Exxonmobil Investment Management Inc. TX lessened its position in Boeing Company (The) (NYSE:BA) by 14.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 107,775 shares of the aircraft producer’s stock after selling 18,715 shares during the quarter. Exxonmobil Investment Management Inc. TX’s holdings in Boeing Company (The) were worth $21,313,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Sonata Capital Group Inc. increased its stake in Boeing Company (The) by 0.3% in the 1st 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 during the period. Investment Partners Ltd. OH ADV increased its stake in Boeing Company (The) by 1.1% in the 1st 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 during the period. Checchi Capital Advisers LLC increased its stake in Boeing Company (The) by 7.9% in the 1st 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 during the period. Hudock Capital Group LLC increased its stake in Boeing Company (The) by 438.2% in the 1st 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 during the period. Finally, Harbour Capital Advisors LLC increased its stake in Boeing Company (The) by 0.3% in the 1st quarter. Harbour Capital Advisors LLC now owns 7,172 shares of the aircraft producer’s stock valued at $1,268,000 after buying an additional 25 shares during the period. Institutional investors and hedge funds own 72.17% of the company’s stock.

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Shares of Boeing Company (BA) traded down 0.05% during midday trading on Thursday, hitting $255.14. 1,470,057 shares of the stock traded hands. The firm’s 50-day moving average is $239.32 and its 200 day moving average is $202.49. The company has a market capitalization of $150.81 billion, a price-to-earnings ratio of 22.35 and a beta of 1.18. Boeing Company has a 52 week low of $129.86 and a 52 week high of $259.30.

Boeing Company (The) (NYSE:BA) last released its quarterly earnings data on Wednesday, July 26th. The aircraft producer reported $2.55 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.32 by $0.23. The company had revenue of $22.74 billion during 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 was down 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.44) earnings per share. Equities analysts forecast that Boeing Company will post $10.02 earnings per share for the current year.

In other Boeing Company (The) news, SVP Heidi B. Capozzi sold 4,217 shares of the 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Thomas J. Downey sold 134 shares of the 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 have sold a total of 83,468 shares of company stock valued at $20,353,814 in the last three months. Insiders own 0.28% of the company’s stock.

Several research analysts have recently commented on the stock. Canaccord Genuity restated a “hold” rating and set a $215.00 price target (up previously from $200.00) on shares of Boeing Company (The) in a research note on Sunday, July 30th. Argus restated a “buy” rating and set a $270.00 price target on shares of Boeing Company (The) in a research note on Tuesday, August 1st. Buckingham Research upgraded shares of Boeing Company (The) from an “underperform” rating to a “neutral” rating in a research note on Friday, July 28th. Vetr upgraded shares of Boeing Company (The) from a “hold” rating to a “buy” rating and set a $253.33 price target on the stock in a research note on Monday, August 7th. Finally, Wells Fargo & Company restated a “market perform” rating on shares of Boeing Company (The) in a research note on Monday, July 10th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and fourteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $241.32.

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.

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

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