The Boeing Company (NYSE:BA) Shares Purchased by Optiver Holding B.V.

Optiver Holding B.V. increased its stake in shares of The Boeing Company (NYSE:BA) by 163.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 2,479 shares of the aircraft producer’s stock after purchasing an additional 1,537 shares during the quarter. Optiver Holding B.V.’s holdings in Boeing were worth $439,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Keynote Financial Services LLC boosted its position in Boeing by 3.8% during the 4th quarter. Keynote Financial Services LLC now owns 1,542 shares of the aircraft producer’s stock worth $273,000 after acquiring an additional 57 shares during the period. Chaney Capital Management Inc. raised its stake in shares of Boeing by 2.1% during the 4th quarter. Chaney Capital Management Inc. now owns 2,870 shares of the aircraft producer’s stock worth $508,000 after purchasing an additional 58 shares in the last quarter. Farmers & Merchants Investments Inc. raised its stake in shares of Boeing by 0.6% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 10,608 shares of the aircraft producer’s stock worth $1,878,000 after purchasing an additional 59 shares in the last quarter. Center for Financial Planning Inc. raised its stake in shares of Boeing by 12.0% during the 4th quarter. Center for Financial Planning Inc. now owns 562 shares of the aircraft producer’s stock worth $99,000 after purchasing an additional 60 shares in the last quarter. Finally, Trek Financial LLC raised its stake in shares of Boeing by 2.7% during the 4th quarter. Trek Financial LLC now owns 2,307 shares of the aircraft producer’s stock worth $408,000 after purchasing an additional 60 shares in the last quarter. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Susquehanna raised their price target on Boeing from $200.00 to $205.00 and gave the stock a “positive” rating in a research note on Wednesday, January 29th. Melius Research set a $204.00 price target on Boeing in a research note on Monday, March 24th. Sanford C. Bernstein raised Boeing from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $181.00 to $218.00 in a research note on Monday. Melius raised Boeing from a “hold” rating to a “buy” rating in a research note on Monday, March 24th. Finally, Citigroup raised their price objective on Boeing from $210.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, April 24th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Boeing presently has an average rating of “Moderate Buy” and a consensus target price of $200.90.

Boeing Trading Up 2.4 %

Shares of NYSE BA opened at $182.23 on Tuesday. The Boeing Company has a one year low of $128.88 and a one year high of $196.95. The business has a fifty day simple moving average of $164.80 and a 200 day simple moving average of $165.04. The firm has a market capitalization of $137.40 billion, a price-to-earnings ratio of -9.95 and a beta of 1.24.

Boeing (NYSE:BA) last announced its quarterly earnings data on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.39) by $0.90. The business had revenue of $19.50 billion during the quarter, compared to analyst estimates of $19.57 billion. During the same quarter in the prior year, the company posted ($1.13) EPS. The company’s quarterly revenue was up 17.7% compared to the same quarter last year. On average, research analysts anticipate that The Boeing Company will post -2.58 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Uma M. Amuluru sold 3,159 shares of the stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $180.69, for a total transaction of $570,799.71. Following the completion of 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 position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.09% of the company’s stock.

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.