Personal CFO Solutions LLC Grows Stock Holdings in The Boeing Company (NYSE:BA)

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

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BA. Wood Tarver Financial Group LLC raised its position in Boeing by 14.3% during the first quarter. Wood Tarver Financial Group LLC now owns 439 shares of the aircraft producer's stock valued at $75,000 after purchasing an additional 55 shares in the last quarter. Byrne Financial Freedom LLC lifted its position in shares of Boeing by 3.0% during the 1st quarter. Byrne Financial Freedom LLC now owns 1,993 shares of the aircraft producer's stock worth $340,000 after buying an additional 58 shares during the last quarter. Trek Financial LLC lifted its position in shares of Boeing by 2.7% during the 4th quarter. Trek Financial LLC now owns 2,307 shares of the aircraft producer's stock worth $408,000 after buying an additional 60 shares during the last quarter. Colonial Trust Co SC boosted its stake in Boeing by 6.1% in the fourth quarter. Colonial Trust Co SC now owns 1,042 shares of the aircraft producer's stock valued at $184,000 after buying an additional 60 shares in the last quarter. Finally, Mattern Wealth Management LLC grew its position in Boeing by 4.9% in the first quarter. Mattern Wealth Management LLC now owns 1,311 shares of the aircraft producer's stock valued at $224,000 after acquiring an additional 61 shares during the last quarter. 64.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on BA. Jefferies Financial Group raised their price target on shares of Boeing from $230.00 to $250.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. TD Securities cut shares of Boeing to a "cautious" rating in a research note on Thursday, May 22nd. Citigroup reiterated a "buy" rating on shares of Boeing in a research note on Thursday, May 22nd. Morgan Stanley set a $200.00 price objective on Boeing and gave the stock an "equal weight" rating in a research report on Thursday, June 12th. Finally, Melius upgraded Boeing from a "hold" rating to a "buy" rating in a research report on Monday, March 24th. Four investment analysts have rated the stock with a sell rating, three have given a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $216.32.

Insider Buying and Selling

In other Boeing news, SVP Brendan J. Nelson sold 640 shares of the business's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $206.28, for a total value of $132,019.20. Following the transaction, the senior vice president owned 13,258 shares of the company's stock, valued at approximately $2,734,860.24. The trade was a 4.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP David Christopher Raymond sold 3,899 shares of the firm'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 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 disclosure for this sale can be found here. Insiders have sold a total of 7,744 shares of company stock worth $1,511,370 in the last ninety days. Corporate insiders own 0.09% of the company's stock.

Boeing Trading Up 3.6%

NYSE BA traded up $7.93 on Wednesday, hitting $226.45. 16,451,827 shares of the company were exchanged, compared to its average volume of 9,519,935. The company has a market cap of $170.75 billion, a PE ratio of -12.64 and a beta of 1.41. The stock has a fifty day moving average of $204.45 and a 200-day moving average of $182.30. The Boeing Company has a 12 month low of $128.88 and a 12 month high of $230.14.

Boeing (NYSE:BA - Get Free Report) last issued its 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 firm had revenue of $19.50 billion during the quarter, compared to analyst estimates of $19.57 billion. During the same quarter in the prior year, the business earned ($1.13) earnings per share. The business's quarterly revenue was up 17.7% on a year-over-year basis. On average, analysts expect that The Boeing Company will post -2.58 earnings per share for the current year.

About Boeing

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.