Signaturefd LLC Has $1.96 Million Stock Position in The Boeing Company (NYSE:BA)

Signaturefd LLC grew its position in The Boeing Company (NYSE:BA) by 23.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,063 shares of the aircraft producer’s stock after acquiring an additional 2,091 shares during the period. Signaturefd LLC’s holdings in Boeing were worth $1,958,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sierra Ocean LLC acquired a new stake in Boeing in the fourth quarter valued at about $26,000. Sugar Maple Asset Management LLC bought a new stake in shares of Boeing in the 4th quarter valued at about $27,000. RPg Family Wealth Advisory LLC acquired a new stake in Boeing during the 3rd quarter valued at approximately $28,000. Fiduciary Advisors Inc. acquired a new stake in shares of Boeing during the fourth quarter worth $28,000. Finally, HighMark Wealth Management LLC raised its position in shares of Boeing by 121.6% in the 4th quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer’s stock worth $29,000 after acquiring an additional 90 shares in the last quarter. Institutional investors own 64.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on BA. StockNews.com raised shares of Boeing to a “sell” rating in a research report on Wednesday, March 12th. UBS Group upped their price objective on shares of Boeing from $208.00 to $217.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. JPMorgan Chase & Co. raised their target price on Boeing from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, January 29th. Deutsche Bank Aktiengesellschaft boosted their target price on Boeing from $184.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, January 2nd. Finally, Susquehanna increased their price target on Boeing from $200.00 to $205.00 and gave the stock a “positive” rating in a report on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $195.68.

Insider Activity at Boeing

In related news, EVP Uma M. Amuluru sold 3,159 shares of Boeing 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 sale, 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 legal filing with the SEC, which is available at this link. 0.16% of the stock is currently owned by company insiders.

Boeing Trading Up 0.1 %

BA stock opened at $162.04 on Tuesday. The Boeing Company has a 1-year low of $137.03 and a 1-year high of $196.95. The stock has a market cap of $121.54 billion, a P/E ratio of -8.84 and a beta of 1.53. The stock’s fifty day simple moving average is $173.05 and its two-hundred day simple moving average is $163.49.

Boeing (NYSE:BA) last released its quarterly earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.60) by ($4.30). During the same quarter last year, the firm posted ($0.47) earnings per share. As a group, analysts forecast that The Boeing Company will post -2.58 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.