Moss Adams Wealth Advisors LLC Has $543,000 Holdings in The Boeing Company (NYSE:BA)

Moss Adams Wealth Advisors LLC boosted its holdings in The Boeing Company (NYSE:BA) by 8.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,083 shares of the aircraft producer’s stock after purchasing an additional 167 shares during the quarter. Moss Adams Wealth Advisors LLC’s holdings in Boeing were worth $543,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Trust Co. of Vermont boosted its position in Boeing by 1.0% during the 3rd quarter. Trust Co. of Vermont now owns 4,389 shares of the aircraft producer’s stock worth $841,000 after purchasing an additional 45 shares during the period. Benchmark Financial Wealth Advisors LLC grew its position in Boeing by 2.7% in the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 1,785 shares of the aircraft producer’s stock valued at $465,000 after acquiring an additional 47 shares in the last quarter. WealthPlan Investment Management LLC grew its position in Boeing by 1.0% in the fourth quarter. WealthPlan Investment Management LLC now owns 4,716 shares of the aircraft producer’s stock valued at $1,229,000 after acquiring an additional 49 shares in the last quarter. RB Capital Management LLC lifted its position in shares of Boeing by 2.7% during the third quarter. RB Capital Management LLC now owns 1,893 shares of the aircraft producer’s stock worth $363,000 after purchasing an additional 50 shares in the last quarter. Finally, M&R Capital Management Inc. boosted its position in Boeing by 35.0% in the 4th quarter. M&R Capital Management Inc. now owns 193 shares of the aircraft producer’s stock valued at $50,000 after buying an additional 50 shares during the last quarter. Institutional investors own 64.82% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on BA shares. The Goldman Sachs Group dropped their price objective on Boeing from $268.00 to $257.00 and set a “buy” rating on the stock in a report on Monday, March 25th. Stifel Nicolaus decreased their price target on shares of Boeing from $270.00 to $260.00 and set a “buy” rating for the company in a report on Wednesday, April 10th. StockNews.com lowered shares of Boeing from a “hold” rating to a “sell” rating in a research note on Friday, April 26th. UBS Group reduced their price objective on Boeing from $275.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday, March 21st. Finally, JPMorgan Chase & Co. dropped their price objective on Boeing from $230.00 to $210.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $222.41.

Boeing Trading Up 2.1 %

Shares of BA stock traded up $3.64 on Wednesday, hitting $180.35. 4,872,231 shares of the stock were exchanged, compared to its average volume of 9,552,833. The firm has a market capitalization of $110.71 billion, a P/E ratio of -50.80 and a beta of 1.54. The Boeing Company has a fifty-two week low of $159.70 and a fifty-two week high of $267.54. The business has a 50-day moving average of $182.80 and a 200 day moving average of $206.14.

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.