Comprehensive Financial Consultants Institutional Inc. Has $1.22 Million Stock Holdings in The Boeing Company $BA

Comprehensive Financial Consultants Institutional Inc. boosted its holdings in shares of The Boeing Company (NYSE:BA) by 1.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,815 shares of the aircraft producer’s stock after buying an additional 73 shares during the period. Comprehensive Financial Consultants Institutional Inc.’s holdings in Boeing were worth $1,218,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Piscataqua Savings Bank raised its position in Boeing by 1,712.5% during the second quarter. Piscataqua Savings Bank now owns 145 shares of the aircraft producer’s stock valued at $30,000 after buying an additional 137 shares during the period. Proathlete Wealth Management LLC acquired a new position in Boeing during the first quarter valued at $34,000. Monetary Management Group Inc. raised its position in Boeing by 33.3% during the first quarter. Monetary Management Group Inc. now owns 200 shares of the aircraft producer’s stock valued at $34,000 after buying an additional 50 shares during the period. Dogwood Wealth Management LLC raised its position in Boeing by 30.4% during the second quarter. Dogwood Wealth Management LLC now owns 240 shares of the aircraft producer’s stock valued at $52,000 after buying an additional 56 shares during the period. Finally, Hilltop National Bank acquired a new position in Boeing during the second quarter valued at $61,000. 64.82% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP David Christopher Raymond sold 3,771 shares of the stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $229.94, for a total transaction of $867,103.74. Following the completion of the sale, the executive vice president owned 35,873 shares in the company, valued at $8,248,637.62. This represents a 9.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mortimer J. Buckley bought 2,200 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The shares were acquired at an average price of $226.10 per share, with a total value of $497,420.00. Following the purchase, the director owned 2,200 shares in the company, valued at $497,420. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.09% of the company’s stock.

Analyst Ratings Changes

BA has been the topic of several recent analyst reports. The Goldman Sachs Group set a $212.00 price target on Boeing and gave the company a “buy” rating in a research report on Thursday, June 12th. Sanford C. Bernstein upped their target price on Boeing from $249.00 to $282.00 and gave the stock an “outperform” rating in a research report on Thursday. KGI Securities raised Boeing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 24th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $250.00 target price on shares of Boeing in a research report on Monday, September 29th. Finally, Jefferies Financial Group set a $255.00 target price on Boeing in a research report on Tuesday, September 30th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Boeing presently has a consensus rating of “Moderate Buy” and an average target price of $233.91.

Boeing Stock Performance

BA opened at $216.32 on Monday. The company has a market cap of $163.57 billion, a PE ratio of -13.10 and a beta of 1.47. The stock has a 50-day moving average of $225.06 and a 200-day moving average of $205.21. The Boeing Company has a 52-week low of $128.88 and a 52-week high of $242.69.

Boeing (NYSE:BA) last released its quarterly earnings results on Tuesday, July 29th. The aircraft producer reported ($1.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.92) by ($0.32). The firm had revenue of $22.75 billion during the quarter, compared to the consensus estimate of $20.13 billion. The business’s quarterly revenue was up 34.9% compared to the same quarter last year. During the same period in the previous year, the business posted ($2.90) EPS. On average, research analysts predict that The Boeing Company will post -2.58 earnings per share for the current 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.