World Investment Advisors Has $1.55 Million Stake in The Boeing Company (NYSE:BA)

World Investment Advisors lifted its holdings in shares of The Boeing Company (NYSE:BA) by 62.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,741 shares of the aircraft producer’s stock after purchasing an additional 3,360 shares during the quarter. World Investment Advisors’ holdings in Boeing were worth $1,547,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of BA. Quarry LP raised its stake in shares of Boeing by 12.6% in the 3rd quarter. Quarry LP now owns 688 shares of the aircraft producer’s stock valued at $105,000 after purchasing an additional 77 shares during the period. Stifel Financial Corp raised its position in Boeing by 3.2% in the 3rd quarter. Stifel Financial Corp now owns 565,644 shares of the aircraft producer’s stock valued at $86,000,000 after buying an additional 17,383 shares during the last quarter. Kovitz Investment Group Partners LLC lifted its stake in Boeing by 49.0% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 21,454 shares of the aircraft producer’s stock valued at $3,262,000 after acquiring an additional 7,052 shares in the last quarter. Insigneo Advisory Services LLC boosted its position in Boeing by 8.4% during the 3rd quarter. Insigneo Advisory Services LLC now owns 7,537 shares of the aircraft producer’s stock worth $1,146,000 after acquiring an additional 586 shares during the last quarter. Finally, XTX Topco Ltd grew its stake in shares of Boeing by 894.7% during the 3rd quarter. XTX Topco Ltd now owns 28,339 shares of the aircraft producer’s stock worth $4,309,000 after acquiring an additional 25,490 shares in the last quarter. Institutional investors own 64.82% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on BA shares. Susquehanna increased their target price on shares of Boeing from $200.00 to $205.00 and gave the stock a “positive” rating in a report on Wednesday, January 29th. StockNews.com upgraded shares of Boeing to a “sell” rating in a research note on Saturday. Melius Research set a $204.00 target price on Boeing in a research report on Monday, March 24th. UBS Group upped their target price on Boeing from $208.00 to $217.00 and gave the stock a “buy” rating in a report on Wednesday, January 29th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Boeing from $184.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, January 2nd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $196.10.

Insider Buying and Selling

In related news, EVP Uma M. Amuluru sold 3,159 shares of the stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $180.69, for a total transaction of $570,799.71. Following the sale, the executive vice president now 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.09% of the stock is owned by insiders.

Boeing Trading Down 9.5 %

Boeing stock opened at $136.61 on Friday. The company has a market capitalization of $102.47 billion, a price-to-earnings ratio of -7.46 and a beta of 1.53. The Boeing Company has a 12 month low of $132.79 and a 12 month high of $196.95. The stock’s 50 day moving average is $172.36 and its 200-day moving average is $164.22.

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 quarter in the previous year, the business earned ($0.47) earnings per share. As a group, equities research analysts predict that The Boeing Company will post -2.58 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.