The Boeing Company (NYSE:BA) Shares Acquired by Natixis Advisors L.P.

Natixis Advisors L.P. lifted its stake in The Boeing Company (NYSE:BA) by 1.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,009,363 shares of the aircraft producer’s stock after purchasing an additional 18,629 shares during the quarter. Boeing comprises about 0.7% of Natixis Advisors L.P.’s holdings, making the stock its 20th largest holding. Natixis Advisors L.P. owned 0.17% of Boeing worth $263,100,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Trust Co. of Vermont lifted its holdings in Boeing by 1.0% during the 3rd quarter. Trust Co. of Vermont now owns 4,389 shares of the aircraft producer’s stock worth $841,000 after buying an additional 45 shares in the last quarter. Benchmark Financial Wealth Advisors LLC lifted its stake in Boeing by 2.7% in the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 1,785 shares of the aircraft producer’s stock worth $465,000 after acquiring an additional 47 shares during the last quarter. WealthPlan Investment Management LLC increased its position in shares of Boeing by 1.0% in the 4th quarter. WealthPlan Investment Management LLC now owns 4,716 shares of the aircraft producer’s stock valued at $1,229,000 after purchasing an additional 49 shares during the last quarter. RB Capital Management LLC raised its holdings in shares of Boeing by 2.7% in the 3rd quarter. RB Capital Management LLC now owns 1,893 shares of the aircraft producer’s stock valued at $363,000 after purchasing an additional 50 shares in the last quarter. Finally, M&R Capital Management Inc. lifted its position in shares of Boeing by 35.0% during the 4th quarter. M&R Capital Management Inc. now owns 193 shares of the aircraft producer’s stock worth $50,000 after purchasing an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on BA shares. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Boeing from $240.00 to $225.00 and set a “buy” rating for the company in a research note on Thursday, April 25th. Melius reissued a “hold” rating on shares of Boeing in a research report on Monday, April 1st. JPMorgan Chase & Co. cut their price target on Boeing from $230.00 to $210.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. Barclays decreased their price objective on Boeing from $235.00 to $190.00 and set an “equal weight” rating for the company in a report on Monday, April 22nd. Finally, The Goldman Sachs Group cut their target price on shares of Boeing from $268.00 to $257.00 and set a “buy” rating on the stock in a report on Monday, March 25th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $222.41.

Boeing Stock Performance

Boeing stock traded up $5.90 during trading on Thursday, reaching $177.36. 6,419,935 shares of the company’s stock were exchanged, compared to its average volume of 9,633,106. The Boeing Company has a 52-week low of $159.70 and a 52-week high of $267.54. The firm has a market cap of $108.88 billion, a price-to-earnings ratio of -49.31 and a beta of 1.54. The company’s 50-day moving average is $184.61 and its two-hundred day moving average is $206.14.

Boeing (NYSE:BA) last issued its quarterly earnings data on Wednesday, January 31st. The aircraft producer reported ($0.47) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.72) by $0.25. The firm had revenue of $22.02 billion during the quarter, compared to analyst estimates of $21.14 billion. The firm’s revenue was up 10.2% compared to the same quarter last year. During the same period last year, the business earned ($1.75) EPS. Analysts anticipate that The Boeing Company will post -0.18 EPS for the current year.

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.