Boeing (BA) Shares Bought by Bronfman E.L. Rothschild L.P.

Bronfman E.L. Rothschild L.P. increased its stake in Boeing (NYSE:BA) by 2.2% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,821 shares of the aircraft producer’s stock after buying an additional 146 shares during the quarter. Bronfman E.L. Rothschild L.P.’s holdings in Boeing were worth $2,012,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of BA. High Falls Advisors Inc raised its stake in Boeing by 0.3% in the 2nd quarter. High Falls Advisors Inc now owns 3,520 shares of the aircraft producer’s stock valued at $696,000 after acquiring an additional 11 shares during the period. Arcus Capital Partners LLC raised its stake in Boeing by 0.7% in the 2nd quarter. Arcus Capital Partners LLC now owns 1,640 shares of the aircraft producer’s stock valued at $324,000 after acquiring an additional 12 shares during the period. Quadrant Capital Group LLC raised its stake in Boeing by 2.8% in the 2nd quarter. Quadrant Capital Group LLC now owns 1,670 shares of the aircraft producer’s stock valued at $284,000 after acquiring an additional 45 shares during the period. North Star Asset Management Inc. raised its stake in Boeing by 0.7% in the 2nd quarter. North Star Asset Management Inc. now owns 7,585 shares of the aircraft producer’s stock valued at $1,500,000 after acquiring an additional 50 shares during the period. Finally, Ropes Wealth Advisors LLC raised its stake in Boeing by 0.7% in the 2nd quarter. Ropes Wealth Advisors LLC now owns 8,493 shares of the aircraft producer’s stock valued at $1,679,000 after acquiring an additional 55 shares during the period. 70.84% of the stock is currently owned by institutional investors.

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BA has been the topic of several analyst reports. Bank of America reiterated a “buy” rating and set a $470.00 price target (up from $395.00) on shares of Boeing in a research report on Thursday, February 1st. Vetr cut Boeing from a “strong-buy” rating to a “buy” rating and set a $368.72 price target on the stock. in a research report on Monday. Canaccord Genuity upped their price target on Boeing from $290.00 to $345.00 and gave the company a “hold” rating in a research report on Thursday, February 1st. Societe Generale set a $373.00 price target on Boeing and gave the company a “neutral” rating in a research report on Thursday, February 1st. Finally, Credit Suisse Group set a $443.00 price target on Boeing and gave the company an “outperform” rating in a research report on Thursday, February 1st. Ten investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $364.47.

BA stock opened at $329.28 on Monday. The company has a current ratio of 1.16, a quick ratio of 0.37 and a debt-to-equity ratio of 23.74. The company has a market capitalization of $198,603.72, a P/E ratio of 27.35, a P/E/G ratio of 1.75 and a beta of 1.39. Boeing has a 1-year low of $175.47 and a 1-year high of $371.60.

Boeing (NYSE:BA) last posted its quarterly earnings data on Wednesday, January 31st. The aircraft producer reported $4.80 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.91 by $1.89. The company had revenue of $25.37 billion for the quarter, compared to analysts’ expectations of $24.78 billion. Boeing had a net margin of 8.78% and a negative return on equity of 11,050.62%. Boeing’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.47 earnings per share. sell-side analysts predict that Boeing will post 14.05 earnings per share for the current year.

In other Boeing news, CFO Gregory D. Smith sold 36,079 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $337.43, for a total value of $12,174,136.97. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.24% of the stock is owned by corporate insiders.

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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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