In 2017Q3 0.81, so its down -0.02, from. 539 investment professionals started new and increased stock positions, while 679 sold and trimmed holdings in Boeing Co so the sentiment dived. These funds own 373.50 million shares, that's down from 411.79 million shares in 2017Q3.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Levy Harkins & Co Inc owns 120,102 shares or 10.97% of their U.S. portfolio. Jennison Associates LLC boosted its holdings in shares of Boeing by 20.3% during the 3rd quarter. Quadrant Capital Group LLC raised its position in shares of Boeing by 2.8% in the second quarter. The Georgia-based fund Cacti Asset Management Llc holds 257,238 shares or 6.14% of their United States long equity exposure. It operates in five divisions: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements; and provides related support services to the commercial airline industry.
"Our team's strong first-quarter performance, combined with the positive market outlook across our businesses and our confidence in executing on our production and development programmes, gives us a solid foundation to raise our guidance for the year", says Boeing chief executive Dennis Muilenburg.
SVP, Human Resources, Capozzi Heidi B, sold 4,217 common shares of The Boeing Company (BA) in the open market. Tradition Capital invested 2.15% of its portfolio in The Boeing Company (NYSE:BA).
Shares of NYSE BA traded up $2.69 during midday trading on Wednesday, reaching $331.75. Jennison Associates LLC now owns 6,873,128 shares of the aircraft producer's stock valued at $1,747,218,000 after purchasing an additional 1,160,859 shares during the period. North Star Asset Management Inc. now owns 7,585 shares of the aircraft producer's stock valued at $1,500,000 after purchasing an additional 50 shares during the period.
U.S. crude oil inventories increases as prices edge up
Oil prices settled slightly higher on Wednesday even though EIA data showed a surprise increase in the crude stockpiles. Oil prices have risen in recent months following a prolonged period of low prices caused by a global glut in supply.
The Boeing Company had 1 sale and 0 buys since February 12, 2018. Shares worth $[Value] equivalent to [Shares] were [SoldBought] by [NameInsider].
Total analysts of 18 have positions in Boeing (NYSE:BA) as follows: 14 rated it a "Buy", 0 with "Sell" and 4 with "Hold". Wells Fargo has "Hold" rating and $365.0 target.
According to CNN Money, the 24 analysts, offering 12-month forecasts regarding Boeing Company's stock price, have a median target of $400.00, with a high estimate of $500.00 and a low estimate of $289.00. 35 are the (NYSE:BA)'s ratings reports on 25 April 2018 according to StockzIntelligence Inc. The stock rating was maintained by Buckingham Research with "Hold" on Friday, December 22. On Thursday, October 26 the stock of The Boeing Company (NYSE:BA) earned "Hold" rating by Canaccord Genuity. On Wednesday, June 21 the stock rating was maintained by Cowen & Co with "Buy". Jefferies Group reaffirmed a "buy" rating and set a $339.00 target price on shares of Boeing in a research report on Monday, January 8th. In Monday, October 30 report Bernstein maintained it with "Outperform" rating and $310 target.
With passenger traffic up in February almost 6 percent from a year ago, Boeing executives announced first-quarter earnings and revenue above Wall Street expectations and raised their profit forecast for the year. On Monday, April 16 the rating was maintained by Morgan Stanley with "Equal-Weight".