Mitsubishi UFJ Trust & Banking Corp lessened its holdings in Boeing Company (The) (NYSE:BA) by 0.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,174,440 shares of the aircraft producer’s stock after selling 9,984 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned 0.20% of Boeing Company (The) worth $232,246,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in BA. Proficio Capital Partners LLC lifted its position in shares of Boeing Company (The) by 181.9% in the first quarter. Proficio Capital Partners LLC now owns 623 shares of the aircraft producer’s stock worth $115,000 after purchasing an additional 402 shares in the last quarter. SRS Capital Advisors Inc. lifted its position in shares of Boeing Company (The) by 16.9% in the first quarter. SRS Capital Advisors Inc. now owns 742 shares of the aircraft producer’s stock worth $131,000 after purchasing an additional 107 shares in the last quarter. Catamount Wealth Management bought a new stake in shares of Boeing Company (The) in the second quarter worth $138,000. Herndon Capital Management LLC lifted its position in shares of Boeing Company (The) by 29.7% in the second quarter. Herndon Capital Management LLC now owns 720 shares of the aircraft producer’s stock worth $142,000 after purchasing an additional 165 shares in the last quarter. Finally, Shine Investment Advisory Services Inc. bought a new stake in shares of Boeing Company (The) in the second quarter worth $188,000. 71.51% of the stock is currently owned by institutional investors and hedge funds.

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BA has been the topic of a number of research reports. Zacks Investment Research raised shares of 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. Canaccord Genuity restated a “hold” rating and set a $235.00 target price (up from $215.00) on shares of Boeing Company (The) in a report on Sunday, September 17th. ValuEngine upgraded shares of Boeing Company (The) from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Cowen and Company restated an “outperform” rating and set a $300.00 target price (up from $255.00) on shares of Boeing Company (The) in a report on Monday, July 24th. Finally, Credit Suisse Group restated a “hold” rating on shares of Boeing Company (The) in a report on Wednesday, July 19th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and fourteen have issued a buy rating to the stock. Boeing Company (The) currently has a consensus rating of “Buy” and an average target price of $255.94.

Shares of Boeing Company (NYSE:BA) opened at $266.13 on Wednesday. Boeing Company has a 52-week low of $141.29 and a 52-week high of $267.28. The company has a debt-to-equity ratio of 8.54, a quick ratio of 0.39 and a current ratio of 1.18. The firm has a market cap of $157,274.42, a PE ratio of 27.08, a P/E/G ratio of 2.01 and a beta of 1.22.

Boeing Company (The) (NYSE:BA) last posted its earnings results on Wednesday, October 25th. The aircraft producer reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.65 by $0.07. The firm had revenue of $24.31 billion during the quarter, compared to analysts’ expectations of $24.09 billion. Boeing Company (The) had a net margin of 7.33% and a return on equity of 12,064.25%. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.51 earnings per share. analysts expect that Boeing Company will post 10.1 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 10th will be issued a $1.42 dividend. The ex-dividend date is Thursday, November 9th. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.13%. Boeing Company (The)’s dividend payout ratio (DPR) is currently 52.21%.

About Boeing Company (The)

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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