Hilltop National Bank Has $51,000 Holdings in The Boeing Company (NYSE:BA)

Hilltop National Bank decreased its holdings in shares of The Boeing Company (NYSE:BA) by 53.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 290 shares of the aircraft producer’s stock after selling 337 shares during the quarter. Hilltop National Bank’s holdings in Boeing were worth $51,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC acquired a new stake in shares of Boeing during the 3rd quarter worth about $28,000. Kiely Wealth Advisory Group Inc. bought a new position in Boeing in the 2nd quarter valued at about $33,000. Cedar Wealth Management LLC bought a new stake in shares of Boeing during the 3rd quarter valued at approximately $30,000. Meeder Asset Management Inc. grew its holdings in shares of Boeing by 325.4% during the 2nd quarter. Meeder Asset Management Inc. now owns 302 shares of the aircraft producer’s stock valued at $55,000 after purchasing an additional 231 shares during the last quarter. Finally, Fairscale Capital LLC bought a new stake in Boeing during the 2nd quarter worth approximately $59,000. Institutional investors and hedge funds own 64.82% of the company’s stock.

Analyst Upgrades and Downgrades

BA has been the topic of a number of recent analyst reports. Wells Fargo & Company dropped their price target on shares of Boeing from $86.00 to $85.00 and set an “underweight” rating on the stock in a research report on Monday, November 4th. Citigroup dropped their target price on shares of Boeing from $224.00 to $209.00 and set a “buy” rating on the stock in a research report on Tuesday, October 15th. Susquehanna lowered their price objective on shares of Boeing from $210.00 to $200.00 and set a “positive” rating on the stock in a report on Thursday, October 24th. TD Cowen lowered their price objective 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, Jefferies Financial Group reduced their target price on shares of Boeing from $270.00 to $240.00 and set a “buy” rating for the company in a research note on Monday, September 23rd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Boeing currently has a consensus rating of “Moderate Buy” and an average target price of $192.21.

Boeing Stock Up 0.2 %

NYSE BA opened at $172.08 on Friday. The company has a market cap of $106.38 billion, a PE ratio of -13.34 and a beta of 1.52. The Boeing Company has a 52 week low of $137.03 and a 52 week high of $228.28. The firm’s 50-day simple moving average is $161.39 and its two-hundred day simple moving average is $165.32.

Boeing (NYSE:BA) last released its quarterly earnings data on Wednesday, October 23rd. The aircraft producer reported ($10.44) EPS for the quarter, missing the consensus estimate of ($10.34) by ($0.10). The business had revenue of $17.84 billion for the quarter, compared to analyst estimates of $17.81 billion. During the same quarter in the previous year, the business posted ($3.26) earnings per share. The firm’s revenue was down 1.5% on a year-over-year basis. As a group, equities research analysts anticipate that The Boeing Company will post -16.18 EPS 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.