Atria Investments Inc Purchases 312 Shares of The Boeing Company (NYSE:BA)

Atria Investments Inc increased its position in The Boeing Company (NYSE:BA) by 0.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 65,874 shares of the aircraft producer’s stock after purchasing an additional 312 shares during the quarter. Atria Investments Inc’s holdings in Boeing were worth $11,660,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of BA. Sierra Ocean LLC bought a new stake in shares of Boeing in the 4th quarter valued at about $26,000. Sugar Maple Asset Management LLC bought a new position in Boeing in the 4th quarter valued at about $27,000. RPg Family Wealth Advisory LLC bought a new position in Boeing in the 3rd quarter valued at about $28,000. Fiduciary Advisors Inc. bought a new position in Boeing in the 4th quarter valued at about $28,000. Finally, HighMark Wealth Management LLC raised its holdings in Boeing by 121.6% in the 4th quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer’s stock valued at $29,000 after acquiring an additional 90 shares during the period. 64.82% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on BA. Wells Fargo & Company increased their price target on shares of Boeing from $85.00 to $103.00 and gave the company an “underweight” rating in a report on Wednesday, January 29th. Barclays raised shares of Boeing from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $190.00 to $210.00 in a report on Monday, January 6th. UBS Group increased their price target on shares of Boeing from $208.00 to $217.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. Royal Bank of Canada reissued an “outperform” rating and issued a $200.00 price target on shares of Boeing in a report on Wednesday, January 29th. Finally, JPMorgan Chase & Co. raised their target price on shares of Boeing from $190.00 to $200.00 and gave the stock an “overweight” 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 given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $195.16.

Insider Buying and Selling at Boeing

In other Boeing news, EVP Uma M. Amuluru sold 3,159 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $180.69, for a total value 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 trade represents a 14.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.16% of the company’s stock.

Boeing Trading Up 2.8 %

NYSE BA opened at $163.34 on Thursday. The firm has a market capitalization of $122.52 billion, a price-to-earnings ratio of -8.92 and a beta of 1.52. The firm’s 50 day simple moving average is $176.00 and its 200 day simple moving average is $164.49. The Boeing Company has a 1 year low of $137.03 and a 1 year high of $203.80.

Boeing (NYSE:BA) last issued its earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.60) by ($4.30). During the same quarter in the previous year, the business posted ($0.47) EPS. On average, equities research analysts forecast that The Boeing Company will post -2.58 earnings per share for the current 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.