Mufg Securities Americas Inc. Acquires New Holdings in The Boeing Company (NYSE:BA)

Mufg Securities Americas Inc. purchased a new stake in shares of The Boeing Company (NYSE:BA - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 11,035 shares of the aircraft producer's stock, valued at approximately $1,953,000.

Several other hedge funds have also bought and sold shares of BA. Nissay Asset Management Corp Japan ADV raised its holdings in Boeing by 24.2% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 87,346 shares of the aircraft producer's stock worth $15,785,000 after buying an additional 17,027 shares during the last quarter. NorthRock Partners LLC raised its holdings in Boeing by 94.8% in the 4th quarter. NorthRock Partners LLC now owns 22,934 shares of the aircraft producer's stock worth $4,059,000 after acquiring an additional 11,163 shares during the last quarter. OMERS ADMINISTRATION Corp lifted its position in Boeing by 21.4% in the 4th quarter. OMERS ADMINISTRATION Corp now owns 24,229 shares of the aircraft producer's stock valued at $4,289,000 after acquiring an additional 4,269 shares in the last quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Boeing during the 4th quarter valued at $5,967,000. Finally, Measured Risk Portfolios Inc. bought a new stake in shares of Boeing in the 4th quarter worth $101,000. Institutional investors own 64.82% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on BA. TD Securities reiterated a "buy" rating and issued a $180.00 price target on shares of Boeing in a research note on Thursday, April 24th. Susquehanna reissued a "positive" rating and issued a $240.00 target price (up from $205.00) on shares of Boeing in a report on Wednesday. StockNews.com upgraded Boeing from a "sell" rating to a "hold" rating in a research report on Friday, May 9th. Morgan Stanley boosted their price target on Boeing from $185.00 to $200.00 and gave the stock an "equal weight" rating in a report on Friday. Finally, Sanford C. Bernstein raised shares of Boeing from a "market perform" rating to an "outperform" rating and increased their price objective for the company from $181.00 to $218.00 in a report on Monday, April 28th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $204.35.

Boeing Price Performance

Shares of Boeing stock traded down $0.36 on Friday, reaching $205.88. The company had a trading volume of 8,432,495 shares, compared to its average volume of 9,210,473. The firm has a market cap of $155.23 billion, a price-to-earnings ratio of -11.24 and a beta of 1.41. The firm's 50-day moving average price is $170.78 and its two-hundred day moving average price is $168.18. The Boeing Company has a 1 year low of $128.88 and a 1 year high of $209.66.

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

Insider Buying and Selling at Boeing

In other news, EVP David Christopher Raymond sold 3,899 shares of the 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 now owns 42,513 shares of the company's stock, valued at approximately $7,950,356.13. This represents a 8.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Uma M. Amuluru sold 3,159 shares of Boeing stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $180.69, for a total value of $570,799.71. Following the completion of the sale, the executive vice president now owns 19,213 shares of the company's stock, valued at $3,471,596.97. The trade was a 14.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,263 shares of company stock valued at $1,950,150 in the last three months. Company insiders own 0.09% of the company's stock.

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.