The Boeing Company (NYSE:BA) Shares Bought by Amundi

Amundi increased its position in shares of The Boeing Company (NYSE:BA - Free Report) by 473.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,565,337 shares of the aircraft producer's stock after buying an additional 1,292,417 shares during the quarter. Amundi owned about 0.25% of Boeing worth $268,862,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in BA. Principal Financial Group Inc. grew its holdings in shares of Boeing by 6.1% during the third quarter. Principal Financial Group Inc. now owns 666,244 shares of the aircraft producer's stock worth $101,296,000 after buying an additional 38,332 shares during the last quarter. Equitable Trust Co. lifted its position in Boeing by 810.6% during the 3rd quarter. Equitable Trust Co. now owns 25,133 shares of the aircraft producer's stock worth $3,821,000 after acquiring an additional 22,373 shares during the period. CWA Asset Management Group LLC purchased a new position in shares of Boeing in the 3rd quarter valued at approximately $334,000. SpiderRock Advisors LLC increased its holdings in shares of Boeing by 49.0% in the third quarter. SpiderRock Advisors LLC now owns 86,115 shares of the aircraft producer's stock valued at $13,093,000 after purchasing an additional 28,317 shares during the period. Finally, Shoker Investment Counsel Inc. increased its holdings in shares of Boeing by 3.9% in the third quarter. Shoker Investment Counsel Inc. now owns 2,783 shares of the aircraft producer's stock valued at $423,000 after purchasing an additional 104 shares during the period. Institutional investors and hedge funds own 64.82% of the company's stock.

Wall Street Analyst Weigh In

BA has been the topic of a number of analyst reports. UBS Group lifted their price objective on shares of Boeing from $208.00 to $217.00 and gave the company a "buy" rating in a research report on Wednesday, January 29th. Wells Fargo & Company boosted their price target on shares of Boeing from $85.00 to $103.00 and gave the stock an "underweight" rating in a research note on Wednesday, January 29th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Boeing from $184.00 to $215.00 and gave the company a "buy" rating in a research report on Thursday, January 2nd. JPMorgan Chase & Co. boosted their target price on Boeing from $190.00 to $200.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 29th. Finally, Barclays raised Boeing from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $190.00 to $210.00 in a report on Monday, January 6th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $195.16.

Boeing Stock Up 3.3 %

Shares of BA traded up $5.02 during mid-day trading on Wednesday, reaching $159.08. 8,698,593 shares of the company's stock were exchanged, compared to its average volume of 8,709,116. The Boeing Company has a 52-week low of $137.03 and a 52-week high of $196.95. The company has a market cap of $119.32 billion, a price-to-earnings ratio of -8.68 and a beta of 1.53. The company has a 50-day simple moving average of $174.00 and a two-hundred day simple moving average of $163.83.

Boeing (NYSE:BA - Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share for the quarter, missing analysts' consensus estimates of ($1.60) by ($4.30). During the same period in the prior year, the business earned ($0.47) earnings per share. As a group, equities research analysts predict that The Boeing Company will post -2.58 EPS for the current fiscal year.

Insider Activity at Boeing

In other Boeing news, EVP Uma M. Amuluru sold 3,159 shares of the business's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $180.69, for a total value of $570,799.71. Following the completion of the transaction, the executive vice president now directly owns 19,213 shares in the company, valued at approximately $3,471,596.97. The trade was a 14.12 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.16% of the stock is currently owned by corporate insiders.

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.