499 Shares in The Boeing Company (NYSE:BA) Bought by Creekmur Asset Management LLC

Creekmur Asset Management LLC bought a new position in The Boeing Company (NYSE:BA) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 499 shares of the aircraft producer’s stock, valued at approximately $130,000.

Several other large investors have also made changes to their positions in the company. Trust Co. of Vermont raised its position in shares of Boeing by 1.0% in the 3rd quarter. Trust Co. of Vermont now owns 4,389 shares of the aircraft producer’s stock worth $841,000 after buying an additional 45 shares during the period. Benchmark Financial Wealth Advisors LLC raised 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 purchasing an additional 47 shares during the period. WealthPlan Investment Management LLC raised 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 purchasing an additional 49 shares during the period. RB Capital Management LLC raised its position in Boeing by 2.7% in the third quarter. RB Capital Management LLC now owns 1,893 shares of the aircraft producer’s stock valued at $363,000 after purchasing an additional 50 shares during the period. Finally, M&R Capital Management Inc. raised its position in Boeing by 35.0% in the fourth quarter. M&R Capital Management Inc. now owns 193 shares of the aircraft producer’s stock valued at $50,000 after purchasing an additional 50 shares during the period. 64.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Bank of America raised their price objective on Boeing from $180.00 to $200.00 and gave the company a “neutral” rating in a research report on Thursday. Northcoast Research lowered Boeing from a “neutral” rating to a “sell” rating and set a $140.00 price objective on the stock. in a research report on Wednesday, April 17th. Melius Research reissued a “hold” rating on shares of Boeing in a research report on Monday, April 1st. Deutsche Bank Aktiengesellschaft dropped their target price on Boeing from $240.00 to $225.00 and set a “buy” rating on the stock in a research report on Thursday, April 25th. Finally, Barclays dropped their target price on Boeing from $235.00 to $190.00 and set an “equal weight” rating on the stock in a research report on Monday, April 22nd. Two investment 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $220.89.

Boeing Stock Down 1.9 %

Shares of NYSE:BA traded down $3.43 during trading on Friday, hitting $177.27. 5,105,974 shares of the company traded hands, compared to its average volume of 5,770,378. The business’s fifty day moving average is $177.44 and its 200-day moving average is $202.72. The Boeing Company has a one year low of $159.70 and a one year high of $267.54.

Boeing (NYSE:BA) last posted its earnings results on Wednesday, April 24th. The aircraft producer reported ($1.13) EPS 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 the consensus estimate of $17.69 billion. Analysts predict that The Boeing Company will post -1.35 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.