19,087 Shares in The Boeing Company (NYSE:BA) Bought by Mirador Capital Partners LP

Mirador Capital Partners LP purchased a new position in shares of The Boeing Company (NYSE:BA - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 19,087 shares of the aircraft producer's stock, valued at approximately $3,255,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Amundi raised its stake in Boeing by 473.6% during the fourth quarter. Amundi now owns 1,565,337 shares of the aircraft producer's stock worth $268,862,000 after purchasing an additional 1,292,417 shares during the period. KKM Financial LLC raised its stake in Boeing by 50.8% during 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. Grant Private Wealth Management Inc purchased a new position in Boeing during the fourth quarter worth about $903,000. Tandem Capital Management Corp ADV raised its stake in shares of 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. raised its stake in shares of 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. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Citigroup reissued a "buy" rating on shares of Boeing in a research note on Thursday, May 22nd. Melius raised shares of Boeing from a "hold" rating to a "buy" rating in a research note on Monday, March 24th. Bank of America raised shares of Boeing from a "neutral" rating to a "buy" rating and boosted their price target for the company from $185.00 to $260.00 in a research note on Monday. Melius Research set a $204.00 price target on shares of Boeing in a research note on Monday, March 24th. Finally, TD Securities downgraded shares of Boeing to a "cautious" rating in a research note on Thursday, May 22nd. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Boeing presently has a consensus rating of "Moderate Buy" and an average price target of $207.35.

Boeing Stock Performance

Shares of NYSE:BA traded up $4.10 during trading hours on Monday, reaching $211.42. The stock had a trading volume of 7,554,062 shares, compared to its average volume of 9,229,073. The Boeing Company has a 1 year low of $128.88 and a 1 year high of $212.30. The firm's 50 day moving average is $178.83 and its 200-day moving average is $172.69. The stock has a market capitalization of $159.41 billion, a price-to-earnings ratio of -11.54 and a beta of 1.41.

Boeing (NYSE:BA - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $19.50 billion during the quarter, compared to analysts' expectations of $19.57 billion. During the same period in the prior year, the company posted ($1.13) earnings per share. The company's revenue for the quarter was up 17.7% on a year-over-year basis. Analysts forecast that The Boeing Company will post -2.58 EPS for the current year.

Insider Activity

In other news, EVP David Christopher Raymond sold 3,899 shares of the company's stock in a transaction 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 completion of the transaction, the executive vice president now owns 42,513 shares in the company, valued at approximately $7,950,356.13. This represents a 8.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Brendan J. Nelson sold 640 shares of the stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $206.28, for a total transaction of $132,019.20. Following the sale, the senior vice president now owns 13,258 shares of the company's stock, valued at approximately $2,734,860.24. This represents a 4.60% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,744 shares of company stock worth $1,511,370. Corporate insiders own 0.09% of the company's stock.

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.