IFC Holdings Incorporated FL trimmed its holdings in Boeing Company (The) (NYSE:BA) by 17.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,766 shares of the aircraft producer’s stock after selling 1,474 shares during the period. IFC Holdings Incorporated FL’s holdings in Boeing Company (The) were worth $1,342,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Waldron LP lifted its holdings in shares of Boeing Company (The) by 23.8% in the first quarter. Waldron LP now owns 2,051 shares of the aircraft producer’s stock valued at $362,000 after purchasing an additional 394 shares in the last quarter. Linscomb & Williams Inc. lifted its holdings in shares of Boeing Company (The) by 7.5% in the first quarter. Linscomb & Williams Inc. now owns 22,042 shares of the aircraft producer’s stock valued at $3,898,000 after purchasing an additional 1,545 shares in the last quarter. Canada Pension Plan Investment Board lifted its holdings in shares of Boeing Company (The) by 16.3% in the first quarter. Canada Pension Plan Investment Board now owns 317,567 shares of the aircraft producer’s stock valued at $56,165,000 after purchasing an additional 44,552 shares in the last quarter. Cadence Bank NA lifted its holdings in shares of Boeing Company (The) by 5.1% in the first quarter. Cadence Bank NA now owns 3,108 shares of the aircraft producer’s stock valued at $549,000 after purchasing an additional 152 shares in the last quarter. Finally, Brookstone Capital Management lifted its holdings in shares of Boeing Company (The) by 1.7% in the first quarter. Brookstone Capital Management now owns 3,086 shares of the aircraft producer’s stock valued at $546,000 after purchasing an additional 52 shares in the last quarter. 72.14% of the stock is owned by hedge funds and other institutional investors.

Boeing Company (NYSE:BA) opened at 259.04 on Friday. Boeing Company has a 52-week low of $133.33 and a 52-week high of $263.79. The firm has a market cap of $153.11 billion, a P/E ratio of 22.69 and a beta of 1.21. The stock has a 50 day moving average price of $251.85 and a 200 day moving average price of $214.57.

Boeing Company (The) (NYSE:BA) last released its quarterly earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.23. The firm had revenue of $22.74 billion during the quarter, compared to analyst estimates of $22.97 billion. Boeing Company (The) had a net margin of 7.84% and a return on equity of 2,185.10%. The business’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) EPS. Equities analysts predict that Boeing Company will post $10.04 earnings per share for the current fiscal year.

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In other news, SVP Thomas J. Downey sold 134 shares of the business’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $241.20, for a total transaction of $32,320.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Gregory D. Smith sold 19,757 shares of the business’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $245.42, for a total transaction of $4,848,762.94. Following the transaction, the chief financial officer now owns 152,195 shares of the company’s stock, valued at $37,351,696.90. The disclosure for this sale can be found here. Insiders have sold a total of 83,468 shares of company stock valued at $20,353,814 over the last 90 days. Company insiders own 0.28% of the company’s stock.

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

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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