Bill Few Associates Inc. Sells 100 Shares of The Boeing Company (NYSE:BA)

Bill Few Associates Inc. lessened its stake in shares of The Boeing Company (NYSE:BA) by 5.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,788 shares of the aircraft producer’s stock after selling 100 shares during the period. Bill Few Associates Inc.’s holdings in Boeing were worth $316,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. IMS Capital Management increased its position in Boeing by 0.4% during the 2nd quarter. IMS Capital Management now owns 16,032 shares of the aircraft producer’s stock valued at $2,759,000 after purchasing an additional 62 shares during the period. Sterneck Capital Management LLC raised its stake in Boeing by 2.3% in the fourth quarter. Sterneck Capital Management LLC now owns 2,992 shares of the aircraft producer’s stock worth $530,000 after buying an additional 66 shares in the last quarter. Peoples Financial Services CORP. lifted its holdings in Boeing by 0.8% during the third quarter. Peoples Financial Services CORP. now owns 8,893 shares of the aircraft producer’s stock worth $1,352,000 after buying an additional 67 shares during the period. GSG Advisors LLC boosted its position in Boeing by 4.7% during the 4th quarter. GSG Advisors LLC now owns 1,490 shares of the aircraft producer’s stock valued at $264,000 after acquiring an additional 67 shares in the last quarter. Finally, Altus Wealth Group LLC increased its holdings in shares of Boeing by 5.7% in the 3rd quarter. Altus Wealth Group LLC now owns 1,325 shares of the aircraft producer’s stock valued at $201,000 after acquiring an additional 71 shares during the period. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Boeing Stock Performance

Shares of NYSE BA opened at $174.87 on Thursday. The Boeing Company has a 1 year low of $137.03 and a 1 year high of $217.59. The company’s fifty day moving average price is $164.90 and its 200 day moving average price is $164.53. The company has a market capitalization of $108.11 billion, a PE ratio of -13.56 and a beta of 1.52.

Boeing (NYSE:BA) last announced its quarterly earnings data on Wednesday, October 23rd. The aircraft producer reported ($10.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($10.34) by ($0.10). The company had revenue of $17.84 billion for the quarter, compared to the consensus estimate of $17.81 billion. During the same period in the previous year, the company posted ($3.26) earnings per share. The company’s quarterly revenue was down 1.5% compared to the same quarter last year. On average, equities analysts expect that The Boeing Company will post -16.36 EPS for the current year.

Wall Street Analysts Forecast Growth

BA has been the topic of a number of recent research reports. Susquehanna dropped their price objective on Boeing from $210.00 to $200.00 and set a “positive” rating on the stock in a research report on Thursday, October 24th. DZ Bank downgraded shares of Boeing from a “buy” rating to a “hold” rating and set a $152.00 price objective on the stock. in a research report on Tuesday, October 15th. UBS Group cut their price target on shares of Boeing from $215.00 to $195.00 and set a “buy” rating on the stock in a report on Thursday, October 24th. Robert W. Baird decreased their price objective on Boeing from $240.00 to $200.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $200.00 target price on shares of Boeing in a research report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $192.21.

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.