Traders sold shares of Boeing Company (The) (NYSE:BA) on strength during trading on Thursday. $121.26 million flowed into the stock on the tick-up and $209.57 million flowed out of the stock on the tick-down, for a money net flow of $88.31 million out of the stock. Of all companies tracked, Boeing Company (The) had the 4th highest net out-flow for the day. Boeing Company (The) traded up $1.69 for the day and closed at $236.31

Several brokerages have recently weighed in on BA. Argus restated a “buy” rating and set a $270.00 target price on shares of Boeing Company (The) in a research note on Tuesday, August 1st. Canaccord Genuity restated a “hold” rating and set a $215.00 target price (up from $200.00) on shares of Boeing Company (The) in a research note on Sunday, July 30th. J P Morgan Chase & Co raised their target price on Boeing Company (The) from $20.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, July 31st. Vetr upgraded Boeing Company (The) from a “sell” rating to a “buy” rating and set a $253.33 target price for the company in a research note on Monday, July 31st. Finally, TheStreet upgraded Boeing Company (The) from a “c+” rating to a “b” rating in a research note on Wednesday, July 26th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Boeing Company (The) has an average rating of “Buy” and a consensus price target of $232.08.

The firm has a market cap of $139.68 billion, a P/E ratio of 20.70 and a beta of 1.18. The firm’s 50 day moving average price is $234.85 and its 200-day moving average price is $198.53.

Boeing Company (The) (NYSE:BA) last released its quarterly earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 EPS for the quarter, beating the Zacks’ consensus estimate of $2.32 by $0.23. The firm had revenue of $22.74 billion for 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%. The company’s revenue for the quarter was down 8.1% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.44) earnings per share. Equities analysts forecast that Boeing Company will post $9.99 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Friday, August 11th were given 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 2.40%. Boeing Company (The)’s dividend payout ratio (DPR) is presently 49.74%.

In other Boeing Company (The) news, SVP Thomas J. Downey sold 134 shares of the business’s 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Gregory D. Smith sold 19,757 shares of the business’s stock in a transaction dated 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 owns 152,195 shares in the company, valued at $37,351,696.90. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 83,468 shares of company stock worth $20,353,814. Company insiders own 0.28% of the company’s stock.

Several hedge funds have recently made changes to their positions in BA. Clear Perspective Advisors LLC lifted its position in shares of 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 purchasing an additional 135 shares in the last quarter. Proficio Capital Partners LLC lifted its position in shares of 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 purchasing an additional 402 shares in the last quarter. Vantage Investment Advisors LLC lifted its position in shares of Boeing Company (The) by 11.1% during the second quarter. Vantage Investment Advisors LLC now owns 841 shares of the aircraft producer’s stock worth $123,000 after purchasing an additional 84 shares in the last quarter. MCF Advisors LLC lifted its position in shares of 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 purchasing an additional 62 shares in the last quarter. Finally, SRS Capital Advisors Inc. lifted its position in shares of Boeing Company (The) by 16.9% during the first quarter. SRS Capital Advisors Inc. now owns 742 shares of the aircraft producer’s stock worth $131,000 after purchasing an additional 107 shares in the last quarter. Institutional investors own 72.30% of the company’s stock.

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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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