Pittenger & Anderson Inc. lifted its stake in shares of Boeing Company (The) (NYSE:BA) by 15.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,330 shares of the aircraft producer’s stock after purchasing an additional 1,145 shares during the quarter. Pittenger & Anderson Inc.’s holdings in Boeing Company (The) were worth $1,647,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in BA. Proficio Capital Partners LLC increased its stake 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 worth $115,000 after acquiring an additional 402 shares during the last quarter. SRS Capital Advisors Inc. increased its stake 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 worth $131,000 after acquiring an additional 107 shares during the last quarter. Catamount Wealth Management bought a new position in Boeing Company (The) in the 2nd quarter worth about $138,000. Herndon Capital Management LLC increased its stake 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 worth $142,000 after acquiring an additional 165 shares during the last quarter. Finally, Shine Investment Advisory Services Inc. bought a new position in Boeing Company (The) in the 2nd quarter worth about $188,000. Institutional investors own 72.04% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Pittenger & Anderson Inc. Has $1.65 Million Position in Boeing Company (The) (BA)” was originally posted by Watch List News and is the property of of Watch List News. If you are reading this report on another website, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this report can be read at https://www.watchlistnews.com/pittenger-anderson-inc-has-1-65-million-position-in-boeing-company-the-ba/1723165.html.

Boeing Company (BA) opened at $265.15 on Friday. The company has a current ratio of 1.18, a quick ratio of 0.39 and a debt-to-equity ratio of 8.54. The company has a market capitalization of $157,917.64, a PE ratio of 27.19, a PEG ratio of 2.02 and a beta of 1.22. Boeing Company has a 1 year low of $148.31 and a 1 year high of $267.62.

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

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

A number of equities analysts have weighed in on the company. Argus restated a “buy” rating and issued a $270.00 target price on shares of Boeing Company (The) in a research note on Tuesday, August 1st. Zacks Investment Research lowered Boeing Company (The) from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. Vetr lowered Boeing Company (The) from a “strong-buy” rating to a “buy” rating and set a $266.88 target price on the stock. in a research note on Wednesday, August 16th. Wells Fargo & Co restated a “hold” rating and issued a $255.00 target price (up from $240.00) on shares of Boeing Company (The) in a research note on Wednesday, September 20th. Finally, Vertical Research restated a “hold” rating and issued a $242.00 target price (up from $187.00) on shares of Boeing Company (The) in a research note on Thursday, July 27th. Eleven analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $257.94.

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)

Receive News & Ratings for Boeing Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boeing Company (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.