Bleakley Monetary Group LLC trimmed its holdings in shares of The Boeing Firm (NYSE:BA – Free Report) by 2.2% in the course of the third quarter, Holdings Channel studies. The fund owned 14,802 shares of the plane producer’s inventory after promoting 335 shares in the course of the interval. Bleakley Monetary Group LLC’s holdings in Boeing have been value $2,251,000 as of its most up-to-date SEC submitting.
A number of different hedge funds and different institutional traders additionally just lately added to or lowered their stakes in BA. Kiely Wealth Advisory Group Inc. purchased a brand new place in Boeing in the course of the 2nd quarter value about $33,000. Hobbs Group Advisors LLC bought a brand new stake in shares of Boeing in the course of the second quarter valued at about $34,000. McClarren Monetary Advisors Inc. lifted its place in shares of Boeing by 451.4% in the course of the first quarter. McClarren Monetary Advisors Inc. now owns 193 shares of the plane producer’s inventory valued at $37,000 after shopping for an extra 158 shares over the last quarter. Harel Insurance coverage Investments & Monetary Providers Ltd. lifted its place in shares of Boeing by 351.1% in the course of the second quarter. Harel Insurance coverage Investments & Monetary Providers Ltd. now owns 212 shares of the plane producer’s inventory valued at $39,000 after shopping for an extra 165 shares over the last quarter. Lastly, 1620 Funding Advisors Inc. bought a brand new stake in shares of Boeing in the course of the second quarter valued at about $39,000. 64.82% of the inventory is at the moment owned by institutional traders.
Analysts Set New Worth Targets
A number of analysis companies have commented on BA. TD Cowen decreased their value goal on shares of Boeing from $200.00 to $190.00 and set a “purchase” ranking for the corporate in a analysis report on Monday, October 14th. Sanford C. Bernstein decreased their value goal on shares of Boeing from $207.00 to $195.00 and set an “outperform” ranking for the corporate in a analysis report on Thursday. Stifel Nicolaus elevated their value goal on shares of Boeing from $230.00 to $235.00 and gave the corporate a “purchase” ranking in a analysis report on Thursday, August 1st. Deutsche Financial institution Aktiengesellschaft decreased their value goal on shares of Boeing from $225.00 to $195.00 and set a “purchase” ranking for the corporate in a analysis report on Thursday, October third. Lastly, Morgan Stanley decreased their value goal on shares of Boeing from $195.00 to $170.00 and set an “equal weight” ranking for the corporate in a analysis report on Friday. Three analysis analysts have rated the inventory with a promote ranking, eight have given a maintain ranking, fourteen have given a purchase ranking and one has assigned a robust purchase ranking to the corporate’s inventory. In keeping with MarketBeat.com, the corporate at the moment has a mean ranking of “Average Purchase” and a consensus value goal of $198.79.
Verify Out Our Newest Analysis Report on Boeing
Boeing Buying and selling Down 0.2 %
Shares of NYSE:BA opened at $155.00 on Friday. The Boeing Firm has a twelve month low of $146.02 and a twelve month excessive of $267.54. The corporate’s 50 day transferring common is $161.10 and its 200 day transferring common is $172.53. The corporate has a market cap of $95.15 billion, a PE ratio of -43.66 and a beta of 1.57.
Boeing (NYSE:BA – Get Free Report) final issued its quarterly earnings outcomes on Wednesday, July thirty first. The plane producer reported ($2.90) earnings per share for the quarter, lacking the consensus estimate of ($1.00) by ($1.90). The corporate had income of $16.87 billion for the quarter, in comparison with the consensus estimate of $17.35 billion. The corporate’s income for the quarter was down 14.6% in comparison with the identical quarter final yr. Throughout the identical quarter within the earlier yr, the enterprise posted ($0.82) EPS. Equities analysis analysts predict that The Boeing Firm will put up -5.35 earnings per share for the present fiscal yr.
Boeing Firm Profile
The Boeing Firm, along with its subsidiaries, designs, develops, manufactures, sells, providers, and helps business jetliners, navy plane, satellites, missile protection, human area flight and launch methods, and providers worldwide. The corporate operates by Business Airplanes; Protection, Area & Safety; and International Providers segments.
Additional Studying
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