Tucker Asset Management LLC Purchases 144 Shares of The Boeing Company (NYSE:BA)

Tucker Asset Management LLC lifted its position in shares of The Boeing Company (NYSE:BA) by 214.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 211 shares of the aircraft producer’s stock after purchasing an additional 144 shares during the period. Tucker Asset Management LLC’s holdings in Boeing were worth $37,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Sierra Ocean LLC bought a new position in shares of Boeing during the fourth quarter worth approximately $26,000. Sugar Maple Asset Management LLC acquired a new stake in Boeing during the fourth quarter worth approximately $27,000. Fiduciary Advisors Inc. acquired a new position in Boeing in the 4th quarter valued at $28,000. HighMark Wealth Management LLC lifted its position in shares of Boeing by 121.6% during the 4th quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer’s stock valued at $29,000 after acquiring an additional 90 shares during the period. Finally, Anfield Capital Management LLC grew its holdings in shares of Boeing by 113.1% during the 4th quarter. Anfield Capital Management LLC now owns 179 shares of the aircraft producer’s stock worth $32,000 after purchasing an additional 95 shares in the last quarter. 64.82% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Boeing

In related news, EVP Uma M. Amuluru sold 3,159 shares of the business’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $180.69, for a total transaction of $570,799.71. Following the transaction, the executive vice president now owns 19,213 shares in the company, valued at $3,471,596.97. The trade was a 14.12 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.09% of the company’s stock.

Boeing Stock Performance

NYSE:BA opened at $172.98 on Friday. The Boeing Company has a fifty-two week low of $137.03 and a fifty-two week high of $196.95. The company has a 50 day simple moving average of $173.98 and a two-hundred day simple moving average of $164.20. The company has a market capitalization of $129.74 billion, a PE ratio of -9.44 and a beta of 1.53.

Boeing (NYSE:BA) last issued its quarterly earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) EPS for the quarter, missing analysts’ consensus estimates of ($1.60) by ($4.30). During the same quarter last year, the company earned ($0.47) EPS. Research analysts predict that The Boeing Company will post -2.58 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. StockNews.com raised Boeing to a “sell” rating in a research note on Wednesday, March 12th. Barclays raised shares of Boeing from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $190.00 to $210.00 in a report on Monday, January 6th. Melius Research raised shares of Boeing from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 24th. Deutsche Bank Aktiengesellschaft upped their target price on Boeing from $184.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, January 2nd. Finally, Susquehanna lifted their price target on Boeing from $200.00 to $205.00 and gave the company a “positive” rating in a research note on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $195.68.

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.