Capital Advisors Ltd. LLC Sells 97 Shares of The Boeing Company (NYSE:BA)

Capital Advisors Ltd. LLC lowered its stake in shares of The Boeing Company (NYSE:BA) by 10.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 862 shares of the aircraft producer’s stock after selling 97 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Boeing were worth $153,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Hennion & Walsh Asset Management Inc. boosted its position in shares of Boeing by 23.5% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 2,998 shares of the aircraft producer’s stock valued at $456,000 after acquiring an additional 570 shares during the period. Mount Yale Investment Advisors LLC boosted its position in shares of Boeing by 5.3% in the third quarter. Mount Yale Investment Advisors LLC now owns 3,250 shares of the aircraft producer’s stock valued at $494,000 after acquiring an additional 163 shares during the period. GHP Investment Advisors Inc. boosted its position in shares of Boeing by 10.2% in the third quarter. GHP Investment Advisors Inc. now owns 1,347 shares of the aircraft producer’s stock valued at $205,000 after acquiring an additional 125 shares during the period. Modera Wealth Management LLC boosted its position in shares of Boeing by 12.6% in the third quarter. Modera Wealth Management LLC now owns 6,237 shares of the aircraft producer’s stock valued at $948,000 after acquiring an additional 700 shares during the period. Finally, Frank Rimerman Advisors LLC boosted its position in shares of Boeing by 4.6% in the third quarter. Frank Rimerman Advisors LLC now owns 2,906 shares of the aircraft producer’s stock valued at $442,000 after acquiring an additional 128 shares during the period. Institutional investors own 64.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on BA shares. Barclays raised Boeing from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $190.00 to $210.00 in a research report on Monday, January 6th. Susquehanna increased their price objective on Boeing from $200.00 to $205.00 and gave the company a “positive” rating in a research report on Wednesday, January 29th. Sanford C. Bernstein lowered 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. JPMorgan Chase & Co. upped 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. Finally, Wells Fargo & Company upped their target price on Boeing from $85.00 to $103.00 and gave the company an “underweight” rating in a research note on Wednesday, January 29th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $195.16.

Insider Activity

In related news, EVP Uma M. Amuluru sold 3,159 shares of the firm’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $180.69, for a total value of $570,799.71. Following the transaction, the executive vice president now owns 19,213 shares in the company, valued at $3,471,596.97. This trade represents a 14.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.16% of the stock is currently owned by corporate insiders.

Boeing Stock Performance

Shares of NYSE:BA opened at $180.12 on Tuesday. The Boeing Company has a twelve month low of $137.03 and a twelve month high of $208.10. The business has a fifty day moving average of $176.87 and a 200-day moving average of $164.47.

Boeing (NYSE:BA) last announced its 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 in the prior year, the business posted ($0.47) earnings per share. As a group, research analysts forecast that The Boeing Company will post -2.58 earnings per share for the current 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.