S. R. Schill & Associates Purchases 210 Shares of The Boeing Company (NYSE:BA)

S. R. Schill & Associates raised its position in shares of The Boeing Company (NYSE:BA) by 6.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,337 shares of the aircraft producer’s stock after purchasing an additional 210 shares during the quarter. Boeing accounts for about 0.5% of S. R. Schill & Associates’ holdings, making the stock its 17th biggest holding. S. R. Schill & Associates’ holdings in Boeing were worth $591,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Nilsine Partners LLC increased its stake in shares of Boeing by 5.5% during the fourth quarter. Nilsine Partners LLC now owns 11,832 shares of the aircraft producer’s stock valued at $2,094,000 after buying an additional 614 shares during the period. Cherry Creek Investment Advisors Inc. bought a new stake in Boeing in the fourth quarter valued at $1,536,000. Aurora Private Wealth Inc. purchased a new position in Boeing during the 4th quarter valued at $282,000. Pacer Advisors Inc. raised its holdings in Boeing by 87.4% in the 4th quarter. Pacer Advisors Inc. now owns 81,307 shares of the aircraft producer’s stock worth $14,391,000 after purchasing an additional 37,909 shares in the last quarter. Finally, Cornerstone Wealth Group LLC lifted its position in shares of Boeing by 20.3% in the 4th quarter. Cornerstone Wealth Group LLC now owns 1,583 shares of the aircraft producer’s stock worth $280,000 after purchasing an additional 267 shares during the period. Institutional investors own 64.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on BA. Susquehanna decreased their price target on shares of Boeing from $210.00 to $200.00 and set a “positive” rating for the company in a research note on Thursday, October 24th. Citigroup lowered their target price on Boeing from $209.00 to $207.00 and set a “buy” rating for the company in a research note on Friday. Morgan Stanley decreased their price objective on Boeing from $195.00 to $170.00 and set an “equal weight” rating for the company in a report on Thursday, October 24th. Robert W. Baird dropped their target price on shares of Boeing from $240.00 to $200.00 and set an “outperform” rating on the stock in a report on Thursday, October 24th. Finally, Sanford C. Bernstein lowered shares of Boeing from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $195.00 to $169.00 in a research note 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 given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $192.11.

Boeing Stock Down 0.6 %

BA opened at $175.09 on Tuesday. The stock has a market capitalization of $108.24 billion, a price-to-earnings ratio of -13.57 and a beta of 1.52. The firm has a 50 day moving average price of $166.42 and a 200-day moving average price of $164.29. The Boeing Company has a twelve month low of $137.03 and a twelve month high of $214.63.

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.