CWS Financial Advisors LLC Has $330,000 Stake in The Boeing Company $BA

CWS Financial Advisors LLC increased its holdings in shares of The Boeing Company (NYSE:BA) by 37.8% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,932 shares of the aircraft producer’s stock after purchasing an additional 530 shares during the period. CWS Financial Advisors LLC’s holdings in Boeing were worth $330,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Korea Investment CORP lifted its position in shares of Boeing by 3.0% during the 1st quarter. Korea Investment CORP now owns 464,134 shares of the aircraft producer’s stock worth $79,158,000 after purchasing an additional 13,466 shares during the last quarter. Aviso Financial Inc. lifted its holdings in shares of Boeing by 1.4% during the first quarter. Aviso Financial Inc. now owns 5,930 shares of the aircraft producer’s stock worth $1,011,000 after buying an additional 80 shares during the last quarter. Alliance Wealth Advisors LLC UT lifted its holdings in shares of Boeing by 37.2% during the first quarter. Alliance Wealth Advisors LLC UT now owns 6,255 shares of the aircraft producer’s stock worth $1,067,000 after buying an additional 1,695 shares during the last quarter. Roanoke Asset Management Corp NY lifted its holdings in shares of Boeing by 0.5% during the first quarter. Roanoke Asset Management Corp NY now owns 29,061 shares of the aircraft producer’s stock worth $4,956,000 after buying an additional 150 shares during the last quarter. Finally, Gen Wealth Partners Inc lifted its holdings in shares of Boeing by 9.4% during the first quarter. Gen Wealth Partners Inc now owns 8,220 shares of the aircraft producer’s stock worth $1,402,000 after buying an additional 705 shares during the last quarter. Institutional investors and hedge funds own 64.82% of the company’s stock.

Insiders Place Their Bets

In other news, EVP David Christopher Raymond sold 3,771 shares of the firm’s stock in a transaction on Friday, August 8th. The stock was sold at an average price of $229.94, for a total value of $867,103.74. Following the completion of the sale, the executive vice president directly owned 35,873 shares in the company, valued at approximately $8,248,637.62. This trade represents a 9.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.09% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

BA has been the subject of several research analyst reports. Sanford C. Bernstein reiterated an “outperform” rating on shares of Boeing in a research note on Monday, July 14th. Cowen reaffirmed a “buy” rating on shares of Boeing in a research report on Wednesday, May 7th. Susquehanna upped their price objective on shares of Boeing from $265.00 to $270.00 and gave the company a “positive” rating in a research report on Wednesday, July 30th. Barclays upped their price target on Boeing from $210.00 to $255.00 and gave the company an “overweight” rating in a report on Tuesday, July 29th. Finally, JPMorgan Chase & Co. upped their price target on Boeing from $230.00 to $251.00 and gave the company an “overweight” rating in a report on Wednesday, July 30th. Three analysts have rated the stock with a sell rating, three have given a hold rating, seventeen have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $228.90.

Boeing Stock Down 1.2%

Shares of Boeing stock opened at $232.48 on Tuesday. The stock has a market capitalization of $175.79 billion, a P/E ratio of -14.08 and a beta of 1.48. The company has a 50-day simple moving average of $219.75 and a 200 day simple moving average of $193.10. The Boeing Company has a 12-month low of $128.88 and a 12-month high of $242.69.

Boeing (NYSE:BA) last posted its quarterly earnings data on Tuesday, July 29th. The aircraft producer reported ($1.24) earnings per share for the quarter, missing the consensus estimate of ($0.92) by ($0.32). The firm had revenue of $22.75 billion for the quarter, compared to the consensus estimate of $20.13 billion. During the same period last year, the firm posted ($2.90) earnings per share. The company’s quarterly revenue was up 34.9% on a year-over-year basis. On average, equities analysts anticipate that The Boeing Company will post -2.58 earnings per share for the current year.

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.