Embree Financial Group Has $466,000 Holdings in The Boeing Company (NYSE:BA)

Embree Financial Group cut its stake in The Boeing Company (NYSE:BA) by 13.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,412 shares of the aircraft producer’s stock after selling 382 shares during the period. Embree Financial Group’s holdings in Boeing were worth $466,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BA. Vermillion & White Wealth Management Group LLC bought a new stake in shares of Boeing in the 4th quarter valued at about $26,000. Evolution Advisers Inc. bought a new stake in shares of Boeing in the 4th quarter valued at about $28,000. DiNuzzo Private Wealth Inc. bought a new stake in shares of Boeing in the 4th quarter valued at about $28,000. Vima LLC bought a new position in Boeing in the 4th quarter valued at about $34,000. Finally, Bfsg LLC bought a new position in Boeing in the 1st quarter valued at about $39,000. 64.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have weighed in on BA. Barclays lowered their price target on shares of Boeing from $235.00 to $190.00 and set an “equal weight” rating on the stock in a report on Monday, April 22nd. Baird R W upgraded shares of Boeing to a “strong-buy” rating in a research report on Monday, June 3rd. UBS Group decreased their target price on shares of Boeing from $250.00 to $240.00 and set a “buy” rating on the stock in a research report on Friday, June 7th. Northcoast Research lowered shares of Boeing from a “neutral” rating to a “sell” rating and set a $140.00 target price on the stock. in a research report on Wednesday, April 17th. Finally, Robert W. Baird decreased their target price on shares of Boeing from $300.00 to $240.00 and set an “outperform” rating on the stock in a research report on Monday, June 3rd. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $220.89.

Boeing Stock Up 0.3 %

NYSE:BA traded up $0.48 during trading hours on Wednesday, reaching $183.72. The company had a trading volume of 3,580,883 shares, compared to its average volume of 8,379,397. The firm has a market cap of $112.78 billion, a price-to-earnings ratio of -51.75 and a beta of 1.56. The business’s 50-day simple moving average is $181.04 and its two-hundred day simple moving average is $194.23. The Boeing Company has a twelve month low of $159.70 and a twelve month high of $267.54.

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