The Boeing Company (NYSE:BA) Shares Acquired by Rowlandmiller & PARTNERS.ADV

Rowlandmiller & PARTNERS.ADV grew its position in The Boeing Company (NYSE:BA) by 2.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,345 shares of the aircraft producer’s stock after acquiring an additional 240 shares during the period. Rowlandmiller & PARTNERS.ADV’s holdings in Boeing were worth $1,421,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Madison Park Capital Advisors LLC increased its stake in shares of Boeing by 4.9% during the second quarter. Madison Park Capital Advisors LLC now owns 1,204 shares of the aircraft producer’s stock worth $219,000 after purchasing an additional 56 shares in the last quarter. Wealth Alliance Advisory Group LLC increased its stake in shares of Boeing by 1.6% during the second quarter. Wealth Alliance Advisory Group LLC now owns 3,798 shares of the aircraft producer’s stock worth $691,000 after purchasing an additional 60 shares in the last quarter. Angeles Wealth Management LLC increased its stake in shares of Boeing by 4.2% during the first quarter. Angeles Wealth Management LLC now owns 1,524 shares of the aircraft producer’s stock worth $294,000 after purchasing an additional 61 shares in the last quarter. IMS Capital Management grew its stake in Boeing by 0.4% during the 2nd quarter. IMS Capital Management now owns 16,032 shares of the aircraft producer’s stock valued at $2,759,000 after acquiring an additional 62 shares in the last quarter. Finally, Meeder Advisory Services Inc. grew its stake in Boeing by 0.9% during the 1st quarter. Meeder Advisory Services Inc. now owns 7,559 shares of the aircraft producer’s stock valued at $1,459,000 after acquiring an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on BA shares. Sanford C. Bernstein dropped their price objective on shares of Boeing from $207.00 to $195.00 and set an “outperform” rating for the company in a research note on Thursday, October 17th. Wells Fargo & Company decreased their target price on shares of Boeing from $109.00 to $86.00 and set an “underweight” rating on the stock in a report on Thursday. Susquehanna decreased their target price on shares of Boeing from $210.00 to $200.00 and set a “positive” rating on the stock in a report on Thursday. JPMorgan Chase & Co. reduced their target price on shares of Boeing from $235.00 to $195.00 and set an “overweight” rating on the stock in a report on Monday, October 14th. Finally, Robert W. Baird reduced their target price on shares of Boeing from $240.00 to $200.00 and set an “outperform” rating on the stock in a report on Thursday. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Boeing presently has a consensus rating of “Moderate Buy” and a consensus target price of $191.79.

Boeing Stock Performance

Shares of Boeing stock opened at $155.19 on Friday. The Boeing Company has a 1 year low of $146.02 and a 1 year high of $267.54. The company has a market capitalization of $95.27 billion, a P/E ratio of -43.72 and a beta of 1.57. The company’s fifty day moving average is $160.61 and its two-hundred day moving average is $172.01.

Boeing (NYSE:BA) last issued its quarterly earnings data on Wednesday, October 23rd. The aircraft producer reported ($10.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($4.85) by ($5.59). The business had revenue of $17.84 billion for the quarter, compared to the consensus estimate of $17.81 billion. During the same quarter in the prior year, the firm earned ($3.26) earnings per share. The business’s revenue was down 1.5% compared to the same quarter last year. As a group, equities analysts expect that The Boeing Company will post -5.35 earnings per share for the current year.

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.