Peoples Bank OH continued to hold its stake in shares of Boeing Company (The) (NYSE:BA) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,487 shares of the aircraft producer’s stock at the close of the 2nd quarter. Peoples Bank OH’s holdings in Boeing Company (The) were worth $492,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BA. Harbour Capital Advisors LLC increased its stake in shares of Boeing Company (The) by 18,613.5% in the 2nd quarter. Harbour Capital Advisors LLC now owns 1,342,129 shares of the aircraft producer’s stock valued at $6,787,000 after buying an additional 1,334,957 shares during the period. AQR Capital Management LLC grew its stake in Boeing Company (The) by 66.5% in the first quarter. AQR Capital Management LLC now owns 2,627,684 shares of the aircraft producer’s stock valued at $464,732,000 after acquiring an additional 1,049,546 shares during the period. Swiss National Bank increased its holdings in shares of Boeing Company (The) by 25.2% in the first quarter. Swiss National Bank now owns 2,077,391 shares of the aircraft producer’s stock worth $367,407,000 after acquiring an additional 418,500 shares in the last quarter. Bank of Nova Scotia increased its holdings in shares of Boeing Company (The) by 181.0% in the first quarter. Bank of Nova Scotia now owns 609,760 shares of the aircraft producer’s stock worth $107,843,000 after acquiring an additional 392,786 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. increased its holdings in shares of Boeing Company (The) by 11.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 2,943,099 shares of the aircraft producer’s stock worth $520,517,000 after acquiring an additional 308,976 shares in the last quarter. Institutional investors and hedge funds own 72.17% of the company’s stock.

Boeing Company (NYSE:BA) opened at 255.99 on Tuesday. The company’s 50-day moving average price is $243.91 and its 200 day moving average price is $207.40. The firm has a market cap of $151.31 billion, a price-to-earnings ratio of 22.43 and a beta of 1.21. Boeing Company has a 1-year low of $131.39 and a 1-year high of $259.30.

Boeing Company (The) (NYSE:BA) last issued its earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 EPS for the quarter, beating the Zacks’ consensus estimate 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 business had revenue of $22.74 billion for the quarter, compared to the consensus estimate of $22.97 billion. During the same quarter last year, the firm posted ($0.44) EPS. The business’s revenue for the quarter was down 8.1% compared to the same quarter last year. On average, equities analysts expect that Boeing Company will post $10.02 earnings per share for the current fiscal year.

In related news, SVP Robert E. Verbeck sold 2,522 shares of the stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $244.45, for a total value of $616,502.90. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, 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 disclosure for this sale can be found here. In the last ninety days, insiders have sold 83,468 shares of company stock worth $20,353,814. 0.28% of the stock is currently owned by company insiders.

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BA has been the subject of a number of research analyst reports. Canaccord Genuity reiterated a “hold” rating and set a $215.00 target price (up previously from $200.00) on shares of Boeing Company (The) in a report on Sunday, July 30th. Argus reaffirmed a “buy” rating and issued a $270.00 target price on shares of Boeing Company (The) in a research report on Tuesday, August 1st. Buckingham Research raised shares of Boeing Company (The) from an “underperform” rating to a “neutral” rating in a research report on Friday, July 28th. Vetr raised Boeing Company (The) from a “hold” rating to a “buy” rating and set a $253.33 price target for the company in a research report 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, eleven have issued a hold rating and thirteen have issued a buy rating to the company. Boeing Company (The) currently has a consensus rating of “Hold” and a consensus price target of $241.32.

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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