Robeco Institutional Asset Management B.V. Has $2.38 Million Holdings in The Boeing Company (NYSE:BA)

Robeco Institutional Asset Management B.V. grew its position in The Boeing Company (NYSE:BA - Free Report) by 101.1% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 13,929 shares of the aircraft producer's stock after buying an additional 7,002 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Boeing were worth $2,376,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. American National Bank & Trust boosted its holdings in Boeing by 474.1% during the first quarter. American National Bank & Trust now owns 155 shares of the aircraft producer's stock worth $26,000 after buying an additional 128 shares during the last quarter. REAP Financial Group LLC increased its stake in Boeing by 60.2% during the 4th quarter. REAP Financial Group LLC now owns 173 shares of the aircraft producer's stock worth $31,000 after purchasing an additional 65 shares in the last quarter. Dogwood Wealth Management LLC raised its holdings in Boeing by 167.2% during the 4th quarter. Dogwood Wealth Management LLC now owns 179 shares of the aircraft producer's stock worth $32,000 after buying an additional 112 shares during the period. Solstein Capital LLC acquired a new stake in shares of Boeing during the fourth quarter worth $33,000. Finally, Heck Capital Advisors LLC bought a new stake in shares of Boeing in the fourth quarter valued at about $33,000. Institutional investors own 64.82% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on BA. Wall Street Zen cut shares of Boeing from a "hold" rating to a "sell" rating in a research note on Saturday, May 17th. Wells Fargo & Company reissued an "underweight" rating on shares of Boeing in a report on Thursday, May 22nd. Jefferies Financial Group boosted their target price on shares of Boeing from $230.00 to $250.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. The Goldman Sachs Group set a $212.00 price objective on Boeing and gave the company a "buy" rating in a research note on Thursday, June 12th. Finally, UBS Group lifted their target price on Boeing from $207.00 to $226.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. Four research 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 stock. Based on data from MarketBeat.com, Boeing presently has a consensus rating of "Moderate Buy" and an average target price of $215.77.

Boeing Stock Up 1.0%

Shares of NYSE:BA traded up $2.11 during midday trading on Wednesday, hitting $211.90. The stock had a trading volume of 5,864,370 shares, compared to its average volume of 9,443,994. The company's 50-day moving average price is $199.80 and its 200-day moving average price is $180.55. The Boeing Company has a fifty-two week low of $128.88 and a fifty-two week high of $218.80. The company has a market capitalization of $159.77 billion, a P/E ratio of -11.82 and a beta of 1.41.

Boeing (NYSE:BA - Get Free Report) last issued 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 business had revenue of $19.50 billion during the quarter, compared to analyst estimates of $19.57 billion. During the same period in the prior year, the business posted ($1.13) EPS. The company's revenue for the quarter was up 17.7% compared to the same quarter last year. Research analysts expect that The Boeing Company will post -2.58 EPS for the current fiscal year.

Insider Transactions at Boeing

In related news, EVP Jeffrey S. Shockey sold 3,205 shares of Boeing stock in a transaction that occurred on 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 of the company's stock, valued at approximately $4,161,472.31. The trade was a 13.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP David Christopher Raymond sold 3,899 shares of the company's stock in a transaction 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 transaction, the executive vice president owned 42,513 shares of the company's stock, valued at $7,950,356.13. This trade represents a 8.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 7,744 shares of company stock valued at $1,511,370. 0.09% of the stock is currently owned by insiders.

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.