5,000 Shares in The Boeing Company (NYSE:BA) Purchased by Capitolis Liquid Global Markets LLC

Capitolis Liquid Global Markets LLC purchased a new stake in shares of The Boeing Company (NYSE:BA) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 5,000 shares of the aircraft producer’s stock, valued at approximately $885,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Keynote Financial Services LLC lifted its position in shares of Boeing by 3.8% during the fourth quarter. Keynote Financial Services LLC now owns 1,542 shares of the aircraft producer’s stock worth $273,000 after acquiring an additional 57 shares in the last quarter. Chaney Capital Management Inc. boosted its stake in Boeing by 2.1% in the 4th quarter. Chaney Capital Management Inc. now owns 2,870 shares of the aircraft producer’s stock worth $508,000 after purchasing an additional 58 shares during the period. Farmers & Merchants Investments Inc. grew its holdings in Boeing by 0.6% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 10,608 shares of the aircraft producer’s stock valued at $1,878,000 after buying an additional 59 shares in the last quarter. Center for Financial Planning Inc. increased its holdings in Boeing by 12.0% during the 4th quarter. Center for Financial Planning Inc. now owns 562 shares of the aircraft producer’s stock worth $99,000 after acquiring an additional 60 shares during the period. Finally, Trek Financial LLC boosted its holdings in Boeing by 2.7% in the 4th quarter. Trek Financial LLC now owns 2,307 shares of the aircraft producer’s stock valued at $408,000 after purchasing an additional 60 shares during the period. 64.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on BA. Melius Research set a $204.00 target price on Boeing in a research report on Monday, March 24th. Barclays raised shares of Boeing from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $190.00 to $210.00 in a report on Monday, January 6th. Citigroup raised their price target on Boeing from $210.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, April 24th. UBS Group increased their price objective on Boeing from $190.00 to $207.00 and gave the company a “buy” rating in a research report on Thursday, April 24th. Finally, StockNews.com upgraded shares of Boeing to a “sell” rating in a research report on Thursday, April 24th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $200.90.

Insider Buying and Selling at Boeing

In other news, EVP David Christopher Raymond sold 3,899 shares of the firm’s stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $187.01, for a total transaction of $729,151.99. Following the sale, the executive vice president now directly owns 42,513 shares in the company, valued at $7,950,356.13. This trade represents a 8.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Uma M. Amuluru sold 3,159 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $180.69, for a total value of $570,799.71. Following the completion of the sale, the executive vice president now owns 19,213 shares of the company’s stock, valued at $3,471,596.97. The trade was a 14.12 % decrease in their position. The disclosure for this sale can be found here. 0.09% of the stock is owned by corporate insiders.

Boeing Price Performance

Shares of Boeing stock opened at $186.42 on Tuesday. The stock has a market cap of $140.56 billion, a price-to-earnings ratio of -10.18 and a beta of 1.40. The Boeing Company has a 1 year low of $128.88 and a 1 year high of $196.95. The firm’s 50-day moving average is $165.41 and its 200 day moving average is $166.11.

Boeing (NYSE:BA) last released its quarterly earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.39) by $0.90. The firm had revenue of $19.50 billion during the quarter, compared to analysts’ expectations of $19.57 billion. During the same quarter last year, the business earned ($1.13) earnings per share. The business’s quarterly revenue was up 17.7% on a year-over-year basis. On average, equities analysts expect that The Boeing Company will post -2.58 EPS 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.