Consolidated Portfolio Review Corp Has $247,000 Holdings in The Boeing Company (NYSE:BA)

Consolidated Portfolio Review Corp raised its holdings in The Boeing Company (NYSE:BA) by 8.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,451 shares of the aircraft producer’s stock after acquiring an additional 107 shares during the period. Consolidated Portfolio Review Corp’s holdings in Boeing were worth $247,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Amundi lifted its position in Boeing by 473.6% in the 4th quarter. Amundi now owns 1,565,337 shares of the aircraft producer’s stock valued at $268,862,000 after acquiring an additional 1,292,417 shares in the last quarter. KKM Financial LLC raised its stake in shares of Boeing by 50.8% in the 4th quarter. KKM Financial LLC now owns 15,368 shares of the aircraft producer’s stock valued at $2,720,000 after purchasing an additional 5,175 shares during the period. Wynn Capital LLC acquired a new stake in shares of Boeing in the 1st quarter valued at about $584,000. Grant Private Wealth Management Inc bought a new stake in shares of Boeing in the fourth quarter valued at about $903,000. Finally, Winslow Asset Management Inc. boosted its position in shares of Boeing by 8.2% during the fourth quarter. Winslow Asset Management Inc. now owns 40,761 shares of the aircraft producer’s stock worth $7,215,000 after buying an additional 3,096 shares during the period. 64.82% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Jeffrey S. Shockey sold 3,205 shares of the stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $202.87, for a total transaction of $650,198.35. Following the transaction, the executive vice president now owns 20,513 shares in the company, valued at approximately $4,161,472.31. This trade represents a 13.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Brendan J. Nelson sold 640 shares of the business’s stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $206.28, for a total value of $132,019.20. Following the completion of the sale, the senior vice president now owns 13,258 shares of the company’s stock, valued at $2,734,860.24. This trade represents a 4.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 7,744 shares of company stock valued at $1,511,370 over the last ninety days. 0.09% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

BA has been the topic of a number of recent research reports. UBS Group lifted their target price on Boeing from $207.00 to $226.00 and gave the company a “buy” rating in a research report on Friday, May 9th. Wells Fargo & Company reiterated an “underweight” rating on shares of Boeing in a report on Thursday, May 22nd. Bank of America raised shares of Boeing from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $185.00 to $260.00 in a research report on Monday, June 2nd. Wall Street Zen cut shares of Boeing from a “hold” rating to a “sell” rating in a report on Saturday, May 17th. Finally, Melius upgraded shares of Boeing from a “hold” rating to a “buy” rating in a research note on Monday, March 24th. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $209.85.

Boeing Stock Down 0.9%

BA opened at $199.09 on Thursday. The Boeing Company has a 12-month low of $128.88 and a 12-month high of $218.80. The business has a 50 day moving average of $195.98 and a 200-day moving average of $179.22. The stock has a market cap of $150.12 billion, a price-to-earnings ratio of -11.11 and a beta of 1.43.

Boeing (NYSE:BA) last announced its quarterly earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.39) by $0.90. The business had revenue of $19.50 billion for the quarter, compared to analyst estimates of $19.57 billion. During the same period in the prior year, the business earned ($1.13) EPS. The company’s revenue for the quarter was up 17.7% compared to the same quarter last year. As a group, analysts expect that The Boeing Company will post -2.58 earnings per share for the current year.

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.