The Boeing Company (NYSE:BA) Shares Purchased by XML Financial LLC

XML Financial LLC raised its stake in The Boeing Company (NYSE:BAGet Rating) by 1.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,614 shares of the aircraft producer’s stock after purchasing an additional 102 shares during the quarter. XML Financial LLC’s holdings in Boeing were worth $801,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of BA. McDonald Partners LLC lifted its stake in shares of Boeing by 4.1% in the 3rd quarter. McDonald Partners LLC now owns 3,221 shares of the aircraft producer’s stock worth $390,000 after acquiring an additional 126 shares during the period. AMG National Trust Bank lifted its position in Boeing by 2.2% in the third quarter. AMG National Trust Bank now owns 8,833 shares of the aircraft producer’s stock valued at $1,069,000 after purchasing an additional 186 shares during the period. Vigilant Capital Management LLC boosted its holdings in Boeing by 130.8% in the 3rd quarter. Vigilant Capital Management LLC now owns 577 shares of the aircraft producer’s stock valued at $70,000 after purchasing an additional 327 shares in the last quarter. Meeder Asset Management Inc. increased its position in Boeing by 5.6% during the 2nd quarter. Meeder Asset Management Inc. now owns 6,481 shares of the aircraft producer’s stock worth $886,000 after purchasing an additional 343 shares during the period. Finally, Martin & Co. Inc. TN raised its stake in shares of Boeing by 3.5% during the 3rd quarter. Martin & Co. Inc. TN now owns 5,445 shares of the aircraft producer’s stock worth $659,000 after buying an additional 185 shares in the last quarter. Hedge funds and other institutional investors own 57.07% of the company’s stock.

Insider Activity

In other news, Director Steven M. Mollenkopf acquired 1,285 shares of the business’s stock in a transaction dated Friday, November 4th. The stock was acquired at an average price of $157.09 per share, with a total value of $201,860.65. Following the completion of the transaction, the director now directly owns 2,917 shares in the company, valued at approximately $458,231.53. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, Director Steven M. Mollenkopf bought 1,285 shares of the stock in a transaction that occurred on Friday, November 4th. The stock was purchased at an average cost of $157.09 per share, for a total transaction of $201,860.65. Following the completion of the acquisition, the director now owns 2,917 shares in the company, valued at $458,231.53. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David L. Calhoun bought 25,000 shares of the stock in a transaction that occurred on Friday, November 4th. The stock was bought at an average price of $158.88 per share, with a total value of $3,972,000.00. Following the completion of the acquisition, the chief executive officer now owns 25,000 shares of the company’s stock, valued at approximately $3,972,000. The disclosure for this purchase can be found here. Company insiders own 0.11% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Susquehanna Bancshares increased their price objective on Boeing from $185.00 to $217.00 and gave the stock a “positive” rating in a research report on Wednesday, December 14th. Robert W. Baird lifted their price objective on Boeing from $210.00 to $250.00 in a report on Tuesday, January 3rd. Morgan Stanley downgraded Boeing from an “overweight” rating to an “equal weight” rating and boosted their target price for the stock from $213.00 to $220.00 in a research report on Tuesday, January 10th. Wolfe Research started coverage on Boeing in a research report on Monday, October 10th. They issued an “outperform” rating and a $180.00 price target for the company. Finally, Jefferies Financial Group set a $240.00 price objective on shares of Boeing in a research report on Monday, January 9th. Five investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $222.53.

Boeing Price Performance

NYSE:BA opened at $211.98 on Wednesday. The firm has a 50 day simple moving average of $190.60 and a 200-day simple moving average of $165.31. The Boeing Company has a 1-year low of $113.02 and a 1-year high of $223.23.

Boeing (NYSE:BAGet Rating) last posted its quarterly earnings data on Wednesday, October 26th. The aircraft producer reported ($6.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($6.17). The firm had revenue of $15.96 billion for the quarter, compared to analyst estimates of $18.03 billion. Boeing’s revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the company posted ($0.60) earnings per share. As a group, research analysts expect that The Boeing Company will post -8.88 EPS for the current year.

About Boeing

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The Boeing Co is an aerospace company, which engages in the manufacture of commercial jetliners and defense, space, and security systems. It operates through the following segments: Commercial Airplanes (BCA), Defense, Space and Security (BDS), Global Services (BGS), and Boeing Capital (BCC). The Commercial Airplanes segment includes the development, production, and market of commercial jet aircraft and provides fleet support services, principally to the commercial airline industry worldwide.

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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