Flagship Harbor Advisors LLC boosted its stake in Boeing Company (The) (NYSE:BA) by 39.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 4,808 shares of the aircraft producer’s stock after buying an additional 1,364 shares during the period. Flagship Harbor Advisors LLC’s holdings in Boeing Company (The) were worth $854,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. GWM Advisors LLC raised its stake in shares of Boeing Company (The) by 0.6% in the first quarter. GWM Advisors LLC now owns 1,324 shares of the aircraft producer’s stock valued at $233,000 after buying an additional 8 shares during the last quarter. Howe & Rusling Inc. raised its stake in shares of Boeing Company (The) by 0.3% in the first quarter. Howe & Rusling Inc. now owns 2,898 shares of the aircraft producer’s stock valued at $512,000 after buying an additional 9 shares during the last quarter. Arcus Capital Partners LLC raised its stake in shares of Boeing Company (The) by 0.8% in the first quarter. Arcus Capital Partners LLC now owns 1,628 shares of the aircraft producer’s stock valued at $288,000 after buying an additional 13 shares during the last quarter. Vicus Capital raised its stake in shares of Boeing Company (The) by 1.0% in the first quarter. Vicus Capital now owns 1,382 shares of the aircraft producer’s stock valued at $244,000 after buying an additional 14 shares during the last quarter. Finally, Trust Co. of Virginia VA raised its stake in shares of Boeing Company (The) by 0.5% in the first quarter. Trust Co. of Virginia VA now owns 3,239 shares of the aircraft producer’s stock valued at $573,000 after buying an additional 15 shares during the last quarter. 74.47% of the stock is currently owned by hedge funds and other institutional investors.

Boeing Company (NYSE:BA) traded up 0.86% during mid-day trading on Friday, hitting $234.88. 3,461,663 shares of the stock were exchanged. Boeing Company has a 52 week low of $126.31 and a 52 week high of $246.49. The company has a 50-day moving average of $217.15 and a 200-day moving average of $189.10. The stock has a market capitalization of $138.83 billion, a PE ratio of 20.58 and a beta of 1.16.

Boeing Company (The) (NYSE:BA) last posted its earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.32 by $0.23. The company had revenue of $22.74 billion during the quarter, compared to analysts’ expectations 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 quarterly revenue was down 8.1% on a year-over-year basis. During the same period last year, the company posted ($0.44) earnings per share. On average, equities analysts predict that Boeing Company will post $9.95 EPS for the current fiscal year.

The business also recently announced 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 is Wednesday, August 9th. This represents a $5.68 annualized dividend and a yield of 2.42%. Boeing Company (The)’s payout ratio is 49.74%.

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Several equities research analysts have recently issued reports on the stock. Royal Bank Of Canada raised their price target on shares of Boeing Company (The) from $138.00 to $146.00 and gave the stock an “underperform” rating in a research note on Thursday, April 27th. Canaccord Genuity raised their price target on shares of Boeing Company (The) from $162.00 to $170.00 and gave the stock a “hold” rating in a research note on Tuesday, April 18th. Argus restated a “buy” rating and set a $270.00 price target on shares of Boeing Company (The) in a research note on Tuesday, August 1st. Zacks Investment Research lowered shares of Boeing Company (The) from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $274.00 price target on shares of Boeing Company (The) in a research note on Friday. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and fourteen have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $228.31.

In related news, CFO Gregory D. Smith sold 19,757 shares of the firm’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $245.42, for a total transaction of $4,848,762.94. Following the completion of the transaction, the chief financial officer now directly owns 152,195 shares of the company’s stock, valued at $37,351,696.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Dennis A. Muilenburg sold 56,838 shares of the firm’s stock in a transaction 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 transaction, the chairman now directly owns 127,778 shares of the company’s stock, valued at $31,108,831.88. The disclosure for this sale can be found here. Insiders have sold 83,468 shares of company stock valued at $20,353,814 over the last ninety days. 0.28% of the stock is currently owned by corporate insiders.

About Boeing Company (The)

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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