1,321 Shares in The Boeing Company (NYSE:BA) Purchased by Decker Retirement Planning Inc.

Decker Retirement Planning Inc. purchased a new stake in The Boeing Company (NYSE:BA) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 1,321 shares of the aircraft producer’s stock, valued at approximately $234,000.

Other hedge funds have also added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC purchased a new position in shares of Boeing during the third quarter valued at approximately $28,000. Cedar Wealth Management LLC bought a new position in Boeing during the 3rd quarter valued at $30,000. Kiely Wealth Advisory Group Inc. bought a new position in Boeing during the 2nd quarter valued at $33,000. Planning Capital Management Corp boosted its holdings in Boeing by 741.0% during the 3rd quarter. Planning Capital Management Corp now owns 328 shares of the aircraft producer’s stock worth $50,000 after acquiring an additional 289 shares during the last quarter. Finally, Truvestments Capital LLC bought a new stake in shares of Boeing in the 3rd quarter worth $58,000. Institutional investors and hedge funds own 64.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on BA shares. Sanford C. Bernstein downgraded shares of Boeing from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $195.00 to $169.00 in a research report on Wednesday, October 30th. JPMorgan Chase & Co. reduced their target price on Boeing from $195.00 to $190.00 and set an “overweight” rating for the company in a report on Monday, November 25th. Barclays raised Boeing from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $190.00 to $210.00 in a research report on Monday, January 6th. DZ Bank cut Boeing from a “buy” rating to a “hold” rating and set a $152.00 price objective on the stock. in a research report on Tuesday, October 15th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $200.00 target price on shares of Boeing in a research report on Wednesday, October 30th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Boeing has an average rating of “Moderate Buy” and a consensus target price of $192.21.

Boeing Stock Up 1.6 %

BA opened at $168.91 on Friday. The Boeing Company has a 12 month low of $137.03 and a 12 month high of $217.59. The company has a 50 day moving average of $162.40 and a 200 day moving average of $164.98.

Boeing (NYSE:BA) last announced its quarterly earnings results on Wednesday, October 23rd. The aircraft producer reported ($10.44) earnings per share for the quarter, missing the consensus estimate of ($10.34) by ($0.10). The firm had revenue of $17.84 billion during the quarter, compared to the consensus estimate of $17.81 billion. The business’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the business posted ($3.26) EPS. As a group, equities analysts forecast that The Boeing Company will post -16.43 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.