1,770 Shares in The Boeing Company (NYSE:BA) Acquired by Chancellor Financial Group WB LP

Chancellor Financial Group WB LP bought a new position in shares of The Boeing Company (NYSE:BA - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 1,770 shares of the aircraft producer's stock, valued at approximately $313,000.

Other large investors also recently bought and sold shares of the company. Amundi increased its position in Boeing by 473.6% in the 4th quarter. Amundi now owns 1,565,337 shares of the aircraft producer's stock valued at $268,862,000 after acquiring an additional 1,292,417 shares during the period. KKM Financial LLC increased its position in Boeing by 50.8% in the 4th quarter. KKM Financial LLC now owns 15,368 shares of the aircraft producer's stock valued at $2,720,000 after acquiring an additional 5,175 shares during the period. Grant Private Wealth Management Inc acquired a new stake in Boeing in the 4th quarter valued at approximately $903,000. Tandem Capital Management Corp ADV increased its position in Boeing by 65.2% in the 4th quarter. Tandem Capital Management Corp ADV now owns 13,815 shares of the aircraft producer's stock valued at $2,445,000 after acquiring an additional 5,451 shares during the period. Finally, Winslow Asset Management Inc. increased its position in Boeing by 8.2% in the 4th quarter. Winslow Asset Management Inc. now owns 40,761 shares of the aircraft producer's stock valued at $7,215,000 after acquiring an additional 3,096 shares during the period. Institutional investors own 64.82% of the company's stock.

Analyst Upgrades and Downgrades

BA has been the topic of several analyst reports. Royal Bank of Canada restated an "outperform" rating and issued a $200.00 target price on shares of Boeing in a research report on Wednesday, April 23rd. Melius upgraded Boeing from a "hold" rating to a "buy" rating in a research report on Monday, March 24th. Wall Street Zen cut Boeing from a "hold" rating to a "sell" rating in a research report on Saturday, May 17th. Citigroup reiterated a "buy" rating on shares of Boeing in a research report on Thursday, May 22nd. Finally, TD Securities cut Boeing to a "cautious" rating in a research report on Thursday, May 22nd. Three analysts have rated the stock with a sell rating, four have assigned a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $204.35.

Insider Buying and Selling at Boeing

In related news, SVP Brendan J. Nelson sold 640 shares of the business's stock in a transaction that occurred 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 of the company's stock, valued at approximately $2,734,860.24. The trade was a 4.60% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Jeffrey S. Shockey sold 3,205 shares of the business's stock in a transaction that occurred 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 completion of the sale, the executive vice president now directly owns 20,513 shares of the company's stock, valued at approximately $4,161,472.31. The trade was a 13.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,744 shares of company stock valued at $1,511,370 in the last 90 days. 0.09% of the stock is currently owned by corporate insiders.

Boeing Trading Down 0.5%

NYSE:BA traded down $1.12 on Friday, hitting $207.06. 7,476,210 shares of the company's stock traded hands, compared to its average volume of 9,222,262. The Boeing Company has a 1 year low of $128.88 and a 1 year high of $212.28. The firm has a 50-day moving average price of $178.83 and a 200-day moving average price of $172.23. The company has a market cap of $156.12 billion, a PE ratio of -11.30 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, beating the consensus estimate of ($1.39) by $0.90. The business had revenue of $19.50 billion for the quarter, compared to analysts' expectations of $19.57 billion. During the same period last year, the firm earned ($1.13) EPS. The company's revenue was up 17.7% compared to the same quarter last year. On average, 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.