The Boeing Company (NYSE:BA) Shares Sold by Householder Group Estate & Retirement Specialist LLC

Householder Group Estate & Retirement Specialist LLC decreased its stake in shares of The Boeing Company (NYSE:BA) by 79.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 588 shares of the aircraft producer’s stock after selling 2,212 shares during the quarter. Householder Group Estate & Retirement Specialist LLC’s holdings in Boeing were worth $104,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Saxon Interests Inc. acquired a new position in Boeing in the 4th quarter valued at about $252,000. Wealthcare Advisory Partners LLC grew its stake in shares of Boeing by 8.3% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 9,122 shares of the aircraft producer’s stock worth $1,615,000 after purchasing an additional 700 shares during the period. Everpar Advisors LLC lifted its position in shares of Boeing by 15.2% during the 4th quarter. Everpar Advisors LLC now owns 4,573 shares of the aircraft producer’s stock valued at $809,000 after acquiring an additional 602 shares during the period. KMG Fiduciary Partners LLC boosted its position in shares of Boeing by 5.9% in the 4th quarter. KMG Fiduciary Partners LLC now owns 3,529 shares of the aircraft producer’s stock worth $625,000 after buying an additional 196 shares in the last quarter. Finally, Decker Retirement Planning Inc. purchased a new position in shares of Boeing during the 4th quarter worth approximately $234,000. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Wall Street Analysts Forecast Growth

BA has been the topic of several research analyst reports. DZ Bank cut shares of Boeing from a “buy” rating to a “hold” rating and set a $152.00 target price on the stock. in a research report on Tuesday, October 15th. Sanford C. Bernstein lowered shares of Boeing from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $195.00 to $169.00 in a report on Wednesday, October 30th. Wells Fargo & Company cut their target price on shares of Boeing from $86.00 to $85.00 and set an “underweight” rating on the stock in a research note on Monday, November 4th. The Goldman Sachs Group reduced their price objective on Boeing from $232.00 to $202.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Finally, Susquehanna reduced their price target on shares of Boeing from $210.00 to $200.00 and set a “positive” rating for the company in a report on Thursday, October 24th. Two equities research 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. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $192.21.

Boeing Price Performance

BA opened at $171.14 on Friday. The Boeing Company has a fifty-two week low of $137.03 and a fifty-two week high of $217.59. The firm has a market capitalization of $105.80 billion, a P/E ratio of -13.27 and a beta of 1.52. The company’s 50-day moving average is $162.76 and its 200 day moving average is $165.00.

Boeing (NYSE:BA) last announced its quarterly earnings results on Wednesday, October 23rd. The aircraft producer reported ($10.44) earnings per share for the quarter, missing the consensus estimate of ($10.34) by ($0.10). The firm had revenue of $17.84 billion during the quarter, compared to the consensus estimate of $17.81 billion. The business’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the business posted ($3.26) EPS. On average, equities research analysts expect that The Boeing Company will post -16.43 earnings per share for the current 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.