Traders sold shares of Boeing Company (The) (NYSE:BA) on strength during trading 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 equities tracked, Boeing Company (The) had the 0th 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 have recently weighed in on the company. Vetr raised Boeing Company (The) from a “hold” rating to a “buy” rating and set a $253.33 price objective on the stock in a research report on Monday, August 7th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $274.00 price objective on shares of Boeing Company (The) in a research report on Friday, August 11th. Royal Bank Of Canada raised Boeing Company (The) from an “underperform” rating to a “sector perform” rating and lifted their price objective for the company from $146.00 to $235.00 in a research report on Thursday, July 27th. Cowen and Company reaffirmed a “buy” rating and set a $255.00 price objective on shares of Boeing Company (The) in a research report on Monday, July 17th. Finally, UBS AG lifted their price objective on Boeing Company (The) from $180.00 to $253.00 and gave the company a “neutral” rating in a research report on Friday, August 4th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. Boeing Company (The) presently has a consensus rating of “Buy” and a consensus price target of $232.08.

The firm’s 50-day moving average is $233.37 and its 200-day moving average is $197.99. The company has a market cap of $140.09 billion, a PE ratio of 20.76 and a beta of 1.18.

Boeing Company (The) (NYSE:BA) last announced its quarterly earnings data on Wednesday, July 26th. The aircraft producer reported $2.55 EPS for the quarter, topping the Zacks’ consensus estimate 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 firm had revenue of $22.74 billion for the quarter, compared to the consensus estimate of $22.97 billion. During the same quarter last year, the business posted ($0.44) earnings per share. The firm’s revenue was down 8.1% compared to the same quarter last year. On average, analysts forecast that Boeing Company will post $9.99 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Friday, August 11th were paid a dividend of $1.42 per share. The ex-dividend date of this dividend was Wednesday, August 9th. This represents a $5.68 annualized dividend and a yield of 2.40%. Boeing Company (The)’s dividend payout ratio (DPR) is 49.74%.

In other Boeing Company (The) news, Chairman Dennis A. Muilenburg sold 56,838 shares of the firm’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $243.46, for a total transaction of $13,837,779.48. Following the completion of the sale, the chairman now owns 127,778 shares of the company’s stock, valued at $31,108,831.88. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Thomas J. Downey sold 134 shares of the firm’s stock in a transaction on Monday, August 7th. The stock was 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 three months, insiders have sold 83,468 shares of company stock valued at $20,353,814. 0.28% of the stock is owned by insiders.

Hedge funds have recently bought and sold shares of the business. Clear Perspective Advisors LLC increased its stake in Boeing Company (The) by 31.0% during the second quarter. Clear Perspective Advisors LLC now owns 571 shares of the aircraft producer’s stock worth $113,000 after acquiring an additional 135 shares during the last quarter. Proficio Capital Partners LLC increased its stake in Boeing Company (The) by 181.9% during the first quarter. Proficio Capital Partners LLC now owns 623 shares of the aircraft producer’s stock worth $115,000 after acquiring an additional 402 shares during the last quarter. CWH Capital Management Inc. acquired a new stake in Boeing Company (The) during the second quarter worth $134,000. Catamount Wealth Management acquired a new stake in Boeing Company (The) during the second quarter worth $138,000. Finally, MCF Advisors LLC increased its stake in Boeing Company (The) by 9.5% during the first quarter. MCF Advisors LLC now owns 712 shares of the aircraft producer’s stock worth $126,000 after acquiring an additional 62 shares during the last quarter. 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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