Hilltop Holdings Inc. Buys New Stake in The Boeing Company $BA

Hilltop Holdings Inc. purchased a new stake in The Boeing Company (NYSE:BAFree Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 4,507 shares of the aircraft producer’s stock, valued at approximately $897,000.

Several other large investors also recently bought and sold shares of BA. Measured Wealth Private Client Group LLC acquired a new stake in shares of Boeing in the 3rd quarter valued at about $25,000. Strive Financial Group LLC purchased a new position in Boeing during the 4th quarter worth approximately $25,000. Ares Financial Consulting LLC acquired a new position in Boeing during the fourth quarter worth approximately $26,000. CrossGen Wealth LLC acquired a new position in Boeing during the fourth quarter worth approximately $26,000. Finally, Strategic Wealth Advisors LLC purchased a new stake in Boeing in the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 64.82% of the company’s stock.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

Wall Street Analyst Weigh In

BA has been the topic of a number of research reports. Wolfe Research restated an “outperform” rating and set a $275.00 target price on shares of Boeing in a research report on Thursday, April 23rd. Weiss Ratings restated a “sell (d+)” rating on shares of Boeing in a research note on Tuesday, July 21st. Wells Fargo & Company started coverage on shares of Boeing in a research note on Wednesday, April 1st. They set an “overweight” rating and a $250.00 target price for the company. Morgan Stanley boosted their price target on Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a research report on Thursday, April 23rd. Finally, Citigroup increased their price objective on Boeing from $256.00 to $260.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Boeing has an average rating of “Moderate Buy” and an average target price of $261.53.

View Our Latest Stock Analysis on Boeing

Boeing Price Performance

Shares of NYSE:BA opened at $209.51 on Monday. The company has a quick ratio of 0.35, a current ratio of 1.18 and a debt-to-equity ratio of 7.42. The company has a market cap of $165.15 billion, a P/E ratio of 101.70 and a beta of 1.21. The Boeing Company has a 52 week low of $176.77 and a 52 week high of $254.35. The company has a 50-day moving average price of $219.35 and a 200 day moving average price of $224.33.

Insider Activity

In other Boeing news, Director Bradley D. Tilden bought 1,370 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was acquired at an average cost of $218.50 per share, with a total value of $299,345.00. Following the purchase, the director owned 1,370 shares in the company, valued at approximately $299,345. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.10% of the company’s stock.

Boeing Company Profile

(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.

Featured Stories

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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