Rathbones Group PLC diminished its stake in shares of The Boeing Firm (NYSE:BA – Free Report) by 8.3% in the course of the second quarter, in keeping with the corporate in its most up-to-date 13F submitting with the Securities and Trade Fee. The agency owned 8,887 shares of the plane producer’s inventory after promoting 800 shares in the course of the quarter. Rathbones Group PLC’s holdings in Boeing have been value $1,618,000 on the finish of the newest reporting interval.
A number of different institutional traders have additionally added to or diminished their stakes within the inventory. Capital Analysis World Buyers grew its stake in Boeing by 35.5% within the fourth quarter. Capital Analysis World Buyers now owns 16,880,647 shares of the plane producer’s inventory value $4,400,109,000 after buying a further 4,425,964 shares in the course of the interval. Wellington Administration Group LLP boosted its holdings in shares of Boeing by 563.9% in the course of the 4th quarter. Wellington Administration Group LLP now owns 3,439,093 shares of the plane producer’s inventory valued at $896,434,000 after shopping for a further 2,921,043 shares within the final quarter. Value T Rowe Associates Inc. MD grew its place in shares of Boeing by 23.7% within the 4th quarter. Value T Rowe Associates Inc. MD now owns 9,823,006 shares of the plane producer’s inventory value $2,560,466,000 after shopping for a further 1,884,850 shares in the course of the interval. World Property Advisory LLC purchased a brand new place in shares of Boeing within the 1st quarter value about $272,312,000. Lastly, Vanguard Group Inc. lifted its place in Boeing by 2.5% in the course of the 1st quarter. Vanguard Group Inc. now owns 49,724,770 shares of the plane producer’s inventory valued at $9,596,383,000 after buying a further 1,222,816 shares in the course of the interval. 64.82% of the inventory is presently owned by institutional traders.
Boeing Buying and selling Down 0.8 %
Shares of NYSE BA opened at $155.54 on Tuesday. The Boeing Firm has a 12-month low of $154.02 and a 12-month excessive of $267.54. The agency has a market capitalization of $95.48 billion, a price-to-earnings ratio of -43.81 and a beta of 1.57. The agency has a 50 day shifting common of $173.49 and a 200 day shifting common of $178.70.
Boeing (NYSE:BA – Get Free Report) final issued its quarterly earnings knowledge 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 agency had income of $16.87 billion for the quarter, in comparison with analysts’ expectations of $17.35 billion. Boeing’s income for the quarter was down 14.6% on a year-over-year foundation. Throughout the identical interval final 12 months, the agency posted ($0.82) earnings per share. Promote-side analysts predict that The Boeing Firm will publish -4.26 EPS for the present 12 months.
Analyst Scores Adjustments
A variety of equities analysts have weighed in on BA shares. Deutsche Financial institution Aktiengesellschaft reaffirmed a “purchase” score and set a $225.00 goal worth on shares of Boeing in a analysis be aware on Tuesday, June twenty fifth. Wells Fargo & Firm reiterated an “underweight” score and set a $119.00 worth goal (down beforehand from $185.00) on shares of Boeing in a analysis be aware on Tuesday, September third. Sanford C. Bernstein dropped their goal worth on Boeing from $222.00 to $207.00 and set an “outperform” score on the inventory in a report on Monday, August fifth. Robert W. Baird diminished their worth goal on Boeing from $300.00 to $240.00 and set an “outperform” score for the corporate in a report on Monday, June third. Lastly, Susquehanna reiterated a “optimistic” score and issued a $230.00 worth goal on shares of Boeing in a analysis be aware on Wednesday, August 14th. Three equities analysis analysts have rated the inventory with a promote score, seven have given a maintain score, 13 have given a purchase score and one has given a robust purchase score to the corporate’s inventory. Primarily based on knowledge from MarketBeat, Boeing presently has a mean score of “Reasonable Purchase” and a mean goal worth of $211.29.
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Boeing Firm Profile
The Boeing Firm, along with its subsidiaries, designs, develops, manufactures, sells, companies, and helps business jetliners, navy plane, satellites, missile protection, human house flight and launch techniques, and companies worldwide. The corporate operates by means of Business Airplanes; Protection, House & Safety; and World Companies segments.
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