Edmond DE Rothschild Holding S.A. lessened its stake in shares of Boeing Company (The) (NYSE:BA) by 45.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,465 shares of the aircraft producer’s stock after selling 11,839 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Boeing were worth $2,861,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in BA. Harbour Capital Advisors LLC grew its holdings in Boeing by 18,613.5% during the second quarter. Harbour Capital Advisors LLC now owns 1,342,129 shares of the aircraft producer’s stock valued at $6,787,000 after purchasing an additional 1,334,957 shares during the last quarter. AQR Capital Management LLC grew its holdings in Boeing by 66.5% during the first quarter. AQR Capital Management LLC now owns 2,627,684 shares of the aircraft producer’s stock valued at $464,732,000 after purchasing an additional 1,049,546 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Boeing by 63.7% during the second quarter. Principal Financial Group Inc. now owns 1,442,748 shares of the aircraft producer’s stock valued at $285,303,000 after purchasing an additional 561,343 shares during the last quarter. Bank of Nova Scotia grew its holdings in Boeing by 181.0% during the first quarter. Bank of Nova Scotia now owns 609,760 shares of the aircraft producer’s stock valued at $107,843,000 after purchasing an additional 392,786 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its holdings in Boeing by 11.7% during the first quarter. Schwab Charles Investment Management Inc. now owns 2,943,099 shares of the aircraft producer’s stock valued at $520,517,000 after purchasing an additional 308,976 shares during the last quarter. Institutional investors own 70.77% of the company’s stock.

Several equities analysts have commented on the company. Vetr upgraded Boeing from a “hold” rating to a “buy” rating and set a $253.33 price target on the stock in a report on Monday, August 7th. Sanford C. Bernstein reissued an “outperform” rating and issued a $274.00 price objective on shares of Boeing in a research report on Friday, August 11th. Zacks Investment Research cut Boeing from a “buy” rating to a “hold” rating in a research report on Tuesday, September 19th. UBS increased their price objective on Boeing from $180.00 to $253.00 and gave the company a “neutral” rating in a research report on Friday, August 4th. Finally, ValuEngine cut Boeing from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and fourteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $257.81.

Boeing Company (BA) opened at $271.38 on Friday. The company has a market capitalization of $164,856.13, a price-to-earnings ratio of 28.39, a P/E/G ratio of 2.11 and a beta of 1.24. Boeing Company has a 12-month low of $150.02 and a 12-month high of $278.73. The company has a debt-to-equity ratio of 8.54, a current ratio of 1.18 and a quick ratio of 0.39.

Boeing (NYSE:BA) last issued its earnings results on Wednesday, October 25th. The aircraft producer reported $2.72 EPS for the quarter, topping the consensus estimate of $2.65 by $0.07. The firm had revenue of $24.31 billion during the quarter, compared to analysts’ expectations of $24.09 billion. Boeing had a return on equity of 12,064.25% and a net margin of 7.33%. Boeing’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period last year, the business earned $3.51 earnings per share. analysts predict that Boeing Company will post 10.1 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Friday, November 10th were given a $1.42 dividend. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $5.68 annualized dividend and a yield of 2.09%. Boeing’s dividend payout ratio (DPR) is currently 52.21%.

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Boeing 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 (NYSE:BA)

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