Enterprise Financial Services Corp Has $488,000 Stock Holdings in The Boeing Company (NYSE:BA)

Enterprise Financial Services Corp lifted its holdings in shares of The Boeing Company (NYSE:BA) by 3.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,756 shares of the aircraft producer’s stock after buying an additional 81 shares during the period. Enterprise Financial Services Corp’s holdings in Boeing were worth $488,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Principal Financial Group Inc. boosted its holdings in shares of Boeing by 6.1% during the 3rd quarter. Principal Financial Group Inc. now owns 666,244 shares of the aircraft producer’s stock worth $101,296,000 after buying an additional 38,332 shares during the period. Equitable Trust Co. boosted its holdings in shares of Boeing by 810.6% during the 3rd quarter. Equitable Trust Co. now owns 25,133 shares of the aircraft producer’s stock worth $3,821,000 after buying an additional 22,373 shares during the period. CWA Asset Management Group LLC bought a new stake in shares of Boeing during the 3rd quarter worth $334,000. SpiderRock Advisors LLC boosted its holdings in shares of Boeing by 49.0% during the 3rd quarter. SpiderRock Advisors LLC now owns 86,115 shares of the aircraft producer’s stock worth $13,093,000 after buying an additional 28,317 shares during the period. Finally, Shoker Investment Counsel Inc. boosted its holdings in shares of Boeing by 3.9% during the 3rd quarter. Shoker Investment Counsel Inc. now owns 2,783 shares of the aircraft producer’s stock worth $423,000 after buying an additional 104 shares during the period. Institutional investors and hedge funds own 64.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on BA shares. Barclays raised shares of Boeing from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $190.00 to $210.00 in a report on Monday, January 6th. Wells Fargo & Company increased their price target on shares of Boeing from $85.00 to $103.00 and gave the company an “underweight” rating in a report on Wednesday, January 29th. Royal Bank of Canada reissued an “outperform” rating and issued a $200.00 price target on shares of Boeing in a report on Wednesday, January 29th. Susquehanna raised their price objective on shares of Boeing from $200.00 to $205.00 and gave the stock a “positive” rating in a report on Wednesday, January 29th. Finally, JPMorgan Chase & Co. increased their target price on shares of Boeing from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 29th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $195.16.

Insider Activity at Boeing

In other Boeing news, EVP Uma M. Amuluru sold 3,159 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $180.69, for a total transaction of $570,799.71. Following the completion of the transaction, the executive vice president now owns 19,213 shares in the company, valued at approximately $3,471,596.97. This trade represents a 14.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.16% of the stock is owned by company insiders.

Boeing Stock Down 2.7 %

NYSE BA opened at $154.20 on Friday. The Boeing Company has a 12-month low of $137.03 and a 12-month high of $203.80. The company has a market capitalization of $115.66 billion, a PE ratio of -8.42 and a beta of 1.53. The firm’s 50 day moving average is $175.03 and its 200-day moving average is $164.22.

Boeing (NYSE:BA) last posted its quarterly earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.60) by ($4.30). During the same quarter in the prior year, the business posted ($0.47) EPS. As a group, sell-side analysts expect that The Boeing Company will post -2.58 EPS for the current year.

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.