Bramshill Investments LLC Buys New Stake in The Boeing Company (NYSE:BA)

Bramshill Investments LLC bought a new stake in shares of The Boeing Company (NYSE:BA - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,000 shares of the aircraft producer's stock, valued at approximately $531,000.

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

Boeing Stock Down 0.1 %

Shares of BA stock traded down $0.21 on Wednesday, hitting $185.75. The stock had a trading volume of 6,094,324 shares, compared to its average volume of 9,024,452. The Boeing Company has a one year low of $128.88 and a one year high of $196.95. The business has a 50 day moving average price of $165.66 and a 200 day moving average price of $166.25. The company has a market cap of $140.05 billion, a PE ratio of -10.14 and a beta of 1.41.

Boeing (NYSE:BA - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share for the quarter, topping the consensus estimate of ($1.39) by $0.90. The business had revenue of $19.50 billion during the quarter, compared to analysts' expectations of $19.57 billion. During the same period in the previous year, the company posted ($1.13) EPS. Boeing's revenue for the quarter was up 17.7% on a year-over-year basis. Equities research analysts expect that The Boeing Company will post -2.58 EPS for the current year.

Analysts Set New Price Targets

BA has been the subject of a number of analyst reports. TD Securities reaffirmed a "buy" rating and issued a $180.00 price target on shares of Boeing in a report on Thursday, April 24th. Melius raised Boeing from a "hold" rating to a "buy" rating in a research note on Monday, March 24th. Morgan Stanley boosted their target price on Boeing from $175.00 to $185.00 and gave the company an "equal weight" rating in a research report on Thursday, April 24th. Cowen restated a "buy" rating on shares of Boeing in a research report on Wednesday. Finally, Royal Bank of Canada reiterated an "outperform" rating and set a $200.00 price objective on shares of Boeing in a research report on Wednesday, April 23rd. Two analysts have rated the stock with a sell rating, four have issued a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $200.90.

Insider Activity

In other news, EVP David Christopher Raymond sold 3,899 shares of the company's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $187.01, for a total transaction of $729,151.99. Following the transaction, the executive vice president now owns 42,513 shares in the company, valued at $7,950,356.13. This represents a 8.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Uma M. Amuluru sold 3,159 shares of the stock in a transaction that occurred 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 completion of the transaction, the executive vice president now directly owns 19,213 shares of the company's stock, valued at $3,471,596.97. The trade was a 14.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.09% of the company's stock.

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.