Henson Edgewater Management Buys New Stake in Boeing
Henson Edgewater Management LLC has acquired a new stake in shares of The Boeing Company (NYSE:BA) through its most recent Form 13F filing with the SEC. The fund purchased 17,147 shares of Boeing's stock, valued at approximately $3,964,000.
This represents about 2.2% of Henson Edgewater Management LLC's portfolio, making Boeing its 15th largest holding.
Other institutional investors have also recently bought and sold shares of Boeing, with Revolve Wealth Partners LLC buying a new position in the fourth quarter worth around $201,000.
Several analysts have commented on Boeing's stock, with Barclays downgrading it from an 'equal weight' rating to an 'underweight' rating in August. However, Tigress Financial increased its price target on Boeing from $295.00 to $305.00 and gave the stock a 'buy' rating.