Community Financial Services Group LLC boosted its position in shares of Boeing Company (The) (NYSE:BA) by 0.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,774 shares of the aircraft producer’s stock after buying an additional 435 shares during the period. Boeing Company (The) comprises approximately 4.1% of Community Financial Services Group LLC’s holdings, making the stock its largest position. Community Financial Services Group LLC’s holdings in Boeing Company (The) were worth $9,157,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its stake in Boeing Company (The) by 66.5% in the first quarter. AQR Capital Management LLC now owns 2,627,684 shares of the aircraft producer’s stock worth $464,732,000 after buying an additional 1,049,546 shares in the last quarter. Bank of Montreal Can increased its stake in Boeing Company (The) by 30.6% in the first quarter. Bank of Montreal Can now owns 2,968,297 shares of the aircraft producer’s stock worth $524,974,000 after buying an additional 694,658 shares in the last quarter. Swiss National Bank increased its stake in Boeing Company (The) by 25.2% in the first quarter. Swiss National Bank now owns 2,077,391 shares of the aircraft producer’s stock worth $367,407,000 after buying an additional 418,500 shares in the last quarter. Bank of Nova Scotia increased its stake in Boeing Company (The) by 181.0% in the first quarter. Bank of Nova Scotia now owns 609,760 shares of the aircraft producer’s stock worth $107,843,000 after buying an additional 392,786 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. increased its stake in Boeing Company (The) by 11.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 2,943,099 shares of the aircraft producer’s stock worth $520,517,000 after buying an additional 308,976 shares in the last quarter. Institutional investors and hedge funds own 74.44% of the company’s stock.

Shares of Boeing Company (NYSE:BA) traded up 0.16% during trading on Tuesday, reaching $237.54. The company’s stock had a trading volume of 635,002 shares. The stock has a 50 day moving average of $218.14 and a 200-day moving average of $189.95. The company has a market capitalization of $140.41 billion, a PE ratio of 20.81 and a beta of 1.16. Boeing Company has a 1-year low of $126.31 and a 1-year high of $246.49.

Boeing Company (The) (NYSE:BA) last posted its earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 EPS for the quarter, beating the Zacks’ consensus estimate of $2.32 by $0.23. Boeing Company (The) had a return on equity of 2,185.10% and a net margin of 7.84%. The company had revenue of $22.74 billion for the quarter, compared to the consensus estimate of $22.97 billion. During the same quarter in the previous year, the business earned ($0.44) earnings per share. The company’s revenue for the quarter was down 8.1% on a year-over-year basis. On average, analysts expect that Boeing Company will post $9.95 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 11th will be given a $1.42 dividend. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $5.68 dividend on an annualized basis and a yield of 2.40%. Boeing Company (The)’s dividend payout ratio is currently 49.74%.

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A number of equities research analysts have issued reports on BA shares. Goldman Sachs Group, Inc. (The) restated a “sell” rating and set a $134.00 price target on shares of Boeing Company (The) in a research note on Thursday, April 27th. Zacks Investment Research upgraded Boeing Company (The) from a “hold” rating to a “buy” rating and set a $228.00 price objective for the company in a research note on Tuesday, July 11th. Barclays PLC boosted their price objective on Boeing Company (The) from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Monday, May 22nd. Canaccord Genuity boosted their price objective on Boeing Company (The) from $162.00 to $170.00 and gave the company a “hold” rating in a research note on Tuesday, April 18th. Finally, Deutsche Bank AG boosted their price objective on Boeing Company (The) from $205.00 to $210.00 and gave the company a “buy” rating in a research note on Friday, April 28th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have issued a buy rating to the stock. Boeing Company (The) presently has a consensus rating of “Hold” and a consensus price target of $228.31.

In related news, SVP Thomas J. Downey sold 134 shares of the business’s stock in a transaction on Monday, August 7th. The stock was sold at an average price of $241.20, for a total value of $32,320.80. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Gregory D. Smith sold 19,757 shares of the business’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $245.42, for a total value of $4,848,762.94. Following the completion of the sale, the chief financial officer now owns 152,195 shares in the company, valued at approximately $37,351,696.90. The disclosure for this sale can be found here. Insiders sold 83,468 shares of company stock worth $20,353,814 in the last 90 days. Company insiders own 0.28% of the company’s stock.

About Boeing Company (The)

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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