Semus Wealth Partners LLC Has $274,000 Holdings in The Boeing Company (NYSE:BA)

Semus Wealth Partners LLC raised its holdings in shares of The Boeing Company (NYSE:BA) by 28.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,801 shares of the aircraft producer’s stock after purchasing an additional 400 shares during the period. Semus Wealth Partners LLC’s holdings in Boeing were worth $274,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Hobbs Group Advisors LLC acquired a new position in Boeing during the 2nd quarter valued at about $34,000. Kiely Wealth Advisory Group Inc. acquired a new stake in shares of Boeing in the 2nd quarter valued at approximately $33,000. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of Boeing by 351.1% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 212 shares of the aircraft producer’s stock valued at $39,000 after acquiring an additional 165 shares during the period. 1620 Investment Advisors Inc. acquired a new stake in shares of Boeing in the 2nd quarter valued at approximately $39,000. Finally, Pathway Financial Advisers LLC acquired a new stake in shares of Boeing in the 1st quarter valued at approximately $53,000. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on BA shares. Stifel Nicolaus increased their price target on shares of Boeing from $230.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft cut their price target on shares of Boeing from $225.00 to $195.00 and set a “buy” rating on the stock in a research report on Thursday, October 3rd. DZ Bank downgraded shares of Boeing from a “buy” rating to a “hold” rating and set a $152.00 target price on the stock. in a report on Tuesday, October 15th. Wells Fargo & Company dropped their target price on shares of Boeing from $86.00 to $85.00 and set an “underweight” rating on the stock in a report on Monday, November 4th. Finally, Jefferies Financial Group dropped their target price on shares of Boeing from $270.00 to $240.00 and set a “buy” rating on the stock in a report on Monday, September 23rd. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $190.37.

Boeing Trading Up 0.3 %

NYSE:BA opened at $140.61 on Monday. The Boeing Company has a 1-year low of $137.03 and a 1-year high of $267.54. The firm has a fifty day simple moving average of $153.20 and a 200 day simple moving average of $169.44. The stock has a market capitalization of $86.93 billion, a PE ratio of -10.87 and a beta of 1.57.

Boeing (NYSE:BA) last announced its quarterly earnings results on Wednesday, October 23rd. The aircraft producer reported ($10.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($10.34) by ($0.10). The business had revenue of $17.84 billion during the quarter, compared to analyst estimates of $17.81 billion. During the same period last year, the company earned ($3.26) earnings per share. Boeing’s revenue was down 1.5% on a year-over-year basis. On average, equities analysts predict that The Boeing Company will post -16.2 earnings per share for the current fiscal year.

Boeing 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.