Cwm LLC Sells 147 Shares of The Boeing Company (NYSE:BA)

Cwm LLC decreased its position in The Boeing Company (NYSE:BA) by 0.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,631 shares of the aircraft producer’s stock after selling 147 shares during the quarter. Cwm LLC’s holdings in Boeing were worth $5,638,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of BA. DAVENPORT & Co LLC lifted its position in Boeing by 2.2% in the third quarter. DAVENPORT & Co LLC now owns 24,850 shares of the aircraft producer’s stock valued at $4,763,000 after purchasing an additional 545 shares during the last quarter. Park Place Capital Corp increased its stake in shares of Boeing by 185.1% during the third quarter. Park Place Capital Corp now owns 211 shares of the aircraft producer’s stock valued at $40,000 after buying an additional 137 shares during the period. GHP Investment Advisors Inc. increased its stake in shares of Boeing by 81.0% during the third quarter. GHP Investment Advisors Inc. now owns 1,788 shares of the aircraft producer’s stock valued at $331,000 after buying an additional 800 shares during the period. B.O.S.S. Retirement Advisors LLC increased its stake in shares of Boeing by 26.7% during the third quarter. B.O.S.S. Retirement Advisors LLC now owns 1,498 shares of the aircraft producer’s stock valued at $287,000 after buying an additional 316 shares during the period. Finally, Strategic Blueprint LLC increased its stake in shares of Boeing by 24.4% during the third quarter. Strategic Blueprint LLC now owns 3,031 shares of the aircraft producer’s stock valued at $581,000 after buying an additional 595 shares during the period. Institutional investors own 64.82% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BA shares. UBS Group reduced their target price on Boeing from $275.00 to $250.00 and set a “buy” rating on the stock in a research note on Thursday, March 21st. Susquehanna reduced their target price on Boeing from $265.00 to $230.00 and set a “positive” rating on the stock in a research note on Thursday, March 21st. Melius reissued a “hold” rating on shares of Boeing in a research note on Monday, April 1st. Melius Research reissued a “hold” rating on shares of Boeing in a research note on Monday, April 1st. Finally, Morgan Stanley reduced their target price on Boeing from $235.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $226.71.

Boeing Trading Down 0.8 %

Boeing stock opened at $169.17 on Wednesday. The business’s fifty day simple moving average is $188.81 and its two-hundred day simple moving average is $207.19. The Boeing Company has a 12 month low of $167.53 and a 12 month high of $267.54. The company has a market capitalization of $103.22 billion, a price-to-earnings ratio of -45.97, a price-to-earnings-growth ratio of 134.48 and a beta of 1.52.

Boeing (NYSE:BA) last released its earnings results on Wednesday, January 31st. The aircraft producer reported ($0.47) EPS for the quarter, topping the consensus estimate of ($0.72) by $0.25. The company had revenue of $22.02 billion during the quarter, compared to the consensus estimate of $21.14 billion. The company’s revenue was up 10.2% compared to the same quarter last year. During the same period last year, the firm posted ($1.75) earnings per share. On average, equities research analysts predict that The Boeing Company will post 0.32 EPS 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.