1,661 Shares in The Boeing Company (NYSE:BA) Acquired by Phil A. Younker & Associates Ltd.

Phil A. Younker & Associates Ltd. bought a new position in shares of The Boeing Company (NYSE:BA - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,661 shares of the aircraft producer's stock, valued at approximately $283,000. Boeing makes up 0.3% of Phil A. Younker & Associates Ltd.'s investment portfolio, making the stock its 26th biggest holding.

A number of other large investors have also bought and sold shares of BA. American National Bank & Trust raised its holdings in shares of Boeing by 474.1% in the first quarter. American National Bank & Trust now owns 155 shares of the aircraft producer's stock valued at $26,000 after purchasing an additional 128 shares during the last quarter. REAP Financial Group LLC raised its holdings in shares of Boeing by 60.2% in the fourth quarter. REAP Financial Group LLC now owns 173 shares of the aircraft producer's stock valued at $31,000 after purchasing an additional 65 shares during the last quarter. Dogwood Wealth Management LLC raised its holdings in shares of Boeing by 167.2% in the fourth quarter. Dogwood Wealth Management LLC now owns 179 shares of the aircraft producer's stock valued at $32,000 after purchasing an additional 112 shares during the last quarter. Solstein Capital LLC acquired a new stake in shares of Boeing in the fourth quarter valued at approximately $33,000. Finally, Heck Capital Advisors LLC acquired a new stake in shares of Boeing in the fourth quarter valued at approximately $33,000. 64.82% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Jeffrey S. Shockey sold 3,205 shares of the firm's stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $202.87, for a total value of $650,198.35. Following the transaction, the executive vice president owned 20,513 shares in the company, valued at approximately $4,161,472.31. This trade represents a 13.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Brendan J. Nelson sold 640 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $206.28, for a total value of $132,019.20. Following the completion of the transaction, the senior vice president owned 13,258 shares in the company, valued at $2,734,860.24. The trade was a 4.60% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 7,744 shares of company stock worth $1,511,370 in the last 90 days. Company insiders own 0.09% of the company's stock.

Boeing Price Performance

BA stock opened at $215.75 on Friday. The stock has a market capitalization of $162.68 billion, a price-to-earnings ratio of -12.04 and a beta of 1.41. The business's fifty day moving average price is $202.13 and its two-hundred day moving average price is $181.36. The Boeing Company has a fifty-two week low of $128.88 and a fifty-two week high of $218.80.

Boeing (NYSE:BA - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $19.50 billion for the quarter, compared to the consensus estimate of $19.57 billion. The firm's quarterly revenue was up 17.7% on a year-over-year basis. During the same quarter in the previous year, the business earned ($1.13) EPS. Research analysts expect that The Boeing Company will post -2.58 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on BA. Citigroup reiterated a "buy" rating on shares of Boeing in a report on Thursday, May 22nd. Jefferies Financial Group lifted their price objective on shares of Boeing from $230.00 to $250.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Redburn Atlantic upgraded shares of Boeing from a "hold" rating to a "strong-buy" rating and lifted their price objective for the company from $180.00 to $275.00 in a report on Friday, June 27th. Royal Bank Of Canada reiterated a "cautious" rating on shares of Boeing in a report on Thursday, June 12th. Finally, Melius Research set a $204.00 price objective on Boeing in a report on Monday, March 24th. Four analysts have rated the stock with a sell rating, three have issued a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Boeing currently has an average rating of "Moderate Buy" and a consensus price target of $215.77.

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.

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