Integrity Financial Corp WA Sells 385 Shares of The Boeing Company (NYSE:BA)

Integrity Financial Corp WA lessened its holdings in The Boeing Company (NYSE:BA) by 18.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,675 shares of the aircraft producer’s stock after selling 385 shares during the period. Integrity Financial Corp WA’s holdings in Boeing were worth $305,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of BA. Vermillion & White Wealth Management Group LLC bought a new position in shares of Boeing in the fourth quarter valued at approximately $26,000. DiNuzzo Private Wealth Inc. bought a new position in shares of Boeing in the fourth quarter valued at about $28,000. Vima LLC bought a new position in shares of Boeing in the fourth quarter valued at about $34,000. Hobbs Group Advisors LLC acquired a new position in Boeing during the 2nd quarter worth about $34,000. Finally, McClarren Financial Advisors Inc. grew its holdings in Boeing by 451.4% during the 1st quarter. McClarren Financial Advisors Inc. now owns 193 shares of the aircraft producer’s stock worth $37,000 after acquiring an additional 158 shares during the last quarter. 64.82% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

BA has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $225.00 target price on shares of Boeing in a research report on Tuesday, June 25th. Bank of America lifted their target price on Boeing from $180.00 to $200.00 and gave the company a “neutral” rating in a research note on Thursday, June 13th. Stifel Nicolaus raised their price target on Boeing from $230.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, August 1st. Baird R W raised Boeing to a “strong-buy” rating in a report on Monday, June 3rd. Finally, Wells Fargo & Company lowered their price target on shares of Boeing from $190.00 to $185.00 and set an “equal weight” rating for the company in a research report on Friday, August 2nd. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $215.18.

Boeing Trading Up 0.9 %

Shares of BA stock traded up $1.48 during trading hours on Friday, hitting $173.74. 4,146,190 shares of the company were exchanged, compared to its average volume of 7,852,250. The Boeing Company has a 52 week low of $159.70 and a 52 week high of $267.54. The business has a 50 day moving average of $178.13 and a two-hundred day moving average of $182.21. The company has a market capitalization of $106.66 billion, a PE ratio of -48.94 and a beta of 1.56.

Boeing (NYSE:BA) last released its earnings results on Wednesday, July 31st. The aircraft producer reported ($2.90) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.00) by ($1.90). The business had revenue of $16.87 billion during the quarter, compared to analysts’ expectations of $17.35 billion. The company’s quarterly revenue was down 14.6% on a year-over-year basis. During the same period in the previous year, the business posted ($0.82) EPS. On average, research analysts forecast that The Boeing Company will post -2.38 EPS for the current year.

About Boeing

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.