30 August, 2017
The Boeing Company has a beta of 0.79, offering the possibility of a higher rate of return, but also posing more risk.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. American National Bank boosted its position in Boeing Company (The) by 30.6% in the first quarter. State of Tennessee Treasury Department now owns 599,420 shares of the aircraft producer's stock worth $106,014,000 after buying an additional 91,288 shares in the last quarter. Swiss National Bank now owns 2,077,391 shares of the aircraft producer's stock valued at $367,407,000 after buying an additional 418,500 shares during the last quarter. American Research & Management Co. now owns 1,595 shares of the aircraft producer's stock valued at $282,000 after buying an additional 190 shares during the period. Finally, Tarbox Group Inc. raised its stake in shares of Boeing Company (The) by 298.8% in the first quarter. First Command Financial Services Inc. now owns 5,028 shares of the aircraft producer's stock worth $889,000 after buying an additional 111 shares in the last quarter. AQR Capital Management LLC increased its position in Boeing Company (The) by 66.5% in the first quarter. Berkshire Asset Management LLC PA now owns 2,841 shares of the aircraft producer's stock valued at $502,000 after buying an additional 700 shares during the period. Lazard Asset Ltd Liability Company has 0.02% invested in Boeing Co (NYSE:BA). The portion of a company's profit allocated to each outstanding share of common stock was $4.6 a share in the trailing twelve months.
Facebook, Inc. (FB) is recuperating from the fall at $113.55, the 52-week low. If we take a long term observation, shares have been trading at a distance of 29.40% from the 200-day moving average. Moreover, Stock Yards Bankshares Tru Communications has 1.34% invested in Boeing Co (NYSE:BA) for 65,560 shares. Analysts are forecasting earnings of $2.59 on a per share basis this quarter. The business had revenue of $22.74 billion during the quarter, compared to the consensus estimate of $22.97 billion. On Monday, May 1 Deal Stanley A sold $494,792 worth of Boeing Co (NYSE:BA) or 2,710 shares. The company's quarterly revenue was down 8.1% compared to the same quarter previous year. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. On average, equities analysts anticipate that Boeing Company will post $9.99 earnings per share for the current year.
Additionally the company declared a dividend that will be paid on Friday the 1st of September 2017. Epoch Invest Partners Inc invested in 0.98% or 1.68 million shares. The ex-dividend date of this dividend is Wednesday, August 9th. This dividend amount will represent a yeild of $2.41. Boeing Company (The)'s dividend payout ratio (DPR) is now 49.74%.
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Heritage Investors Management Corp decreased Boeing Co (BA) stake by 1.73% reported in 2016Q4 SEC filing. August 17 investment analysts at Morgan Stanley made no change to the company rating of "Equal-Weight" but raised the price target to $260.00 from $153.00. Finally, Wells Fargo & Company reaffirmed a "market perform" rating on shares of Boeing Company (The) in a report on Monday, July 10th. Standpoint Research upgraded the stock to "Buy" rating in Thursday, January 14 report. Credit Suisse Group reissued a "sell" rating on shares of Boeing Company (The) in a research report on Friday, July 28th. Argus reaffirmed a "buy" rating and issued a $270.00 price objective on shares of Boeing Company (The) in a report on Tuesday, August 1st. Out of 12 Wall Street analysts rating Intel, 8 give it "Buy", 1 "Sell" rating, while 3 recommend "Hold".
The Boeing Company (BA) stock price rose 77.39 percent over the past one year, while increased 32.94 percent during the past 6 months. Heritage Investors Management Corp sold 2,110 shares as Boeing Co (BA)'s stock rose 4.66%. The stock was sold at an average price of $243.46, for a total value of $13,837,779.48. Following the transaction, the chairman now directly owns 127,778 shares of the company's stock, valued at approximately $31,108,831.88. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Robert E. Verbeck sold 2,522 shares of Boeing Company (The) stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $245.42, for a total value of $4,848,762.94. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 83,468 shares of company stock worth $20,353,814.
The market capitalization of The Boeing Company is at $141.89 Billion. The Company is involved in the design, development, manufacture, sale, service and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems and services. The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, to the commercial airline industry. It fall, as 69 investors sold BA shares while 508 reduced holdings.
