OLD Second National Bank of Aurora continued to hold its stake in shares of Boeing Company (The) (NYSE:BA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 550 shares of the aircraft producer’s stock at the end of the second quarter. OLD Second National Bank of Aurora’s holdings in Boeing Company (The) were worth $109,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the company. Stokes & Hubbell Capital Management LLC boosted its stake in Boeing Company (The) by 2.6% in the first quarter. Stokes & Hubbell Capital Management LLC now owns 6,342 shares of the aircraft producer’s stock worth $1,122,000 after buying an additional 159 shares during the period. Prospera Financial Services Inc raised its position in shares of Boeing Company (The) by 16.8% in the first quarter. Prospera Financial Services Inc now owns 12,880 shares of the aircraft producer’s stock worth $2,278,000 after buying an additional 1,855 shares in the last quarter. 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 in the last quarter. 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 in the last quarter. Finally, 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 in the last quarter. Hedge funds and other institutional investors own 72.30% of the company’s stock.

Boeing Company (NYSE:BA) traded up 0.78% on Tuesday, reaching $239.02. 1,173,029 shares of the company’s stock traded hands. Boeing Company has a 12 month low of $126.31 and a 12 month 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. The company has a market cap of $141.28 billion, a PE ratio of 20.94 and a beta of 1.16.

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

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 11th will be issued a $1.42 dividend. This represents a $5.68 annualized dividend and a yield of 2.39%. The ex-dividend date is Wednesday, August 9th. Boeing Company (The)’s dividend payout ratio is presently 49.74%.

ILLEGAL ACTIVITY WARNING: “OLD Second National Bank of Aurora Has $109,000 Position in Boeing Company (The) (BA)” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another publication, it was copied illegally and republished in violation of U.S. & international copyright and trademark law. The original version of this report can be read at https://www.thecerbatgem.com/2017/08/29/old-second-national-bank-of-aurora-has-109000-position-in-boeing-company-the-ba.html.

BA has been the subject of several recent research reports. 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 research report on Tuesday, July 11th. Barclays PLC raised their price objective on shares of Boeing Company (The) from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Monday, May 22nd. Cowen and Company reaffirmed an “outperform” rating and set a $215.00 price objective on shares of Boeing Company (The) in a report on Thursday, May 11th. Vetr raised shares of Boeing Company (The) from a “buy” rating to a “strong-buy” rating and set a $199.85 price target on the stock in a research note on Thursday, May 18th. Finally, Credit Suisse Group reissued a “hold” rating on shares of Boeing Company (The) in a research note on Wednesday, July 19th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $232.08.

In other Boeing Company (The) news, Chairman Dennis A. Muilenburg sold 56,838 shares of the firm’s 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 completion of the sale, the chairman now owns 127,778 shares of the company’s stock, valued at $31,108,831.88. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Gregory D. Smith sold 19,757 shares of the firm’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $245.42, for a total value of $4,848,762.94. Following the completion of the sale, the chief financial officer now directly owns 152,195 shares of the company’s stock, valued at approximately $37,351,696.90. The disclosure for this sale can be found here. In the last three months, insiders sold 83,468 shares of company stock valued at $20,353,814. Corporate insiders own 0.28% of the company’s stock.

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.

Want to see what other hedge funds are holding BA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Boeing Company (The) (NYSE:BA).

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

Receive News & Stock Ratings for Boeing Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boeing Company (The) and related stocks with our FREE daily email newsletter.