TD Asset Management Inc. lowered its position in Boeing Company (The) (NYSE:BA) by 11.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,057,997 shares of the aircraft producer’s stock after selling 143,391 shares during the period. TD Asset Management Inc. owned approximately 0.18% of Boeing Company (The) worth $209,219,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BA. Harbour Capital Advisors LLC boosted its position in Boeing Company (The) by 18,613.5% in the second 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 last quarter. AQR Capital Management LLC boosted its position 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 buying an additional 1,049,546 shares during the last quarter. Swiss National Bank boosted its position in 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 valued at $367,407,000 after buying an additional 418,500 shares during the last quarter. Bank of Nova Scotia boosted its position in 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 valued at $107,843,000 after buying an additional 392,786 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in 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 valued at $520,517,000 after buying an additional 308,976 shares during the last quarter. Hedge funds and other institutional investors own 72.17% of the company’s stock.

A number of equities research analysts recently commented on BA shares. Cowen and Company upped their target price on Boeing Company (The) from $9.80 to $300.00 in a research report on Wednesday, July 26th. TheStreet upgraded Boeing Company (The) from a “c+” rating to a “b” rating in a research report on Wednesday, July 26th. Zacks Investment Research upgraded Boeing Company (The) from a “hold” rating to a “buy” rating and set a $228.00 price objective on the stock in a research report on Tuesday, July 11th. Jefferies Group LLC upped their price objective on Boeing Company (The) from $200.00 to $230.00 and gave the stock a “buy” rating in a research report 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 report on Thursday, June 29th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $240.77.

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Boeing Company (The) (NYSE:BA) last released its quarterly earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 earnings per share for the quarter, topping the Zacks’ consensus estimate 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 company had revenue of $22.74 billion during the quarter, compared to analysts’ expectations of $22.97 billion. During the same period in the previous year, the firm posted ($0.44) earnings per share. The business’s revenue for the quarter was down 8.1% compared to the same quarter last year.

In other news, Chairman Dennis A. Muilenburg sold 56,838 shares of the business’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $243.46, for a total value of $13,837,779.48. Following the completion of the transaction, the chairman now directly owns 127,778 shares of the company’s stock, valued at $31,108,831.88. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Thomas J. Downey sold 134 shares of the business’s stock in a transaction 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. Over the last three months, insiders sold 83,468 shares of company stock valued at $20,353,814. Insiders own 0.28% of the company’s stock.

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.

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

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