United Asset Strategies Inc. Has $205,000 Stock Holdings in The Boeing Company (NYSE:BA)

United Asset Strategies Inc. reduced its stake in shares of The Boeing Company (NYSE:BA) by 66.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,157 shares of the aircraft producer’s stock after selling 2,303 shares during the period. United Asset Strategies Inc.’s holdings in Boeing were worth $205,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Dark Forest Capital Management LP bought a new position in Boeing during the 2nd quarter worth about $309,000. Sunbelt Securities Inc. grew its holdings in shares of Boeing by 3.1% during the second quarter. Sunbelt Securities Inc. now owns 6,143 shares of the aircraft producer’s stock worth $1,118,000 after buying an additional 184 shares in the last quarter. William B. Walkup & Associates Inc. acquired a new stake in Boeing in the 2nd quarter valued at approximately $175,000. Wallace Advisory Group LLC bought a new stake in Boeing in the 2nd quarter valued at approximately $244,000. Finally, Quarry LP boosted its position in Boeing by 68.3% during the 2nd quarter. Quarry LP now owns 611 shares of the aircraft producer’s stock worth $111,000 after acquiring an additional 248 shares during the last quarter. Institutional investors own 64.82% of the company’s stock.

Analysts Set New Price Targets

BA has been the topic of a number of research reports. Barclays raised shares of Boeing from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $190.00 to $210.00 in a research report on Monday, January 6th. DZ Bank downgraded Boeing from a “buy” rating to a “hold” rating and set a $152.00 target price on the stock. in a research report on Tuesday, October 15th. Deutsche Bank Aktiengesellschaft raised their price target on Boeing from $184.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, January 2nd. Wells Fargo & Company dropped their price objective on Boeing from $86.00 to $85.00 and set an “underweight” rating on the stock in a research note on Monday, November 4th. Finally, TD Cowen lowered their target price on shares of Boeing from $200.00 to $190.00 and set a “buy” rating on the stock in a report on Monday, October 14th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $192.11.

Boeing Stock Performance

NYSE:BA opened at $175.09 on Tuesday. The firm has a market cap of $108.24 billion, a price-to-earnings ratio of -13.57 and a beta of 1.52. The Boeing Company has a 52 week low of $137.03 and a 52 week high of $214.63. The firm’s 50-day simple moving average is $166.42 and its 200 day simple moving average is $164.29.

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.