Delos Wealth Advisors LLC Purchases 200 Shares of The Boeing Company (NYSE:BA)

Delos Wealth Advisors LLC grew its position in The Boeing Company (NYSE:BA) by 6,666.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 203 shares of the aircraft producer’s stock after buying an additional 200 shares during the quarter. Delos Wealth Advisors LLC’s holdings in Boeing were worth $53,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. CNB Bank raised its position in Boeing by 106.5% in the 3rd quarter. CNB Bank now owns 128 shares of the aircraft producer’s stock valued at $25,000 after purchasing an additional 66 shares during the last quarter. Evolution Advisers Inc. bought a new position in shares of Boeing in the fourth quarter valued at about $28,000. DiNuzzo Private Wealth Inc. acquired a new position in Boeing during the 4th quarter worth about $28,000. Naples Money Management LLC bought a new stake in Boeing during the 4th quarter worth about $44,000. Finally, Blue Bell Private Wealth Management LLC increased its position in Boeing by 66.2% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 236 shares of the aircraft producer’s stock valued at $45,000 after acquiring an additional 94 shares in the last quarter. 64.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BA has been the topic of several research analyst reports. Stifel Nicolaus decreased their price target on shares of Boeing from $270.00 to $260.00 and set a “buy” rating on the stock in a research note on Wednesday, April 10th. Melius Research reiterated a “hold” rating on shares of Boeing in a research report on Monday, April 1st. Royal Bank of Canada dropped their target price on Boeing from $225.00 to $215.00 and set an “outperform” rating for the company in a research report on Tuesday, April 16th. 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 research report on Thursday, March 21st. Finally, StockNews.com cut shares of Boeing from a “hold” rating to a “sell” rating in a research note on Friday, April 26th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $222.41.

Boeing Stock Performance

Boeing stock traded up $0.94 during midday trading on Thursday, reaching $181.29. The stock had a trading volume of 5,094,057 shares, compared to its average volume of 9,504,012. The firm’s fifty day simple moving average is $182.26 and its 200-day simple moving average is $205.96. The Boeing Company has a 1-year low of $159.70 and a 1-year high of $267.54. The stock has a market capitalization of $111.29 billion, a P/E ratio of -51.06 and a beta of 1.54.

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.