Dubuque Bank & Trust Co. decreased its stake in shares of Boeing Company (The) (NYSE:BA) by 0.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,142 shares of the aircraft producer’s stock after selling 149 shares during the period. Boeing Company (The) makes up about 1.1% of Dubuque Bank & Trust Co.’s investment portfolio, making the stock its 28th largest position. Dubuque Bank & Trust Co.’s holdings in Boeing Company (The) were worth $4,972,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the stock. S&CO Inc. purchased a new position in shares of Boeing Company (The) during the first quarter valued at approximately $218,000. Raymond James Trust N.A. increased its position in shares of Boeing Company (The) by 6.5% in the first quarter. Raymond James Trust N.A. now owns 25,131 shares of the aircraft producer’s stock valued at $4,445,000 after buying an additional 1,540 shares during the period. Osborn Williams & Donohoe LLC increased its position in shares of Boeing Company (The) by 2.9% in the first quarter. Osborn Williams & Donohoe LLC now owns 6,597 shares of the aircraft producer’s stock valued at $1,167,000 after buying an additional 187 shares during the period. CHURCHILL MANAGEMENT Corp increased its position in shares of Boeing Company (The) by 100.7% in the first quarter. CHURCHILL MANAGEMENT Corp now owns 38,289 shares of the aircraft producer’s stock valued at $6,772,000 after buying an additional 19,213 shares during the period. Finally, American Investment Services Inc. increased its position in shares of Boeing Company (The) by 116.1% in the first quarter. American Investment Services Inc. now owns 17,446 shares of the aircraft producer’s stock valued at $3,086,000 after buying an additional 9,373 shares during the period. Institutional investors and hedge funds own 74.47% of the company’s stock.

Boeing Company (BA) traded up 0.86% during midday trading on Friday, hitting $234.88. 3,461,663 shares of the stock were exchanged. Boeing Company has a 12 month low of $126.31 and a 12 month high of $246.49. The company has a market cap of $138.83 billion, a PE ratio of 20.58 and a beta of 1.16. The firm’s 50 day moving average price is $217.15 and its 200 day moving average price is $189.10.

Boeing Company (The) (NYSE:BA) last posted its quarterly earnings data on Wednesday, July 26th. The aircraft producer reported $2.55 EPS for the quarter, topping the consensus estimate of $2.32 by $0.23. The firm had revenue of $22.74 billion during the quarter, compared to analyst estimates of $22.97 billion. Boeing Company (The) had a net margin of 7.84% and a return on equity of 2,185.10%. Boeing Company (The)’s revenue was down 8.1% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.44) EPS. On average, equities research analysts forecast that Boeing Company will post $9.95 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 11th will be paid a dividend of $1.42 per share. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $5.68 annualized dividend and a dividend yield of 2.42%. Boeing Company (The)’s dividend payout ratio (DPR) is presently 49.74%.

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Several equities analysts have recently commented on the stock. Argus reaffirmed a “buy” rating and set a $270.00 price objective on shares of Boeing Company (The) in a research note on Tuesday, August 1st. Canaccord Genuity reaffirmed a “hold” rating and set a $215.00 price objective (up from $200.00) on shares of Boeing Company (The) in a research note on Sunday, July 30th. Vetr raised shares of Boeing Company (The) from a “sell” rating to a “buy” rating and set a $253.33 price objective for the company in a research note on Monday, July 31st. J P Morgan Chase & Co upped their price objective on shares of Boeing Company (The) from $20.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, July 31st. Finally, Vertical Research reaffirmed a “hold” rating and set a $242.00 price objective (up from $187.00) on shares of Boeing Company (The) in a research note on Thursday, July 27th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and fourteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $228.31.

In related news, Chairman Dennis A. Muilenburg sold 56,838 shares of the business’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $243.46, for a total transaction of $13,837,779.48. Following the completion of the transaction, the chairman now owns 127,778 shares in the company, valued at approximately $31,108,831.88. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Heidi B. Capozzi sold 4,217 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $241.51, for a total transaction of $1,018,447.67. The disclosure for this sale can be found here. In the last quarter, insiders have sold 83,468 shares of company stock valued at $20,353,814. 0.28% of the stock is currently owned by company insiders.

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.

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Institutional Ownership by Quarter for Boeing Company (The) (NYSE:BA)

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