Liberty Square Wealth Partners LLC Sells 1,139 Shares of The Boeing Company $BA

Liberty Square Wealth Partners LLC lessened its stake in shares of The Boeing Company (NYSE:BA) by 54.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 955 shares of the aircraft producer’s stock after selling 1,139 shares during the period. Liberty Square Wealth Partners LLC’s holdings in Boeing were worth $200,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Harbor Asset Planning Inc. bought a new position in Boeing during the 2nd quarter worth $25,000. Piscataqua Savings Bank increased its stake in Boeing by 1,712.5% during the 2nd quarter. Piscataqua Savings Bank now owns 145 shares of the aircraft producer’s stock worth $30,000 after acquiring an additional 137 shares during the period. Monetary Management Group Inc. increased its stake in Boeing by 33.3% during the 1st quarter. Monetary Management Group Inc. now owns 200 shares of the aircraft producer’s stock worth $34,000 after acquiring an additional 50 shares during the period. Keener Financial Planning LLC bought a new position in Boeing during the 2nd quarter worth $41,000. Finally, Columbia River Financial Group LLC bought a new position in Boeing during the 1st quarter worth $50,000. Institutional investors own 64.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on BA shares. Morgan Stanley reaffirmed an “equal weight” rating on shares of Boeing in a report on Monday, July 28th. Jefferies Financial Group set a $255.00 target price on Boeing in a report on Tuesday, September 30th. Rothschild & Co Redburn raised Boeing from a “neutral” rating to a “buy” rating and set a $275.00 target price on the stock in a report on Friday, June 27th. UBS Group set a $280.00 target price on Boeing and gave the company a “buy” rating in a report on Wednesday, July 30th. Finally, JPMorgan Chase & Co. raised their target price on Boeing from $230.00 to $251.00 and gave the company an “overweight” rating in a report on Wednesday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $240.20.

Insider Buying and Selling at Boeing

In related news, EVP David Christopher Raymond sold 3,771 shares of the firm’s stock in a transaction on Friday, August 8th. The stock was sold at an average price of $229.94, for a total transaction of $867,103.74. Following the sale, the executive vice president owned 35,873 shares of the company’s stock, valued at $8,248,637.62. This trade represents a 9.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Mortimer J. Buckley acquired 2,200 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The shares were purchased at an average cost of $226.10 per share, for a total transaction of $497,420.00. Following the acquisition, the director owned 2,200 shares in the company, valued at $497,420. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.09% of the company’s stock.

Boeing Stock Up 0.6%

NYSE BA opened at $213.09 on Monday. The Boeing Company has a twelve month low of $128.88 and a twelve month high of $242.69. The company has a market cap of $161.13 billion, a price-to-earnings ratio of -12.91 and a beta of 1.47. The business’s fifty day moving average is $223.10 and its 200 day moving average is $208.23.

Boeing (NYSE:BA) last released its quarterly earnings data on Tuesday, July 29th. The aircraft producer reported ($1.24) earnings per share for the quarter, missing the consensus estimate of ($0.92) by ($0.32). The company had revenue of $22.75 billion during the quarter, compared to the consensus estimate of $20.13 billion. During the same quarter last year, the business posted ($2.90) earnings per share. The firm’s quarterly revenue was up 34.9% compared to the same quarter last year. On average, research analysts anticipate that The Boeing Company will post -2.58 earnings per share for the current fiscal year.

Boeing Company Profile

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.