Howe & Rusling Inc. raised its position in shares of Boeing Company (The) by 0.3% in the first quarter. Blue Granite Capital LLC's holdings in Boeing Company (The) were worth $3,617,000 at the end of the most recent reporting period.
A number of equities analysts recently issued reports on BA shares. Thomas J. Herzfeld Advisors Inc. purchased a new position in Boeing Company (The) during the fourth quarter worth $109,000. Lebenthal Asset Management LLC now owns 87,960 shares of the aircraft producer's stock worth $13,693,000 after buying an additional 2,410 shares during the last quarter.
Connecticut Wealth Management LLC lowered its position in Boeing Company (The) (NYSE:BA) by 8.5% during the first quarter, according to its most recent filing with the SEC. Trust Co. of Virginia VA now owns 3,239 shares of the aircraft producer's stock worth $573,000 after buying an additional 15 shares during the last quarter. Finally, Taylor Wealth Management Partners increased its position in shares of Boeing Company (The) by 61.6% in the first quarter. Swiss National Bank now owns 2,077,391 shares of the aircraft producer's stock worth $367,407,000 after buying an additional 418,500 shares during the last quarter. Bath Savings Trust Co bought a new stake in shares of Boeing Company (The) during the first quarter valued at $207,000. Bank of Nova Scotia now owns 609,760 shares of the aircraft producer's stock valued at $107,843,000 after buying an additional 392,786 shares in the last quarter. American Investment Services Inc. increased its stake in shares of Boeing Company (The) by 116.1% in the first quarter. MCF Advisors LLC now owns 712 shares of the aircraft producer's stock valued at $126,000 after buying an additional 62 shares during the period.
Several institutional investors have recently made changes to their positions in the stock.
Shares of Boeing Company (BA) traded down 0.187% during mid-day trading on Friday, reaching $233.872. The company's 50 day moving average is $215.17 and its 200 day moving average is $188.23. Boeing Company has a 1-year low of $126.31 and a 1-year high of $246.49. The company has market cap of $18.15 billion.
Boeing Company (The) (NYSE:BA) last posted its quarterly earnings results on Wednesday, July 26th. The aircraft producer posted $2.55 EPS for the period, topping analysts' average forecasts of $2.32 by $0.23. The firm had revenue of $22.74 billion for the quarter, compared to analyst estimates of $22.97 billion.
The Boeing Company (BA) stock marked a gap of -4.94% off its 52 week- peak price value and pointed turn of 85.50% from its 52 week-bottom price value. During the same period past year, the company posted ($0.44) earnings per share.
The company announced a dividend payable on Friday September 1st, 2017. The dividend payment will be $1.420 per share for the quarter which comes to $5.68 on an annualized basis. The ex-dividend date of this dividend is Wednesday, August 9th. Boeing Company (The)'s dividend payout ratio (DPR) is 49.74%.
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Several research firms have recently weighed in on BA. Jefferies Group LLC increased their target price on shares of Boeing Company (The) to $275.00 and gave the stock a buy rating in a research report on Thursday, July 27th. Argus Research maintained it with "Buy" rating and $155 target in Thursday, April 28 report. Finally, Wells Fargo & Company reissued a "market perform" rating on shares of Boeing Company (The) in a report on Monday, July 10th. Buckingham Research upgraded the shares of BA in report on Friday, July 28 to "Neutral" rating. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and fourteen have given a buy rating to the company. The stock has a average recommendation of "Hold" and an average price target of $228.31. The shares were sold at an average price of $243.46, for a total transaction of $13,837,779.48. The stock was unloaded at a price range of of $245.42, amounting $4,848,762.94. after the transaction, the CFO has an ownership of 152,195 company stock worth at roughly $37,351,696.90. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman Dennis A. Muilenburg sold 56,838 shares of the stock in a transaction on Monday, July 31st.
Shares of the company are trading at $234.31 which is marginally higher than $214.61, the stock's 50 day moving average and a bit higher than the 200 day moving average of $187.89. The disclosure for this sale can be found here. Insiders have sold 83,468 shares of company stock valued at $20,353,814 over the last ninety days. Company insiders own 0.28% of the company's stock.