Appleton Partners Inc. MA lifted its holdings in Boeing Company (The) (NYSE:BA) by 18.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 6,276 shares of the aircraft producer’s stock after purchasing an additional 977 shares during the period. Appleton Partners Inc. MA’s holdings in Boeing Company (The) were worth $1,241,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. GWM Advisors LLC lifted its position in shares of Boeing Company (The) by 0.6% in the 1st quarter. GWM Advisors LLC now owns 1,324 shares of the aircraft producer’s stock worth $233,000 after purchasing an additional 8 shares during the period. Arcus Capital Partners LLC lifted its position in shares of Boeing Company (The) by 0.8% in the 1st quarter. Arcus Capital Partners LLC now owns 1,628 shares of the aircraft producer’s stock worth $288,000 after purchasing an additional 13 shares during the period. Trust Co. of Virginia VA lifted its position in shares of Boeing Company (The) by 0.5% in the 1st quarter. Trust Co. of Virginia VA now owns 3,239 shares of the aircraft producer’s stock worth $573,000 after purchasing an additional 15 shares during the period. Stillwater Investment Management LLC lifted its position in shares of Boeing Company (The) by 0.8% in the 2nd quarter. Stillwater Investment Management LLC now owns 2,010 shares of the aircraft producer’s stock worth $397,000 after purchasing an additional 15 shares during the period. Finally, Curbstone Financial Management Corp lifted its position in shares of Boeing Company (The) by 0.8% in the 2nd quarter. Curbstone Financial Management Corp now owns 1,900 shares of the aircraft producer’s stock worth $376,000 after purchasing an additional 15 shares during the period. 72.17% of the stock is owned by hedge funds and other institutional investors.

In related news, SVP Thomas J. Downey sold 134 shares of the company’s stock in a transaction on 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Heidi B. Capozzi sold 4,217 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $241.51, for a total transaction of $1,018,447.67. The disclosure for this sale can be found here. In the last quarter, insiders sold 83,468 shares of company stock valued at $20,353,814. 0.28% of the stock is owned by insiders.

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Boeing Company (BA) traded up 0.16% during mid-day trading on Friday, reaching $256.45. 3,475,566 shares of the company traded hands. The firm has a market capitalization of $151.58 billion, a price-to-earnings ratio of 22.47 and a beta of 1.18. Boeing Company has a 52 week low of $128.18 and a 52 week high of $259.30. The stock’s 50 day moving average price is $239.32 and its 200 day moving average price is $202.49.

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 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 firm had revenue of $22.74 billion during the quarter, compared to the consensus estimate of $22.97 billion. During the same quarter in the prior year, the firm earned ($0.44) EPS. Boeing Company (The)’s revenue for the quarter was down 8.1% on a year-over-year basis. Equities analysts forecast that Boeing Company will post $10.00 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 1st. Investors 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 annualized dividend and a yield of 2.21%. Boeing Company (The)’s dividend payout ratio (DPR) is 49.74%.

Several equities research analysts have recently weighed in on BA shares. Zacks Investment Research raised shares of Boeing Company (The) from a “hold” rating to a “buy” rating and set a $228.00 price target for the company in a research report on Tuesday, July 11th. ValuEngine raised shares of Boeing Company (The) from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Cowen and Company reissued an “outperform” rating and set a $300.00 target price (up previously from $255.00) on shares of Boeing Company (The) in a research report on Monday, July 24th. Credit Suisse Group reissued a “hold” rating on shares of Boeing Company (The) in a research report on Wednesday, July 19th. Finally, Vetr cut shares of Boeing Company (The) from a “hold” rating to a “sell” rating and set a $223.75 target price for the company. in a research report on Wednesday, July 26th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and fifteen have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $241.32.

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.

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

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