Advance Capital Management Inc. boosted its stake in The Boeing Company (NYSE:BA – Free Report) by 11.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,197 shares of the aircraft producer’s stock after acquiring an additional 126 shares during the period. Advance Capital Management Inc.’s holdings in Boeing were worth $231,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Vermillion & White Wealth Management Group LLC bought a new stake in shares of Boeing during the 4th quarter valued at $26,000. DiNuzzo Private Wealth Inc. bought a new stake in shares of Boeing during the 4th quarter valued at $28,000. Evolution Advisers Inc. bought a new stake in shares of Boeing during the 4th quarter valued at $28,000. Vima LLC bought a new stake in shares of Boeing during the 4th quarter valued at $34,000. Finally, Accent Capital Management LLC bought a new stake in shares of Boeing during the 4th quarter valued at $39,000. Institutional investors own 64.82% of the company’s stock.

Analysts Set New Price Targets

BA has been the topic of a number of analyst reports. TD Cowen dropped their price target on shares of Boeing from $275.00 to $230.00 and set an “outperform” rating on the stock in a research note on Monday, March 25th. Northcoast Research cut shares of Boeing from a “neutral” rating to a “sell” rating and set a $140.00 price target on the stock. in a research note on Wednesday, April 17th. Morgan Stanley dropped their price target on shares of Boeing from $235.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 10th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Boeing from $240.00 to $225.00 and set a “buy” rating on the stock in a research note on Thursday, April 25th. Finally, Citigroup dropped their price target on shares of Boeing from $252.00 to $224.00 and set a “buy” rating on the stock in a research note on Thursday, April 25th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $220.89.

View Our Latest Stock Analysis on BA

Boeing Price Performance

Shares of BA stock opened at $174.99 on Thursday. The company has a market cap of $107.42 billion, a price-to-earnings ratio of -49.29 and a beta of 1.55. The Boeing Company has a 1 year low of $159.70 and a 1 year high of $267.54. The firm has a fifty day moving average price of $177.32 and a 200-day moving average price of $201.45.

Boeing (NYSE:BA – Get Free Report) last released its earnings results on Wednesday, April 24th. The aircraft producer reported ($1.13) earnings per share for the quarter, beating the consensus estimate of ($1.43) by $0.30. The company had revenue of $16.57 billion for the quarter, compared to analysts’ expectations of $17.69 billion. Equities research analysts expect that The Boeing Company will post -1.57 EPS for the current year.

Boeing Company Profile

(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.

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