Traders sold shares of Boeing Company (The) (NYSE:BA) on strength during trading hours 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 stocks tracked, Boeing Company (The) had the 0th highest net out-flow for the day. Boeing Company (The) traded up $1.69 for the day and closed at $236.31

Several equities analysts have weighed in on BA shares. Vetr raised Boeing Company (The) from a “hold” rating to a “buy” rating and set a $253.33 price objective for the company in a report on Monday, August 7th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $274.00 price objective on shares of Boeing Company (The) in a 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 report on Thursday, July 27th. Cowen and Company reaffirmed a “buy” rating and issued a $255.00 price objective on shares of Boeing Company (The) in a 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 report on Friday, August 4th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $232.08.

The firm has a market cap of $141.14 billion, a P/E ratio of 20.92 and a beta of 1.18. The company’s 50 day moving average is $235.67 and its 200 day moving average is $198.82.

Boeing Company (The) (NYSE:BA) last released its quarterly earnings data on Wednesday, July 26th. The aircraft producer reported $2.55 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.32 by $0.23. The firm had revenue of $22.74 billion for the quarter, compared to the consensus estimate of $22.97 billion. Boeing Company (The) had a return on equity of 2,185.10% and a net margin of 7.84%. The company’s quarterly revenue was down 8.1% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.44) earnings per share. Equities research 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. Investors of record on Friday, August 11th were paid a $1.42 dividend. The ex-dividend date was Wednesday, August 9th. This represents a $5.68 annualized dividend and a dividend yield of 2.38%. Boeing Company (The)’s payout ratio is presently 49.74%.

In related news, SVP Thomas J. Downey sold 134 shares of the firm’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $241.20, for a total value of $32,320.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Dennis A. Muilenburg sold 56,838 shares of the firm’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $243.46, for a total value of $13,837,779.48. Following the completion of the sale, the chairman now directly owns 127,778 shares in the company, valued at $31,108,831.88. The disclosure for this sale can be found here. Insiders sold 83,468 shares of company stock worth $20,353,814 over the last three months. 0.28% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Clear Perspective Advisors LLC grew its stake in shares of Boeing Company (The) by 31.0% in 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 during the last quarter. Proficio Capital Partners LLC grew its stake in shares of Boeing Company (The) by 181.9% in 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 during the last quarter. CWH Capital Management Inc. bought a new stake in shares of Boeing Company (The) in the second quarter worth about $134,000. Catamount Wealth Management bought a new stake in shares of Boeing Company (The) in the second quarter worth about $138,000. Finally, MCF Advisors LLC grew its stake in shares of Boeing Company (The) by 9.5% in 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 during the last quarter. 72.30% of the stock is currently owned by institutional investors.

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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.