Kiley Juergens Wealth Management LLC Trims Position in The Boeing Company (NYSE:BA)

Kiley Juergens Wealth Management LLC decreased its position in shares of The Boeing Company (NYSE:BA) by 0.4% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 22,949 shares of the aircraft producer’s stock after selling 92 shares during the period. Boeing accounts for approximately 2.0% of Kiley Juergens Wealth Management LLC’s portfolio, making the stock its 13th largest holding. Kiley Juergens Wealth Management LLC’s holdings in Boeing were worth $5,982,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. CNB Bank increased its position in shares of Boeing by 106.5% in the third quarter. CNB Bank now owns 128 shares of the aircraft producer’s stock worth $25,000 after acquiring an additional 66 shares in the last quarter. True Wealth Design LLC acquired a new stake in shares of Boeing in the fourth quarter worth $33,000. M&R Capital Management Inc. increased its position in shares of Boeing by 35.0% in the fourth quarter. M&R Capital Management Inc. now owns 193 shares of the aircraft producer’s stock worth $50,000 after acquiring an additional 50 shares in the last quarter. Keener Financial Planning LLC acquired a new stake in shares of Boeing in the fourth quarter worth $52,000. Finally, Fortis Capital Advisors LLC grew its holdings in Boeing by 100.0% during the 1st quarter. Fortis Capital Advisors LLC now owns 200 shares of the aircraft producer’s stock valued at $42,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 64.82% of the company’s stock.

Wall Street Analysts Forecast Growth

BA has been the subject of a number of recent analyst reports. Melius Research reaffirmed a “hold” rating on shares of Boeing in a report on Monday, April 1st. Morgan Stanley lowered their price target on shares of Boeing from $235.00 to $180.00 and set an “equal weight” rating for the company in a report on Wednesday, April 10th. Susquehanna lowered their price target on shares of Boeing from $265.00 to $230.00 and set a “positive” rating for the company in a report on Thursday, March 21st. Northcoast Research lowered shares of Boeing from a “buy” rating to a “neutral” rating in a report on Friday, February 23rd. Finally, Stifel Nicolaus lowered their price target on shares of Boeing from $270.00 to $260.00 and set a “buy” rating for the company in a report on Wednesday, April 10th. Nine investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $233.88.

Boeing Trading Up 1.6 %

Shares of NYSE BA traded up $2.73 during midday trading on Tuesday, reaching $170.55. The company’s stock had a trading volume of 7,976,912 shares, compared to its average volume of 9,853,187. The company has a 50 day moving average price of $193.45 and a 200 day moving average price of $207.95. The Boeing Company has a one year low of $167.53 and a one year high of $267.54. The company has a market cap of $104.06 billion, a price-to-earnings ratio of -46.03, a price-to-earnings-growth ratio of 115.71 and a beta of 1.52.

Boeing (NYSE:BA) last released its quarterly earnings results on Wednesday, January 31st. The aircraft producer reported ($0.47) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.25. The firm had revenue of $22.02 billion for the quarter, compared to analyst estimates of $21.14 billion. During the same quarter in the prior year, the firm earned ($1.75) EPS. The firm’s revenue was up 10.2% compared to the same quarter last year. Research analysts anticipate that The Boeing Company will post 0.37 earnings per share for the current fiscal year.

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.