The Boeing Company (NYSE:BA) Shares Sold by Piscataqua Savings Bank

Piscataqua Savings Bank cut its holdings in shares of The Boeing Company (NYSE:BAGet Rating) by 6.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,149 shares of the aircraft producer’s stock after selling 216 shares during the period. Piscataqua Savings Bank’s holdings in Boeing were worth $431,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of BA. Cooper Financial Group boosted its holdings in Boeing by 5.1% in the 2nd quarter. Cooper Financial Group now owns 6,603 shares of the aircraft producer’s stock worth $903,000 after buying an additional 318 shares during the last quarter. Procyon Advisors LLC boosted its holdings in Boeing by 35.4% in the 2nd quarter. Procyon Advisors LLC now owns 2,928 shares of the aircraft producer’s stock worth $400,000 after buying an additional 765 shares during the last quarter. Carmel Capital Partners LLC acquired a new stake in Boeing in the 2nd quarter worth about $575,000. EWG Elevate Inc. boosted its holdings in Boeing by 9.1% in the 2nd quarter. EWG Elevate Inc. now owns 2,396 shares of the aircraft producer’s stock worth $328,000 after buying an additional 200 shares during the last quarter. Finally, CVA Family Office LLC boosted its holdings in Boeing by 57.1% in the 2nd quarter. CVA Family Office LLC now owns 729 shares of the aircraft producer’s stock worth $100,000 after buying an additional 265 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Boeing Stock Performance

NYSE:BA opened at $144.29 on Monday. The company has a fifty day simple moving average of $158.72 and a two-hundred day simple moving average of $156.71. The Boeing Company has a 52 week low of $113.02 and a 52 week high of $233.94.

Boeing (NYSE:BAGet Rating) last posted its quarterly earnings results on Wednesday, July 27th. The aircraft producer reported ($0.37) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.23). The business had revenue of $16.68 billion for the quarter, compared to analyst estimates of $17.53 billion. The firm’s quarterly revenue was down 1.9% on a year-over-year basis. During the same period last year, the business posted $0.40 EPS. Equities analysts expect that The Boeing Company will post -1.95 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on BA shares. Bank of America raised their target price on shares of Boeing from $170.00 to $175.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 7th. StockNews.com raised shares of Boeing from a “sell” rating to a “hold” rating in a research note on Friday, July 29th. JPMorgan Chase & Co. raised their target price on shares of Boeing from $188.00 to $200.00 in a research note on Thursday, July 28th. Morgan Stanley raised their target price on shares of Boeing from $215.00 to $233.00 and gave the stock an “overweight” rating in a research note on Thursday, September 8th. Finally, Royal Bank of Canada set a $200.00 price target on shares of Boeing in a research report on Thursday. Three research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $218.07.

Boeing Profile

(Get Rating)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital.

Featured Stories

Want to see what other hedge funds are holding BA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Boeing Company (NYSE:BAGet Rating).

Institutional Ownership by Quarter for Boeing (NYSE:BA)

Receive News & Ratings for Boeing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boeing and related companies with MarketBeat.com's FREE daily email newsletter.