The Boeing Company (NYSE:BA) Stock Holdings Boosted by Pavion Blue Capital LLC

Pavion Blue Capital LLC raised its position in shares of The Boeing Company (NYSE:BA) by 87.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,866 shares of the aircraft producer’s stock after purchasing an additional 1,801 shares during the quarter. Pavion Blue Capital LLC’s holdings in Boeing were worth $684,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BA. Sierra Ocean LLC bought a new position in Boeing during the 4th quarter valued at $26,000. Sugar Maple Asset Management LLC bought a new position in Boeing during the 4th quarter valued at $27,000. RPg Family Wealth Advisory LLC bought a new position in Boeing during the 3rd quarter valued at $28,000. Fiduciary Advisors Inc. bought a new position in Boeing during the 4th quarter valued at $28,000. Finally, HighMark Wealth Management LLC boosted its stake in Boeing by 121.6% during the 4th quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer’s stock valued at $29,000 after purchasing an additional 90 shares in the last quarter. 64.82% of the stock is owned by institutional investors.

Boeing Trading Down 2.0 %

NYSE BA opened at $177.34 on Friday. The Boeing Company has a 1-year low of $137.03 and a 1-year high of $208.10. The company has a market capitalization of $133.01 billion, a PE ratio of -9.68 and a beta of 1.52. The firm’s fifty day simple moving average is $176.74 and its 200-day simple moving average is $164.39.

Boeing (NYSE:BA) last posted its quarterly earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.60) by ($4.30). During the same period last year, the business earned ($0.47) EPS. As a group, analysts predict that The Boeing Company will post -2.58 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Citigroup increased their price objective on Boeing from $207.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, February 10th. UBS Group increased their price objective on Boeing from $208.00 to $217.00 and gave the company a “buy” rating in a research report on Wednesday, January 29th. Deutsche Bank Aktiengesellschaft increased their price objective on Boeing from $184.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, January 2nd. Royal Bank of Canada reiterated an “outperform” rating and set a $200.00 price objective on shares of Boeing in a research report on Wednesday, January 29th. Finally, Sanford C. Bernstein downgraded Boeing from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $195.00 to $169.00 in a research report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $195.16.

Insiders Place Their Bets

In other Boeing news, EVP Uma M. Amuluru sold 3,159 shares of the stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $180.69, for a total transaction of $570,799.71. Following the transaction, the executive vice president now directly owns 19,213 shares of the company’s stock, valued at $3,471,596.97. This represents a 14.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.16% of the company’s stock.

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.