Rowlandmiller & PARTNERS.ADV Boosts Stock Holdings in The Boeing Company (NYSE:BA)

Rowlandmiller & PARTNERS.ADV boosted its stake in shares of The Boeing Company (NYSE:BA) by 11.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,375 shares of the aircraft producer’s stock after purchasing an additional 1,030 shares during the period. Rowlandmiller & PARTNERS.ADV’s holdings in Boeing were worth $1,836,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of BA. Allspring Global Investments Holdings LLC raised its stake in Boeing by 90.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 71,090 shares of the aircraft producer’s stock worth $10,809,000 after purchasing an additional 33,695 shares during the period. Hennion & Walsh Asset Management Inc. raised its stake in Boeing by 23.5% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 2,998 shares of the aircraft producer’s stock worth $456,000 after purchasing an additional 570 shares during the period. IFM Investors Pty Ltd raised its stake in Boeing by 0.4% during the third quarter. IFM Investors Pty Ltd now owns 23,856 shares of the aircraft producer’s stock worth $3,627,000 after purchasing an additional 86 shares during the period. Dakota Wealth Management raised its stake in Boeing by 4.3% during the third quarter. Dakota Wealth Management now owns 10,386 shares of the aircraft producer’s stock worth $1,579,000 after purchasing an additional 425 shares during the period. Finally, Mount Yale Investment Advisors LLC raised its stake in Boeing by 5.3% during the third quarter. Mount Yale Investment Advisors LLC now owns 3,250 shares of the aircraft producer’s stock worth $494,000 after purchasing an additional 163 shares during the period. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Uma M. Amuluru sold 3,159 shares of Boeing stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $180.69, for a total value of $570,799.71. Following the completion of the transaction, the executive vice president now directly owns 19,213 shares of the company’s stock, valued at approximately $3,471,596.97. The trade was a 14.12 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.16% of the stock is owned by company insiders.

Boeing Price Performance

Shares of BA stock opened at $177.34 on Monday. The firm has a market cap of $133.02 billion, a P/E ratio of -9.68 and a beta of 1.52. The Boeing Company has a 1-year low of $137.03 and a 1-year high of $208.10. The firm has a fifty day moving average of $176.74 and a two-hundred day moving average of $164.39.

Boeing (NYSE:BA) last announced its quarterly earnings data on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share for the quarter, missing the consensus estimate of ($1.60) by ($4.30). During the same period in the prior year, the business earned ($0.47) EPS. On average, sell-side analysts expect that The Boeing Company will post -2.58 EPS for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on BA. Wells Fargo & Company increased their price target on shares of Boeing from $85.00 to $103.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 29th. Barclays raised shares of Boeing from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $190.00 to $210.00 in a research note on Monday, January 6th. Susquehanna raised their target price on shares of Boeing from $200.00 to $205.00 and gave the company a “positive” rating in a research note on Wednesday, January 29th. Sanford C. Bernstein downgraded shares of Boeing from an “outperform” rating to a “market perform” rating and cut their target price for the company from $195.00 to $169.00 in a research note on Wednesday, October 30th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Boeing from $184.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, January 2nd. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Boeing presently has an average rating of “Moderate Buy” and a consensus price target of $195.16.

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.