Royal Bank Of Canada assumed coverage on shares of Boeing Company (The) (NYSE:BA) in a research report report published on Thursday. The brokerage issued an underperform rating and a $136.00 price target on the aircraft producer’s stock.

A number of other equities analysts have also commented on BA. Sanford C. Bernstein reissued an outperform rating and issued a $91.00 price target on shares of Boeing Company (The) in a research report on Wednesday, December 21st. Zacks Investment Research raised shares of Boeing Company (The) from a hold rating to a buy rating and set a $147.00 price target on the stock in a research report on Wednesday, September 28th. Goldman Sachs Group, Inc. (The) set a $109.00 price target on shares of Boeing Company (The) and gave the company a sell rating in a research report on Thursday, October 27th. Vetr lowered shares of Boeing Company (The) from a hold rating to a sell rating and set a $150.88 price target on the stock. in a research report on Tuesday, December 20th. Finally, Societe Generale set a $148.00 price target on shares of Boeing Company (The) and gave the company a neutral rating in a research report on Friday, October 28th. Six investment analysts have rated the stock with a sell rating, eight have given a hold rating and sixteen have issued a buy rating to the company’s stock. Boeing Company (The) presently has a consensus rating of Hold and a consensus price target of $147.51.

Analyst Recommendations for Boeing Company (The) (NYSE:BA)

Shares of Boeing Company (NYSE:BA) traded up 0.34% during trading on Thursday, reaching $158.83. The company had a trading volume of 2,430,178 shares. The stock has a market capitalization of $98.02 billion, a price-to-earnings ratio of 24.27 and a beta of 1.05. The company’s 50 day moving average is $155.53 and its 200-day moving average is $139.59. Boeing Company has a 1-year low of $102.10 and a 1-year high of $160.07.

Boeing Company (The) (NYSE:BA) last posted its quarterly earnings results on Wednesday, October 26th. The aircraft producer reported $3.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.62 by $0.89. The business earned $23.90 billion during the quarter, compared to analyst estimates of $23.73 billion. Boeing Company (The) had a net margin of 4.52% and a return on equity of 126.01%. The firm’s revenue was down 7.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.52 earnings per share. On average, equities research analysts anticipate that Boeing Company will post $7.10 earnings per share for the current year.

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The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 3rd. Investors of record on Friday, February 10th will be given a $1.42 dividend. The ex-dividend date of this dividend is Wednesday, February 8th. This is a positive change from Boeing Company (The)’s previous quarterly dividend of $1.09. This represents a $5.68 annualized dividend and a dividend yield of 3.58%. Boeing Company (The)’s payout ratio is currently 66.36%.

In related news, EVP J Michael Luttig sold 200,754 shares of the business’s stock in a transaction that occurred on Monday, October 31st. The stock was sold at an average price of $142.46, for a total value of $28,599,414.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.58% of the stock is owned by corporate insiders.

Several large investors have recently made changes to their positions in BA. MV Capital Management Inc. boosted its stake in shares of Boeing Company (The) by 0.7% in the third quarter. MV Capital Management Inc. now owns 919 shares of the aircraft producer’s stock worth $121,000 after buying an additional 6 shares in the last quarter. Cable Hill Partners LLC boosted its stake in Boeing Company (The) by 0.5% in the third quarter. Cable Hill Partners LLC now owns 1,674 shares of the aircraft producer’s stock worth $225,000 after buying an additional 8 shares during the period. Mycio Wealth Partners LLC boosted its stake in Boeing Company (The) by 0.3% in the second quarter. Mycio Wealth Partners LLC now owns 3,813 shares of the aircraft producer’s stock worth $495,000 after buying an additional 13 shares during the period. Bangor Savings Bank boosted its stake in Boeing Company (The) by 0.6% in the third quarter. Bangor Savings Bank now owns 2,221 shares of the aircraft producer’s stock worth $292,000 after buying an additional 14 shares during the period. Finally, Accredited Investors Inc. boosted its stake in Boeing Company (The) by 0.7% in the third quarter. Accredited Investors Inc. now owns 2,034 shares of the aircraft producer’s stock worth $268,000 after buying an additional 14 shares during the period. Institutional investors own 72.77% of the company’s stock.

About Boeing Company (The)

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.

5 Day Chart for NYSE:BA

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