Leavell Investment Management Inc. continued to hold its stake in Boeing Company (The) (NYSE:BA) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,734 shares of the aircraft producer’s stock at the end of the second quarter. Leavell Investment Management Inc.’s holdings in Boeing Company (The) were worth $541,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp lifted its position in shares of Boeing Company (The) by 0.3% during the 1st quarter. State Street Corp now owns 28,433,353 shares of the aircraft producer’s stock valued at $5,028,731,000 after buying an additional 87,850 shares during the last quarter. LSV Asset Management lifted its position in shares of Boeing Company (The) by 4.9% during the 1st quarter. LSV Asset Management now owns 2,985,054 shares of the aircraft producer’s stock valued at $527,936,000 after buying an additional 138,170 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Boeing Company (The) by 11.7% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 2,943,099 shares of the aircraft producer’s stock valued at $520,517,000 after buying an additional 308,976 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Boeing Company (The) by 66.5% during the 1st quarter. AQR Capital Management LLC now owns 2,627,684 shares of the aircraft producer’s stock valued at $464,732,000 after buying an additional 1,049,546 shares during the last quarter. Finally, Swiss National Bank lifted its position in shares of Boeing Company (The) by 25.2% during the 1st quarter. Swiss National Bank now owns 2,077,391 shares of the aircraft producer’s stock valued at $367,407,000 after buying an additional 418,500 shares during the last quarter. 72.17% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Boeing Company (BA) traded down 0.02% during trading on Friday, hitting $254.21. The stock had a trading volume of 2,531,131 shares. The stock has a 50 day moving average of $239.32 and a 200 day moving average of $202.49. The company has a market cap of $150.26 billion, a PE ratio of 22.27 and a beta of 1.18. Boeing Company has a 12 month low of $129.86 and a 12 month high of $259.30.

Boeing Company (The) (NYSE:BA) last posted 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 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% on a year-over-year basis. During the same period in the previous year, the business earned ($0.44) earnings per share. Equities analysts forecast that Boeing Company will post $10.02 EPS for the current fiscal year.

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

BA has been the topic of a number of recent research reports. Cowen and Company upped their price target on Boeing Company (The) from $9.80 to $300.00 in a research report on Wednesday, July 26th. TheStreet raised Boeing Company (The) from a “c+” rating to a “b” rating in a research report on Wednesday, July 26th. Zacks Investment Research raised Boeing Company (The) from a “hold” rating to a “buy” rating and set a $228.00 price target on the stock in a research report on Tuesday, July 11th. Jefferies Group LLC upped their price target on Boeing Company (The) from $200.00 to $230.00 and gave the company a “buy” rating in a research report on Monday, July 10th. Finally, ValuEngine raised Boeing Company (The) from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Two analysts have rated the stock with a sell rating, ten have given a hold rating and fourteen have issued a buy rating to the company’s stock. Boeing Company (The) presently has an average rating of “Hold” and an average price target of $241.32.

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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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