The Boeing Company (NYSE:BA) Shares Acquired by Xponance Inc.

Xponance Inc. boosted its holdings in The Boeing Company (NYSE:BA - Free Report) by 5.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 109,672 shares of the aircraft producer's stock after purchasing an additional 5,490 shares during the quarter. Xponance Inc.'s holdings in Boeing were worth $18,705,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of BA. Vanguard Group Inc. grew its holdings in shares of Boeing by 24.4% during the fourth quarter. Vanguard Group Inc. now owns 64,442,717 shares of the aircraft producer's stock worth $11,406,361,000 after buying an additional 12,641,715 shares during the last quarter. Geode Capital Management LLC raised its stake in Boeing by 29.5% during the 4th quarter. Geode Capital Management LLC now owns 15,171,869 shares of the aircraft producer's stock valued at $2,677,170,000 after acquiring an additional 3,452,075 shares during the last quarter. Northern Trust Corp lifted its position in Boeing by 33.6% during the 4th quarter. Northern Trust Corp now owns 6,504,610 shares of the aircraft producer's stock worth $1,151,316,000 after acquiring an additional 1,634,231 shares during the period. Castlekeep Investment Advisors LLC purchased a new position in shares of Boeing in the 4th quarter valued at approximately $568,000. Finally, Alyeska Investment Group L.P. acquired a new position in shares of Boeing in the fourth quarter valued at approximately $526,889,000. Institutional investors and hedge funds own 64.82% of the company's stock.

Wall Street Analyst Weigh In

BA has been the subject of several recent research reports. Cowen reaffirmed a "buy" rating on shares of Boeing in a report on Wednesday, May 7th. UBS Group raised their target price on shares of Boeing from $207.00 to $226.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. Melius Research set a $204.00 target price on shares of Boeing in a report on Monday, March 24th. Rothschild & Co Redburn raised shares of Boeing from a "neutral" rating to a "buy" rating and set a $275.00 price target for the company in a report on Friday, June 27th. Finally, Redburn Atlantic upgraded shares of Boeing from a "hold" rating to a "strong-buy" rating and raised their price objective for the company from $180.00 to $275.00 in a research report on Friday, June 27th. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Boeing presently has an average rating of "Moderate Buy" and an average price target of $216.32.

Insider Buying and Selling at Boeing

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 completion of the transaction, the senior vice president directly owned 13,258 shares in the company, valued at approximately $2,734,860.24. The trade was a 4.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Jeffrey S. Shockey sold 3,205 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $202.87, for a total value of $650,198.35. Following the transaction, the executive vice president directly owned 20,513 shares in the company, valued at approximately $4,161,472.31. This represents a 13.51% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 7,744 shares of company stock worth $1,511,370. Corporate insiders own 0.09% of the company's stock.

Boeing Stock Performance

BA stock opened at $226.08 on Friday. The stock's 50 day moving average price is $205.31 and its 200 day moving average price is $182.63. The firm has a market cap of $170.47 billion, a P/E ratio of -12.62 and a beta of 1.41. The Boeing Company has a 1 year low of $128.88 and a 1 year high of $230.20.

Boeing (NYSE:BA - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.39) by $0.90. The company had revenue of $19.50 billion during the quarter, compared to analysts' expectations of $19.57 billion. The firm's revenue was up 17.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($1.13) earnings per share. On average, research analysts predict that The Boeing Company will post -2.58 earnings per share for the current 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.

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