The Boeing Company (NYSE:BA) Holdings Raised by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB increased its position in shares of The Boeing Company (NYSE:BA) by 8.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,447 shares of the aircraft producer’s stock after purchasing an additional 1,394 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Boeing were worth $3,265,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in BA. Sugar Maple Asset Management LLC acquired a new position in shares of Boeing in the 4th quarter valued at about $27,000. Fiduciary Advisors Inc. acquired a new position in Boeing in the fourth quarter valued at approximately $28,000. RPg Family Wealth Advisory LLC bought a new position in shares of Boeing during the third quarter valued at approximately $28,000. Heck Capital Advisors LLC acquired a new stake in shares of Boeing during the 4th quarter worth approximately $33,000. Finally, Keystone Financial Group Inc. bought a new stake in shares of Boeing in the 4th quarter worth approximately $34,000. Institutional investors and hedge funds own 64.82% of the company’s stock.

Boeing Trading Down 1.8 %

Shares of NYSE BA opened at $181.51 on Friday. The Boeing Company has a one year low of $137.03 and a one year high of $213.10. The business has a 50-day moving average price of $172.22 and a two-hundred day moving average price of $164.29. The firm has a market capitalization of $136.14 billion, a PE ratio of -9.91 and a beta of 1.52.

Boeing (NYSE:BA) last posted its quarterly earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) EPS for the quarter, missing the consensus estimate of ($1.60) by ($4.30). During the same quarter last year, the firm posted ($0.47) EPS. Research analysts anticipate that The Boeing Company will post -2.3 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on BA. TD Cowen lowered their price objective on Boeing from $200.00 to $190.00 and set a “buy” rating for the company in a research note on Monday, October 14th. DZ Bank cut shares of Boeing from a “buy” rating to a “hold” rating and set a $152.00 price objective on the stock. in a report on Tuesday, October 15th. Royal Bank of Canada reissued an “outperform” rating and set a $200.00 target price on shares of Boeing in a research note on Wednesday, January 29th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Boeing from $184.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, January 2nd. Finally, Robert W. Baird reduced their price objective on Boeing from $240.00 to $200.00 and set an “outperform” rating for the company in a research report on Thursday, October 24th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Boeing presently has a consensus rating of “Moderate Buy” and a consensus price target of $195.00.

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.