188 Shares in The Boeing Company (NYSE:BA) Bought by Heck Capital Advisors LLC

Heck Capital Advisors LLC purchased a new stake in shares of The Boeing Company (NYSE:BA) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 188 shares of the aircraft producer’s stock, valued at approximately $33,000.

A number of other hedge funds also recently bought and sold shares of the business. State Street Corp raised its stake in shares of Boeing by 2.3% in the third quarter. State Street Corp now owns 27,778,195 shares of the aircraft producer’s stock valued at $4,223,397,000 after acquiring an additional 636,594 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Boeing by 2.8% in the 3rd quarter. Geode Capital Management LLC now owns 11,719,794 shares of the aircraft producer’s stock valued at $1,774,705,000 after buying an additional 320,415 shares in the last quarter. Jennison Associates LLC boosted its holdings in shares of Boeing by 9.9% in the 3rd quarter. Jennison Associates LLC now owns 6,700,706 shares of the aircraft producer’s stock valued at $1,018,775,000 after buying an additional 602,143 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Boeing by 6.0% in the 3rd quarter. Fisher Asset Management LLC now owns 4,866,857 shares of the aircraft producer’s stock valued at $739,957,000 after buying an additional 277,350 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Boeing by 1.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,196,648 shares of the aircraft producer’s stock valued at $486,018,000 after purchasing an additional 48,637 shares during the last quarter. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Boeing Stock Performance

NYSE:BA opened at $175.95 on Tuesday. The stock has a market capitalization of $108.77 billion, a price-to-earnings ratio of -9.60 and a beta of 1.52. The Boeing Company has a 1 year low of $137.03 and a 1 year high of $213.77. The stock has a fifty day moving average price of $169.50 and a two-hundred day moving average price of $164.05.

Boeing (NYSE:BA) last posted its quarterly earnings data on Tuesday, January 28th. The aircraft producer reported ($5.90) EPS for the quarter, missing analysts’ consensus estimates of ($1.60) by ($4.30). During the same period in the previous year, the firm posted ($0.47) earnings per share. On average, analysts predict that The Boeing Company will post -2.12 EPS for the current year.

Analyst Ratings Changes

BA has been the subject of a number of recent research reports. Barclays raised shares of Boeing from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $190.00 to $210.00 in a research report on Monday, January 6th. Royal Bank of Canada reissued an “outperform” rating and issued a $200.00 price target on shares of Boeing in a research note on Wednesday, January 29th. Robert W. Baird lowered their target price on shares of Boeing from $240.00 to $200.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Boeing from $184.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, January 2nd. Finally, Susquehanna boosted their price target on shares of Boeing from $200.00 to $205.00 and gave the company a “positive” rating in a research report on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Boeing has an average rating of “Moderate Buy” and a consensus target price of $195.00.

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.