HF Advisory Group LLC Purchases 10,419 Shares of The Boeing Company $BA

HF Advisory Group LLC lifted its position in shares of The Boeing Company (NYSE:BAFree Report) by 381.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,147 shares of the aircraft producer’s stock after buying an additional 10,419 shares during the quarter. HF Advisory Group LLC’s holdings in Boeing were worth $2,854,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Trust Co. of Vermont raised its position in shares of Boeing by 17.5% in the 4th quarter. Trust Co. of Vermont now owns 3,079 shares of the aircraft producer’s stock worth $669,000 after acquiring an additional 459 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Boeing by 1.8% during the 4th quarter. Blue Trust Inc. now owns 9,331 shares of the aircraft producer’s stock valued at $2,026,000 after purchasing an additional 169 shares in the last quarter. Kwmg LLC grew its stake in Boeing by 1.3% during the fourth quarter. Kwmg LLC now owns 33,103 shares of the aircraft producer’s stock worth $7,187,000 after purchasing an additional 435 shares during the period. Herbst Group LLC grew its stake in Boeing by 29.6% during the fourth quarter. Herbst Group LLC now owns 6,350 shares of the aircraft producer’s stock worth $1,379,000 after purchasing an additional 1,450 shares during the period. Finally, CRA Financial Services LLC increased its holdings in Boeing by 2.7% in the fourth quarter. CRA Financial Services LLC now owns 3,440 shares of the aircraft producer’s stock worth $747,000 after purchasing an additional 89 shares in the last quarter. Institutional investors own 64.82% of the company’s stock.

Insider Buying and Selling at Boeing

In other Boeing news, SVP Ann M. Schmidt sold 6,281 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $243.37, for a total transaction of $1,528,606.97. Following the completion of the sale, the senior vice president owned 13,978 shares in the company, valued at approximately $3,401,825.86. The trade was a 31.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Mortimer J. Buckley acquired 2,230 shares of the stock in a transaction on Tuesday, March 3rd. The shares were acquired at an average price of $224.20 per share, for a total transaction of $499,966.00. Following the acquisition, the director owned 4,430 shares of the company’s stock, valued at approximately $993,206. The trade was a 101.36% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders sold 21,012 shares of company stock worth $4,980,687. 0.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

BA has been the topic of several recent analyst reports. Susquehanna reissued a “positive” rating and issued a $280.00 price target on shares of Boeing in a research note on Thursday, January 15th. Weiss Ratings raised shares of Boeing from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, February 4th. Tigress Financial boosted their target price on shares of Boeing from $275.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. New Street Research set a $257.00 target price on shares of Boeing in a research note on Tuesday, December 9th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Boeing in a report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $254.10.

View Our Latest Stock Analysis on Boeing

Boeing Trading Up 4.3%

Shares of Boeing stock opened at $207.51 on Thursday. The stock has a market capitalization of $162.97 billion, a PE ratio of 103.24 and a beta of 1.13. The Boeing Company has a 52 week low of $128.88 and a 52 week high of $254.35. The stock has a 50 day moving average price of $224.89 and a two-hundred day moving average price of $216.53. The company has a debt-to-equity ratio of 8.37, a quick ratio of 0.40 and a current ratio of 1.19.

Boeing (NYSE:BAGet Free Report) last released its quarterly earnings data on Tuesday, January 27th. The aircraft producer reported $9.92 EPS for the quarter, beating the consensus estimate of ($0.40) by $10.32. The firm had revenue of $23.95 billion for the quarter, compared to the consensus estimate of $22.41 billion. During the same quarter in the prior year, the firm earned ($5.90) EPS. The company’s revenue was up 57.1% compared to the same quarter last year. As a group, equities analysts anticipate that The Boeing Company will post -2.58 earnings per share for the current fiscal year.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

Boeing Company Profile

(Free Report)

Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.

Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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