Vetr lowered shares of Boeing (NYSE:BA) from a hold rating to a sell rating in a research report report published on Friday morning. Vetr currently has $263.71 price target on the aircraft producer’s stock.

Several other analysts have also recently commented on the stock. Wells Fargo & Company restated a hold rating and set a $255.00 price target (up from $240.00) on shares of Boeing in a report on Wednesday, September 20th. Zacks Investment Research cut shares of Boeing from a buy rating to a hold rating in a report on Tuesday, September 19th. Sanford C. Bernstein restated an outperform rating and set a $303.00 price target (up from $274.00) on shares of Boeing in a report on Wednesday, September 20th. They noted that the move was a valuation call. Credit Suisse Group restated an outperform rating and set a $310.00 price target (up from $300.00) on shares of Boeing in a report on Tuesday, October 24th. Finally, Cowen restated a buy rating and set a $315.00 price target on shares of Boeing in a report on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and fourteen have issued a buy rating to the company. The company has an average rating of Buy and an average price target of $257.81.

Shares of Boeing (NYSE:BA) traded down $5.42 on Friday, hitting $271.38. 4,542,736 shares of the company’s stock traded hands, compared to its average volume of 2,364,653. Boeing has a one year low of $150.02 and a one year high of $278.73. The firm has a market capitalization of $164,856.13, a PE ratio of 28.39, a price-to-earnings-growth ratio of 2.11 and a beta of 1.24. 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 (NYSE:BA) last announced its earnings results on Wednesday, October 25th. The aircraft producer reported $2.72 EPS for the quarter, topping the consensus estimate of $2.65 by $0.07. Boeing had a net margin of 7.33% and a return on equity of 12,064.25%. The company had revenue of $24.31 billion during the quarter, compared to analysts’ expectations of $24.09 billion. During the same period last year, the company posted $3.51 earnings per share. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. sell-side analysts forecast that Boeing will post 10.1 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Friday, November 10th were paid a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date was Thursday, November 9th. Boeing’s dividend payout ratio (DPR) is presently 52.21%.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Lipe & Dalton bought a new position in shares of Boeing in the third quarter valued at approximately $100,000. Burt Wealth Advisors bought a new position in shares of Boeing in the third quarter valued at approximately $100,000. Clear Perspective Advisors LLC raised its position in shares of Boeing by 31.0% in the second quarter. Clear Perspective Advisors LLC now owns 571 shares of the aircraft producer’s stock valued at $113,000 after purchasing an additional 135 shares during the period. Proficio Capital Partners LLC raised its position in shares of Boeing by 181.9% in the first quarter. Proficio Capital Partners LLC now owns 623 shares of the aircraft producer’s stock valued at $115,000 after purchasing an additional 402 shares during the period. Finally, Vantage Investment Advisors LLC raised its position in shares of Boeing by 11.1% in the second quarter. Vantage Investment Advisors LLC now owns 841 shares of the aircraft producer’s stock valued at $123,000 after purchasing an additional 84 shares during the period. Hedge funds and other institutional investors own 70.77% of the company’s stock.

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About Boeing

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.

Analyst Recommendations for Boeing (NYSE:BA)

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