Wells Fargo & Company reissued their market perform rating on shares of Boeing Company (The) (NYSE:BA) in a report released on Monday, July 10th.

BA has been the topic of a number of other research reports. Vetr cut shares of Boeing Company (The) from a buy rating to a hold rating and set a $205.82 target price on the stock. in a research report on Tuesday, July 4th. ValuEngine upgraded shares of Boeing Company (The) from a hold rating to a buy rating in a research report on Friday, June 2nd. Barclays PLC boosted their price objective on shares of Boeing Company (The) from $190.00 to $200.00 and gave the company an overweight rating in a research report on Monday, May 22nd. Gabelli restated a buy rating on shares of Boeing Company (The) in a research report on Friday, April 7th. Finally, Credit Suisse Group restated a hold rating and issued a $200.00 price objective on shares of Boeing Company (The) in a research report on Thursday, April 27th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and fourteen have given a buy rating to the stock. Boeing Company (The) presently has an average rating of Hold and an average price target of $228.31.

Shares of Boeing Company (BA) opened at 239.50 on Monday. The company has a 50-day moving average price of $211.74 and a 200-day moving average price of $186.31. The firm has a market capitalization of $141.56 billion, a P/E ratio of 20.98 and a beta of 1.16. Boeing Company has a 12-month low of $126.31 and a 12-month high of $246.49.

Boeing Company (The) (NYSE:BA) last issued its earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.23. The company had revenue of $22.74 billion for the quarter, compared to analysts’ expectations of $22.97 billion. Boeing Company (The) had a net margin of 7.84% and a return on equity of 2,185.10%. The firm’s revenue was down 8.1% compared to the same quarter last year. During the same quarter last year, the company earned ($0.44) EPS. Equities analysts predict that Boeing Company will post $9.95 EPS for the current year.

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The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Friday, August 11th will be issued a dividend of $1.42 per share. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $5.68 annualized dividend and a dividend yield of 2.37%. Boeing Company (The)’s payout ratio is 49.74%.

In other news, SVP Robert E. Verbeck sold 2,522 shares of the business’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $244.45, for a total transaction of $616,502.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Heidi B. Capozzi sold 4,217 shares of the business’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 transaction of $1,018,447.67. The disclosure for this sale can be found here. Insiders have sold 83,334 shares of company stock valued at $20,321,493 over the last three months. 0.28% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Thomas J. Herzfeld Advisors Inc. bought a new position in Boeing Company (The) during the fourth quarter valued at $109,000. Proficio Capital Partners LLC boosted its stake 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 stake 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 stake 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. Finally, Catamount Wealth Management acquired a new stake in shares of Boeing Company (The) during the second quarter worth approximately $138,000. 74.47% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Boeing Company (The) (NYSE:BA)

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