Condor Capital Management decreased its position in Boeing Company (The) (NYSE:BA) by 2.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,177 shares of the aircraft producer’s stock after selling 297 shares during the period. Condor Capital Management’s holdings in Boeing Company (The) were worth $1,800,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the company. Atria Investments LLC raised its position in shares of Boeing Company (The) by 4.7% in the first quarter. Atria Investments LLC now owns 9,008 shares of the aircraft producer’s stock worth $1,593,000 after buying an additional 401 shares during the period. American National Bank raised its position in shares of 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 during the period. Winslow Evans & Crocker Inc. raised its position in shares of Boeing Company (The) by 122.2% in the first quarter. Winslow Evans & Crocker Inc. now owns 5,710 shares of the aircraft producer’s stock worth $1,010,000 after buying an additional 3,140 shares during the period. Hays Advisory LLC raised its position in shares of Boeing Company (The) by 9.6% in the first quarter. Hays Advisory LLC now owns 1,673 shares of the aircraft producer’s stock worth $296,000 after buying an additional 146 shares during the period. Finally, First Command Financial Services Inc. raised its position in shares of 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 during the period. 74.44% of the stock is currently owned by institutional investors and hedge funds.

Shares of Boeing Company (BA) traded down 0.66% during mid-day trading on Friday, reaching $237.17. The company’s stock had a trading volume of 500,773 shares. The company has a 50-day moving average of $226.15 and a 200-day moving average of $193.77. The firm has a market cap of $140.19 billion, a PE ratio of 20.78 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 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.23. The company had revenue of $22.74 billion during 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 quarterly revenue was down 8.1% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.44) EPS. On average, analysts predict that Boeing Company will post $9.99 earnings per share 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 dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 2.38%. The ex-dividend date of this dividend is Wednesday, August 9th. Boeing Company (The)’s dividend payout ratio is presently 49.74%.

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A number of equities analysts recently issued reports on the stock. Argus reaffirmed a “buy” rating and set a $270.00 target price on shares of Boeing Company (The) in a research report on Tuesday, August 1st. Canaccord Genuity reaffirmed a “hold” rating and set a $215.00 target price (up previously from $200.00) on shares of Boeing Company (The) in a research report on Sunday, July 30th. J P Morgan Chase & Co lifted their price target on shares of Boeing Company (The) from $20.00 to $280.00 and gave the stock an “overweight” rating in a research note on Monday, July 31st. Vetr upgraded shares of Boeing Company (The) from a “sell” rating to a “buy” rating and set a $253.33 price target on the stock in a research note on Monday, July 31st. Finally, TheStreet upgraded shares of Boeing Company (The) from a “c+” rating to a “b” rating in a research note on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. Boeing Company (The) currently has a consensus rating of “Buy” and an average target price of $232.08.

In related news, CFO Gregory D. Smith sold 19,757 shares of the stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $245.42, for a total transaction of $4,848,762.94. Following the completion of the sale, the chief financial officer now directly owns 152,195 shares in the company, valued at approximately $37,351,696.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Heidi B. Capozzi sold 4,217 shares of the stock in a transaction dated 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 have sold a total of 83,468 shares of company stock valued at $20,353,814 over the last 90 days. 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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