Hudson Value Partners LLC Sells 1,175 Shares of The Boeing Company (NYSE:BA)

Hudson Value Partners LLC reduced its stake in shares of The Boeing Company (NYSE:BA) by 29.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,820 shares of the aircraft producer’s stock after selling 1,175 shares during the period. Hudson Value Partners LLC’s holdings in Boeing were worth $499,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Sierra Ocean LLC bought a new position in shares of Boeing in the 4th quarter worth about $26,000. Sugar Maple Asset Management LLC acquired a new position in Boeing during the 4th quarter valued at about $27,000. RPg Family Wealth Advisory LLC purchased a new position in shares of Boeing in the 3rd quarter worth approximately $28,000. Fiduciary Advisors Inc. purchased a new position in shares of Boeing in the 4th quarter worth approximately $28,000. Finally, HighMark Wealth Management LLC raised its holdings in shares of Boeing by 121.6% in the 4th quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer’s stock worth $29,000 after purchasing an additional 90 shares during the period. 64.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

BA has been the topic of a number of analyst reports. Barclays raised shares of Boeing from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $190.00 to $210.00 in a report on Monday, January 6th. Citigroup upped their price target on shares of Boeing from $207.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, February 10th. UBS Group upped their price target on Boeing from $208.00 to $217.00 and gave the company a “buy” rating in a research report on Wednesday, January 29th. JPMorgan Chase & Co. boosted their price target on shares of Boeing from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, January 29th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Boeing from $184.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, January 2nd. Two investment 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 company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $195.16.

Boeing Price Performance

NYSE:BA opened at $184.73 on Wednesday. The firm’s fifty day moving average price is $175.92 and its 200 day moving average price is $164.05. The Boeing Company has a 1-year low of $137.03 and a 1-year high of $208.10. The firm has a market cap of $138.56 billion, a price-to-earnings ratio of -10.08 and a beta of 1.52.

Boeing (NYSE:BA) last released its earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) EPS for the quarter, missing analysts’ consensus estimates of ($1.60) by ($4.30). During the same quarter in the prior year, the business earned ($0.47) earnings per share. As a group, analysts expect that The Boeing Company will post -2.3 earnings per share for the current fiscal year.

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.