Polaris Greystone Financial Group LLC boosted its holdings in shares of Boeing Company (The) (NYSE:BA) by 2.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,416 shares of the aircraft producer’s stock after acquiring an additional 120 shares during the period. Polaris Greystone Financial Group LLC’s holdings in Boeing Company (The) were worth $1,071,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of BA. Harbour Capital Advisors LLC grew its holdings in Boeing Company (The) by 18,613.5% during the 2nd quarter. Harbour Capital Advisors LLC now owns 1,342,129 shares of the aircraft producer’s stock worth $6,787,000 after acquiring an additional 1,334,957 shares in the last quarter. AQR Capital Management LLC grew its holdings in Boeing Company (The) by 66.5% during the 1st quarter. AQR Capital Management LLC now owns 2,627,684 shares of the aircraft producer’s stock worth $464,732,000 after acquiring an additional 1,049,546 shares in the last quarter. Principal Financial Group Inc. grew its holdings 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 worth $285,303,000 after acquiring an additional 561,343 shares in the last quarter. Bank of Nova Scotia grew its holdings in Boeing Company (The) by 181.0% during the 1st quarter. Bank of Nova Scotia now owns 609,760 shares of the aircraft producer’s stock worth $107,843,000 after acquiring an additional 392,786 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its holdings in Boeing Company (The) by 11.7% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 2,943,099 shares of the aircraft producer’s stock worth $520,517,000 after acquiring an additional 308,976 shares in the last quarter. Institutional investors own 72.04% of the company’s stock.

Boeing Company (NYSE:BA) opened at $262.26 on Monday. 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 $156,200.00, a P/E ratio of 26.90, a PEG ratio of 2.00 and a beta of 1.22. Boeing Company has a 1-year low of $144.46 and a 1-year high of $267.62.

Boeing Company (The) (NYSE:BA) last posted its earnings results on Wednesday, October 25th. The aircraft producer reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.65 by $0.07. The firm had revenue of $24.31 billion during the quarter, compared to analyst estimates 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 in the previous year, the firm earned $3.51 EPS. sell-side analysts anticipate that Boeing Company will post 10.1 earnings per share for the current year.

The company 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 dividend of $1.42 per share. This represents a $5.68 annualized dividend and a dividend yield of 2.17%. The ex-dividend date is Thursday, November 9th. Boeing Company (The)’s dividend payout ratio (DPR) is 52.25%.

BA has been the topic of a number of recent analyst reports. Vetr upgraded shares of Boeing Company (The) from a “hold” rating to a “buy” rating and set a $253.33 price target on the stock in a report on Monday, August 7th. Sanford C. Bernstein restated an “outperform” rating and issued a $274.00 price target on shares of Boeing Company (The) in a report on Friday, August 11th. Royal Bank Of Canada upgraded shares of Boeing Company (The) from an “underperform” rating to a “sector perform” rating and raised their price target for the company from $146.00 to $235.00 in a report on Thursday, July 27th. Zacks Investment Research cut shares of Boeing Company (The) from a “buy” rating to a “hold” rating in a report on Tuesday, September 19th. Finally, UBS AG raised their price target on shares of Boeing Company (The) from $180.00 to $253.00 and gave the company a “neutral” rating in a report on Friday, August 4th. Eleven equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $257.42.

ILLEGAL ACTIVITY NOTICE: This piece was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece on another publication, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this piece can be read at https://www.thecerbatgem.com/2017/11/20/polaris-greystone-financial-group-llc-acquires-120-shares-of-boeing-company-the-ba.html.

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)

Receive News & Stock Ratings for Boeing Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boeing Company (The) and related stocks with our FREE daily email newsletter.