Tredje AP fonden increased its stake in shares of Boeing Company (The) (NYSE:BA) by 3.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 59,326 shares of the aircraft producer’s stock after acquiring an additional 1,960 shares during the quarter. Tredje AP fonden’s holdings in Boeing Company (The) were worth $11,732,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. State Street Corp boosted its stake in Boeing Company (The) by 0.3% during the first quarter. State Street Corp now owns 28,433,353 shares of the aircraft producer’s stock worth $5,028,731,000 after acquiring an additional 87,850 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in Boeing Company (The) by 4.2% during the second quarter. Schwab Charles Investment Management Inc. now owns 3,066,519 shares of the aircraft producer’s stock worth $606,405,000 after acquiring an additional 123,420 shares in the last quarter. LSV Asset Management boosted its stake in Boeing Company (The) by 0.7% during the second quarter. LSV Asset Management now owns 3,006,858 shares of the aircraft producer’s stock worth $594,606,000 after acquiring an additional 21,804 shares in the last quarter. Legal & General Group Plc boosted its stake in Boeing Company (The) by 9.3% during the second quarter. Legal & General Group Plc now owns 2,906,822 shares of the aircraft producer’s stock worth $574,841,000 after acquiring an additional 246,578 shares in the last quarter. Finally, AQR Capital Management LLC boosted its stake in Boeing Company (The) by 66.5% during the first quarter. AQR Capital Management LLC now owns 2,627,684 shares of the aircraft producer’s stock worth $464,732,000 after acquiring an additional 1,049,546 shares in the last quarter. 72.04% of the stock is currently owned by institutional investors and hedge funds.

Boeing Company (NYSE:BA) opened at $266.99 on Wednesday. The company has a debt-to-equity ratio of 8.54, a current ratio of 1.18 and a quick ratio of 0.39. Boeing Company has a 1 year low of $147.88 and a 1 year high of $267.62. The company has a market cap of $157,607.94, a P/E ratio of 27.14, a PEG ratio of 2.01 and a beta of 1.22.

Boeing Company (The) (NYSE:BA) last released its quarterly earnings data on Wednesday, October 25th. The aircraft producer reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.65 by $0.07. Boeing Company (The) had a net margin of 7.33% and a return on equity of 12,064.25%. The company had revenue of $24.31 billion during the quarter, compared to analyst estimates of $24.09 billion. During the same period last year, the business earned $3.51 earnings per share. Boeing Company (The)’s revenue was up 1.7% compared to the same quarter last year. analysts predict that Boeing Company will post 10.1 EPS 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 $1.42 dividend. The ex-dividend date is Thursday, November 9th. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.13%. Boeing Company (The)’s dividend payout ratio (DPR) is currently 52.21%.

Several research analysts have weighed in on the stock. Jefferies Group LLC upped their price objective on shares of Boeing Company (The) from $300.00 to $312.00 and gave the stock a “buy” rating in a report on Tuesday. Royal Bank Of Canada set a $290.00 price objective on shares of Boeing Company (The) and gave the stock a “hold” rating in a report on Wednesday, November 15th. Vetr upgraded shares of Boeing Company (The) from a “sell” rating to a “hold” rating and set a $266.64 price objective on the stock in a report on Monday, November 13th. Nord/LB set a $250.00 price objective on shares of Boeing Company (The) and gave the stock a “neutral” rating in a report on Thursday, November 2nd. Finally, Sanford C. Bernstein upped their price objective on shares of Boeing Company (The) from $303.00 to $310.00 and gave the stock an “outperform” rating in a report on Monday, October 30th. Eleven investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $257.94.

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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.

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

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