Vermillion & White Wealth Management Group LLC Takes $26,000 Position in The Boeing Company (NYSE:BA)

Vermillion & White Wealth Management Group LLC bought a new stake in The Boeing Company (NYSE:BAFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 100 shares of the aircraft producer’s stock, valued at approximately $26,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Trust Co. of Vermont boosted its stake in shares of Boeing by 1.0% in the third quarter. Trust Co. of Vermont now owns 4,389 shares of the aircraft producer’s stock valued at $841,000 after purchasing an additional 45 shares during the period. Benchmark Financial Wealth Advisors LLC boosted its stake in shares of Boeing by 2.7% in the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 1,785 shares of the aircraft producer’s stock valued at $465,000 after purchasing an additional 47 shares during the period. WealthPlan Investment Management LLC boosted its stake in shares of Boeing by 1.0% in the fourth quarter. WealthPlan Investment Management LLC now owns 4,716 shares of the aircraft producer’s stock valued at $1,229,000 after purchasing an additional 49 shares during the period. RB Capital Management LLC boosted its stake in shares of Boeing by 2.7% in the third quarter. RB Capital Management LLC now owns 1,893 shares of the aircraft producer’s stock valued at $363,000 after purchasing an additional 50 shares during the period. Finally, M&R Capital Management Inc. boosted its stake 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 valued at $50,000 after purchasing an additional 50 shares during the period. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Boeing Trading Down 0.6 %

BA traded down $1.18 on Friday, reaching $190.24. The company had a trading volume of 3,374,548 shares, compared to its average volume of 5,877,391. The company has a fifty day moving average of $177.70 and a 200-day moving average of $203.98. The company has a market capitalization of $116.78 billion, a P/E ratio of -53.59 and a beta of 1.55. The Boeing Company has a one year low of $159.70 and a one year high of $267.54.

Boeing (NYSE:BAGet Free Report) last announced its earnings results on Wednesday, April 24th. The aircraft producer reported ($1.13) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.43) by $0.30. The company had revenue of $16.57 billion during the quarter, compared to the consensus estimate of $17.69 billion. Research analysts predict that The Boeing Company will post -1.33 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on BA shares. Citigroup decreased their target price on shares of Boeing from $252.00 to $224.00 and set a “buy” rating for the company in a research note on Thursday, April 25th. Northcoast Research downgraded shares of Boeing from a “neutral” rating to a “sell” rating and set a $140.00 target price for the company. in a research note on Wednesday, April 17th. Melius Research reaffirmed a “hold” rating on shares of Boeing in a report on Monday, April 1st. Deutsche Bank Aktiengesellschaft cut their price target on shares of Boeing from $240.00 to $225.00 and set a “buy” rating on the stock in a report on Thursday, April 25th. Finally, StockNews.com cut shares of Boeing from a “hold” rating to a “sell” rating in a report on Friday, April 26th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $220.33.

Check Out Our Latest Report on Boeing

About Boeing

(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.

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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