Whalerock Point Partners LLC boosted its stake in shares of Boeing Company (The) (NYSE:BA) by 1.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,521 shares of the aircraft producer’s stock after acquiring an additional 85 shares during the quarter. Whalerock Point Partners LLC’s holdings in Boeing Company (The) were worth $1,487,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Good Life Advisors LLC grew its holdings in Boeing Company (The) by 18.7% during the 2nd quarter. Good Life Advisors LLC now owns 1,451 shares of the aircraft producer’s stock worth $297,000 after acquiring an additional 229 shares during the last quarter. Gratus Capital LLC acquired a new position in Boeing Company (The) during the 2nd quarter valued at about $214,000. Principal Financial Group Inc. lifted its position in Boeing Company (The) by 63.7% during the 2nd quarter. Principal Financial Group Inc. now owns 1,442,748 shares of the aircraft producer’s stock valued at $285,303,000 after purchasing an additional 561,343 shares during the period. Homrich & Berg lifted its position in Boeing Company (The) by 18.6% during the 2nd quarter. Homrich & Berg now owns 7,868 shares of the aircraft producer’s stock valued at $1,556,000 after purchasing an additional 1,233 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC lifted its position in Boeing Company (The) by 10.0% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 1,818 shares of the aircraft producer’s stock valued at $371,000 after purchasing an additional 166 shares during the period. 71.99% of the stock is currently owned by hedge funds and other institutional investors.

BA has been the topic of a number of research reports. Canaccord Genuity restated a “hold” rating and set a $215.00 target price (up from $200.00) on shares of Boeing Company (The) in a research report on Sunday, July 30th. Argus restated a “buy” rating and set a $270.00 target price on shares of Boeing Company (The) in a research report on Tuesday, August 1st. Buckingham Research upgraded shares of Boeing Company (The) from an “underperform” rating to a “neutral” rating in a research report on Friday, July 28th. Vetr upgraded shares of Boeing Company (The) from a “hold” rating to a “buy” rating and set a $253.33 target price on the stock in a research report on Monday, August 7th. Finally, Bank of America Corporation upgraded shares of Boeing Company (The) from an “underperform” rating to a “neutral” rating and upped their target price for the company from $150.00 to $225.00 in a research report on Wednesday, July 19th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and fourteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $255.94.

Boeing Company (BA) opened at $260.85 on Monday. The firm has a market cap of $155,356.66, a P/E ratio of 26.75, a PEG ratio of 1.99 and a beta of 1.22. Boeing Company has a 52 week low of $144.46 and a 52 week high of $267.62. The company has a debt-to-equity ratio of 8.54, a quick ratio of 0.39 and a current ratio of 1.18.

Boeing Company (The) (NYSE:BA) last issued its quarterly earnings results on Wednesday, October 25th. The aircraft producer reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.65 by $0.07. The company 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 quarterly revenue was up 1.7% on a year-over-year basis. During the same period last year, the business earned $3.51 EPS. equities research analysts predict that Boeing Company will post 10.1 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 10th will be paid a dividend of $1.42 per share. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $5.68 annualized dividend and a dividend yield of 2.18%. Boeing Company (The)’s dividend payout ratio is currently 52.21%.

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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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