DCF Advisers LLC Buys 250 Shares of The Boeing Company (NYSE:BA)

DCF Advisers LLC boosted its position in shares of The Boeing Company (NYSE:BA) by 5.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,650 shares of the aircraft producer’s stock after acquiring an additional 250 shares during the period. DCF Advisers LLC’s holdings in Boeing were worth $846,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in BA. Chicago Partners Investment Group LLC lifted its stake in shares of Boeing by 0.4% during the 4th quarter. Chicago Partners Investment Group LLC now owns 14,941 shares of the aircraft producer’s stock valued at $3,895,000 after buying an additional 56 shares in the last quarter. Madison Park Capital Advisors LLC lifted its position in shares of Boeing by 4.9% in the second quarter. Madison Park Capital Advisors LLC now owns 1,204 shares of the aircraft producer’s stock valued at $219,000 after acquiring an additional 56 shares in the last quarter. Angeles Wealth Management LLC boosted its stake in shares of Boeing by 4.3% in the fourth quarter. Angeles Wealth Management LLC now owns 1,463 shares of the aircraft producer’s stock worth $381,000 after acquiring an additional 60 shares during the period. Bridge Creek Capital Management LLC grew its position in shares of Boeing by 3.1% during the first quarter. Bridge Creek Capital Management LLC now owns 1,983 shares of the aircraft producer’s stock worth $383,000 after purchasing an additional 60 shares in the last quarter. Finally, Wealth Alliance Advisory Group LLC lifted its holdings in Boeing by 1.6% in the 2nd quarter. Wealth Alliance Advisory Group LLC now owns 3,798 shares of the aircraft producer’s stock worth $691,000 after purchasing an additional 60 shares in the last quarter. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Boeing Stock Down 0.4 %

NYSE BA opened at $154.55 on Friday. The Boeing Company has a 52 week low of $154.02 and a 52 week high of $267.54. The firm has a market capitalization of $94.88 billion, a price-to-earnings ratio of -43.54 and a beta of 1.57. The company has a fifty day moving average of $171.80 and a two-hundred day moving average of $178.07.

Boeing (NYSE:BA) last released its quarterly earnings results on Wednesday, July 31st. The aircraft producer reported ($2.90) EPS for the quarter, missing analysts’ consensus estimates of ($1.00) by ($1.90). The company had revenue of $16.87 billion for the quarter, compared to analysts’ expectations of $17.35 billion. During the same period in the previous year, the company posted ($0.82) earnings per share. The company’s revenue for the quarter was down 14.6% compared to the same quarter last year. Equities research analysts anticipate that The Boeing Company will post -4.26 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BA. Stifel Nicolaus increased their price objective on shares of Boeing from $230.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, August 1st. Susquehanna reiterated a “positive” rating and issued a $230.00 price target on shares of Boeing in a report on Wednesday, August 14th. Baird R W upgraded shares of Boeing to a “strong-buy” rating in a research note on Monday, June 3rd. Sanford C. Bernstein cut their price objective on Boeing from $222.00 to $207.00 and set an “outperform” rating for the company in a research report on Monday, August 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $225.00 target price on shares of Boeing in a research report on Tuesday, June 25th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $211.29.

About Boeing

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.