MetLife Investment Advisors LLC decreased its position in shares of Boeing Co (NYSE:BA) by 1.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 149,377 shares of the aircraft producer’s stock after selling 1,670 shares during the quarter. MetLife Investment Advisors LLC’s holdings in Boeing were worth $56,975,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Massmutual Trust Co. FSB ADV raised its holdings in shares of Boeing by 1.0% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 2,851 shares of the aircraft producer’s stock valued at $919,000 after acquiring an additional 29 shares in the last quarter. Cardan Capital Partners LLC raised its holdings in shares of Boeing by 1.9% in the 1st quarter. Cardan Capital Partners LLC now owns 1,607 shares of the aircraft producer’s stock valued at $613,000 after acquiring an additional 30 shares in the last quarter. Howe & Rusling Inc. raised its holdings in shares of Boeing by 1.3% in the 4th quarter. Howe & Rusling Inc. now owns 2,416 shares of the aircraft producer’s stock valued at $779,000 after acquiring an additional 31 shares in the last quarter. Haverford Trust Co. raised its holdings in shares of Boeing by 0.4% in the 4th quarter. Haverford Trust Co. now owns 7,096 shares of the aircraft producer’s stock valued at $2,288,000 after acquiring an additional 31 shares in the last quarter. Finally, Apriem Advisors raised its holdings in shares of Boeing by 1.3% in the 4th quarter. Apriem Advisors now owns 2,459 shares of the aircraft producer’s stock valued at $793,000 after acquiring an additional 31 shares in the last quarter. Institutional investors own 67.99% of the company’s stock.

Several equities analysts have recently commented on the company. Goldman Sachs Group reiterated a “neutral” rating and set a $393.00 price objective on shares of Boeing in a research report on Monday, April 8th. Berenberg Bank set a $430.00 price objective on Boeing and gave the company a “buy” rating in a research report on Thursday, April 25th. ValuEngine lowered Boeing from a “buy” rating to a “hold” rating in a research report on Monday, May 13th. Cowen reiterated a “buy” rating and set a $460.00 price objective on shares of Boeing in a research report on Monday, April 8th. Finally, Zacks Investment Research lowered Boeing from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 10th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $407.40.

BA opened at $347.16 on Monday. The company has a debt-to-equity ratio of 48.98, a quick ratio of 0.29 and a current ratio of 1.07. Boeing Co has a 1 year low of $292.47 and a 1 year high of $446.01. The company has a market cap of $195.32 billion, a P/E ratio of 21.68, a P/E/G ratio of 2.15 and a beta of 1.31.

Boeing (NYSE:BA) last posted its quarterly earnings results on Wednesday, April 24th. The aircraft producer reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.11 by $0.05. Boeing had a negative return on equity of 1,857.97% and a net margin of 10.06%. The business had revenue of $22.92 billion for the quarter, compared to analyst estimates of $23.04 billion. During the same period last year, the company earned $3.64 EPS. Boeing’s revenue for the quarter was down 2.0% compared to the same quarter last year. Research analysts forecast that Boeing Co will post 14.43 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Friday, May 10th were given a $2.055 dividend. The ex-dividend date was Thursday, May 9th. This represents a $8.22 dividend on an annualized basis and a dividend yield of 2.37%. Boeing’s dividend payout ratio is currently 51.34%.

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Boeing Company Profile

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates in four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital.

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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