3 days Ago By ABMN Staff
Zions Bancorporation N.A. boosted its position in The Boeing Company ( NYSE:BA – Free Report ) by 87.
0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 836 shares of the aircraft producer’s stock after purchasing an additional 389 shares during the quarter. Zions Bancorporation N.
A.’s holdings in Boeing were worth $152,000 at the end of the most recent quarter. Other institutional investors and hedge funds have also added to or reduced their stakes in the company.
RS Crum Inc. purchased a new position in shares of Boeing during the second quarter valued at approximately $540,000. Meeder Advisory Services Inc.
raised its stake in Boeing by 29.3% during the second quarter. Meeder Advisory Services Inc.
now owns 9,772 shares of the aircraft producer’s stock valued at $1,779,000 after buying an additional 2,213 shares during the last quarter. Meeder Asset Management Inc. boosted its stake in Boeing by 325.
4% in the 2nd quarter. Meeder Asset Management Inc. now owns 302 shares of the aircraft producer’s stock worth $55,000 after purchasing an additional 231 shares in the last quarter.
Stonebridge Financial Planning Group LLC purchased a new stake in shares of Boeing during the second quarter valued at approximately $209,000. Finally, Oppenheimer & Co. Inc.
boosted its stake in Boeing by 1.6% during the 2nd quarter. Oppenheimer & Co.
Inc. now owns 37,380 shares of the aircraft producer’s stock valued at $6,804,000 after purchasing an additional 599 shares during the last quarter. Hedge funds and other institutional investors own 64.
82% of the company’s stock. Boeing Price Performance Shares of NYSE:BA opened at $156.77 on Monday.
The company has a market capitalization of $96.60 billion, a P/E ratio of -44.16 and a beta of 1.
57. The Boeing Company has a 1-year low of $155.60 and a 1-year high of $267.
54. The firm’s 50 day simple moving average is $174.10 and its two-hundred day simple moving average is $179.
04. Analysts Set New Price Targets A number of research analysts have recently issued reports on the company. Sanford C.
Bernstein lowered their price target on Boeing from $222.00 to $207.00 and set an “outperform” rating on the stock in a report on Monday, August 5th.
Bank of America lifted their price target on shares of Boeing from $180.00 to $200.00 and gave the stock a “neutral” rating in a research note on Thursday, June 13th.
Wells Fargo & Company restated an “underweight” rating and set a $119.00 price objective (down previously from $185.00) on shares of Boeing in a research report on Tuesday, September 3rd.
Stifel Nicolaus lifted their target price on shares of Boeing from $230.00 to $235.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st.
Finally, UBS Group lowered their price target on Boeing from $250.00 to $240.00 and set a “buy” rating on the stock in a report on Friday, June 7th.
Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $211.29.
Check Out Our Latest Analysis on Boeing Boeing Company Profile ( Free Report ) 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. Read More Receive News & Ratings for Boeing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boeing and related companies with MarketBeat.
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