Lighthouse Financial LLC Makes New $278,000 Investment in The Boeing Company (NYSE:BA)

Lighthouse Financial LLC 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 filing with the Securities & Exchange Commission. The firm bought 1,570 shares of the aircraft producer's stock, valued at approximately $278,000.

A number of other large investors also recently made changes to their positions in BA. Keynote Financial Services LLC lifted its holdings in shares of Boeing by 3.8% during the fourth quarter. Keynote Financial Services LLC now owns 1,542 shares of the aircraft producer's stock valued at $273,000 after purchasing an additional 57 shares during the last quarter. Chaney Capital Management Inc. lifted its holdings in shares of Boeing by 2.1% during the fourth quarter. Chaney Capital Management Inc. now owns 2,870 shares of the aircraft producer's stock valued at $508,000 after purchasing an additional 58 shares during the last quarter. Farmers & Merchants Investments Inc. lifted its holdings in shares of Boeing by 0.6% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 10,608 shares of the aircraft producer's stock valued at $1,878,000 after purchasing an additional 59 shares during the last quarter. Center for Financial Planning Inc. lifted its holdings in shares of Boeing by 12.0% during the fourth quarter. Center for Financial Planning Inc. now owns 562 shares of the aircraft producer's stock valued at $99,000 after purchasing an additional 60 shares during the last quarter. Finally, Trek Financial LLC lifted its holdings in shares of Boeing by 2.7% during the fourth quarter. Trek Financial LLC now owns 2,307 shares of the aircraft producer's stock valued at $408,000 after purchasing an additional 60 shares during the last quarter. Institutional investors own 64.82% of the company's stock.

Insider Transactions at Boeing

In other Boeing news, EVP David Christopher Raymond sold 3,899 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $187.01, for a total transaction of $729,151.99. Following the sale, the executive vice president now directly owns 42,513 shares in the company, valued at $7,950,356.13. This represents a 8.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Brendan J. Nelson sold 640 shares of the company's stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $206.28, for a total value of $132,019.20. Following the sale, the senior vice president now owns 13,258 shares in the company, valued at approximately $2,734,860.24. This trade represents a 4.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 7,744 shares of company stock valued at $1,511,370 over the last 90 days. Company insiders own 0.09% of the company's stock.

Boeing Stock Down 0.5%

NYSE:BA traded down $1.12 during mid-day trading on Friday, hitting $207.06. 7,476,210 shares of the company traded hands, compared to its average volume of 9,222,262. The stock's fifty day moving average price is $178.83 and its 200-day moving average price is $172.23. The Boeing Company has a one year low of $128.88 and a one year high of $212.28. The firm has a market cap of $156.12 billion, a price-to-earnings ratio of -11.30 and a beta of 1.41.

Boeing (NYSE:BA - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share for the quarter, topping 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 business's revenue was up 17.7% on a year-over-year basis. During the same period last year, the company earned ($1.13) EPS. Equities analysts predict that The Boeing Company will post -2.58 EPS for the current year.

Analyst Ratings Changes

A number of research firms have commented on BA. Melius Research set a $204.00 target price on Boeing in a report on Monday, March 24th. Cowen restated a "buy" rating on shares of Boeing in a research note on Wednesday, May 7th. TD Securities cut Boeing to a "cautious" rating in a research note on Thursday, May 22nd. Royal Bank of Canada restated an "outperform" rating and issued a $200.00 price target on shares of Boeing in a research note on Wednesday, April 23rd. Finally, Wall Street Zen cut Boeing from a "hold" rating to a "sell" rating in a research note on Saturday, May 17th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $204.35.

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.