Atlanta Consulting Group Advisors LLC Has $209,000 Stock Position in The Boeing Company (NYSE:BA)

Atlanta Consulting Group Advisors LLC cut its stake in The Boeing Company (NYSE:BA) by 84.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,180 shares of the aircraft producer’s stock after selling 6,344 shares during the period. Atlanta Consulting Group Advisors LLC’s holdings in Boeing were worth $209,000 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. Sierra Ocean LLC acquired a new position in Boeing in the 4th quarter worth $26,000. Sugar Maple Asset Management LLC bought a new stake in Boeing during the 4th quarter worth about $27,000. RPg Family Wealth Advisory LLC bought a new stake in Boeing during the 3rd quarter worth about $28,000. Fiduciary Advisors Inc. bought a new stake in Boeing during the 4th quarter worth about $28,000. Finally, HighMark Wealth Management LLC lifted its position in Boeing by 121.6% during the 4th quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer’s stock worth $29,000 after buying an additional 90 shares in the last quarter. 64.82% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Uma M. Amuluru sold 3,159 shares of the stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $180.69, for a total transaction of $570,799.71. Following the sale, the executive vice president now owns 19,213 shares in the company, valued at approximately $3,471,596.97. This trade represents a 14.12 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.16% of the stock is currently owned by company insiders.

Boeing Stock Up 1.7 %

Shares of NYSE:BA opened at $162.00 on Monday. The company’s 50 day moving average price is $173.23 and its two-hundred day moving average price is $163.57. The Boeing Company has a 12-month low of $137.03 and a 12-month high of $196.95. The firm has a market cap of $121.51 billion, a PE ratio of -8.84 and a beta of 1.53.

Boeing (NYSE:BA) last posted its quarterly 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 period last year, the business posted ($0.47) EPS. On average, research analysts expect that The Boeing Company will post -2.58 EPS for the current year.

Analyst Ratings Changes

BA has been the topic of several analyst reports. Citigroup boosted their price target on shares of Boeing from $207.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Boeing from $184.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, January 2nd. StockNews.com raised shares of Boeing to a “sell” rating in a report on Wednesday, March 12th. Barclays raised shares of Boeing from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $190.00 to $210.00 in a report on Monday, January 6th. Finally, UBS Group upped their target price on shares of Boeing from $208.00 to $217.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $195.16.

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.