Aviso Financial Inc. Buys 5,748 Shares of The Boeing Company (NYSE:BA)

Aviso Financial Inc. grew its stake in shares of The Boeing Company (NYSE:BA) by 5,635.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 5,850 shares of the aircraft producer’s stock after acquiring an additional 5,748 shares during the quarter. Aviso Financial Inc.’s holdings in Boeing were worth $1,035,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Sierra Ocean LLC bought a new stake in shares of Boeing during the 4th quarter worth $26,000. Sugar Maple Asset Management LLC bought a new stake in shares of Boeing during the 4th quarter worth $27,000. RPg Family Wealth Advisory LLC bought a new stake in shares of Boeing during the 3rd quarter worth $28,000. Fiduciary Advisors Inc. bought a new stake in shares of Boeing during the 4th quarter worth $28,000. Finally, HighMark Wealth Management LLC lifted its position in shares of 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 during the last quarter. 64.82% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on BA. Susquehanna upped their price objective on Boeing from $200.00 to $205.00 and gave the stock a “positive” rating in a research report on Wednesday, January 29th. Wells Fargo & Company upped their price objective on Boeing from $85.00 to $103.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 29th. Deutsche Bank Aktiengesellschaft upped their target price on Boeing from $184.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. JPMorgan Chase & Co. upped their target price on Boeing from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, January 29th. Finally, Barclays raised Boeing from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $190.00 to $210.00 in a report on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Boeing has a consensus rating of “Moderate Buy” and a consensus price target of $195.16.

Boeing Price Performance

Shares of Boeing stock opened at $162.00 on Friday. The Boeing Company has a one year low of $137.03 and a one year high of $196.95. The stock’s 50-day moving average is $173.23 and its 200 day moving average is $163.68. The firm has a market cap of $121.51 billion, a price-to-earnings ratio of -8.84 and a beta of 1.53.

Boeing (NYSE:BA) last announced its earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) EPS for the quarter, missing the consensus estimate of ($1.60) by ($4.30). During the same quarter in the prior year, the company posted ($0.47) earnings per share. On average, sell-side analysts expect that The Boeing Company will post -2.58 EPS for the current fiscal year.

Insider Activity at Boeing

In related news, EVP Uma M. Amuluru sold 3,159 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was 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 $3,471,596.97. This represents a 14.12 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.16% of the stock is owned by corporate insiders.

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.