Federated Investors Inc. PA reduced its position in Boeing Co (NYSE:BA) by 1.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,504 shares of the aircraft producer’s stock after selling 184 shares during the quarter. Federated Investors Inc. PA’s holdings in Boeing were worth $4,531,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its position in shares of Boeing by 220.0% during the first quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 320 shares of the aircraft producer’s stock worth $105,000 after acquiring an additional 220 shares during the period. Mount Yale Investment Advisors LLC purchased a new position in shares of Boeing during the first quarter worth approximately $108,000. Lucia Wealth Services LLC purchased a new position in shares of Boeing during the first quarter worth approximately $126,000. Litman Gregory Asset Management LLC purchased a new position in shares of Boeing during the first quarter worth approximately $131,000. Finally, Institutional & Family Asset Management LLC purchased a new position in shares of Boeing during the first quarter worth approximately $139,000. 69.71% of the stock is currently owned by institutional investors.

A number of equities analysts have recently commented on BA shares. Credit Suisse Group reaffirmed a “buy” rating and set a $455.00 target price on shares of Boeing in a research report on Thursday, July 26th. JPMorgan Chase & Co. reaffirmed a “buy” rating and set a $400.00 target price on shares of Boeing in a research report on Thursday, July 26th. Berenberg Bank reaffirmed a “buy” rating and set a $430.00 target price on shares of Boeing in a research report on Monday, September 3rd. UBS Group assumed coverage on shares of Boeing in a research report on Wednesday, August 15th. They set a “buy” rating and a $515.00 target price on the stock. Finally, Robert W. Baird reiterated a “buy” rating and set a $450.00 price objective on shares of Boeing in a research note on Monday, August 13th. Six analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $401.25.

NYSE BA opened at $360.11 on Friday. The company has a debt-to-equity ratio of -7.65, a quick ratio of 0.32 and a current ratio of 1.11. Boeing Co has a 52-week low of $254.50 and a 52-week high of $394.28. The company has a market cap of $213.66 billion, a PE ratio of 29.91, a price-to-earnings-growth ratio of 1.85 and a beta of 1.39.

Boeing (NYSE:BA) last announced its earnings results on Wednesday, July 25th. The aircraft producer reported $3.33 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $3.45 by ($0.12). The firm had revenue of $24.26 billion during the quarter, compared to analyst estimates of $24.02 billion. Boeing had a net margin of 9.92% and a return on equity of 2,344.87%. Boeing’s revenue was up 5.2% on a year-over-year basis. During the same quarter last year, the business earned $2.55 earnings per share. On average, equities analysts predict that Boeing Co will post 14.6 earnings per share for the current year.

Boeing Company 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.

Recommended Story: What is a closed-end mutual fund (CEF)?

Want to see what other hedge funds are holding BA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Boeing Co (NYSE:BA).

Institutional Ownership by Quarter for Boeing (NYSE:BA)

Receive News & Ratings for Boeing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boeing and related companies with MarketBeat.com's FREE daily email newsletter.