Integrity Financial Corp WA Has $374,000 Position in The Boeing Company $BA

Integrity Financial Corp WA lessened its position in The Boeing Company (NYSE:BA) by 24.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,786 shares of the aircraft producer’s stock after selling 573 shares during the period. Integrity Financial Corp WA’s holdings in Boeing were worth $374,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of BA. Harbor Asset Planning Inc. acquired a new position in Boeing in the 2nd quarter worth about $25,000. Piscataqua Savings Bank increased its holdings in Boeing by 1,712.5% in the 2nd quarter. Piscataqua Savings Bank now owns 145 shares of the aircraft producer’s stock worth $30,000 after purchasing an additional 137 shares in the last quarter. Monetary Management Group Inc. increased its holdings in Boeing by 33.3% in the 1st quarter. Monetary Management Group Inc. now owns 200 shares of the aircraft producer’s stock worth $34,000 after purchasing an additional 50 shares in the last quarter. IMG Wealth Management Inc. increased its holdings in Boeing by 159.4% in the 2nd quarter. IMG Wealth Management Inc. now owns 179 shares of the aircraft producer’s stock worth $38,000 after purchasing an additional 110 shares in the last quarter. Finally, Keener Financial Planning LLC acquired a new position in Boeing in the 2nd quarter worth about $41,000. Institutional investors and hedge funds own 64.82% of the company’s stock.

Insider Activity

In related news, EVP David Christopher Raymond sold 3,771 shares of the company’s stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $229.94, for a total transaction of $867,103.74. Following the sale, the executive vice president owned 35,873 shares in the company, valued at $8,248,637.62. This represents a 9.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mortimer J. Buckley bought 2,200 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The shares were acquired at an average price of $226.10 per share, for a total transaction of $497,420.00. Following the transaction, the director owned 2,200 shares in the company, valued at $497,420. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.09% of the stock is owned by corporate insiders.

Boeing Trading Up 0.6%

Shares of BA stock opened at $201.24 on Friday. The stock has a market cap of $152.17 billion, a price-to-earnings ratio of -14.71 and a beta of 1.47. The stock has a 50-day moving average of $220.17 and a 200-day moving average of $212.77. The Boeing Company has a 1-year low of $128.88 and a 1-year high of $242.69.

Boeing (NYSE:BA) last issued its quarterly earnings results on Wednesday, October 29th. The aircraft producer reported ($7.47) earnings per share for the quarter, missing the consensus estimate of ($0.51) by ($6.96). The firm had revenue of $23.27 billion during the quarter, compared to the consensus estimate of $21.61 billion. During the same period last year, the firm posted ($10.44) earnings per share. The company’s revenue for the quarter was up 30.4% on a year-over-year basis. Sell-side analysts forecast that The Boeing Company will post -2.58 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Jefferies Financial Group set a $255.00 target price on Boeing in a report on Tuesday, September 30th. Vertical Research raised Boeing from a “hold” rating to a “buy” rating and upped their target price for the stock from $242.00 to $270.00 in a report on Monday, September 8th. KGI Securities raised Boeing from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 24th. Susquehanna reissued a “positive” rating and issued a $270.00 price target on shares of Boeing in a research note on Monday, September 15th. Finally, Deutsche Bank Aktiengesellschaft cut Boeing from a “buy” rating to a “hold” rating and set a $240.00 price target for the company. in a research note on Thursday. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $242.79.

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.