Stephens Inc. AR Raises Stock Position in The Boeing Company (NYSE:BA)

Stephens Inc. AR lifted its position in The Boeing Company (NYSE:BA) by 18.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 48,665 shares of the aircraft producer’s stock after purchasing an additional 7,505 shares during the period. Stephens Inc. AR’s holdings in Boeing were worth $8,614,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of BA. Sugar Maple Asset Management LLC bought a new position in shares of Boeing during the 4th quarter worth $27,000. RPg Family Wealth Advisory LLC purchased a new stake in Boeing in the third quarter worth about $28,000. Fiduciary Advisors Inc. bought a new position in Boeing during the 4th quarter worth about $28,000. Cedar Wealth Management LLC purchased a new position in Boeing during the 3rd quarter valued at about $30,000. Finally, Heck Capital Advisors LLC bought a new stake in shares of Boeing in the 4th quarter valued at about $33,000. Institutional investors own 64.82% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on BA shares. Benchmark reissued a “buy” rating and set a $250.00 price objective on shares of Boeing in a report on Thursday, October 24th. Morgan Stanley cut their price target on Boeing from $195.00 to $170.00 and set an “equal weight” rating on the stock in a report on Thursday, October 24th. Northcoast Research upgraded Boeing from a “sell” rating to a “neutral” rating in a research note on Thursday, December 12th. Deutsche Bank Aktiengesellschaft lifted their target price on Boeing from $184.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, January 2nd. Finally, Susquehanna increased their price target on shares of Boeing from $200.00 to $205.00 and gave the company a “positive” rating in a research report on Wednesday, January 29th. 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. Based on data from MarketBeat.com, Boeing currently has a consensus rating of “Moderate Buy” and an average target price of $195.00.

Boeing Stock Down 1.8 %

Shares of NYSE:BA opened at $181.51 on Monday. The Boeing Company has a 52-week low of $137.03 and a 52-week high of $213.10. The stock has a market cap of $136.14 billion, a price-to-earnings ratio of -9.91 and a beta of 1.52. The business has a 50-day moving average price of $172.22 and a 200-day moving average price of $164.13.

Boeing (NYSE:BA) last announced its quarterly earnings data on Tuesday, January 28th. The aircraft producer reported ($5.90) EPS for the quarter, missing the consensus estimate of ($1.60) by ($4.30). During the same quarter last year, the business posted ($0.47) EPS. As a group, equities analysts anticipate that The Boeing Company will post -2.3 EPS for the current fiscal year.

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.