First Financial Corp IN trimmed its position in Boeing Co (NYSE:BA) by 71.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 680 shares of the aircraft producer’s stock after selling 1,685 shares during the period. First Financial Corp IN’s holdings in Boeing were worth $248,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in BA. Nations Financial Group Inc. IA ADV raised its holdings in shares of Boeing by 31.0% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 2,237 shares of the aircraft producer’s stock worth $722,000 after buying an additional 529 shares during the last quarter. Schulhoff & Co. Inc. raised its holdings in shares of Boeing by 8.9% in the fourth quarter. Schulhoff & Co. Inc. now owns 1,840 shares of the aircraft producer’s stock worth $593,000 after buying an additional 150 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of Boeing by 47.2% in the fourth quarter. First Trust Advisors LP now owns 169,587 shares of the aircraft producer’s stock worth $54,692,000 after buying an additional 54,407 shares during the last quarter. Corrado Advisors LLC raised its holdings in shares of Boeing by 4.1% in the second quarter. Corrado Advisors LLC now owns 7,901 shares of the aircraft producer’s stock worth $2,876,000 after buying an additional 310 shares during the last quarter. Finally, Madrona Financial Services LLC raised its holdings in shares of Boeing by 7.0% in the fourth quarter. Madrona Financial Services LLC now owns 856 shares of the aircraft producer’s stock worth $276,000 after buying an additional 56 shares during the last quarter. Institutional investors own 67.92% of the company’s stock.

Shares of Boeing stock opened at $345.00 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.29 and a debt-to-equity ratio of 48.98. The business’s fifty day simple moving average is $361.04. Boeing Co has a 1 year low of $292.47 and a 1 year high of $446.01. The stock has a market capitalization of $195.87 billion, a PE ratio of 21.55, a PEG ratio of 2.43 and a beta of 1.30.

Boeing (NYSE:BA) last released its quarterly earnings data on Wednesday, July 24th. The aircraft producer reported $2.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.85 by $1.07. Boeing had a net margin of 5.42% and a negative return on equity of 632.24%. The company had revenue of $15.75 billion during the quarter, compared to analysts’ expectations of $15.05 billion. During the same quarter in the previous year, the company earned $3.33 earnings per share. The firm’s revenue for the quarter was down 35.1% on a year-over-year basis. On average, analysts predict that Boeing Co will post 12.85 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 6th. Shareholders of record on Friday, August 9th will be issued a $2.055 dividend. The ex-dividend date is Thursday, August 8th. This represents a $8.22 dividend on an annualized basis and a yield of 2.38%. Boeing’s payout ratio is 51.34%.

A number of research firms have issued reports on BA. Bank of America set a $420.00 price target on shares of Boeing and gave the stock a “hold” rating in a report on Thursday, June 27th. Barclays raised their price target on shares of Tyson Foods from $73.00 to $85.00 and gave the stock an “overweight” rating in a report on Tuesday, May 7th. Zacks Investment Research raised shares of Grana y Montero SAA from a “sell” rating to a “hold” rating in a report on Monday, June 10th. JPMorgan Chase & Co. decreased their price target on shares of Boeing from $430.00 to $425.00 and set an “overweight” rating for the company in a report on Thursday. Finally, Credit Suisse Group reissued a “buy” rating and set a $425.00 target price on shares of Boeing in a report on Thursday. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $403.79.

Boeing Profile

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates in four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital.

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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