South State Corp boosted its position in shares of Boeing Company (The) (NYSE:BA) by 8.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 40,351 shares of the aircraft producer’s stock after buying an additional 3,091 shares during the period. South State Corp’s holdings in Boeing Company (The) were worth $7,137,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. American National Bank boosted its position in Boeing Company (The) by 30.6% in the first quarter. American National Bank now owns 28,410 shares of the aircraft producer’s stock worth $5,025,000 after buying an additional 6,661 shares in the last quarter. Sonata Capital Group Inc. boosted its position in Boeing Company (The) by 0.3% in the first quarter. Sonata Capital Group Inc. now owns 4,999 shares of the aircraft producer’s stock worth $884,000 after buying an additional 16 shares in the last quarter. Investment Partners Ltd. OH ADV boosted its position in Boeing Company (The) by 1.1% in the first quarter. Investment Partners Ltd. OH ADV now owns 7,201 shares of the aircraft producer’s stock worth $1,274,000 after buying an additional 79 shares in the last quarter. First Command Financial Services Inc. boosted its position in Boeing Company (The) by 2.3% in the first quarter. First Command Financial Services Inc. now owns 5,028 shares of the aircraft producer’s stock worth $889,000 after buying an additional 111 shares in the last quarter. Finally, Checchi Capital Advisers LLC boosted its position in Boeing Company (The) by 7.9% in the first quarter. Checchi Capital Advisers LLC now owns 6,778 shares of the aircraft producer’s stock worth $1,199,000 after buying an additional 499 shares in the last quarter. 72.30% of the stock is owned by institutional investors.

Boeing Company (NYSE BA) traded down 0.03% during trading on Monday, reaching $235.83. 697,062 shares of the company’s stock traded hands. The stock has a market cap of $139.40 billion, a P/E ratio of 20.66 and a beta of 1.16. Boeing Company has a one year low of $126.31 and a one year high of $246.49. The firm’s 50 day moving average price is $227.10 and its 200-day moving average price is $194.29.

Boeing Company (The) (NYSE:BA) last issued its quarterly earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.32 by $0.23. The firm had revenue of $22.74 billion for the quarter, compared to analysts’ expectations of $22.97 billion. Boeing Company (The) had a return on equity of 2,185.10% and a net margin of 7.84%. Boeing Company (The)’s revenue was down 8.1% on a year-over-year basis. During the same quarter last year, the business posted ($0.44) EPS. On average, equities analysts anticipate that Boeing Company will post $9.99 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 11th will be paid a $1.42 dividend. The ex-dividend date is Wednesday, August 9th. This represents a $5.68 dividend on an annualized basis and a yield of 2.41%. Boeing Company (The)’s dividend payout ratio is currently 49.74%.

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A number of research analysts have issued reports on BA shares. Zacks Investment Research raised shares of Boeing Company (The) from a “hold” rating to a “buy” rating and set a $228.00 price target for the company in a report on Tuesday, July 11th. Berenberg Bank set a $245.00 price target on shares of Boeing Company (The) and gave the stock a “buy” rating in a report on Friday, July 21st. Cowen and Company reaffirmed an “outperform” rating and issued a $215.00 price target on shares of Boeing Company (The) in a report on Thursday, May 11th. Credit Suisse Group reaffirmed a “sell” rating on shares of Boeing Company (The) in a report on Friday, July 28th. Finally, Vetr raised shares of Boeing Company (The) from a “buy” rating to a “strong-buy” rating and set a $199.85 price target for the company in a report on Thursday, May 18th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $232.08.

In related news, Chairman Dennis A. Muilenburg sold 56,838 shares of Boeing Company (The) stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $243.46, for a total value of $13,837,779.48. Following the transaction, the chairman now owns 127,778 shares of the company’s stock, valued at approximately $31,108,831.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Robert E. Verbeck sold 2,522 shares of Boeing Company (The) stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $244.45, for a total value of $616,502.90. The disclosure for this sale can be found here. Insiders sold a total of 83,468 shares of company stock worth $20,353,814 in the last three months. 0.28% of the stock is currently owned by company insiders.

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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