Wealth Architects LLC trimmed its holdings in shares of Boeing Company (The) (NYSE:BA) by 0.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,682 shares of the aircraft producer’s stock after selling 9 shares during the quarter. Wealth Architects LLC’s holdings in Boeing were worth $332,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also bought and sold shares of the stock. Harbour Capital Advisors LLC boosted its holdings in shares of Boeing by 18,613.5% in the 2nd quarter. Harbour Capital Advisors LLC now owns 1,342,129 shares of the aircraft producer’s stock worth $6,787,000 after purchasing an additional 1,334,957 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Boeing by 66.5% in the 1st quarter. AQR Capital Management LLC now owns 2,627,684 shares of the aircraft producer’s stock worth $464,732,000 after purchasing an additional 1,049,546 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Boeing by 63.7% in the 2nd quarter. Principal Financial Group Inc. now owns 1,442,748 shares of the aircraft producer’s stock worth $285,303,000 after purchasing an additional 561,343 shares in the last quarter. Bank of Nova Scotia boosted its holdings in shares of Boeing by 181.0% in the 1st quarter. Bank of Nova Scotia now owns 609,760 shares of the aircraft producer’s stock worth $107,843,000 after purchasing an additional 392,786 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its holdings in shares of Boeing by 11.7% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 2,943,099 shares of the aircraft producer’s stock worth $520,517,000 after purchasing an additional 308,976 shares in the last quarter. Institutional investors and hedge funds own 72.04% of the company’s stock.

A number of research firms have recently issued reports on BA. Vetr upgraded Boeing from a “hold” rating to a “buy” rating and set a $253.33 price objective for the company in a report on Monday, August 7th. Sanford C. Bernstein reissued an “outperform” rating and issued a $274.00 target price on shares of Boeing in a research note on Friday, August 11th. Zacks Investment Research lowered Boeing from a “buy” rating to a “hold” rating in a research note on Tuesday, September 19th. UBS AG boosted their target price on Boeing from $180.00 to $253.00 and gave the company a “neutral” rating in a research note on Friday, August 4th. Finally, ValuEngine lowered Boeing from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Eleven investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $257.94.

Boeing Company (NYSE BA) opened at $265.88 on Monday. The company has a market capitalization of $158,352.28, a P/E ratio of 27.27, a price-to-earnings-growth ratio of 2.02 and a beta of 1.22. The company has a current ratio of 1.18, a quick ratio of 0.39 and a debt-to-equity ratio of 8.54. Boeing Company has a 52-week low of $148.31 and a 52-week high of $267.62.

Boeing (NYSE:BA) last released its quarterly earnings results on Wednesday, October 25th. The aircraft producer reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.65 by $0.07. The business had revenue of $24.31 billion during the quarter, compared to analyst estimates of $24.09 billion. Boeing had a return on equity of 12,064.25% and a net margin of 7.33%. Boeing’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.51 EPS. equities research analysts forecast that Boeing Company will post 10.1 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Friday, November 10th will be given a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date of this dividend is Thursday, November 9th. Boeing’s payout ratio is 52.21%.

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Boeing 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 (NYSE:BA)

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