Regentatlantic Capital LLC cut its position in shares of Boeing Company (The) (NYSE:BA) by 1.9% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 17,683 shares of the aircraft producer’s stock after selling 335 shares during the period. Regentatlantic Capital LLC’s holdings in Boeing Company (The) were worth $3,497,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in BA. Proficio Capital Partners LLC boosted its position in shares of Boeing Company (The) by 181.9% in the first quarter. Proficio Capital Partners LLC now owns 623 shares of the aircraft producer’s stock worth $115,000 after buying an additional 402 shares in the last quarter. MCF Advisors LLC boosted its position in shares of Boeing Company (The) by 9.5% in the first quarter. MCF Advisors LLC now owns 712 shares of the aircraft producer’s stock worth $126,000 after buying an additional 62 shares in the last quarter. SRS Capital Advisors Inc. boosted its position in shares of Boeing Company (The) by 16.9% in the first quarter. SRS Capital Advisors Inc. now owns 742 shares of the aircraft producer’s stock worth $131,000 after buying an additional 107 shares in the last quarter. Gemmer Asset Management LLC boosted its position in shares of Boeing Company (The) by 50.6% in the first quarter. Gemmer Asset Management LLC now owns 899 shares of the aircraft producer’s stock worth $159,000 after buying an additional 302 shares in the last quarter. Finally, Pinnacle Bank acquired a new position in shares of Boeing Company (The) during the first quarter worth about $160,000. Institutional investors own 72.30% of the company’s stock.

Boeing Company (BA) traded down 0.40% on Thursday, reaching $239.49. 1,391,656 shares of the company traded hands. The firm has a 50 day moving average of $227.10 and a 200-day moving average of $194.29. Boeing Company has a one year low of $126.31 and a one year high of $246.49. The stock has a market capitalization of $141.56 billion, a PE ratio of 20.98 and a beta of 1.16.

Boeing Company (The) (NYSE:BA) last announced its earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 EPS for the quarter, beating the Thomson Reuters’ 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 business had revenue of $22.74 billion for the quarter, compared to analysts’ expectations of $22.97 billion. During the same period in the prior year, the business posted ($0.44) earnings per share. The firm’s revenue was down 8.1% on a year-over-year basis. On average, analysts anticipate that Boeing Company will post $9.99 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 11th will be issued a $1.42 dividend. This represents a $5.68 annualized dividend and a yield of 2.36%. The ex-dividend date of this dividend is Wednesday, August 9th. Boeing Company (The)’s payout ratio is presently 49.74%.

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A number of equities research analysts recently issued reports on the stock. Vetr cut shares of Boeing Company (The) from a “hold” rating to a “sell” rating and set a $223.75 target price for the company. in a research report on Wednesday, July 26th. Zacks Investment Research cut shares of Boeing Company (The) from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. Credit Suisse Group upgraded shares of Boeing Company (The) from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $200.00 to $300.00 in a research report on Thursday, July 27th. UBS AG increased their target price on shares of Boeing Company (The) from $180.00 to $253.00 and gave the stock a “neutral” rating in a research report on Friday, August 4th. Finally, ValuEngine upgraded shares of Boeing Company (The) from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $232.08.

In related news, SVP Thomas J. Downey sold 134 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $241.20, for a total value of $32,320.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Heidi B. Capozzi sold 4,217 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $241.51, for a total value of $1,018,447.67. The disclosure for this sale can be found here. Insiders sold 83,468 shares of company stock worth $20,353,814 over the last quarter. 0.28% of the stock is currently owned by company insiders.

Boeing Company (The) 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.

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

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