2,000 Shares in The Boeing Company (NYSE:BA) Purchased by Buffington Mohr McNeal

Buffington Mohr McNeal purchased a new position in shares of The Boeing Company (NYSE:BA - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 2,000 shares of the aircraft producer's stock, valued at approximately $341,000.

Several other institutional investors and hedge funds have also modified their holdings of BA. American National Bank & Trust grew its stake in shares of Boeing by 474.1% during the 1st quarter. American National Bank & Trust now owns 155 shares of the aircraft producer's stock valued at $26,000 after acquiring an additional 128 shares during the period. REAP Financial Group LLC raised its stake in Boeing by 60.2% during the 4th quarter. REAP Financial Group LLC now owns 173 shares of the aircraft producer's stock worth $31,000 after acquiring an additional 65 shares during the period. Dogwood Wealth Management LLC lifted its holdings in Boeing by 167.2% during 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 in the last quarter. Solstein Capital LLC bought a new position in shares of Boeing in the fourth quarter worth approximately $33,000. Finally, Heck Capital Advisors LLC bought a new position in shares of Boeing in the fourth quarter worth approximately $33,000. Hedge funds and other institutional investors own 64.82% of the company's stock.

Insider Buying and Selling at Boeing

In related news, EVP Jeffrey S. Shockey sold 3,205 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $202.87, for a total transaction of $650,198.35. Following the sale, the executive vice president owned 20,513 shares in the company, valued at approximately $4,161,472.31. This represents a 13.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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 sale, the senior vice president owned 13,258 shares of the company's stock, valued at approximately $2,734,860.24. This represents a 4.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 7,744 shares of company stock worth $1,511,370 over the last ninety days. Company insiders own 0.09% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on BA shares. Susquehanna restated a "positive" rating and set a $240.00 price objective (up from $205.00) on shares of Boeing in a research report on Wednesday, May 14th. Jefferies Financial Group increased their price target on Boeing from $230.00 to $250.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. Morgan Stanley set a $200.00 price target on Boeing and gave the company an "equal weight" rating in a report on Thursday, June 12th. Royal Bank Of Canada restated a "cautious" rating on shares of Boeing in a research report on Thursday, June 12th. Finally, TD Securities cut Boeing to a "cautious" rating in a research report on Thursday, May 22nd. Four research analysts have rated the stock with a sell rating, three have given a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Boeing has a consensus rating of "Moderate Buy" and an average price target of $215.77.

Boeing Stock Performance

Shares of NYSE:BA traded up $3.72 on Friday, reaching $215.75. The company's stock had a trading volume of 4,476,122 shares, compared to its average volume of 9,497,060. The company has a 50-day simple moving average of $202.13 and a 200 day simple moving average of $181.45. The Boeing Company has a 52-week low of $128.88 and a 52-week high of $218.80. The company has a market cap of $162.68 billion, a P/E ratio of -12.04 and a beta of 1.41.

Boeing (NYSE:BA - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) 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. The firm's revenue was up 17.7% on a year-over-year basis. During the same period in the previous year, the business posted ($1.13) EPS. On average, equities research analysts forecast that The Boeing Company will post -2.58 EPS for the current fiscal 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.