Capitolis Liquid Global Markets LLC Buys New Position in The Boeing Company (NYSE:BA)

Capitolis Liquid Global Markets LLC acquired a new stake in The Boeing Company (NYSE:BA - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,000 shares of the aircraft producer's stock, valued at approximately $885,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Boeing by 24.4% during the fourth quarter. Vanguard Group Inc. now owns 64,442,717 shares of the aircraft producer's stock valued at $11,406,361,000 after purchasing an additional 12,641,715 shares during the period. Geode Capital Management LLC raised its stake in shares of Boeing by 29.5% in the 4th quarter. Geode Capital Management LLC now owns 15,171,869 shares of the aircraft producer's stock valued at $2,677,170,000 after buying an additional 3,452,075 shares in the last quarter. Northern Trust Corp raised its stake in shares of Boeing by 33.6% in the 4th quarter. Northern Trust Corp now owns 6,504,610 shares of the aircraft producer's stock valued at $1,151,316,000 after buying an additional 1,634,231 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Boeing by 3.4% during the 4th quarter. Fisher Asset Management LLC now owns 5,030,899 shares of the aircraft producer's stock worth $890,469,000 after acquiring an additional 164,042 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Boeing by 30.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,178,444 shares of the aircraft producer's stock valued at $739,585,000 after acquiring an additional 981,796 shares in the last quarter. Institutional investors and hedge funds own 64.82% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on BA shares. UBS Group raised their price target on shares of Boeing from $190.00 to $207.00 and gave the stock a "buy" rating in a research note on Thursday, April 24th. Wells Fargo & Company reiterated an "underweight" rating and issued a $140.00 price target (up from $111.00) on shares of Boeing in a research report on Wednesday, April 23rd. Cowen reissued a "buy" rating on shares of Boeing in a report on Wednesday. JPMorgan Chase & Co. upped their target price on shares of Boeing from $190.00 to $200.00 and gave the stock an "overweight" rating in a report on Wednesday, January 29th. Finally, StockNews.com raised shares of Boeing to a "sell" rating in a report on Thursday, April 24th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $200.90.

Boeing Stock Performance

Boeing stock traded up $6.23 during trading hours on Thursday, reaching $191.79. 15,330,692 shares of the company's stock traded hands, compared to its average volume of 9,065,984. The Boeing Company has a fifty-two week low of $128.88 and a fifty-two week high of $196.95. The firm's 50 day moving average is $165.87 and its 200-day moving average is $166.38. The firm has a market capitalization of $144.61 billion, a price-to-earnings ratio of -10.47 and a beta of 1.41.

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

Insider Buying and Selling

In related news, EVP David Christopher Raymond sold 3,899 shares of the stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $187.01, for a total transaction of $729,151.99. Following the completion of the sale, the executive vice president now directly owns 42,513 shares of the company's stock, valued at approximately $7,950,356.13. This represents a 8.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Uma M. Amuluru sold 3,159 shares of Boeing 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 in the company, valued at approximately $3,471,596.97. The trade was a 14.12 % decrease in their position. The disclosure for this sale can be found here. 0.09% of the stock is owned by insiders.

Boeing Company 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.