BTC Capital Management Inc. held its stake in Boeing Company (The) (NYSE:BA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,270 shares of the aircraft producer’s stock at the end of the second quarter. BTC Capital Management Inc.’s holdings in Boeing Company (The) were worth $252,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of BA. State Street Corp increased its position in shares of Boeing Company (The) by 0.3% during the first quarter. State Street Corp now owns 28,433,353 shares of the aircraft producer’s stock worth $5,028,731,000 after purchasing an additional 87,850 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in shares of Boeing Company (The) by 4.2% during the second quarter. Schwab Charles Investment Management Inc. now owns 3,066,519 shares of the aircraft producer’s stock worth $606,405,000 after purchasing an additional 123,420 shares in the last quarter. LSV Asset Management increased its position in shares of Boeing Company (The) by 4.9% during the first quarter. LSV Asset Management now owns 2,985,054 shares of the aircraft producer’s stock worth $527,936,000 after purchasing an additional 138,170 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Boeing Company (The) by 66.5% during the first quarter. AQR Capital Management LLC now owns 2,627,684 shares of the aircraft producer’s stock worth $464,732,000 after purchasing an additional 1,049,546 shares in the last quarter. Finally, Swiss National Bank increased its position in shares of Boeing Company (The) by 25.2% during the first quarter. Swiss National Bank now owns 2,077,391 shares of the aircraft producer’s stock worth $367,407,000 after purchasing an additional 418,500 shares in the last quarter. 72.14% of the stock is owned by institutional investors.

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A number of equities analysts have recently issued reports on the company. Canaccord Genuity upped their price target on Boeing Company (The) from $235.00 to $245.00 and gave the stock a “hold” rating in a research report on Wednesday. Vetr downgraded Boeing Company (The) from a “hold” rating to a “sell” rating and set a $253.54 price target on the stock. in a research report on Thursday, October 12th. Zacks Investment Research raised Boeing Company (The) from a “hold” rating to a “buy” rating and set a $289.00 price target on the stock in a research report on Tuesday, October 10th. Jefferies Group LLC reaffirmed a “buy” rating and set a $300.00 price target on shares of Boeing Company (The) in a research report on Friday, October 6th. Finally, Cowen and Company reaffirmed a “buy” rating and set a $315.00 price target on shares of Boeing Company (The) in a research report on Friday, October 6th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the company’s stock. Boeing Company (The) presently has a consensus rating of “Hold” and an average target price of $241.19.

Shares of Boeing Company (BA) opened at 260.04 on Thursday. The stock’s 50 day moving average is $251.32 and its 200 day moving average is $214.24. The stock has a market capitalization of $153.71 billion, a price-to-earnings ratio of 22.78 and a beta of 1.21. Boeing Company has a 1-year low of $133.33 and a 1-year high of $263.79.

Boeing Company (The) (NYSE:BA) last issued its quarterly earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $22.97 billion. During the same period in the previous year, the business posted ($0.44) earnings per share. The business’s revenue was down 8.1% compared to the same quarter last year. On average, equities analysts forecast that Boeing Company will post $10.03 EPS for the current year.

In other news, SVP Thomas J. Downey sold 134 shares of the business’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $241.20, for a total transaction of $32,320.80. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman Dennis A. Muilenburg sold 56,838 shares of the business’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $243.46, for a total transaction of $13,837,779.48. Following the transaction, the chairman now owns 127,778 shares in the company, valued at $31,108,831.88. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 83,468 shares of company stock worth $20,353,814. Company insiders own 0.28% of the company’s stock.

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.

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

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