Calton & Associates Inc. Buys 4,939 Shares of The Boeing Company (NYSE:BA)

Calton & Associates Inc. lifted its stake in shares of The Boeing Company (NYSE:BA) by 278.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,713 shares of the aircraft producer’s stock after purchasing an additional 4,939 shares during the quarter. Calton & Associates Inc.’s holdings in Boeing were worth $1,188,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in BA. Crews Bank & Trust acquired a new position in Boeing in the 4th quarter valued at approximately $55,000. Capital Investment Advisory Services LLC grew its stake in shares of Boeing by 6.6% in the fourth quarter. Capital Investment Advisory Services LLC now owns 3,971 shares of the aircraft producer’s stock worth $703,000 after purchasing an additional 245 shares during the last quarter. Westhampton Capital LLC increased its holdings in Boeing by 12.3% in the fourth quarter. Westhampton Capital LLC now owns 7,074 shares of the aircraft producer’s stock valued at $1,252,000 after purchasing an additional 775 shares during the period. Highland Capital Management LLC raised its position in Boeing by 142.3% during the 4th quarter. Highland Capital Management LLC now owns 50,711 shares of the aircraft producer’s stock worth $8,976,000 after purchasing an additional 29,778 shares during the last quarter. Finally, Strategic Blueprint LLC lifted its holdings in Boeing by 37.1% during the 4th quarter. Strategic Blueprint LLC now owns 3,346 shares of the aircraft producer’s stock worth $592,000 after buying an additional 905 shares during the period. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on BA shares. Royal Bank of Canada reissued an “outperform” rating and issued a $200.00 price target on shares of Boeing in a research note on Wednesday. TD Cowen decreased their target price on shares of Boeing from $200.00 to $190.00 and set a “buy” rating for the company in a research report on Monday, October 14th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Boeing from $184.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, January 2nd. Wells Fargo & Company increased their price objective on shares of Boeing from $85.00 to $103.00 and gave the stock an “underweight” rating in a research report on Wednesday. Finally, Sanford C. Bernstein lowered shares of Boeing from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $195.00 to $169.00 in a report on Wednesday, October 30th. Two equities 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $195.00.

Boeing Price Performance

Shares of NYSE BA opened at $179.47 on Friday. The Boeing Company has a 1 year low of $137.03 and a 1 year high of $214.63. The stock has a market capitalization of $110.95 billion, a P/E ratio of -13.91 and a beta of 1.52. The company has a 50-day moving average price of $168.24 and a 200-day moving average price of $164.26.

Boeing (NYSE:BA) last issued its quarterly earnings data on Tuesday, January 28th. The aircraft producer reported ($5.90) EPS for the quarter, missing analysts’ consensus estimates of ($1.60) by ($4.30). During the same period in the previous year, the company earned ($0.47) earnings per share. As a group, equities research analysts anticipate that The Boeing Company will post -16.39 earnings per share for the current fiscal year.

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.