The Boeing Company (NYSE:BA) Stock Position Lifted by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lifted its position in shares of The Boeing Company (NYSE:BA - Free Report) by 113.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,915 shares of the aircraft producer's stock after acquiring an additional 26,550 shares during the period. J.W. Cole Advisors Inc.'s holdings in Boeing were worth $8,513,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Boeing by 24.4% during the 4th quarter. Vanguard Group Inc. now owns 64,442,717 shares of the aircraft producer's stock worth $11,406,361,000 after buying an additional 12,641,715 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Boeing by 29.5% during the 4th quarter. Geode Capital Management LLC now owns 15,171,869 shares of the aircraft producer's stock worth $2,677,170,000 after buying an additional 3,452,075 shares during the last quarter. Northern Trust Corp lifted its position in shares of Boeing by 33.6% during the 4th quarter. Northern Trust Corp now owns 6,504,610 shares of the aircraft producer's stock worth $1,151,316,000 after buying an additional 1,634,231 shares during the last quarter. Castlekeep Investment Advisors LLC bought a new stake in shares of Boeing during the 4th quarter worth $568,000. Finally, Alyeska Investment Group L.P. bought a new stake in shares of Boeing during the 4th quarter worth $526,889,000. Institutional investors own 64.82% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Wells Fargo & Company restated an "underweight" rating on shares of Boeing in a research report on Thursday, May 22nd. Morgan Stanley raised their price objective on Boeing from $200.00 to $235.00 and gave the company an "equal weight" rating in a research note on Thursday, July 17th. JPMorgan Chase & Co. boosted their price objective on Boeing from $200.00 to $230.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. Cowen reissued a "buy" rating on shares of Boeing in a research report on Wednesday, May 7th. Finally, UBS Group boosted their price objective on Boeing from $207.00 to $226.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $221.55.

Boeing Stock Performance

BA stock traded down $0.04 during trading on Tuesday, reaching $229.28. 3,485,166 shares of the company were exchanged, compared to its average volume of 9,551,785. The company has a market cap of $172.88 billion, a P/E ratio of -12.79 and a beta of 1.41. The Boeing Company has a 52-week low of $128.88 and a 52-week high of $233.61. The stock's 50 day moving average price is $210.26 and its 200 day moving average price is $184.87.

Boeing (NYSE:BA - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) EPS for the quarter, beating 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. The firm's revenue for the quarter was up 17.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($1.13) earnings per share. As a group, equities research analysts forecast that The Boeing Company will post -2.58 EPS for the current year.

Insider Transactions at Boeing

In other news, EVP David Christopher Raymond sold 3,899 shares of the firm's stock in a transaction dated 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Brendan J. Nelson sold 640 shares of the firm's stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $206.28, for a total transaction of $132,019.20. Following the completion of the transaction, the senior vice president owned 13,258 shares in the company, valued at approximately $2,734,860.24. The trade was a 4.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,744 shares of company stock valued at $1,511,370 over the last 90 days. Corporate insiders own 0.09% of the company's stock.

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.