Guerra Pan Advisors LLC Purchases 1,363 Shares of The Boeing Company (NYSE:BA)

Guerra Pan Advisors LLC increased its stake in The Boeing Company (NYSE:BA - Free Report) by 11.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,084 shares of the aircraft producer's stock after buying an additional 1,363 shares during the period. Boeing accounts for 1.8% of Guerra Pan Advisors LLC's portfolio, making the stock its 18th largest position. Guerra Pan Advisors LLC's holdings in Boeing were worth $2,231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Amundi increased its stake in shares of Boeing by 473.6% in the 4th quarter. Amundi now owns 1,565,337 shares of the aircraft producer's stock worth $268,862,000 after acquiring an additional 1,292,417 shares in the last quarter. KKM Financial LLC grew its holdings in Boeing by 50.8% in the fourth quarter. KKM Financial LLC now owns 15,368 shares of the aircraft producer's stock worth $2,720,000 after purchasing an additional 5,175 shares during the period. Wynn Capital LLC purchased a new stake in Boeing in the first quarter worth about $584,000. Grant Private Wealth Management Inc bought a new position in shares of Boeing during the fourth quarter valued at approximately $903,000. Finally, Advanced Portfolio Management LLC lifted its holdings in shares of Boeing by 182.2% during the fourth quarter. Advanced Portfolio Management LLC now owns 15,000 shares of the aircraft producer's stock valued at $2,655,000 after purchasing an additional 9,684 shares during the last quarter. 64.82% of the stock is owned by institutional investors.

Boeing Price Performance

Boeing stock traded up $3.72 during mid-day trading on Friday, reaching $215.75. 4,476,122 shares of the stock traded hands, compared to its average volume of 9,472,233. The Boeing Company has a 12-month low of $128.88 and a 12-month high of $218.80. The business's 50-day moving average is $201.38 and its 200-day moving average is $181.06. The stock has a market capitalization of $162.68 billion, a PE ratio of -12.04 and a beta of 1.41.

Boeing (NYSE:BA - Get Free Report) last released its quarterly earnings results 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 firm had revenue of $19.50 billion for the quarter, compared to the consensus estimate of $19.57 billion. During the same quarter in the prior year, the firm earned ($1.13) earnings per share. The company's revenue for the quarter was up 17.7% compared to the same quarter last year. Equities analysts anticipate that The Boeing Company will post -2.58 EPS for the current fiscal year.

Insider Activity at Boeing

In other Boeing news, EVP David Christopher Raymond sold 3,899 shares of the stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $187.01, for a total value of $729,151.99. Following the transaction, the executive vice president directly owned 42,513 shares in the company, valued at approximately $7,950,356.13. This trade represents a 8.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Jeffrey S. Shockey sold 3,205 shares of the business's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $202.87, for a total transaction of $650,198.35. Following the sale, the executive vice president directly owned 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. Over the last ninety days, insiders sold 7,744 shares of company stock worth $1,511,370. 0.09% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms recently weighed in on BA. Citigroup restated a "buy" rating on shares of Boeing in a research note on Thursday, May 22nd. Cowen reissued a "buy" rating on shares of Boeing in a report on Wednesday, May 7th. Wells Fargo & Company reissued an "underweight" rating on shares of Boeing in a research note on Thursday, May 22nd. Benchmark lowered their price target on Boeing from $250.00 to $215.00 and set a "buy" rating for the company in a research report on Monday, April 21st. Finally, Bank of America upgraded shares of Boeing from a "neutral" rating to a "buy" rating and upped their price target for the stock from $185.00 to $260.00 in a research note on Monday, June 2nd. Four research analysts have rated the stock with a sell rating, three have given a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $215.77.

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.