Investors purchased shares of Boeing Company (The) (NYSE:BA) on weakness during trading on Wednesday. $148.35 million flowed into the stock on the tick-up and $78.04 million flowed out of the stock on the tick-down, for a money net flow of $70.31 million into the stock. Of all equities tracked, Boeing Company (The) had the 12th highest net in-flow for the day. Boeing Company (The) traded down ($1.84) for the day and closed at $265.15

A number of equities analysts recently weighed in on the stock. 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 report on Monday, August 7th. Sanford C. Bernstein restated an “outperform” rating and set a $274.00 target price 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 boosted their target price for the stock from $146.00 to $235.00 in a report on Thursday, July 27th. Zacks Investment Research downgraded shares of Boeing Company (The) from a “buy” rating to a “hold” rating in a report on Tuesday, September 19th. Finally, UBS AG boosted their target price on shares of Boeing Company (The) from $180.00 to $253.00 and gave the stock a “neutral” rating in a report on Friday, August 4th. Eleven analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $257.94.

The company has a debt-to-equity ratio of 8.54, a current ratio of 1.18 and a quick ratio of 0.39. The firm has a market cap of $157,920.00, a PE ratio of 27.14, a price-to-earnings-growth ratio of 2.01 and a beta of 1.22.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Friday, November 10th will be given 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 yield of 2.14%. Boeing Company (The)’s dividend payout ratio is 52.25%.

A number of hedge funds and other institutional investors have recently modified their holdings of BA. Lipe & Dalton acquired a new position in Boeing Company (The) during the third quarter worth about $100,000. Burt Wealth Advisors acquired a new position in Boeing Company (The) during the third quarter worth about $100,000. Clear Perspective Advisors LLC raised its stake in Boeing Company (The) by 31.0% during the second quarter. Clear Perspective Advisors LLC now owns 571 shares of the aircraft producer’s stock worth $113,000 after acquiring an additional 135 shares in the last quarter. Proficio Capital Partners LLC raised its stake in 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 acquiring an additional 402 shares in the last quarter. Finally, Vantage Investment Advisors LLC raised its stake in Boeing Company (The) by 11.1% during the second quarter. Vantage Investment Advisors LLC now owns 841 shares of the aircraft producer’s stock worth $123,000 after acquiring an additional 84 shares in the last quarter. 72.04% of the stock is owned by hedge funds and other institutional investors.

WARNING: This report was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this report on another publication, it was illegally copied and republished in violation of international trademark & copyright laws. The original version of this report can be viewed at https://www.thecerbatgem.com/2017/11/22/traders-buy-boeing-company-the-ba-on-weakness.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.

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.