Accuvest Global Advisors lessened its holdings in Boeing Company (The) (NYSE:BA) by 0.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,462 shares of the aircraft producer’s stock after selling 18 shares during the quarter. Accuvest Global Advisors’ holdings in Boeing Company (The) were worth $487,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the business. Deroy & Devereaux Private Investment Counsel Inc. grew its stake in Boeing Company (The) by 0.3% in the 2nd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 2,131 shares of the aircraft producer’s stock valued at $421,000 after purchasing an additional 6 shares during the period. GWM Advisors LLC grew its stake in Boeing Company (The) by 0.6% in the 1st quarter. GWM Advisors LLC now owns 1,324 shares of the aircraft producer’s stock valued at $233,000 after purchasing an additional 8 shares during the period. Silicon Valley Capital Partners grew its stake in Boeing Company (The) by 0.7% in the 2nd quarter. Silicon Valley Capital Partners now owns 1,240 shares of the aircraft producer’s stock valued at $245,000 after purchasing an additional 9 shares during the period. Arcus Capital Partners LLC grew its stake in Boeing Company (The) by 0.8% in the 1st quarter. Arcus Capital Partners LLC now owns 1,628 shares of the aircraft producer’s stock valued at $288,000 after purchasing an additional 13 shares during the period. Finally, Lourd Capital LLC grew its stake in Boeing Company (The) by 0.8% in the 2nd quarter. Lourd Capital LLC now owns 1,683 shares of the aircraft producer’s stock valued at $333,000 after purchasing an additional 14 shares during the period. Hedge funds and other institutional investors own 72.17% of the company’s stock.

In other Boeing Company (The) news, SVP Heidi B. Capozzi sold 4,217 shares of the stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $241.51, for a total transaction of $1,018,447.67. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Robert E. Verbeck sold 2,522 shares of the stock in a transaction on Monday, July 31st. The shares were sold at an average price of $244.45, for a total value of $616,502.90. The disclosure for this sale can be found here. Insiders have sold a total of 83,468 shares of company stock worth $20,353,814 in the last ninety days. Insiders own 0.28% of the company’s stock.

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BA has been the subject of several research reports. Zacks Investment Research upgraded Boeing Company (The) from a “hold” rating to a “buy” rating and set a $228.00 price target for the company in a research note on Tuesday, July 11th. Deutsche Bank AG increased their price target on Boeing Company (The) to $300.00 and gave the stock a “buy” rating in a research note on Thursday, September 14th. Berenberg Bank set a $245.00 price target on Boeing Company (The) and gave the stock a “buy” rating in a research note on Friday, July 21st. Credit Suisse Group reiterated a “sell” rating on shares of Boeing Company (The) in a research note on Friday, July 28th. Finally, J P Morgan Chase & Co upgraded Boeing Company (The) from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $205.00 to $240.00 in a research note on Friday, July 14th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and fourteen have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $241.32.

Boeing Company (NYSE BA) opened at 254.21 on Friday. The stock has a market cap of $150.26 billion, a PE ratio of 22.27 and a beta of 1.18. Boeing Company has a 52 week low of $129.86 and a 52 week high of $259.30. The firm’s 50-day moving average price is $239.32 and its 200-day moving average price is $202.49.

Boeing Company (The) (NYSE:BA) last announced its earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.23. The business had revenue of $22.74 billion for the quarter, compared to analysts’ expectations of $22.97 billion. Boeing Company (The) had a return on equity of 2,185.10% and a net margin of 7.84%. The business’s revenue for the quarter was down 8.1% on a year-over-year basis. During the same quarter last year, the firm earned ($0.44) EPS. Equities analysts predict that Boeing Company will post $10.02 earnings per share for the current fiscal year.

Boeing Company (The) Company Profile

The Boeing Company is an aerospace company. The Company’s segments include Commercial Airplanes; Defense, Space & Security (BDS), such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, to the commercial airline industry.

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Institutional Ownership by Quarter for Boeing Company (The) (NYSE:BA)

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