Nicolet Advisory Services LLC Has $1.73 Million Stock Position in The Boeing Company (NYSE:BA)

Nicolet Advisory Services LLC boosted its position in The Boeing Company (NYSE:BA) by 1.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 10,081 shares of the aircraft producer’s stock after buying an additional 179 shares during the quarter. Nicolet Advisory Services LLC’s holdings in Boeing were worth $1,734,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Boeing by 24.4% during the fourth quarter. Vanguard Group Inc. now owns 64,442,717 shares of the aircraft producer’s stock worth $11,406,361,000 after buying an additional 12,641,715 shares during the period. Geode Capital Management LLC lifted its stake in Boeing by 29.5% during the fourth quarter. Geode Capital Management LLC now owns 15,171,869 shares of the aircraft producer’s stock worth $2,677,170,000 after purchasing an additional 3,452,075 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Boeing during the fourth quarter worth about $230,944,000. Amundi increased its stake in shares of Boeing by 473.6% in the fourth quarter. Amundi now owns 1,565,337 shares of the aircraft producer’s stock valued at $268,862,000 after buying an additional 1,292,417 shares during the period. Finally, Burkehill Global Management LP acquired a new position in Boeing in the fourth quarter valued at $212,400,000. Institutional investors and hedge funds own 64.82% of the company’s stock.

Insider Buying and Selling at Boeing

In other Boeing news, EVP Uma M. Amuluru sold 3,159 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $180.69, for a total transaction of $570,799.71. Following the sale, the executive vice president now directly owns 19,213 shares of the company’s stock, valued at $3,471,596.97. The trade was a 14.12 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.09% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on BA. Citigroup lifted their price target on shares of Boeing from $207.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, February 10th. Susquehanna raised their price objective 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. StockNews.com upgraded shares of Boeing to a “sell” rating in a research report on Wednesday, March 12th. Northcoast Research upgraded shares of Boeing from a “sell” rating to a “neutral” rating in a research report on Thursday, December 12th. Finally, 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. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $196.10.

Boeing Trading Up 0.4 %

Shares of BA stock opened at $168.79 on Thursday. The stock has a market cap of $126.60 billion, a P/E ratio of -9.21 and a beta of 1.53. The Boeing Company has a 12 month low of $137.03 and a 12 month high of $196.95. The company has a 50 day simple moving average of $173.70 and a two-hundred day simple moving average of $164.39.

Boeing (NYSE:BA) last released its earnings results 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 prior year, the company posted ($0.47) EPS. As a group, equities 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.