Roman Butler Fullerton & Co. Grows Holdings in The Boeing Company (NYSE:BA)

Roman Butler Fullerton & Co. raised its holdings in shares of The Boeing Company (NYSE:BA) by 5.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,344 shares of the aircraft producer’s stock after purchasing an additional 112 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in Boeing were worth $431,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Vermillion & White Wealth Management Group LLC bought a new position in shares of Boeing during the 4th quarter worth $26,000. Evolution Advisers Inc. bought a new position in Boeing in the fourth quarter worth approximately $28,000. DiNuzzo Private Wealth Inc. purchased a new stake in Boeing during the fourth quarter worth $28,000. Vima LLC purchased a new stake in shares of Boeing during the 4th quarter worth $34,000. Finally, McClarren Financial Advisors Inc. boosted its position in Boeing by 451.4% during the first quarter. McClarren Financial Advisors Inc. now owns 193 shares of the aircraft producer’s stock valued at $37,000 after purchasing an additional 158 shares in the last quarter. 64.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently weighed in on BA. Citigroup lowered their price target on shares of Boeing from $252.00 to $224.00 and set a “buy” rating on the stock in a report on Thursday, April 25th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $225.00 price objective on shares of Boeing in a research report on Tuesday, June 25th. Sanford C. Bernstein dropped their price target on Boeing from $222.00 to $207.00 and set an “outperform” rating on the stock in a research note on Monday, August 5th. Argus lowered shares of Boeing from a “buy” rating to a “hold” rating in a research note on Tuesday, April 30th. Finally, Bank of America lifted their price objective on shares of Boeing from $180.00 to $200.00 and gave the stock a “neutral” rating in a research note on Thursday, June 13th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $215.18.

Boeing Trading Up 2.8 %

BA traded up $4.63 on Tuesday, reaching $168.76. The stock had a trading volume of 6,454,004 shares, compared to its average volume of 8,112,045. The Boeing Company has a 12-month low of $159.70 and a 12-month high of $267.54. The company has a market cap of $103.60 billion, a P/E ratio of -47.09 and a beta of 1.56. The business’s 50-day moving average price is $180.67 and its two-hundred day moving average price is $185.24.

Boeing (NYSE:BA) last announced its earnings results on Wednesday, July 31st. The aircraft producer reported ($2.90) earnings per share for the quarter, missing the consensus estimate of ($1.00) by ($1.90). The firm had revenue of $16.87 billion during the quarter, compared to analyst estimates of $17.35 billion. During the same period last year, the firm posted ($0.82) earnings per share. Boeing’s revenue for the quarter was down 14.6% on a year-over-year basis. As a group, analysts predict that The Boeing Company will post -2.38 earnings per share for the current 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.