3,240 Shares in The Boeing Company (NYSE:BA) Bought by Brooklyn FI LLC

Brooklyn FI LLC purchased a new position in shares of The Boeing Company (NYSE:BA - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,240 shares of the aircraft producer's stock, valued at approximately $573,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Sierra Ocean LLC purchased a new stake in Boeing during the 4th quarter worth approximately $26,000. Fiduciary Advisors Inc. purchased a new position in Boeing in the fourth quarter valued at approximately $28,000. HighMark Wealth Management LLC raised its holdings in Boeing by 121.6% during the fourth quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer's stock worth $29,000 after purchasing an additional 90 shares in the last quarter. REAP Financial Group LLC raised its holdings in Boeing by 60.2% during the fourth quarter. REAP Financial Group LLC now owns 173 shares of the aircraft producer's stock worth $31,000 after purchasing an additional 65 shares in the last quarter. Finally, Anfield Capital Management LLC lifted its position in shares of Boeing by 113.1% during 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 during the last quarter. Institutional investors and hedge funds own 64.82% of the company's stock.

Insider Activity

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

Analyst Ratings Changes

Several analysts recently commented on BA shares. Cowen reiterated a "buy" rating on shares of Boeing in a research report on Wednesday, May 7th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $200.00 price target on shares of Boeing in a research note on Wednesday, April 23rd. Citigroup reissued a "buy" rating on shares of Boeing in a research report on Thursday, May 22nd. Melius raised Boeing from a "hold" rating to a "buy" rating in a research report on Monday, March 24th. Finally, Sanford C. Bernstein upgraded Boeing from a "market perform" rating to an "outperform" rating and raised their price objective for the stock from $181.00 to $218.00 in a report on Monday, April 28th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $204.35.

Boeing Trading Down 1.0%

BA stock traded down $2.07 during trading hours on Friday, hitting $206.11. 3,473,653 shares of the stock traded hands, compared to its average volume of 8,677,028. The stock has a 50-day simple moving average of $178.34 and a 200 day simple moving average of $171.80. The company has a market cap of $155.41 billion, a P/E ratio of -11.26 and a beta of 1.41. The Boeing Company has a one year low of $128.88 and a one year high of $212.28.

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, topping the consensus estimate of ($1.39) by $0.90. The business had revenue of $19.50 billion during the quarter, compared to analyst estimates of $19.57 billion. During the same period in the prior year, the firm earned ($1.13) EPS. The business's revenue for the quarter was up 17.7% on a year-over-year basis. Analysts forecast that The Boeing Company will post -2.58 earnings per share for the current year.

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.