Published: Thu, October 26, 2017
Business | By Max Garcia

The Boeing Company (NYSE: BA)


The Boeing Company (NYSE:BA) has seen its stock price gain 110.32, or +70.86%, so far in 2017. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. The insider now holds 12,663 shares of The Boeing Company (BA). The firm's revenue for the quarter was up 1.7% on a year-over-year basis. Suntrust Banks Inc. now owns 109,641 shares of the aircraft producer's stock valued at $21,679,000 after purchasing an additional 5,219 shares in the last quarter. Parametric Portfolio Associates LLC now owns 1,252,672 shares of the aircraft producer's stock valued at $247,711,000 after purchasing an additional 206,770 shares during the last quarter.

The Boeing Company (BA) lies in the middle of a strong rising trend in the short term and issued considerable signs about additional rally. Royal Bank Of Canada reiterated a sell rating and issued a $146.00 price objective on shares of Boeing Company (The) in a research note on Friday, July 7th. The business had revenue of $24.31 billion for the quarter, compared to analyst estimates of $24.09 billion.

The Chicago-based aircraft maker reported Q3 earnings per share (EPS) of $2.72, which was $0.06 better than the Wall Street consensus estimate of $2.66. The company had revenue of $23.90 billion for the quarter, compared to analysts' expectations of $23.73 billion. The fund owned 15,400,915 shares of the aircraft producer's stock after selling 139,284 shares during the period. The stock's 50 day moving average price is $152.79 and its 200 day moving average price is $137.93. Boeing Company (The) had a return on equity of 126.01% and a net margin of 4.52%. For comparison's sake, analysts expect the S&P 500 to grow earnings by an average of 12% in 2017. The Symphony Asset Management Llc holds 24,459 shares with $4.84 million value, up from 19,257 last quarter. Mountain Capital Investment Advisors Inc purchased a new stake in shares of Boeing Company (The) during the second quarter worth about $196,000. Another trade for 10,673 shares valued at $1.95M was made by Conner Raymond L. on Monday, May 1. The ex-dividend date of this dividend is Wednesday, February 8th.

Several other analysts have also recently issued reports on BA. Hudson Valley Invest Advsrs Adv has invested 1.33% in Boeing Co (NYSE:BA). Credit Suisse Group reissued an "outperform" rating and set a $310.00 price target (up from $300.00) on shares of Boeing Company (The) in a report on Tuesday.

The top 5 institutional holders, in ascending order, are as follows: VANGUARD GROUP INC with 40.41 million shares, CAPITAL WORLD INVESTORS with 37.56 million shares, BLACKROCK INC. with 34.55 million shares, EVERCORE TRUST COMPANY, N.A. with 34.04 million shares, and PRICE T ROWE ASSOCIATES INC /MD/ with 29.27 million shares. Of those transactions, there were 420,255 shares of BA bought and 831,089 shares sold.

9 analysts rate Boeing Company (The) a Buy or Strong Buy, which is 52.94% of all the analyst ratings. Boeing Company (The)'s dividend payout ratio (DPR) is 66.36%. The transaction was disclosed in a document filed with the SEC, which is available at this link. The stock was sold at an average price of $245.42, for a total transaction of $4,848,762.94.

The most recent non open market insider trade was completed by MUSSER PHILIP A on 09/25/2017, and was a acquisition of 12,390 shares with a final price of $0.

The Boeing Company is an aerospace firm. 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). Its Commercial Airplanes segment develops, produces and markets commercial jet aircraft, which provides related support services to the commercial airline industry.

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