The Boeing Company (NYSE:BA) Shares Sold by Mather Group LLC.

Mather Group LLC. lessened its stake in shares of The Boeing Company (NYSE:BA) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,910 shares of the aircraft producer’s stock after selling 74 shares during the quarter. Mather Group LLC.’s holdings in Boeing were worth $1,019,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. CNB Bank raised its position in shares of Boeing by 106.5% in the third quarter. CNB Bank now owns 128 shares of the aircraft producer’s stock valued at $25,000 after buying an additional 66 shares during the last quarter. Evolution Advisers Inc. acquired a new position in Boeing in the 4th quarter valued at $28,000. Naples Money Management LLC purchased a new position in shares of Boeing during the 4th quarter worth $44,000. Blue Bell Private Wealth Management LLC lifted its stake in shares of Boeing by 66.2% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 236 shares of the aircraft producer’s stock worth $45,000 after purchasing an additional 94 shares during the period. Finally, M&R Capital Management Inc. boosted its holdings in shares of Boeing by 35.0% during the fourth quarter. M&R Capital Management Inc. now owns 193 shares of the aircraft producer’s stock worth $50,000 after purchasing an additional 50 shares during the last quarter. Institutional investors and hedge funds own 64.82% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Northcoast Research lowered Boeing from a “neutral” rating to a “sell” rating and set a $140.00 target price for the company. in a research note on Wednesday, April 17th. TD Cowen decreased their target price on shares of Boeing from $275.00 to $230.00 and set an “outperform” rating on the stock in a research report on Monday, March 25th. Citigroup dropped their price target on shares of Boeing from $252.00 to $224.00 and set a “buy” rating for the company in a research report on Thursday, April 25th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Boeing from $240.00 to $225.00 and set a “buy” rating on the stock in a report on Thursday, April 25th. Finally, Barclays dropped their price objective on Boeing from $235.00 to $190.00 and set an “equal weight” rating for the company in a report on Monday, April 22nd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $222.41.

Boeing Stock Down 3.3 %

NYSE BA opened at $167.84 on Wednesday. The stock has a market cap of $103.03 billion, a PE ratio of -47.28 and a beta of 1.52. The business has a 50 day moving average price of $185.21 and a two-hundred day moving average price of $206.38. The Boeing Company has a fifty-two week low of $159.70 and a fifty-two week high of $267.54.

Boeing (NYSE:BA) last released its quarterly earnings results on Wednesday, January 31st. The aircraft producer reported ($0.47) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.25. The firm had revenue of $22.02 billion for the quarter, compared to analyst estimates of $21.14 billion. During the same period in the previous year, the business posted ($1.75) earnings per share. Boeing’s revenue for the quarter was up 10.2% on a year-over-year basis. Sell-side analysts anticipate that The Boeing Company will post -0.3 EPS for the current fiscal year.

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.