27,203 Shares in Boeing Company (The) (BA) Acquired by Artemis Investment Management LLP

Artemis Investment Management LLP bought a new stake in Boeing Company (The) (NYSE:BA) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 27,203 shares of the aircraft producer’s stock, valued at approximately $5,380,000.

A number of other large investors have also recently modified their holdings of the stock. Riverpoint Wealth Management Holdings LLC raised its holdings in Boeing Company (The) by 0.3% in the 2nd quarter. Riverpoint Wealth Management Holdings LLC now owns 1,438 shares of the aircraft producer’s stock valued at $293,000 after acquiring an additional 4 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. raised its holdings in Boeing Company (The) by 0.3% in the 2nd quarter. 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 during the period. Accredited Investors Inc. raised its holdings in Boeing Company (The) by 0.4% in the 2nd quarter. Accredited Investors Inc. now owns 1,643 shares of the aircraft producer’s stock valued at $325,000 after acquiring an additional 6 shares during the period. GWM Advisors LLC raised its holdings in Boeing Company (The) by 0.6% in the 1st quarter. GWM Advisors LLC now owns 1,324 shares of the aircraft producer’s stock valued at $233,000 after acquiring an additional 8 shares during the period. Finally, Silicon Valley Capital Partners raised its holdings in Boeing Company (The) by 0.7% in the 2nd quarter. Silicon Valley Capital Partners now owns 1,240 shares of the aircraft producer’s stock valued at $245,000 after acquiring an additional 9 shares during the period. Institutional investors and hedge funds own 71.99% of the company’s stock.

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Several research firms have weighed in on BA. Vetr cut shares of Boeing Company (The) from a “hold” rating to a “sell” rating and set a $254.15 price target on the stock. in a report on Monday, October 23rd. Morgan Stanley increased their price target on shares of Boeing Company (The) from $260.00 to $285.00 and gave the company an “equal weight” rating in a report on Tuesday, October 24th. Credit Suisse Group reissued an “outperform” rating and issued a $310.00 price target (up from $300.00) on shares of Boeing Company (The) in a report on Tuesday, October 24th. J P Morgan Chase & Co reissued a “buy” rating and issued a $300.00 price target on shares of Boeing Company (The) in a report on Thursday, October 26th. Finally, Cowen and Company reissued a “buy” rating and issued a $315.00 price target on shares of Boeing Company (The) in a report on Thursday, October 26th. Eleven investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Boeing Company (The) currently has a consensus rating of “Buy” and an average price target of $256.68.

Boeing Company (NYSE:BA) opened at $262.42 on Tuesday. The company has a market cap of $155,356.66, a price-to-earnings ratio of 26.75, a PEG ratio of 1.99 and a beta of 1.22. The company has a debt-to-equity ratio of 8.54, a quick ratio of 0.39 and a current ratio of 1.18. Boeing Company has a fifty-two week low of $144.46 and a fifty-two week high of $267.62.

Boeing Company (The) (NYSE:BA) last issued its quarterly earnings results on Wednesday, October 25th. The aircraft producer reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.65 by $0.07. The company had revenue of $24.31 billion for the quarter, compared to analyst estimates of $24.09 billion. Boeing Company (The) had a net margin of 7.33% and a return on equity of 12,064.25%. Boeing Company (The)’s revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.51 earnings per share. research analysts forecast that Boeing Company will post 10.1 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Friday, November 10th will be issued a $1.42 dividend. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $5.68 annualized dividend and a yield of 2.16%. Boeing Company (The)’s payout ratio is 52.21%.

About Boeing Company (The)

The Boeing Company is an aerospace company. The Company’s segments include Commercial Airplanes; Defense, Space & Security (BDS), such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, to the commercial airline industry.

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Institutional Ownership by Quarter for Boeing Company (The) (NYSE:BA)

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