Kiley Juergens Wealth Management LLC Sells 92 Shares of The Boeing Company (NYSE:BA)

Kiley Juergens Wealth Management LLC trimmed its holdings in shares of The Boeing Company (NYSE:BA) by 0.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 22,949 shares of the aircraft producer’s stock after selling 92 shares during the quarter. Boeing accounts for approximately 2.0% of Kiley Juergens Wealth Management LLC’s investment portfolio, making the stock its 13th biggest holding. Kiley Juergens Wealth Management LLC’s holdings in Boeing were worth $5,982,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CNB Bank boosted its holdings in shares of Boeing by 106.5% during the 3rd quarter. CNB Bank now owns 128 shares of the aircraft producer’s stock worth $25,000 after buying an additional 66 shares in the last quarter. True Wealth Design LLC bought a new position in shares of Boeing during the 4th quarter worth approximately $33,000. M&R Capital Management Inc. boosted its holdings in shares of Boeing by 35.0% during the 4th quarter. M&R Capital Management Inc. now owns 193 shares of the aircraft producer’s stock worth $50,000 after buying an additional 50 shares in the last quarter. Keener Financial Planning LLC bought a new position in shares of Boeing during the 4th quarter worth approximately $52,000. Finally, Fortis Capital Advisors LLC raised its position in shares of Boeing by 100.0% during the first quarter. Fortis Capital Advisors LLC now owns 200 shares of the aircraft producer’s stock worth $42,000 after purchasing an additional 100 shares during the period. 64.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

BA has been the topic of a number of research reports. Susquehanna lowered their target price on Boeing from $265.00 to $230.00 and set a “positive” rating on the stock in a research report on Thursday, March 21st. Royal Bank of Canada lowered their target price on Boeing from $225.00 to $215.00 and set an “outperform” rating on the stock in a research report on Tuesday. Benchmark reaffirmed a “buy” rating and set a $250.00 target price on shares of Boeing in a research report on Tuesday, March 26th. Citigroup lowered their target price on Boeing from $263.00 to $252.00 and set a “buy” rating on the stock in a research report on Thursday, March 28th. Finally, Edward Jones lowered Boeing from a “buy” rating to a “hold” rating in a research report on Monday, January 8th. Nine equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $233.88.

Boeing Stock Performance

NYSE:BA traded up $2.73 during trading on Tuesday, reaching $170.55. The company’s stock had a trading volume of 7,976,912 shares, compared to its average volume of 9,853,187. The firm has a market cap of $104.06 billion, a price-to-earnings ratio of -46.03, a price-to-earnings-growth ratio of 115.71 and a beta of 1.52. The firm has a 50 day moving average of $193.45 and a 200-day moving average of $207.95. The Boeing Company has a 12 month low of $167.53 and a 12 month high of $267.54.

Boeing (NYSE:BA) last announced its quarterly earnings data on Wednesday, January 31st. The aircraft producer reported ($0.47) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.25. The business had revenue of $22.02 billion during the quarter, compared to the consensus estimate of $21.14 billion. The firm’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter last year, the company earned ($1.75) EPS. Equities research analysts forecast that The Boeing Company will post 0.37 earnings per share for the current fiscal year.

Boeing 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.