Brave Asset Management Inc. raised its stake in Boeing Company (The) (NYSE:BA) by 0.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,593 shares of the aircraft producer’s stock after acquiring an additional 34 shares during the period. Boeing Company (The) comprises about 2.2% of Brave Asset Management Inc.’s investment portfolio, making the stock its 8th largest position. Brave Asset Management Inc.’s holdings in Boeing Company (The) were worth $4,072,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently made changes to their positions in BA. Deroy & Devereaux Private Investment Counsel Inc. boosted its stake in Boeing Company (The) by 0.3% in the second quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 2,131 shares of the aircraft producer’s stock worth $421,000 after purchasing an additional 6 shares in the last quarter. GWM Advisors LLC boosted its stake in Boeing Company (The) by 0.6% in the first quarter. GWM Advisors LLC now owns 1,324 shares of the aircraft producer’s stock worth $233,000 after purchasing an additional 8 shares in the last quarter. Silicon Valley Capital Partners boosted its stake in Boeing Company (The) by 0.7% in the second quarter. Silicon Valley Capital Partners now owns 1,240 shares of the aircraft producer’s stock worth $245,000 after purchasing an additional 9 shares in the last quarter. Arcus Capital Partners LLC boosted its stake in Boeing Company (The) by 0.8% in the first quarter. Arcus Capital Partners LLC now owns 1,628 shares of the aircraft producer’s stock worth $288,000 after purchasing an additional 13 shares in the last quarter. Finally, Lourd Capital LLC boosted its stake in Boeing Company (The) by 0.8% in the second quarter. Lourd Capital LLC now owns 1,683 shares of the aircraft producer’s stock worth $333,000 after purchasing an additional 14 shares in the last quarter. Hedge funds and other institutional investors own 72.17% of the company’s stock.

In related news, SVP Thomas J. Downey sold 134 shares of the company’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 transaction of $32,320.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Heidi B. Capozzi sold 4,217 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $241.51, for a total value of $1,018,447.67. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 83,468 shares of company stock worth $20,353,814. 0.28% of the stock is owned by company insiders.

Boeing Company (NYSE:BA) opened at 258.89 on Friday. Boeing Company has a 12-month low of $131.39 and a 12-month high of $259.30. The company’s 50 day moving average price is $245.51 and its 200-day moving average price is $208.65. The company has a market capitalization of $153.03 billion, a P/E ratio of 22.68 and a beta of 1.21.

Boeing Company (The) (NYSE:BA) last posted its quarterly earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.23. Boeing Company (The) had a return on equity of 2,185.10% and a net margin of 7.84%. The business had revenue of $22.74 billion for the quarter, compared to the consensus estimate of $22.97 billion. During the same period in the prior year, the business earned ($0.44) EPS. The firm’s revenue for the quarter was down 8.1% on a year-over-year basis. Equities analysts forecast that Boeing Company will post $10.02 earnings per share for the current fiscal year.

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BA has been the topic of a number of recent analyst reports. Cowen and Company reissued an “outperform” rating and issued a $215.00 price objective on shares of Boeing Company (The) in a research note on Tuesday, June 13th. Vetr lowered Boeing Company (The) from a “buy” rating to a “hold” rating and set a $202.94 price objective on the stock. in a research note on Thursday, June 15th. Morgan Stanley reissued an “equal weight” rating and issued a $218.00 price objective (up previously from $192.00) on shares of Boeing Company (The) in a research note on Thursday, June 22nd. Royal Bank Of Canada reissued a “sell” rating and issued a $146.00 price objective on shares of Boeing Company (The) in a research note on Friday, July 7th. Finally, Canaccord Genuity reissued a “hold” rating and issued a $170.00 price objective on shares of Boeing Company (The) in a research note on Sunday, July 9th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $241.21.

Boeing Company (The) 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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