Constant Guidance Financial LLC Invests $804,000 in The Boeing Company (NYSE:BA)

Constant Guidance Financial LLC bought a new position in shares of The Boeing Company (NYSE:BA) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,545 shares of the aircraft producer’s stock, valued at approximately $804,000. Boeing accounts for approximately 0.7% of Constant Guidance Financial LLC’s investment portfolio, making the stock its 25th largest holding.

Other large investors also recently made changes to their positions in the company. Sugar Maple Asset Management LLC bought a new position in Boeing during the 4th quarter worth $27,000. RPg Family Wealth Advisory LLC bought a new position in Boeing during the 3rd quarter worth $28,000. Fiduciary Advisors Inc. bought a new position in Boeing during the 4th quarter worth $28,000. Cedar Wealth Management LLC bought a new position in Boeing during the 3rd quarter worth $30,000. Finally, Heck Capital Advisors LLC bought a new position in Boeing during the 4th quarter worth $33,000. Institutional investors own 64.82% of the company’s stock.

Boeing Price Performance

Shares of Boeing stock opened at $184.52 on Friday. The Boeing Company has a one year low of $137.03 and a one year high of $208.10. The firm has a market capitalization of $138.40 billion, a price-to-earnings ratio of -10.07 and a beta of 1.52. The business has a 50-day simple moving average of $174.35 and a 200 day simple moving average of $164.25.

Boeing (NYSE:BA) last issued its earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) EPS for the quarter, missing analysts’ consensus estimates of ($1.60) by ($4.30). During the same quarter last year, the company earned ($0.47) earnings per share. On average, sell-side analysts expect that The Boeing Company will post -2.3 EPS for the current year.

Analyst Ratings Changes

A number of research firms have commented on BA. Susquehanna raised their price objective on Boeing from $200.00 to $205.00 and gave the stock a “positive” rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. raised their price objective on Boeing from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 29th. Benchmark reiterated a “buy” rating and issued a $250.00 price target on shares of Boeing in a research note on Thursday, October 24th. Northcoast Research upgraded Boeing from a “sell” rating to a “neutral” rating in a research note on Thursday, December 12th. Finally, Robert W. Baird decreased their price target on Boeing from $240.00 to $200.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. Two investment 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $195.16.

About Boeing

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.