Atria Investments Inc Has $17.13 Million Stake in The Boeing Company $BA

Atria Investments Inc boosted its position in shares of The Boeing Company (NYSE:BAFree Report) by 3.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,380 shares of the aircraft producer’s stock after acquiring an additional 2,548 shares during the quarter. Atria Investments Inc’s holdings in Boeing were worth $17,133,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Harbor Asset Planning Inc. acquired a new stake in Boeing in the 2nd quarter valued at about $25,000. Davis Capital Management acquired a new stake in shares of Boeing in the third quarter valued at approximately $33,000. Howard Hughes Medical Institute bought a new position in shares of Boeing during the 2nd quarter worth approximately $34,000. Decker Retirement Planning Inc. acquired a new position in shares of Boeing during the 2nd quarter worth approximately $35,000. Finally, Centerpoint Advisors LLC raised its stake in Boeing by 62.4% in the 3rd quarter. Centerpoint Advisors LLC now owns 164 shares of the aircraft producer’s stock valued at $35,000 after acquiring an additional 63 shares during the period. Institutional investors own 64.82% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on BA. Weiss Ratings raised shares of Boeing from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, February 4th. Morgan Stanley set a $245.00 target price on shares of Boeing in a research note on Wednesday, January 28th. Citigroup reaffirmed a “buy” rating on shares of Boeing in a report on Thursday, February 5th. Sanford C. Bernstein reissued an “outperform” rating on shares of Boeing in a report on Wednesday, January 28th. Finally, Loop Capital set a $223.00 price objective on shares of Boeing in a research report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $246.14.

Read Our Latest Stock Analysis on BA

Insider Activity

In related news, EVP Howard E. Mckenzie sold 10,497 shares of the firm’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $233.99, for a total transaction of $2,456,193.03. Following the completion of the transaction, the executive vice president directly owned 14,692 shares of the company’s stock, valued at $3,437,781.08. This trade represents a 41.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Dana S. Deasy bought 554 shares of the business’s stock in a transaction on Monday, November 24th. The shares were bought at an average cost of $178.88 per share, for a total transaction of $99,099.52. Following the completion of the acquisition, the senior vice president directly owned 28,442 shares in the company, valued at approximately $5,087,704.96. This trade represents a 1.99% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.09% of the company’s stock.

Boeing Stock Performance

Shares of BA stock opened at $236.65 on Thursday. The firm has a market capitalization of $185.85 billion, a price-to-earnings ratio of 117.74 and a beta of 1.15. The company has a current ratio of 1.19, a quick ratio of 0.40 and a debt-to-equity ratio of 8.37. The business’s 50-day moving average price is $227.35 and its 200-day moving average price is $219.21. The Boeing Company has a 12 month low of $128.88 and a 12 month high of $254.35.

Boeing (NYSE:BAGet Free Report) last issued its quarterly earnings data on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.40) by $10.32. The business had revenue of $23.95 billion during the quarter, compared to the consensus estimate of $22.41 billion. During the same quarter last year, the business earned ($5.90) EPS. The firm’s quarterly revenue was up 57.1% compared to the same quarter last year. Equities research analysts forecast that The Boeing Company will post -2.58 EPS for the current year.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

About Boeing

(Free Report)

Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.

Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.

See Also

Institutional Ownership by Quarter for Boeing (NYSE:BA)

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