The Boeing Company (NYSE:BA) Stock Holdings Raised by Arkadios Wealth Advisors

Arkadios Wealth Advisors raised its position in shares of The Boeing Company (NYSE:BA - Free Report) by 98.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,175 shares of the aircraft producer's stock after purchasing an additional 16,963 shares during the period. Arkadios Wealth Advisors' holdings in Boeing were worth $5,829,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of BA. Wood Tarver Financial Group LLC lifted its position in Boeing by 14.3% during the 1st quarter. Wood Tarver Financial Group LLC now owns 439 shares of the aircraft producer's stock worth $75,000 after acquiring an additional 55 shares during the period. Byrne Financial Freedom LLC increased its stake in shares of Boeing by 3.0% in the 1st quarter. Byrne Financial Freedom LLC now owns 1,993 shares of the aircraft producer's stock valued at $340,000 after purchasing an additional 58 shares in the last quarter. HighPoint Advisor Group LLC increased its stake in Boeing by 0.3% during the 1st quarter. HighPoint Advisor Group LLC now owns 19,657 shares of the aircraft producer's stock worth $3,578,000 after buying an additional 58 shares in the last quarter. Trek Financial LLC increased its stake in 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 in the last quarter. Finally, Colonial Trust Co SC boosted its holdings in shares of Boeing by 6.1% during the 4th quarter. Colonial Trust Co SC now owns 1,042 shares of the aircraft producer's stock worth $184,000 after purchasing an additional 60 shares during the last quarter. 64.82% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Royal Bank Of Canada reiterated an "outperform" rating and issued a $250.00 price objective on shares of Boeing in a report on Wednesday. Redburn Atlantic raised Boeing from a "hold" rating to a "strong-buy" rating and upped their price objective for the stock from $180.00 to $275.00 in a research report on Friday, June 27th. KGI Securities raised Boeing from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 24th. Rothschild & Co Redburn upgraded shares of Boeing from a "neutral" rating to a "buy" rating and set a $275.00 price objective for the company in a research note on Friday, June 27th. Finally, Jefferies Financial Group increased their target price on shares of Boeing from $230.00 to $250.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating, eighteen have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $229.18.

Insiders Place Their Bets

In other Boeing news, EVP Jeffrey S. Shockey sold 3,205 shares of the business's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $202.87, for a total value of $650,198.35. Following the transaction, the executive vice president owned 20,513 shares in the company, valued at $4,161,472.31. The trade was a 13.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 transaction of $132,019.20. Following the completion of the transaction, the senior vice president owned 13,258 shares in the company, valued at $2,734,860.24. This represents a 4.60% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.09% of the company's stock.

Boeing Stock Performance

Shares of NYSE:BA traded up $0.10 during midday trading on Friday, hitting $221.94. 8,556,243 shares of the company's stock traded hands, compared to its average volume of 8,628,520. The company has a market cap of $167.82 billion, a PE ratio of -13.44 and a beta of 1.41. The firm's fifty day moving average price is $214.84 and its two-hundred day moving average price is $188.30. The Boeing Company has a twelve month low of $128.88 and a twelve month high of $242.69.

Boeing (NYSE:BA - Get Free Report) last posted its earnings results on Tuesday, July 29th. The aircraft producer reported ($1.24) earnings per share for the quarter, missing the consensus estimate of ($0.92) by ($0.32). The company had revenue of $22.75 billion for the quarter, compared to analyst estimates of $20.13 billion. The company's quarterly revenue was up 34.9% on a year-over-year basis. During the same quarter last year, the firm earned ($2.90) EPS. As a group, equities research analysts anticipate that The Boeing Company will post -2.58 EPS for the current fiscal year.

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.