57,193 Shares in The Boeing Company (NYSE:BA) Bought by Paradoxiom Capital L.P.

Paradoxiom Capital L.P. acquired a new stake in shares of The Boeing Company (NYSE:BA - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 57,193 shares of the aircraft producer's stock, valued at approximately $10,123,000. Boeing makes up 4.2% of Paradoxiom Capital L.P.'s holdings, making the stock its biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Sierra Ocean LLC bought a new stake in shares of Boeing in the 4th quarter valued at about $26,000. Sugar Maple Asset Management LLC bought a new stake in shares of Boeing in the 4th quarter valued at about $27,000. Fiduciary Advisors Inc. bought a new stake in shares of Boeing in the 4th quarter valued at about $28,000. HighMark Wealth Management LLC raised its holdings in shares of Boeing by 121.6% in the 4th quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer's stock valued at $29,000 after purchasing an additional 90 shares in the last quarter. Finally, Anfield Capital Management LLC raised its holdings in shares of Boeing by 113.1% in the 4th quarter. Anfield Capital Management LLC now owns 179 shares of the aircraft producer's stock valued at $32,000 after purchasing an additional 95 shares in the last quarter. Institutional investors own 64.82% of the company's stock.

Boeing Price Performance

BA stock traded down $0.36 on Friday, hitting $205.88. 8,432,495 shares of the company were exchanged, compared to its average volume of 9,210,473. The Boeing Company has a twelve month low of $128.88 and a twelve month high of $209.66. The business's fifty day moving average is $170.78 and its two-hundred day moving average is $168.18. The stock has a market capitalization of $155.23 billion, a price-to-earnings ratio of -11.24 and a beta of 1.41.

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, beating analysts' consensus estimates of ($1.39) by $0.90. The company had revenue of $19.50 billion for the quarter, compared to the consensus estimate of $19.57 billion. The company's revenue was up 17.7% compared to the same quarter last year. During the same quarter last year, the company earned ($1.13) earnings per share. Equities research analysts expect that The Boeing Company will post -2.58 earnings per share for the current year.

Wall Street Analyst Weigh In

BA has been the topic of a number of analyst reports. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $200.00 price objective on shares of Boeing in a research report on Wednesday, April 23rd. Sanford C. Bernstein upgraded shares of Boeing from a "market perform" rating to an "outperform" rating and boosted their price objective for the stock from $181.00 to $218.00 in a research note on Monday, April 28th. UBS Group boosted their price objective 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. Susquehanna reiterated a "positive" rating and set a $240.00 price objective (up previously from $205.00) on shares of Boeing in a research note on Wednesday. Finally, StockNews.com upgraded shares of Boeing from a "sell" rating to a "hold" rating in a research note on Friday, May 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Boeing presently has a consensus rating of "Moderate Buy" and a consensus target price of $204.35.

Insider Buying and Selling

In other Boeing news, EVP Jeffrey S. Shockey sold 3,205 shares of the firm's stock in a transaction dated 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 transaction, the executive vice president now directly owns 20,513 shares in the company, valued at $4,161,472.31. This trade represents a 13.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP David Christopher Raymond sold 3,899 shares of the firm's stock in a transaction that occurred 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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 10,263 shares of company stock valued at $1,950,150 in the last quarter. Company insiders own 0.09% of the company's stock.

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.