Axa S.A. Has $463,000 Holdings in The Boeing Company (NYSE:BA)

Axa S.A. trimmed its position in shares of The Boeing Company (NYSE:BA - Free Report) by 59.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,614 shares of the aircraft producer's stock after selling 3,773 shares during the quarter. Axa S.A.'s holdings in Boeing were worth $463,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. AdvisorNet Financial Inc grew its holdings in Boeing by 54.2% during the fourth quarter. AdvisorNet Financial Inc now owns 2,021 shares of the aircraft producer's stock worth $358,000 after buying an additional 710 shares in the last quarter. Carnegie Investment Counsel raised its holdings in shares of Boeing by 175.6% in the fourth quarter. Carnegie Investment Counsel now owns 4,619 shares of the aircraft producer's stock valued at $818,000 after purchasing an additional 2,943 shares during the last quarter. Principal Financial Group Inc. lifted its position 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 valued at $101,296,000 after purchasing an additional 38,332 shares in the last quarter. Amundi boosted its holdings in Boeing by 473.6% during the fourth quarter. Amundi now owns 1,565,337 shares of the aircraft producer's stock worth $268,862,000 after purchasing an additional 1,292,417 shares during the last quarter. Finally, EWG Elevate Inc. bought a new stake in Boeing in the 4th quarter worth about $848,000. 64.82% of the stock is currently owned by institutional investors.

Insider Activity at Boeing

In other Boeing news, EVP Uma M. Amuluru sold 3,159 shares of the business's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $180.69, for a total value of $570,799.71. Following the transaction, the executive vice president now owns 19,213 shares in the company, valued at approximately $3,471,596.97. The trade was a 14.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP David Christopher Raymond sold 3,899 shares of the stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $187.01, for a total transaction of $729,151.99. Following the sale, the executive vice president now owns 42,513 shares of the company's stock, valued at approximately $7,950,356.13. This represents a 8.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.09% of the stock is owned by insiders.

Boeing Stock Performance

Shares of NYSE:BA opened at $194.53 on Friday. The firm has a fifty day moving average of $167.01 and a 200 day moving average of $166.84. The Boeing Company has a 52-week low of $128.88 and a 52-week high of $196.95. The firm has a market capitalization of $146.68 billion, a PE ratio of -10.62 and a beta of 1.41.

Boeing (NYSE:BA - Get Free Report) last released its earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share for the quarter, topping analysts' consensus estimates of ($1.39) by $0.90. The firm had revenue of $19.50 billion during the quarter, compared to the consensus estimate of $19.57 billion. During the same quarter in the previous year, the firm earned ($1.13) EPS. The business's quarterly revenue was up 17.7% compared to the same quarter last year. On average, sell-side analysts forecast that The Boeing Company will post -2.58 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on BA shares. 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 note on Wednesday, January 29th. Morgan Stanley upped their price objective on Boeing from $175.00 to $185.00 and gave the company an "equal weight" rating in a research note on Thursday, April 24th. Sanford C. Bernstein upgraded Boeing from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $181.00 to $218.00 in a research note on Monday, April 28th. UBS Group increased their price target on shares of Boeing from $207.00 to $226.00 and gave the company a "buy" rating in a research report on Friday. Finally, Melius raised shares of Boeing from a "hold" rating to a "buy" rating in a research report on Monday, March 24th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $201.85.

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.

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