Carson Advisory Inc. Has $860,000 Position in The Boeing Company (NYSE:BA)

Carson Advisory Inc. raised its position in The Boeing Company (NYSE:BA) by 3.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,858 shares of the aircraft producer’s stock after purchasing an additional 140 shares during the period. Carson Advisory Inc.’s holdings in Boeing were worth $860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in BA. Sierra Ocean LLC bought a new stake in shares of Boeing in the fourth quarter valued at approximately $26,000. Sugar Maple Asset Management LLC bought a new stake in shares of Boeing during the 4th quarter valued at $27,000. Fiduciary Advisors Inc. acquired a new stake in shares of Boeing during the 4th quarter worth $28,000. HighMark Wealth Management LLC increased its position in shares of Boeing by 121.6% in the fourth quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer’s stock worth $29,000 after purchasing an additional 90 shares during the period. Finally, Anfield Capital Management LLC raised its stake in Boeing by 113.1% in the fourth 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.

Analyst Ratings Changes

Several research firms have commented on BA. UBS Group raised their target price on shares of Boeing from $208.00 to $217.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. Susquehanna boosted their price objective on shares of Boeing from $200.00 to $205.00 and gave the company a “positive” rating in a research report on Wednesday, January 29th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $200.00 target price on shares of Boeing in a report on Wednesday, January 29th. Wells Fargo & Company boosted their price target on Boeing from $103.00 to $113.00 and gave the stock an “underweight” rating in a report on Monday, March 17th. Finally, StockNews.com raised Boeing to a “sell” rating in a research note on Saturday, April 5th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $196.10.

Boeing Trading Up 0.9 %

Shares of BA opened at $156.95 on Friday. The company has a market capitalization of $117.73 billion, a PE ratio of -8.57 and a beta of 1.24. The stock’s 50-day moving average price is $168.68 and its two-hundred day moving average price is $163.94. The Boeing Company has a 12 month low of $128.88 and a 12 month high of $196.95.

Boeing (NYSE:BA) last announced its earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) EPS for the quarter, missing the consensus estimate of ($1.60) by ($4.30). During the same quarter last year, the company posted ($0.47) earnings per share. Equities research analysts predict that The Boeing Company will post -2.58 EPS for the current fiscal year.

Insider Activity

In related news, EVP Uma M. Amuluru sold 3,159 shares of the business’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $180.69, for a total value of $570,799.71. Following the transaction, the executive vice president now owns 19,213 shares in the company, valued at $3,471,596.97. The trade was a 14.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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.