The Boeing Company (NYSE:BA) Shares Purchased by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in shares of The Boeing Company (NYSE:BAFree Report) by 114.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,975 shares of the aircraft producer’s stock after buying an additional 2,654 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Boeing were worth $960,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in BA. Schroder Investment Management Group boosted its position in shares of Boeing by 4.1% during the 3rd quarter. Schroder Investment Management Group now owns 53,873 shares of the aircraft producer’s stock valued at $10,326,000 after purchasing an additional 2,100 shares in the last quarter. Diversified Trust Co boosted its holdings in shares of Boeing by 5.2% in the third quarter. Diversified Trust Co now owns 6,869 shares of the aircraft producer’s stock worth $1,317,000 after buying an additional 340 shares during the period. Savoie Capital LLC acquired a new position in shares of Boeing in the third quarter worth about $3,469,000. Silver Oak Securities Incorporated acquired a new position in shares of Boeing in the third quarter worth about $107,000. Finally, Hohimer Wealth Management LLC boosted its holdings in shares of Boeing by 29.6% in the third quarter. Hohimer Wealth Management LLC now owns 5,291 shares of the aircraft producer’s stock worth $1,014,000 after buying an additional 1,210 shares during the period. Institutional investors own 64.82% of the company’s stock.

Boeing Stock Up 0.4 %

BA traded up $0.78 during trading on Wednesday, reaching $184.02. 2,851,244 shares of the company’s stock were exchanged, compared to its average volume of 8,373,845. 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 price of $180.80 and a 200 day moving average price of $194.30. The company has a market capitalization of $112.97 billion, a P/E ratio of -51.70 and a beta of 1.56.

Boeing (NYSE:BAGet Free Report) last posted its quarterly earnings results on Wednesday, April 24th. The aircraft producer reported ($1.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.43) by $0.30. The business had revenue of $16.57 billion for the quarter, compared to analyst estimates of $17.69 billion. As a group, research analysts forecast that The Boeing Company will post -1.67 EPS for the current year.

Wall Street Analysts Forecast Growth

BA has been the subject of several research reports. Sanford C. Bernstein decreased their price target on shares of Boeing from $230.00 to $215.00 and set an “outperform” rating for the company in a report on Monday, June 3rd. Melius restated a “hold” rating on shares of Boeing in a report on Monday, April 1st. Royal Bank of Canada decreased their price target on shares of Boeing from $225.00 to $215.00 and set an “outperform” rating for the company in a report on Tuesday, April 16th. UBS Group decreased their price target on shares of Boeing from $250.00 to $240.00 and set a “buy” rating for the company in a report on Friday, June 7th. Finally, StockNews.com cut shares of Boeing from a “hold” rating to a “sell” rating in a report on Friday, April 26th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Boeing presently has a consensus rating of “Moderate Buy” and an average price target of $220.89.

View Our Latest Stock Report on Boeing

About Boeing

(Free Report)

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.

Read More

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.