Levy Harkins & Co. Inc. decreased its holdings in Boeing Company (The) (NYSE:BA) by 1.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 126,572 shares of the aircraft producer’s stock after selling 2,515 shares during the quarter. Boeing Company (The) makes up 8.7% of Levy Harkins & Co. Inc.’s portfolio, making the stock its 4th biggest position. Levy Harkins & Co. Inc.’s holdings in Boeing Company (The) were worth $25,030,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Sonata Capital Group Inc. raised its stake in Boeing Company (The) by 0.3% during the first quarter. Sonata Capital Group Inc. now owns 4,999 shares of the aircraft producer’s stock valued at $884,000 after buying an additional 16 shares in the last quarter. Investment Partners Ltd. OH ADV raised its stake in Boeing Company (The) by 1.1% during the first quarter. Investment Partners Ltd. OH ADV now owns 7,201 shares of the aircraft producer’s stock valued at $1,274,000 after buying an additional 79 shares in the last quarter. Checchi Capital Advisers LLC raised its stake in Boeing Company (The) by 7.9% during the first quarter. Checchi Capital Advisers LLC now owns 6,778 shares of the aircraft producer’s stock valued at $1,199,000 after buying an additional 499 shares in the last quarter. UMB Bank N A MO raised its stake in Boeing Company (The) by 5.9% during the first quarter. UMB Bank N A MO now owns 167,067 shares of the aircraft producer’s stock valued at $29,548,000 after buying an additional 9,343 shares in the last quarter. Finally, Hudock Capital Group LLC raised its stake in Boeing Company (The) by 438.2% during the first quarter. Hudock Capital Group LLC now owns 8,289 shares of the aircraft producer’s stock valued at $1,466,000 after buying an additional 6,749 shares in the last quarter. Institutional investors and hedge funds own 72.31% of the company’s stock.

In other news, CFO Gregory D. Smith sold 19,757 shares of Boeing Company (The) stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $245.42, for a total value of $4,848,762.94. Following the completion of the transaction, the chief financial officer now owns 152,195 shares in the company, valued at $37,351,696.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Thomas J. Downey sold 134 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $241.20, for a total transaction of $32,320.80. The disclosure for this sale can be found here. Insiders sold 83,468 shares of company stock valued at $20,353,814 in the last quarter. 0.28% of the stock is currently owned by corporate insiders.

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Shares of Boeing Company (BA) traded up 1.54% during trading on Friday, reaching $249.00. The company’s stock had a trading volume of 9,033,301 shares. Boeing Company has a 12 month low of $127.27 and a 12 month high of $249.95. The company’s 50-day moving average is $238.70 and its 200-day moving average is $201.20. The company has a market capitalization of $147.18 billion, a P/E ratio of 21.82 and a beta of 1.18.

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

The company also recently announced a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Friday, August 11th were paid a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date was Wednesday, August 9th. Boeing Company (The)’s dividend payout ratio (DPR) is currently 49.74%.

Several analysts have issued reports on BA shares. Cowen and Company upped their price objective on Boeing Company (The) from $9.80 to $300.00 in a research note on Wednesday, July 26th. TheStreet upgraded Boeing Company (The) from a “c+” rating to a “b” rating in a research note on Wednesday, July 26th. ValuEngine upgraded Boeing Company (The) from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Jefferies Group LLC upped their price objective on Boeing Company (The) from $200.00 to $230.00 and gave the company a “buy” rating in a research note on Monday, July 10th. Finally, Vetr upgraded Boeing Company (The) from a “hold” rating to a “buy” rating and set a $206.38 price objective on the stock in a research note on Thursday, June 29th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. Boeing Company (The) has a consensus rating of “Buy” and an average target price of $233.03.

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.

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

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