Claris Advisors LLC MO Has $365,000 Stake in The Boeing Company (NYSE:BA)

Claris Advisors LLC MO cut its stake in The Boeing Company (NYSE:BA) by 10.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,062 shares of the aircraft producer’s stock after selling 237 shares during the quarter. Claris Advisors LLC MO’s holdings in Boeing were worth $365,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Keynote Financial Services LLC increased its stake in shares of Boeing by 3.8% during the 4th quarter. Keynote Financial Services LLC now owns 1,542 shares of the aircraft producer’s stock worth $273,000 after purchasing an additional 57 shares during the last quarter. Chaney Capital Management Inc. increased its position in Boeing by 2.1% in the fourth quarter. Chaney Capital Management Inc. now owns 2,870 shares of the aircraft producer’s stock worth $508,000 after buying an additional 58 shares during the last quarter. Farmers & Merchants Investments Inc. raised its stake in shares of Boeing by 0.6% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 10,608 shares of the aircraft producer’s stock valued at $1,878,000 after buying an additional 59 shares during the period. Center for Financial Planning Inc. lifted its position in shares of Boeing by 12.0% during the 4th quarter. Center for Financial Planning Inc. now owns 562 shares of the aircraft producer’s stock valued at $99,000 after buying an additional 60 shares during the last quarter. Finally, Transcend Capital Advisors LLC grew its stake in shares of Boeing by 1.3% during the 4th quarter. Transcend Capital Advisors LLC now owns 4,923 shares of the aircraft producer’s stock worth $871,000 after acquiring an additional 61 shares during the period. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Boeing Stock Down 4.0 %

NYSE BA opened at $148.00 on Tuesday. The stock’s 50 day moving average is $174.46 and its 200 day moving average is $163.98. The firm has a market capitalization of $111.01 billion, a PE ratio of -8.08 and a beta of 1.53. The Boeing Company has a twelve month low of $137.03 and a twelve month high of $196.95.

Boeing (NYSE:BA) last announced 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 in the previous year, the company posted ($0.47) EPS. On average, research analysts anticipate that The Boeing Company will post -2.58 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on BA shares. Susquehanna boosted their price objective on Boeing from $200.00 to $205.00 and gave the company a “positive” rating in a research note on Wednesday, January 29th. Citigroup upped their target price on shares of Boeing from $207.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Royal Bank of Canada reiterated an “outperform” rating and issued a $200.00 price objective on shares of Boeing in a research report on Wednesday, January 29th. Wells Fargo & Company boosted their target price on Boeing from $85.00 to $103.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 29th. Finally, Barclays raised Boeing from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $190.00 to $210.00 in a report on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $195.16.

Insiders Place Their Bets

In other Boeing news, EVP Uma M. Amuluru sold 3,159 shares of Boeing stock in a transaction on Thursday, February 20th. The stock was 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. The trade was a 14.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.16% of the company’s stock.

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.