200.00 price target on shares of Boeing in a report on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $195.16.

Insiders Place Their Bets

In other Boeing news, EVP Uma M. Amuluru sold 3,159 shares of Boeing stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $180.69, for a total value of $570,799.71. Following the transaction, the executive vice president now owns 19,213 shares of the company’s stock, valued at approximately $3,471,596.97. The trade was a 14.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.16% of the company’s stock.

Boeing Stock Performance

Shares of NYSE BA opened at $174.84 on Friday. The Boeing Company has a 52-week low of $137.03 and a 52-week high of $206.62. The stock has a market cap of $131.14 billion, a P/E ratio of -9.54 and a beta of 1.52. The firm has a 50 day moving average price of $176.87 and a 200 day moving average price of $164.71.

Boeing (NYSE:BA) last announced its quarterly 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 quarter in the prior year, the business earned ($0.47) EPS. Analysts predict that The Boeing Company will post -2.58 earnings per share for the current fiscal year.

Boeing 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.