Realta Investment Advisors Has $550,000 Holdings in The Boeing Company (NYSE:BA)

Realta Investment Advisors raised its position in The Boeing Company (NYSE:BA) by 115.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,235 shares of the aircraft producer’s stock after purchasing an additional 1,735 shares during the period. Realta Investment Advisors’ holdings in Boeing were worth $550,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Future Financial Wealth Managment LLC bought a new position in shares of Boeing during the 3rd quarter worth approximately $91,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in shares of Boeing by 31.7% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 3,677 shares of the aircraft producer’s stock valued at $559,000 after acquiring an additional 886 shares during the period. CWM LLC boosted its stake in Boeing by 9.3% during the third quarter. CWM LLC now owns 26,552 shares of the aircraft producer’s stock worth $4,037,000 after acquiring an additional 2,249 shares in the last quarter. Hexagon Capital Partners LLC grew its holdings in Boeing by 23.2% in the third quarter. Hexagon Capital Partners LLC now owns 7,098 shares of the aircraft producer’s stock worth $1,079,000 after purchasing an additional 1,336 shares during the period. Finally, Marcum Wealth LLC increased its stake in Boeing by 10.3% in the third quarter. Marcum Wealth LLC now owns 10,850 shares of the aircraft producer’s stock valued at $1,650,000 after purchasing an additional 1,017 shares in the last quarter. 64.82% of the stock is owned by institutional investors.

Boeing Trading Up 1.6 %

Shares of BA opened at $184.81 on Friday. The stock has a 50 day moving average of $171.70 and a 200 day moving average of $164.27. The Boeing Company has a 12 month low of $137.03 and a 12 month high of $213.77. The company has a market capitalization of $114.25 billion, a price-to-earnings ratio of -10.09 and a beta of 1.52.

Boeing (NYSE:BA) last announced its earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.60) by ($4.30). During the same quarter in the previous year, the firm earned ($0.47) earnings per share. As a group, equities research analysts predict that The Boeing Company will post -2.12 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on BA shares. Royal Bank of Canada restated an “outperform” rating and issued a $200.00 target price on shares of Boeing in a research note on Wednesday, January 29th. Northcoast Research raised Boeing from a “sell” rating to a “neutral” rating in a research note on Thursday, December 12th. JPMorgan Chase & Co. boosted their price objective on Boeing from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, January 29th. UBS Group increased their target price on Boeing from $208.00 to $217.00 and gave the stock a “buy” rating in a report on Wednesday, January 29th. Finally, Barclays upgraded shares of Boeing from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $190.00 to $210.00 in a research note on Monday, January 6th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Boeing currently has an average rating of “Moderate Buy” and a consensus target price of $195.00.

Boeing 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.