U.S. Capital Wealth Advisors LLC Purchases 26,182 Shares of The Boeing Company (NYSE:BA)

U.S. Capital Wealth Advisors LLC increased its stake in The Boeing Company (NYSE:BA - Free Report) by 77.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,838 shares of the aircraft producer's stock after buying an additional 26,182 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Boeing were worth $10,205,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Amundi increased its stake in shares of Boeing by 473.6% during the 4th quarter. Amundi now owns 1,565,337 shares of the aircraft producer's stock worth $268,862,000 after purchasing an additional 1,292,417 shares during the last quarter. KKM Financial LLC raised its stake in Boeing by 50.8% in the fourth quarter. KKM Financial LLC now owns 15,368 shares of the aircraft producer's stock valued at $2,720,000 after buying an additional 5,175 shares during the period. Wynn Capital LLC bought a new stake in Boeing in the first quarter valued at approximately $584,000. Grant Private Wealth Management Inc acquired a new stake in shares of Boeing in the fourth quarter valued at approximately $903,000. Finally, Advanced Portfolio Management LLC boosted its stake in shares of 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 acquiring an additional 9,684 shares during the period. 64.82% of the stock is owned by institutional investors.

Boeing Stock Down 0.0%

Shares of BA traded down $0.08 during trading hours on Tuesday, hitting $218.55. 6,762,997 shares of the company were exchanged, compared to its average volume of 9,469,975. The company has a market cap of $164.79 billion, a price-to-earnings ratio of -12.20 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 $219.94. The firm's fifty day moving average is $202.86 and its 200 day moving average is $181.73.

Boeing (NYSE:BA - Get Free Report) last released its earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.39) by $0.90. The company had revenue of $19.50 billion for the quarter, compared to analyst estimates of $19.57 billion. The business's revenue for the quarter was up 17.7% compared to the same quarter last year. During the same period last year, the company posted ($1.13) earnings per share. Analysts anticipate that The Boeing Company will post -2.58 EPS for the current year.

Insider Buying and Selling

In related news, EVP Jeffrey S. Shockey sold 3,205 shares of the company's stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $202.87, for a total transaction of $650,198.35. Following the completion of the sale, the executive vice president directly owned 20,513 shares in the company, valued at $4,161,472.31. This represents a 13.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Brendan J. Nelson sold 640 shares of the company'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 sale, the senior vice president owned 13,258 shares of the company's stock, valued at approximately $2,734,860.24. This represents a 4.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 7,744 shares of company stock worth $1,511,370 in the last ninety days. 0.09% of the stock is owned by insiders.

Analysts Set New Price Targets

BA has been the subject of several research reports. The Goldman Sachs Group set a $212.00 price target on Boeing and gave the company a "buy" rating in a report on Thursday, June 12th. Bank of America upgraded shares of Boeing from a "neutral" rating to a "buy" rating and raised their target price for the stock from $185.00 to $260.00 in a research note on Monday, June 2nd. Cowen reaffirmed a "buy" rating on shares of Boeing in a report on Wednesday, May 7th. Morgan Stanley set a $200.00 target price on shares of Boeing and gave the stock an "equal weight" rating in a report on Thursday, June 12th. Finally, Rothschild & Co Redburn upgraded Boeing from a "neutral" rating to a "buy" rating and set a $275.00 price objective for the company in a report on Friday, June 27th. Four analysts have rated the stock with a sell rating, three have issued a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Boeing presently has a consensus rating of "Moderate Buy" and an average target price of $215.77.

Boeing Company 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.