Personal CFO Solutions LLC Acquires 1,846 Shares of The Boeing Company (NYSE:BA)

Personal CFO Solutions LLC boosted its position in The Boeing Company (NYSE:BA - Free Report) by 12.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,158 shares of the aircraft producer's stock after buying an additional 1,846 shares during the period. Personal CFO Solutions LLC's holdings in Boeing were worth $2,756,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. American National Bank & Trust raised its holdings in shares of Boeing by 474.1% in the 1st quarter. American National Bank & Trust now owns 155 shares of the aircraft producer's stock worth $26,000 after acquiring an additional 128 shares during the last quarter. REAP Financial Group LLC grew its position in shares of Boeing by 60.2% during the 4th quarter. REAP Financial Group LLC now owns 173 shares of the aircraft producer's stock valued at $31,000 after acquiring an additional 65 shares during the period. Dogwood Wealth Management LLC grew its position in shares of Boeing by 167.2% during the 4th quarter. Dogwood Wealth Management LLC now owns 179 shares of the aircraft producer's stock valued at $32,000 after acquiring an additional 112 shares during the period. Solstein Capital LLC bought a new position in shares of Boeing during the 4th quarter valued at approximately $33,000. Finally, Heck Capital Advisors LLC bought a new position in Boeing in the 4th quarter worth approximately $33,000. Institutional investors and hedge funds own 64.82% of the company's stock.

Insider Activity

In other news, EVP David Christopher Raymond sold 3,899 shares of Boeing stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $187.01, for a total transaction of $729,151.99. Following the sale, the executive vice president owned 42,513 shares of the company's stock, valued at approximately $7,950,356.13. The trade was a 8.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Jeffrey S. Shockey sold 3,205 shares of Boeing stock in a transaction dated 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 in the company, valued at $4,161,472.31. The trade was a 13.51% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,744 shares of company stock valued at $1,511,370. Corporate insiders own 0.09% of the company's stock.

Boeing Stock Down 0.2%

Shares of BA traded down $0.52 during trading hours on Thursday, reaching $226.08. 6,059,406 shares of the company traded hands, compared to its average volume of 9,506,131. The company's fifty day moving average price is $204.45 and its two-hundred day moving average price is $182.30. The company has a market capitalization of $170.47 billion, a price-to-earnings ratio of -12.62 and a beta of 1.41. The Boeing Company has a 12 month low of $128.88 and a 12 month high of $230.20.

Boeing (NYSE:BA - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share for the quarter, beating analysts' consensus estimates of ($1.39) by $0.90. The company had revenue of $19.50 billion for the quarter, compared to the consensus estimate of $19.57 billion. The company's revenue for the quarter was up 17.7% on a year-over-year basis. During the same period in the previous year, the firm posted ($1.13) EPS. On average, analysts expect that The Boeing Company will post -2.58 EPS for the current year.

Analyst Ratings Changes

BA has been the subject of several analyst reports. The Goldman Sachs Group set a $212.00 price objective on shares of Boeing and gave the stock a "buy" rating in a report on Thursday, June 12th. UBS Group increased their target price on shares of Boeing from $207.00 to $226.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. Bank of America upgraded shares of Boeing from a "neutral" rating to a "buy" rating and increased their target price for the stock from $185.00 to $260.00 in a research note on Monday, June 2nd. Cowen reiterated a "buy" rating on shares of Boeing in a research note on Wednesday, May 7th. Finally, Rothschild & Co Redburn upgraded shares of Boeing from a "neutral" rating to a "buy" rating and set a $275.00 price objective on the stock in a research report on Friday, June 27th. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $216.32.

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.