South Dakota Investment Council maintained its position in Boeing Company (The) (NYSE:BA) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,700 shares of the aircraft producer’s stock at the end of the 2nd quarter. South Dakota Investment Council’s holdings in Boeing Company (The) were worth $7,257,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BA. Proficio Capital Partners LLC raised its position in Boeing Company (The) by 181.9% in the 1st quarter. Proficio Capital Partners LLC now owns 623 shares of the aircraft producer’s stock valued at $115,000 after purchasing an additional 402 shares in the last quarter. SRS Capital Advisors Inc. raised its position in Boeing Company (The) by 16.9% in the 1st quarter. SRS Capital Advisors Inc. now owns 742 shares of the aircraft producer’s stock valued at $131,000 after purchasing an additional 107 shares in the last quarter. Catamount Wealth Management acquired a new stake in Boeing Company (The) in the 2nd quarter valued at about $138,000. Herndon Capital Management LLC raised its position in Boeing Company (The) by 29.7% in the 2nd quarter. Herndon Capital Management LLC now owns 720 shares of the aircraft producer’s stock valued at $142,000 after purchasing an additional 165 shares in the last quarter. Finally, Shine Investment Advisory Services Inc. acquired a new stake in Boeing Company (The) in the 2nd quarter valued at about $188,000. 72.04% of the stock is currently owned by institutional investors.

Several brokerages have recently weighed in on BA. Jefferies Group LLC raised their target price on Boeing Company (The) from $300.00 to $312.00 and gave the stock a “buy” rating in a research report on Tuesday. Royal Bank Of Canada set a $290.00 target price on Boeing Company (The) and gave the stock a “hold” rating in a research report on Wednesday, November 15th. Vetr raised Boeing Company (The) from a “sell” rating to a “hold” rating and set a $266.64 target price on the stock in a research report on Monday, November 13th. Nord/LB set a $250.00 target price on Boeing Company (The) and gave the stock a “neutral” rating in a research report on Thursday, November 2nd. Finally, Sanford C. Bernstein raised their target price on Boeing Company (The) from $303.00 to $310.00 and gave the stock an “outperform” rating in a research report on Monday, October 30th. Eleven equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $257.94.

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Shares of Boeing Company (BA) opened at $265.15 on Thursday. The company has a quick ratio of 0.39, a current ratio of 1.18 and a debt-to-equity ratio of 8.54. Boeing Company has a 12 month low of $148.31 and a 12 month high of $267.62. The firm has a market capitalization of $159,013.50, a P/E ratio of 27.38, a P/E/G ratio of 2.03 and a beta of 1.22.

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

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

Boeing Company (The) 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.

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

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