Kaizen Advisory LLC decreased its position in Boeing Co (NYSE:BA) by 69.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,378 shares of the aircraft producer’s stock after selling 3,132 shares during the quarter. Kaizen Advisory LLC’s holdings in Boeing were worth $512,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the stock. Hudock Capital Group LLC lifted its position in Boeing by 3.4% in the second quarter. Hudock Capital Group LLC now owns 4,341 shares of the aircraft producer’s stock valued at $1,456,000 after purchasing an additional 144 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its position in Boeing by 0.5% in the second quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 30,349 shares of the aircraft producer’s stock valued at $10,182,000 after purchasing an additional 146 shares during the last quarter. Bourne Lent Asset Management Inc. lifted its position in Boeing by 9.5% in the second quarter. Bourne Lent Asset Management Inc. now owns 1,728 shares of the aircraft producer’s stock valued at $580,000 after purchasing an additional 150 shares during the last quarter. First United Bank Trust lifted its position in Boeing by 24.3% in the third quarter. First United Bank Trust now owns 768 shares of the aircraft producer’s stock valued at $286,000 after purchasing an additional 150 shares during the last quarter. Finally, Winthrop Advisory Group LLC lifted its position in Boeing by 10.2% in the third quarter. Winthrop Advisory Group LLC now owns 1,627 shares of the aircraft producer’s stock valued at $605,000 after purchasing an additional 151 shares during the last quarter. Institutional investors own 69.64% of the company’s stock.

BA has been the topic of several research analyst reports. Robert W. Baird reissued a “buy” rating and set a $450.00 target price on shares of Boeing in a research note on Monday, August 13th. Jefferies Financial Group set a $420.00 target price on Boeing and gave the company a “buy” rating in a research note on Tuesday, November 13th. Argus reissued a “fair value” rating and set a $395.00 target price on shares of Boeing in a research note on Thursday, October 25th. ValuEngine raised Boeing from a “hold” rating to a “buy” rating in a research note on Wednesday, September 19th. Finally, Canaccord Genuity reissued a “hold” rating and set a $360.00 target price (up from $350.00) on shares of Boeing in a research note on Thursday, October 25th. Eight investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $410.21.

In related news, SVP Jenette E. Ramos sold 1,640 shares of the company’s stock in a transaction on Friday, November 9th. The stock was sold at an average price of $367.52, for a total value of $602,732.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Diana L. Sands sold 5,000 shares of the company’s stock in a transaction on Monday, October 29th. The stock was sold at an average price of $350.07, for a total value of $1,750,350.00. The disclosure for this sale can be found here. 0.24% of the stock is owned by corporate insiders.

Shares of BA stock opened at $323.22 on Friday. The firm has a market capitalization of $188.48 billion, a P/E ratio of 21.62, a PEG ratio of 1.65 and a beta of 1.30. Boeing Co has a twelve month low of $279.90 and a twelve month high of $394.28. The company has a debt-to-equity ratio of 8.07, a quick ratio of 0.32 and a current ratio of 1.10.

Boeing (NYSE:BA) last issued its quarterly earnings results on Wednesday, October 24th. The aircraft producer reported $3.58 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $3.47 by $0.11. The company had revenue of $25.15 billion for the quarter, compared to analysts’ expectations of $23.84 billion. Boeing had a negative return on equity of 4,176.41% and a net margin of 10.36%. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.72 earnings per share. As a group, equities analysts anticipate that Boeing Co will post 15.05 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 7th. Investors of record on Friday, November 9th were paid a $1.71 dividend. The ex-dividend date of this dividend was Thursday, November 8th. This represents a $6.84 annualized dividend and a yield of 2.12%. Boeing’s payout ratio is 56.81%.

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About Boeing

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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