First Basis Advisors boosted its place in shares of The Boeing Firm (NYSE:BA – Free Report) by 8.4% through the 2nd quarter, in keeping with the corporate in its most up-to-date disclosure with the SEC. The agency owned 5,791 shares of the plane producer’s inventory after shopping for a further 451 shares through the quarter. First Basis Advisors’ holdings in Boeing had been value $1,054,000 on the finish of the newest reporting interval.
Numerous different giant buyers have additionally modified their holdings of BA. EverSource Wealth Advisors LLC grew its place in Boeing by 1.2% within the 4th quarter. EverSource Wealth Advisors LLC now owns 4,198 shares of the plane producer’s inventory valued at $1,094,000 after shopping for a further 50 shares over the last quarter. Davis R M Inc. boosted its holdings in shares of Boeing by 1.8% within the fourth quarter. Davis R M Inc. now owns 2,943 shares of the plane producer’s inventory valued at $767,000 after buying a further 52 shares within the final quarter. Westpac Banking Corp elevated its stake in shares of Boeing by 1.6% through the fourth quarter. Westpac Banking Corp now owns 3,336 shares of the plane producer’s inventory value $870,000 after buying a further 54 shares through the interval. Chicago Companions Funding Group LLC raised its holdings in Boeing by 0.4% through the fourth quarter. Chicago Companions Funding Group LLC now owns 14,941 shares of the plane producer’s inventory value $3,895,000 after buying a further 56 shares within the final quarter. Lastly, Madison Park Capital Advisors LLC raised its holdings in Boeing by 4.9% through the second quarter. Madison Park Capital Advisors LLC now owns 1,204 shares of the plane producer’s inventory value $219,000 after buying a further 56 shares within the final quarter. Institutional buyers and hedge funds personal 64.82% of the corporate’s inventory.
Wall Road Analyst Weigh In
A number of analysis companies have issued studies on BA. Financial institution of America boosted their goal value on Boeing from $180.00 to $200.00 and gave the inventory a “impartial” ranking in a analysis report on Thursday, June thirteenth. Sanford C. Bernstein reduce their value goal on Boeing from $222.00 to $207.00 and set an “outperform” ranking for the corporate in a analysis report on Monday, August fifth. UBS Group decreased their goal value on shares of Boeing from $250.00 to $240.00 and set a “purchase” ranking on the inventory in a analysis report on Friday, June seventh. Deutsche Financial institution Aktiengesellschaft reiterated a “purchase” ranking and issued a $225.00 value goal on shares of Boeing in a report on Tuesday, June twenty fifth. Lastly, Susquehanna reissued a “optimistic” ranking and set a $230.00 value goal on shares of Boeing in a report on Wednesday, August 14th. Three funding analysts have rated the inventory with a promote ranking, seven have assigned a maintain ranking, 13 have given a purchase ranking and one has given a powerful purchase ranking to the corporate. Primarily based on information from MarketBeat.com, the corporate at present has a mean ranking of “Reasonable Purchase” and a mean value goal of $211.29.
Test Out Our Newest Inventory Report on BA
Boeing Inventory Up 3.4 %
NYSE BA opened at $162.92 on Tuesday. The Boeing Firm has a fifty-two week low of $156.70 and a fifty-two week excessive of $267.54. The enterprise has a fifty day shifting common of $176.06 and a 200-day shifting common of $180.23. The inventory has a market cap of $100.39 billion, a price-to-earnings ratio of -45.89 and a beta of 1.58.
Boeing (NYSE:BA – Get Free Report) final launched its earnings outcomes on Wednesday, July thirty first. The plane producer reported ($2.90) earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of ($1.00) by ($1.90). The enterprise had income of $16.87 billion for the quarter, in comparison with the consensus estimate of $17.35 billion. The corporate’s quarterly income was down 14.6% in comparison with the identical quarter final 12 months. Throughout the identical quarter final 12 months, the enterprise posted ($0.82) EPS. As a bunch, analysts anticipate that The Boeing Firm will submit -4.26 EPS for the present 12 months.
Boeing Profile
The Boeing Firm, along with its subsidiaries, designs, develops, manufactures, sells, providers, and helps business jetliners, army plane, satellites, missile protection, human area flight and launch techniques, and providers worldwide. The corporate operates by means of Business Airplanes; Protection, House & Safety; and International Providers segments.
Featured Tales
Need to see what different hedge funds are holding BA? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for The Boeing Firm (NYSE:BA – Free Report).
Obtain Information & Scores for Boeing Every day – Enter your e mail deal with under to obtain a concise day by day abstract of the most recent information and analysts’ rankings for Boeing and associated firms with MarketBeat.com’s FREE day by day e mail publication.
