1,030 Shares in The Boeing Company (NYSE:BA) Acquired by Check Capital Management Inc. CA

Check Capital Management Inc. CA acquired a new stake in shares of The Boeing Company (NYSE:BA) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,030 shares of the aircraft producer’s stock, valued at approximately $268,000.

Other large investors have also bought and sold shares of the company. Strategic Blueprint LLC boosted its holdings in Boeing by 8.7% in the 4th quarter. Strategic Blueprint LLC now owns 3,295 shares of the aircraft producer’s stock worth $859,000 after buying an additional 264 shares during the period. Rothschild Investment LLC IL grew its position in shares of Boeing by 21.1% in the third quarter. Rothschild Investment LLC IL now owns 75,101 shares of the aircraft producer’s stock valued at $14,395,000 after purchasing an additional 13,079 shares in the last quarter. Meridian Wealth Management LLC grew its position in shares of Boeing by 86.8% in the third quarter. Meridian Wealth Management LLC now owns 24,776 shares of the aircraft producer’s stock valued at $4,749,000 after purchasing an additional 11,510 shares in the last quarter. Morse Asset Management Inc lifted its holdings in Boeing by 65.0% during the 3rd quarter. Morse Asset Management Inc now owns 7,999 shares of the aircraft producer’s stock worth $1,533,000 after purchasing an additional 3,152 shares in the last quarter. Finally, Peregrine Asset Advisers Inc. lifted its holdings in Boeing by 1,335.3% during the 3rd quarter. Peregrine Asset Advisers Inc. now owns 36,443 shares of the aircraft producer’s stock worth $6,985,000 after purchasing an additional 33,904 shares in the last quarter. 64.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on BA shares. Northcoast Research cut Boeing from a “neutral” rating to a “sell” rating and set a $140.00 price target on the stock. in a research report on Wednesday. TD Cowen decreased their target price on shares of Boeing from $275.00 to $230.00 and set an “outperform” rating on the stock in a report on Monday, March 25th. Melius reissued 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 on the stock in a report on Tuesday. Finally, Citigroup dropped their price objective on Boeing from $263.00 to $252.00 and set a “buy” rating for the company in a research note on Thursday, March 28th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $229.35.

Boeing Trading Down 0.2 %

Shares of BA traded down $0.39 during mid-day trading on Friday, reaching $169.84. The company’s stock had a trading volume of 4,689,767 shares, compared to its average volume of 9,703,083. The Boeing Company has a 52 week low of $167.53 and a 52 week high of $267.54. The company’s fifty day moving average price is $191.08 and its two-hundred day moving average price is $207.28. The stock has a market cap of $103.63 billion, a PE ratio of -46.15, a P/E/G ratio of 116.16 and a beta of 1.52.

Boeing (NYSE:BA) last posted its quarterly earnings results on Wednesday, January 31st. The aircraft producer reported ($0.47) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.72) by $0.25. The business had revenue of $22.02 billion for the quarter, compared to analysts’ expectations of $21.14 billion. The business’s quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the company earned ($1.75) earnings per share. Research analysts anticipate that The Boeing Company will post 0.37 EPS for the current year.

Boeing Company 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.