The Boeing Company $BA Shares Acquired by Ameliora Wealth Management Ltd.

Ameliora Wealth Management Ltd. increased its position in shares of The Boeing Company (NYSE:BA) by 12.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,500 shares of the aircraft producer’s stock after acquiring an additional 500 shares during the quarter. Ameliora Wealth Management Ltd.’s holdings in Boeing were worth $943,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Clark & Stuart Inc acquired a new position in Boeing during the second quarter worth $210,000. MADDEN SECURITIES Corp lifted its holdings in shares of Boeing by 26.2% during the 2nd quarter. MADDEN SECURITIES Corp now owns 14,290 shares of the aircraft producer’s stock worth $2,994,000 after acquiring an additional 2,965 shares during the period. Trueblood Wealth Management LLC increased its position in shares of Boeing by 21.7% during the 2nd quarter. Trueblood Wealth Management LLC now owns 1,497 shares of the aircraft producer’s stock worth $314,000 after purchasing an additional 267 shares in the last quarter. Heck Capital Advisors LLC increased its position in Boeing by 3.6% in the 2nd quarter. Heck Capital Advisors LLC now owns 1,398 shares of the aircraft producer’s stock valued at $293,000 after acquiring an additional 49 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC grew its position in shares of Boeing by 5.0% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 31,766 shares of the aircraft producer’s stock worth $6,656,000 after buying an additional 1,518 shares during the period. Institutional investors own 64.82% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on BA. Susquehanna reissued a “positive” rating and set a $270.00 price objective on shares of Boeing in a research note on Monday, September 15th. Morgan Stanley reissued an “equal weight” rating on shares of Boeing in a report on Monday, July 28th. Rothschild & Co Redburn upgraded shares of Boeing from a “neutral” rating to a “buy” rating and set a $275.00 price objective for the company in a report on Friday, June 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of Boeing in a research report on Saturday, September 27th. Finally, KGI Securities raised shares of Boeing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 24th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $233.91.

Boeing Stock Up 1.5%

Shares of BA opened at $219.62 on Tuesday. The business’s 50-day moving average price is $224.72 and its 200-day moving average price is $205.50. The Boeing Company has a twelve month low of $128.88 and a twelve month high of $242.69. The stock has a market cap of $166.07 billion, a PE ratio of -13.30 and a beta of 1.47.

Boeing (NYSE:BA) last issued its quarterly earnings data on Tuesday, July 29th. The aircraft producer reported ($1.24) 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. During the same period last year, the firm earned ($2.90) earnings per share. The company’s quarterly revenue was up 34.9% compared to the same quarter last year. Analysts expect that The Boeing Company will post -2.58 earnings per share for the current fiscal year.

Insider Activity

In other Boeing news, Director Mortimer J. Buckley acquired 2,200 shares of the business’s stock in a transaction dated Tuesday, August 19th. The stock was bought at an average price of $226.10 per share, with a total value of $497,420.00. Following the completion of the acquisition, the director owned 2,200 shares of the company’s stock, valued at $497,420. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP David Christopher Raymond sold 3,771 shares of the business’s stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $229.94, for a total value of $867,103.74. Following the transaction, the executive vice president directly owned 35,873 shares of the company’s stock, valued at $8,248,637.62. The trade was a 9.51% decrease in their position. The disclosure for this sale can be found here. 0.09% of the stock is currently owned by insiders.

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.