Alexandria Capital LLC lessened its position in Boeing Company (The) (NYSE:BA) by 1.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,501 shares of the aircraft producer’s stock after selling 47 shares during the period. Alexandria Capital LLC’s holdings in Boeing Company (The) were worth $890,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of BA. City Holding Co. raised its position in shares of Boeing Company (The) by 9.0% in the first quarter. City Holding Co. now owns 4,415 shares of the aircraft producer’s stock valued at $781,000 after buying an additional 365 shares during the last quarter. Cambridge Advisors Inc. raised its position in shares of Boeing Company (The) by 2.0% in the first quarter. Cambridge Advisors Inc. now owns 2,515 shares of the aircraft producer’s stock valued at $445,000 after buying an additional 50 shares during the last quarter. State of Alaska Department of Revenue raised its position in shares of Boeing Company (The) by 17.1% in the first quarter. State of Alaska Department of Revenue now owns 54,827 shares of the aircraft producer’s stock valued at $9,695,000 after buying an additional 7,997 shares during the last quarter. TRUE Private Wealth Advisors raised its position in shares of Boeing Company (The) by 0.7% in the first quarter. TRUE Private Wealth Advisors now owns 10,026 shares of the aircraft producer’s stock valued at $1,793,000 after buying an additional 65 shares during the last quarter. Finally, Hermes Investment Management Ltd. raised its position in shares of Boeing Company (The) by 12.4% in the first quarter. Hermes Investment Management Ltd. now owns 11,508 shares of the aircraft producer’s stock valued at $2,035,000 after buying an additional 1,272 shares during the last quarter. 72.31% of the stock is owned by institutional investors and hedge funds.

Several equities analysts recently commented on BA shares. Argus reaffirmed a “buy” rating and set a $270.00 price target on shares of Boeing Company (The) in a research report on Tuesday, August 1st. Vetr lowered shares of Boeing Company (The) from a “strong-buy” rating to a “buy” rating and set a $269.69 price target for the company. in a research report on Wednesday. Canaccord Genuity reaffirmed a “hold” rating and set a $215.00 price target (up previously from $200.00) on shares of Boeing Company (The) in a research report on Sunday, July 30th. J P Morgan Chase & Co upped their price target on shares of Boeing Company (The) from $20.00 to $280.00 and gave the stock an “overweight” rating in a research report on Monday, July 31st. Finally, Vertical Research reaffirmed a “hold” rating and set a $242.00 price target (up previously from $187.00) on shares of Boeing Company (The) in a research report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. Boeing Company (The) has a consensus rating of “Buy” and a consensus target price of $232.20.

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In other news, CFO Gregory D. Smith sold 19,757 shares of Boeing Company (The) stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $245.42, for a total value of $4,848,762.94. Following the transaction, the chief financial officer now owns 152,195 shares of the company’s stock, valued at $37,351,696.90. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Thomas J. Downey sold 134 shares of Boeing Company (The) stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $241.20, for a total transaction of $32,320.80. The disclosure for this sale can be found here. In the last three months, insiders sold 83,468 shares of company stock worth $20,353,814. Insiders own 0.28% of the company’s stock.

Boeing Company (NYSE BA) opened at 241.93 on Thursday. The firm’s 50-day moving average is $237.29 and its 200-day moving average is $200.08. The company has a market capitalization of $143.00 billion, a P/E ratio of 21.20 and a beta of 1.18. Boeing Company has a 1-year low of $126.34 and a 1-year high of $246.49.

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. Boeing Company (The) had a net margin of 7.84% and a return on equity of 2,185.10%. The company had revenue of $22.74 billion for the quarter, compared to analyst estimates of $22.97 billion. During the same quarter last year, the firm posted ($0.44) earnings per share. The company’s quarterly revenue was down 8.1% compared to the same quarter last year. Equities research analysts predict 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. Stockholders of record on Friday, August 11th were given a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date of this dividend was Wednesday, August 9th. Boeing Company (The)’s dividend payout ratio is 49.74%.

Boeing Company (The) 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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Institutional Ownership by Quarter for Boeing Company (The) (NYSE:BA)

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