Mather Group LLC. Has $778,000 Stock Holdings in The Boeing Company (NYSE:BA)

Mather Group LLC. increased its position in shares of The Boeing Company (NYSE:BA - Free Report) by 60.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,561 shares of the aircraft producer's stock after acquiring an additional 1,721 shares during the quarter. Mather Group LLC.'s holdings in Boeing were worth $778,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Amundi increased its holdings in shares of Boeing by 473.6% in the fourth quarter. Amundi now owns 1,565,337 shares of the aircraft producer's stock worth $268,862,000 after acquiring an additional 1,292,417 shares in the last quarter. KKM Financial LLC lifted its holdings in shares of Boeing by 50.8% during the 4th quarter. KKM Financial LLC now owns 15,368 shares of the aircraft producer's stock valued at $2,720,000 after purchasing an additional 5,175 shares in the last quarter. Wynn Capital LLC acquired a new position in shares of Boeing in the 1st quarter valued at approximately $584,000. Grant Private Wealth Management Inc bought a new stake in shares of Boeing during the fourth quarter worth $903,000. Finally, Advanced Portfolio Management LLC increased its holdings in Boeing by 182.2% during the 4th quarter. Advanced Portfolio Management LLC now owns 15,000 shares of the aircraft producer's stock worth $2,655,000 after purchasing an additional 9,684 shares in the last quarter. Institutional investors and hedge funds own 64.82% of the company's stock.

Insider Buying and Selling at Boeing

In other Boeing news, SVP Brendan J. Nelson sold 640 shares of Boeing stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $206.28, for a total value of $132,019.20. Following the completion of the sale, the senior vice president owned 13,258 shares in the company, valued at $2,734,860.24. The trade was a 4.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Jeffrey S. Shockey sold 3,205 shares of the business's stock in a transaction that occurred 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 completion of the sale, the executive vice president owned 20,513 shares of the company's stock, valued at approximately $4,161,472.31. This trade represents a 13.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 7,744 shares of company stock valued at $1,511,370 in the last ninety days. 0.09% of the stock is currently owned by corporate insiders.

Boeing Stock Performance

BA traded up $3.72 on Friday, reaching $215.75. The company had a trading volume of 4,476,122 shares, compared to its average volume of 9,472,233. The stock has a market cap of $162.68 billion, a P/E ratio of -12.04 and a beta of 1.41. The Boeing Company has a fifty-two week low of $128.88 and a fifty-two week high of $218.80. The company's fifty day moving average is $202.13 and its 200 day moving average is $181.36.

Boeing (NYSE:BA - Get Free Report) last posted 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. Boeing's revenue for the quarter was up 17.7% compared to the same quarter last year. During the same period in the previous year, the company posted ($1.13) EPS. On average, sell-side analysts expect that The Boeing Company will post -2.58 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Cowen restated a "buy" rating on shares of Boeing in a report on Wednesday, May 7th. Wells Fargo & Company reissued an "underweight" rating on shares of Boeing in a research report on Thursday, May 22nd. TD Securities downgraded shares of Boeing to a "cautious" rating in a research note on Thursday, May 22nd. Morgan Stanley set a $200.00 target price on Boeing and gave the company an "equal weight" rating in a research report on Thursday, June 12th. Finally, Redburn Atlantic upgraded Boeing from a "hold" rating to a "strong-buy" rating and upped their target price for the stock from $180.00 to $275.00 in a report on Friday, June 27th. Four research analysts have rated the stock with a sell rating, three have given a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $215.77.

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.