Schulhoff & Co. Inc. boosted its stake in shares of Boeing Co (NYSE:BA) by 14.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,665 shares of the aircraft producer’s stock after acquiring an additional 215 shares during the period. Schulhoff & Co. Inc.’s holdings in Boeing were worth $558,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of BA. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its stake in shares of Boeing by 220.0% in the 1st quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 320 shares of the aircraft producer’s stock worth $105,000 after buying an additional 220 shares in the last quarter. Mount Yale Investment Advisors LLC purchased a new position in shares of Boeing in the 1st quarter worth $108,000. Advisors Preferred LLC purchased a new position in shares of Boeing in the 1st quarter worth $111,000. SWS Partners purchased a new position in shares of Boeing in the 4th quarter worth $123,000. Finally, Lucia Wealth Services LLC purchased a new position in shares of Boeing in the 1st quarter worth $126,000. 69.74% of the stock is owned by institutional investors.

BA stock opened at $359.80 on Friday. Boeing Co has a 12 month low of $246.21 and a 12 month high of $374.48. The company has a debt-to-equity ratio of -7.65, a current ratio of 1.11 and a quick ratio of 0.32. The stock has a market cap of $203.04 billion, a P/E ratio of 24.39, a PEG ratio of 1.76 and a beta of 1.44.

Boeing (NYSE:BA) last released its quarterly earnings results on Wednesday, July 25th. The aircraft producer reported $3.33 EPS for the quarter, missing analysts’ consensus estimates of $3.45 by ($0.12). Boeing had a return on equity of 2,344.87% and a net margin of 9.92%. The firm had revenue of $24.26 billion for the quarter, compared to analysts’ expectations of $24.02 billion. During the same period in the prior year, the firm posted $2.55 earnings per share. Boeing’s revenue for the quarter was up 5.2% on a year-over-year basis. research analysts expect that Boeing Co will post 14.63 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 7th. Investors of record on Friday, August 10th were paid a dividend of $1.71 per share. The ex-dividend date of this dividend was Thursday, August 9th. This represents a $6.84 dividend on an annualized basis and a dividend yield of 1.90%. Boeing’s dividend payout ratio is presently 56.81%.

A number of brokerages have commented on BA. Cowen reissued a “buy” rating and issued a $430.00 price objective on shares of Boeing in a research note on Wednesday, July 25th. UBS Group lifted their price objective on shares of Boeing from $325.00 to $357.00 and gave the stock a “neutral” rating in a research note on Thursday, July 26th. Credit Suisse Group reissued a “buy” rating and issued a $455.00 price objective on shares of Boeing in a research note on Thursday, July 26th. Berenberg Bank reissued a “buy” rating and issued a $430.00 price objective on shares of Boeing in a research note on Monday, September 3rd. Finally, Goldman Sachs Group set a $375.00 price objective on shares of Boeing and gave the stock a “neutral” rating in a research note on Wednesday, July 25th. Seven equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $400.60.

Boeing Profile

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital.

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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