Ausdal Financial Partners Inc. Purchases 763 Shares of The Boeing Company (NYSE:BA)

Ausdal Financial Partners Inc. grew its holdings in shares of The Boeing Company (NYSE:BA) by 9.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 9,238 shares of the aircraft producer’s stock after buying an additional 763 shares during the period. Ausdal Financial Partners Inc.’s holdings in Boeing were worth $1,635,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of BA. Sierra Ocean LLC bought a new position in Boeing in the 4th quarter worth approximately $26,000. Sugar Maple Asset Management LLC purchased a new stake in shares of Boeing during the fourth quarter worth $27,000. Fiduciary Advisors Inc. bought a new position in shares of Boeing in the fourth quarter worth $28,000. HighMark Wealth Management LLC grew its position in shares of Boeing by 121.6% in the fourth quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer’s stock valued at $29,000 after purchasing an additional 90 shares in the last quarter. Finally, Anfield Capital Management LLC raised its stake in shares of Boeing by 113.1% during the 4th quarter. Anfield Capital Management LLC now owns 179 shares of the aircraft producer’s stock valued at $32,000 after purchasing an additional 95 shares during the period. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Insider Activity

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 transaction, the executive vice president now directly owns 19,213 shares of the company’s stock, valued at $3,471,596.97. The trade was a 14.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.09% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Deutsche Bank Aktiengesellschaft raised their target price on Boeing from $184.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, January 2nd. Barclays upgraded shares of Boeing from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $190.00 to $210.00 in a research report on Monday, January 6th. JPMorgan Chase & Co. upped their target price on shares of Boeing from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, January 29th. StockNews.com raised shares of Boeing to a “sell” rating in a report on Wednesday, March 12th. Finally, UBS Group upped their price target on shares of Boeing from $208.00 to $217.00 and gave the stock a “buy” rating in a report on Wednesday, January 29th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Boeing currently has a consensus rating of “Moderate Buy” and an average price target of $195.68.

Boeing Stock Performance

BA stock opened at $178.42 on Thursday. The Boeing Company has a one year low of $137.03 and a one year high of $196.95. The company has a market capitalization of $133.83 billion, a PE ratio of -9.74 and a beta of 1.53. The company’s 50 day moving average price is $173.74 and its two-hundred day moving average price is $164.00.

Boeing (NYSE:BA) last issued its earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) EPS for the quarter, missing analysts’ consensus estimates of ($1.60) by ($4.30). During the same period in the prior year, the firm posted ($0.47) EPS. On average, research analysts predict that The Boeing Company will post -2.58 EPS for the current year.

Boeing Company 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.