Traders sold shares of Boeing Company (The) (NYSE:BA) on strength during trading hours on Monday. $133.05 million flowed into the stock on the tick-up and $203.15 million flowed out of the stock on the tick-down, for a money net flow of $70.10 million out of the stock. Of all stocks tracked, Boeing Company (The) had the 7th highest net out-flow for the day. Boeing Company (The) traded up $0.67 for the day and closed at $240.33

A number of research analysts recently commented on the company. Canaccord Genuity restated a “hold” rating and issued a $215.00 target price (up from $200.00) on shares of Boeing Company (The) in a research note on Sunday, July 30th. Argus restated a “buy” rating and issued a $270.00 target price on shares of Boeing Company (The) in a research note on Tuesday, August 1st. Buckingham Research upgraded Boeing Company (The) from an “underperform” rating to a “neutral” rating in a research note on Friday, July 28th. Vetr upgraded Boeing Company (The) from a “hold” rating to a “buy” rating and set a $253.33 target price for the company in a research note on Monday, August 7th. Finally, Wells Fargo & Company restated a “market perform” rating on shares of Boeing Company (The) in a research note on Monday, July 10th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $232.08.

The stock’s 50-day moving average is $231.90 and its 200-day moving average is $196.93. The stock has a market cap of $142.05 billion, a price-to-earnings ratio of 21.06 and a beta of 1.18.

Boeing Company (The) (NYSE:BA) last issued its earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.23. Boeing Company (The) had a return on equity of 2,185.10% and a net margin of 7.84%. The business had revenue of $22.74 billion during the quarter, compared to analysts’ expectations of $22.97 billion. During the same quarter in the prior year, the firm earned ($0.44) EPS. The business’s revenue for the quarter was down 8.1% compared to the same quarter last year. On average, equities analysts forecast that Boeing Company will post $9.99 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Friday, August 11th were issued a $1.42 dividend. The ex-dividend date was Wednesday, August 9th. This represents a $5.68 dividend on an annualized basis and a yield of 2.36%. Boeing Company (The)’s payout ratio is presently 49.74%.

In other news, SVP Heidi B. Capozzi sold 4,217 shares of the stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $241.51, for a total value of $1,018,447.67. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Thomas J. Downey sold 134 shares of the stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $241.20, for a total value of $32,320.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 83,468 shares of company stock valued at $20,353,814. Insiders own 0.28% of the company’s stock.

Several hedge funds have recently modified their holdings of BA. Janus Henderson Group PLC increased its stake in shares of Boeing Company (The) by 7,215.0% in the second quarter. Janus Henderson Group PLC now owns 4,919,937 shares of the aircraft producer’s stock valued at $972,919,000 after buying an additional 4,852,679 shares during the period. Harbour Capital Advisors LLC increased its stake in shares of Boeing Company (The) by 18,613.5% in the second quarter. Harbour Capital Advisors LLC now owns 1,342,129 shares of the aircraft producer’s stock valued at $6,787,000 after buying an additional 1,334,957 shares during the period. AQR Capital Management LLC increased its stake in shares of Boeing Company (The) by 66.5% in the first quarter. AQR Capital Management LLC now owns 2,627,684 shares of the aircraft producer’s stock valued at $464,732,000 after buying an additional 1,049,546 shares during the period. Koch Industries Inc. increased its stake in shares of Boeing Company (The) by 61,128.7% in the second quarter. Koch Industries Inc. now owns 849,855 shares of the aircraft producer’s stock valued at $846,000 after buying an additional 848,467 shares during the period. Finally, Principal Financial Group Inc. increased its stake in shares of Boeing Company (The) by 63.7% in the second quarter. Principal Financial Group Inc. now owns 1,442,748 shares of the aircraft producer’s stock valued at $285,303,000 after buying an additional 561,343 shares during the period. 72.30% of the stock is owned by institutional investors.

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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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