WealthPlan Investment Management LLC Has $925,000 Stake in The Boeing Company (NYSE:BA)

WealthPlan Investment Management LLC decreased its holdings in The Boeing Company (NYSE:BAFree Report) by 95.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,824 shares of the aircraft producer’s stock after selling 95,384 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Boeing were worth $925,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Claro Advisors LLC grew its stake in shares of Boeing by 4.0% in the second quarter. Claro Advisors LLC now owns 1,170 shares of the aircraft producer’s stock worth $247,000 after purchasing an additional 45 shares during the last quarter. Vestmark Advisory Solutions Inc. lifted its holdings in Boeing by 3.8% in the second quarter. Vestmark Advisory Solutions Inc. now owns 1,228 shares of the aircraft producer’s stock valued at $259,000 after buying an additional 45 shares during the period. Bollard Group LLC lifted its holdings in Boeing by 10.6% in the second quarter. Bollard Group LLC now owns 469 shares of the aircraft producer’s stock valued at $99,000 after buying an additional 45 shares during the period. Nvwm LLC lifted its holdings in Boeing by 1.2% in the second quarter. Nvwm LLC now owns 4,152 shares of the aircraft producer’s stock valued at $877,000 after buying an additional 48 shares during the period. Finally, Waverly Advisors LLC lifted its holdings in Boeing by 0.6% in the fourth quarter. Waverly Advisors LLC now owns 8,015 shares of the aircraft producer’s stock valued at $1,527,000 after buying an additional 49 shares during the period. Institutional investors own 61.33% of the company’s stock.

Wall Street Analyst Weigh In

BA has been the topic of several recent analyst reports. Morgan Stanley dropped their target price on shares of Boeing from $235.00 to $220.00 and set an “equal weight” rating on the stock in a report on Thursday, October 26th. Susquehanna dropped their target price on shares of Boeing from $306.00 to $279.00 and set a “positive” rating on the stock in a report on Thursday, January 18th. Barclays boosted their target price on shares of Boeing from $210.00 to $235.00 and gave the company an “equal weight” rating in a report on Wednesday, December 6th. Stifel Nicolaus initiated coverage on shares of Boeing in a report on Friday, December 1st. They issued a “buy” rating and a $265.00 target price on the stock. Finally, Wells Fargo & Company dropped their price objective on shares of Boeing from $225.00 to $215.00 and set an “equal weight” rating on the stock in a report on Thursday, February 1st. Six equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, Boeing currently has a consensus rating of “Moderate Buy” and an average target price of $252.63.

Get Our Latest Report on BA

Boeing Stock Down 0.0 %

Boeing stock opened at $209.20 on Friday. The Boeing Company has a twelve month low of $176.25 and a twelve month high of $267.54. The firm has a 50 day moving average price of $232.38 and a 200-day moving average price of $217.46. The company has a market capitalization of $127.64 billion, a P/E ratio of -56.85, a P/E/G ratio of 18.97 and a beta of 1.56.

Boeing (NYSE:BAGet Free Report) last released its earnings results on Wednesday, January 31st. The aircraft producer reported ($0.47) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.25. The company had revenue of $22.02 billion for the quarter, compared to the consensus estimate of $21.14 billion. During the same period in the prior year, the company earned ($1.75) earnings per share. The firm’s revenue was up 10.2% on a year-over-year basis. Equities analysts expect that The Boeing Company will post 2.76 EPS for the current fiscal year.

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 four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital.

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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