Shares of Boeing Co. (NYSE:BA) gapped up before the market opened on Monday . The stock had previously closed at $129.75, but opened at $130.09. Boeing shares last traded at $132.22, with a volume of 2,142,888 shares.

BA has been the topic of a number of research analyst reports. Canaccord Genuity boosted their price objective on shares of Boeing from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, March 28th. Deutsche Bank AG reissued a “buy” rating and set a $160.00 price objective on shares of Boeing in a report on Monday, March 21st. Jefferies Group reissued a “buy” rating and set a $165.00 price objective on shares of Boeing in a report on Sunday, March 20th. Cowen and Company reissued a “buy” rating on shares of Boeing in a report on Saturday, March 19th. Finally, Sterne Agee CRT reissued a “buy” rating and set a $196.00 price objective on shares of Boeing in a report on Saturday, April 9th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and fourteen have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $149.03.

The company’s 50-day moving average price is $129.19 and its 200-day moving average price is $128.03. The company has a market cap of $84.11 billion and a PE ratio of 17.84.

Boeing (NYSE:BA) last issued its quarterly earnings data on Wednesday, April 27th. The aircraft producer reported $1.74 earnings per share for the quarter, missing the consensus estimate of $1.83 by $0.09. The company had revenue of $22.60 billion for the quarter, compared to analysts’ expectations of $21.90 billion. During the same quarter in the previous year, the firm posted $1.97 earnings per share. The business’s quarterly revenue was up 2.2% on a year-over-year basis. Analysts predict that Boeing Co. will post $8.49 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 2nd. Investors of record on Friday, August 12th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 3.30%. The ex-dividend date of this dividend is Wednesday, August 10th.

In other Boeing news, Director Randall L. Stephenson acquired 1,850 shares of the business’s stock in a transaction that occurred on Tuesday, May 3rd. The shares were purchased at an average price of $132.15 per share, with a total value of $244,477.50. Following the completion of the transaction, the director now owns 1,850 shares in the company, valued at $244,477.50. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Raymond L. Conner sold 8,109 shares of the firm’s stock in a transaction that occurred on Tuesday, May 3rd. The shares were sold at an average price of $132.09, for a total transaction of $1,071,117.81. Following the transaction, the chief executive officer now directly owns 120,177 shares in the company, valued at approximately $15,874,179.93. The disclosure for this sale can be found here.

Other institutional investors have modified their holdings of the company. Condor Capital Management raised its position in shares of Boeing by 0.3% in the fourth quarter. Condor Capital Management now owns 10,996 shares of the aircraft producer’s stock valued at $1,590,000 after buying an additional 30 shares during the last quarter. Agran Libbie raised its position in Boeing by 0.4% in the fourth quarter. Agran Libbie now owns 22,285 shares of the aircraft producer’s stock worth $3,222,000 after buying an additional 80 shares in the last quarter. Moors & Cabot Inc. raised its position in Boeing by 0.8% in the fourth quarter. Moors & Cabot Inc. now owns 11,421 shares of the aircraft producer’s stock worth $1,644,000 after buying an additional 87 shares in the last quarter. Horan Capital Advisors LLC. raised its position in Boeing by 0.6% in the fourth quarter. Horan Capital Advisors LLC. now owns 15,984 shares of the aircraft producer’s stock worth $2,311,000 after buying an additional 95 shares in the last quarter. Finally, Roof Eidam & Maycock ADV raised its position in Boeing by 1.3% in the fourth quarter. Roof Eidam & Maycock ADV now owns 7,543 shares of the aircraft producer’s stock worth $1,091,000 after buying an additional 100 shares in the last quarter.

The Boeing Company is an aerospace firm. The Company operates in five segments: Commercial airplanes; Defense, Space & Security (BDS) business, such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). Its Commercial Airplanes segment develops, produces and markets commercial jet aircraft, which provides related support services to the commercial airline industry.

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