Sterling Investment Advisors Ltd. maintained its position in Boeing Company (The) (NYSE:BA) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 625 shares of the aircraft producer’s stock at the close of the 2nd quarter. Sterling Investment Advisors Ltd.’s holdings in Boeing Company (The) were worth $124,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC grew its position in shares of Boeing Company (The) by 181.9% during the first quarter. Proficio Capital Partners LLC now owns 623 shares of the aircraft producer’s stock worth $115,000 after buying an additional 402 shares in the last quarter. SRS Capital Advisors Inc. grew its position in shares of Boeing Company (The) by 16.9% during the first quarter. SRS Capital Advisors Inc. now owns 742 shares of the aircraft producer’s stock worth $131,000 after buying an additional 107 shares in the last quarter. Catamount Wealth Management acquired a new stake in shares of Boeing Company (The) during the second quarter worth approximately $138,000. Herndon Capital Management LLC grew its position in shares of Boeing Company (The) by 29.7% during the second quarter. Herndon Capital Management LLC now owns 720 shares of the aircraft producer’s stock worth $142,000 after buying an additional 165 shares in the last quarter. Finally, Shine Investment Advisory Services Inc. acquired a new stake in shares of Boeing Company (The) during the second quarter worth approximately $188,000. 71.99% of the stock is owned by institutional investors and hedge funds.

Boeing Company (NYSE BA) opened at $262.26 on Friday. The stock has a market capitalization of $156,196.30, a PE ratio of 26.90, a P/E/G ratio of 2.00 and a beta of 1.22. Boeing Company has a fifty-two week low of $144.46 and a fifty-two week high of $267.62. The company has a current ratio of 1.18, a quick ratio of 0.39 and a debt-to-equity ratio of 8.54.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Friday, November 10th will be issued a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date of this dividend is Thursday, November 9th. Boeing Company (The)’s payout ratio is currently 52.21%.

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BA has been the subject of a number of recent analyst reports. Cowen and Company raised their price target on shares of 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 note on Wednesday, July 26th. Sanford C. Bernstein set a $274.00 price objective on Boeing Company (The) and gave the stock a “buy” rating in a research note on Thursday, July 27th. Deutsche Bank AG raised their price objective on Boeing Company (The) from $225.00 to $280.00 and gave the stock a “buy” rating in a research note on Thursday, July 27th. Finally, Bank of America Corporation upgraded Boeing Company (The) from a “neutral” rating to a “buy” rating and set a $205.00 price objective on the stock in a research note on Thursday, July 27th. Eleven equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $257.42.

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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