Additionally Boeing Company (The) recently declared a dividend paid on Friday the 1st of September 2017. "For its 747 model, weak demand for large commercial passenger and freighter aircraft also adds to the woes". Deroy & Devereaux Private Investment Counsel Inc. now owns 2,131 shares of the aircraft producer's stock valued at $421,000 after acquiring an additional 6 shares in the last quarter.
Boeing Company (The) (NYSE:BA) last issued its earnings results on Wednesday, July 26th. Argus reiterated a "buy" rating and issued a $270.00 price objective on shares of Boeing Company (The) in a report on Tuesday, August 1st. Berenberg Bank set a $245.00 target price on shares of Boeing Company (The) and gave the stock a "buy" rating in a research note on Friday, July 21st. On Thursday, January 28 the stock rating was maintained by RBC Capital Markets with "Sector Perform". Finally, Vetr raised shares of Boeing Company (The) from a "hold" rating to a "buy" rating and set a $206.38 price target on the stock in a research report on Thursday, June 29th.
The company is now up by 0.20% percent from yesterday's close.
It is trading at $261.44 just above $247.54, the 50 day moving average and quite a bit above the 200 day moving average of $210.90. Boeing Company has a 52-week low of $131.39 and a 52-week high of $261.65. The firm has a market cap of $154.53 billion, a PE ratio of 22.91 and a beta of 1.21. (NYSE:BA) shares saw light trading volume with 2,739K shares changing hands on Thursday. The total number of shares traded in the last 12 months is 1.25 million. Boeing Company (The) had a net margin of 7.84% and a return on equity of 2,185.10%. The firm had revenue of $20.98 billion during the quarter, compared to the consensus estimate of $21.27 billion. The firm's revenue was down 7.3% compared to the same quarter past year. Equities analysts predict that Boeing Company will post $10.03 EPS for the current fiscal year. The value of the investment in (BA) went from $7,704,000 to $8,536,000 a change of $832,000 for the reporting period. If you are accessing this news story on another domain, it was stolen and republished in violation of U.S. and worldwide trademark & copyright law. The 50 day moving average moved up $13.28 and the 200 day average went up $50.18 or +23.75%. Following the completion of the transaction, the chairman now owns 127,778 shares of the company's stock, valued at approximately $31,108,831.88.
In related news, Chairman Dennis A. Muilenburg sold 56,838 shares of the company's stock in a transaction on Monday, July 31st. The shares were sold at an average price of $241.20, for a total transaction of $32,320.80. The disclosure for this sale can be found here. For the past month, The Boeing Company's stock has been 8.67%, 26.77% for the last quarter, 48.50% for the past six months and 95.48% for the past 52 weeks.
A number of hedge funds have recently modified their holdings of BA. LLC purchased a new position in Boeing Company (The) in the first quarter valued at about $1,339,000. Clear Perspective Advisors LLC now owns 571 shares of the aircraft producer's stock valued at $113,000 after buying an additional 135 shares during the period. Curbstone Financial Management Corp lifted its position in shares of Boeing Company (The) by 92.1% in the 3rd quarter. Proficio Capital Partners LLC now owns 623 shares of the aircraft producer's stock valued at $115,000 after buying an additional 402 shares during the period.
Wealthfront Inc increased Boeing Co (BA) stake by 36.93% reported in 2017Q2 SEC filing. AlphaOne also gave news stories about the aircraft producer an impact score of 76 out of 100, meaning that recent media coverage is likely to have an impact on the stock's share price in the near term. Hodges Capital Management Inc.'s holdings in Boeing Company (The) were worth $6,004,000 as of its most recent SEC filing. The stock of Boeing Co (NYSE:BA) earned "Buy" rating by Deutsche Bank on Monday, December 5. The original version of this news story can be accessed at https://stocknewstimes.com/2017/10/12/hodges-capital-management-inc-reduces-holdings-in-boeing-company-the-ba.html. Arcus Capital Partners LLC now owns 1,628 shares of the aircraft producer's stock valued at $288,000 after buying an additional 13 shares during the period.
The Boeing Company is an aerospace company. The Company's divisions include Commercial Airplanes; Defense, Space & Security, such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). 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.