Hilltop Holdings Inc. Acquires New Position in The Boeing Company $BA

Hilltop Holdings Inc. acquired a new position in shares of The Boeing Company (NYSE:BAFree Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,507 shares of the aircraft producer’s stock, valued at approximately $897,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Measured Wealth Private Client Group LLC acquired a new stake in shares of Boeing during the 3rd quarter valued at approximately $25,000. Strive Financial Group LLC purchased a new stake in shares of Boeing during the 4th quarter worth approximately $25,000. CrossGen Wealth LLC acquired a new stake in shares of Boeing in the 4th quarter worth approximately $26,000. Ares Financial Consulting LLC acquired a new stake in shares of Boeing in the 4th quarter worth approximately $26,000. Finally, 1 North Wealth Services LLC purchased a new position in Boeing in the 4th quarter valued at approximately $27,000. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

Insiders Place Their Bets

In related news, Director Bradley D. Tilden purchased 1,370 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was bought at an average cost of $218.50 per share, with a total value of $299,345.00. Following the completion of the acquisition, the director directly owned 1,370 shares in the company, valued at $299,345. The trade was a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on BA. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Boeing in a report on Tuesday, July 21st. Citigroup upped their target price on Boeing from $256.00 to $260.00 and gave the company a “buy” rating in a report on Monday, May 18th. Btg Pactual set a $260.00 price target on Boeing in a research report on Tuesday, July 14th. Morgan Stanley lifted their price target on Boeing from $245.00 to $250.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 23rd. Finally, Tigress Financial boosted their price objective on shares of Boeing from $290.00 to $295.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $261.53.

View Our Latest Report on Boeing

Boeing Price Performance

BA stock opened at $209.51 on Monday. The stock’s 50 day moving average price is $219.35 and its 200 day moving average price is $224.33. The firm has a market cap of $165.15 billion, a P/E ratio of 101.70 and a beta of 1.21. The company has a debt-to-equity ratio of 7.42, a quick ratio of 0.35 and a current ratio of 1.18. The Boeing Company has a 1 year low of $176.77 and a 1 year high of $254.35.

Boeing Company Profile

(Free Report)

Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.

Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.

Featured Stories

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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