712 Shares in The Boeing Company (NYSE:BA) Bought by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA acquired a new stake in shares of The Boeing Company (NYSE:BA) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 712 shares of the aircraft producer’s stock, valued at approximately $126,000.

A number of other hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. increased its position in shares of Boeing by 6.4% during the fourth quarter. Blue Trust Inc. now owns 16,963 shares of the aircraft producer’s stock valued at $3,002,000 after acquiring an additional 1,013 shares during the last quarter. Kingswood Wealth Advisors LLC grew its stake in Boeing by 9.3% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 21,948 shares of the aircraft producer’s stock valued at $3,885,000 after purchasing an additional 1,874 shares during the period. PFG Investments LLC increased its position in shares of Boeing by 6.0% during the 4th quarter. PFG Investments LLC now owns 21,251 shares of the aircraft producer’s stock valued at $3,602,000 after purchasing an additional 1,194 shares during the last quarter. High Net Worth Advisory Group LLC raised its stake in shares of Boeing by 18.3% during the 4th quarter. High Net Worth Advisory Group LLC now owns 2,000 shares of the aircraft producer’s stock worth $354,000 after purchasing an additional 310 shares during the period. Finally, Regatta Capital Group LLC boosted its holdings in shares of Boeing by 2.7% in the 4th quarter. Regatta Capital Group LLC now owns 6,374 shares of the aircraft producer’s stock worth $1,128,000 after buying an additional 166 shares during the last quarter. 64.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on BA shares. Northcoast Research raised shares of Boeing from a “sell” rating to a “neutral” rating in a research report on Thursday, December 12th. Benchmark reiterated a “buy” rating and issued a $250.00 price objective on shares of Boeing in a research note on Thursday, October 24th. Royal Bank of Canada reissued an “outperform” rating and issued a $200.00 target price on shares of Boeing in a research report on Wednesday. Robert W. Baird dropped their price target on Boeing from $240.00 to $200.00 and set an “outperform” rating on the stock in a research report on Thursday, October 24th. Finally, UBS Group lifted their price objective on Boeing from $208.00 to $217.00 and gave the stock a “buy” rating in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $195.00.

Boeing Stock Down 2.1 %

NYSE:BA opened at $174.03 on Thursday. The stock has a market cap of $107.58 billion, a P/E ratio of -13.49 and a beta of 1.52. The business’s 50-day moving average price is $167.68 and its two-hundred day moving average price is $164.19. The Boeing Company has a twelve month low of $137.03 and a twelve month high of $214.63.

Boeing (NYSE:BA) last announced its earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.60) by ($4.30). During the same quarter last year, the company posted ($0.47) EPS. On average, equities research analysts expect that The Boeing Company will post -16.39 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.