The Boeing Company (NYSE:BA) Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC boosted its stake in The Boeing Company (NYSE:BA) by 20.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 80,546 shares of the aircraft producer’s stock after buying an additional 13,586 shares during the period. Yousif Capital Management LLC’s holdings in Boeing were worth $14,257,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Sugar Maple Asset Management LLC purchased a new stake in shares of Boeing in the 4th quarter valued at approximately $27,000. RPg Family Wealth Advisory LLC acquired a new stake in Boeing in the 3rd quarter valued at approximately $28,000. Fiduciary Advisors Inc. purchased a new stake in Boeing in the fourth quarter valued at approximately $28,000. Cedar Wealth Management LLC acquired a new position in Boeing during the third quarter worth $30,000. Finally, Heck Capital Advisors LLC purchased a new position in shares of Boeing during the fourth quarter worth $33,000. Institutional investors and hedge funds own 64.82% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Susquehanna boosted their price objective on Boeing from $200.00 to $205.00 and gave the company a “positive” rating in a report on Wednesday, January 29th. Royal Bank of Canada reiterated an “outperform” rating and set a $200.00 target price on shares of Boeing in a research report on Wednesday, January 29th. Citigroup decreased their price target on shares of Boeing from $209.00 to $207.00 and set a “buy” rating for the company in a research note on Friday, January 24th. Benchmark restated a “buy” rating and set a $250.00 price target on shares of Boeing in a research note on Thursday, October 24th. Finally, UBS Group lifted their price objective on Boeing from $208.00 to $217.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $195.00.

Boeing Price Performance

BA opened at $176.40 on Wednesday. The Boeing Company has a 1 year low of $137.03 and a 1 year high of $213.77. The business’s 50-day moving average price is $169.95 and its two-hundred day moving average price is $164.02. The company has a market capitalization of $109.05 billion, a price-to-earnings ratio of -9.63 and a beta of 1.52.

Boeing (NYSE:BA) last posted its earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.60) by ($4.30). During the same period in the prior year, the business posted ($0.47) EPS. Sell-side analysts anticipate that The Boeing Company will post -2.12 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.