Camelot Portfolios LLC Sells 990 Shares of Boeing Company (The) (BA)

Camelot Portfolios LLC lowered its position in Boeing Company (The) (NYSE:BA) by 19.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 4,100 shares of the aircraft producer’s stock after selling 990 shares during the quarter. Camelot Portfolios LLC’s holdings in Boeing Company (The) were worth $811,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Sonata Capital Group Inc. increased its holdings in Boeing Company (The) by 0.3% in the 1st quarter. Sonata Capital Group Inc. now owns 4,999 shares of the aircraft producer’s stock worth $884,000 after acquiring an additional 16 shares during the last quarter. Investment Partners Ltd. OH ADV increased its holdings in Boeing Company (The) by 1.1% in the 1st quarter. Investment Partners Ltd. OH ADV now owns 7,201 shares of the aircraft producer’s stock worth $1,274,000 after acquiring an additional 79 shares during the last quarter. Checchi Capital Advisers LLC grew its holdings in Boeing Company (The) by 7.9% during the 1st quarter. Checchi Capital Advisers LLC now owns 6,778 shares of the aircraft producer’s stock valued at $1,199,000 after buying an additional 499 shares in the last quarter. Harbour Capital Advisors LLC grew its holdings in Boeing Company (The) by 0.3% during the 1st quarter. Harbour Capital Advisors LLC now owns 7,172 shares of the aircraft producer’s stock valued at $1,268,000 after buying an additional 25 shares in the last quarter. Finally, Cypress Asset Management Inc. TX grew its holdings in Boeing Company (The) by 178.6% during the 2nd quarter. Cypress Asset Management Inc. TX now owns 6,544 shares of the aircraft producer’s stock valued at $1,294,000 after buying an additional 4,195 shares in the last quarter. 72.17% of the stock is owned by institutional investors.

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In other news, CFO Gregory D. Smith sold 19,757 shares of Boeing Company (The) stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $245.42, for a total value of $4,848,762.94. Following the completion of the transaction, the chief financial officer now owns 152,195 shares in the company, valued at approximately $37,351,696.90. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Thomas J. Downey sold 134 shares of Boeing Company (The) stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $241.20, for a total value of $32,320.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 83,468 shares of company stock valued at $20,353,814. Company insiders own 0.28% of the company’s stock.

Shares of Boeing Company (NYSE BA) opened at 260.93 on Wednesday. The company has a market cap of $154.23 billion, a P/E ratio of 22.86 and a beta of 1.21. The firm has a 50-day moving average price of $247.54 and a 200 day moving average price of $210.90. Boeing Company has a 12 month low of $131.39 and a 12 month high of $261.06.

Boeing Company (The) (NYSE:BA) last announced its earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 EPS for the quarter, topping the Zacks’ consensus estimate of $2.32 by $0.23. The firm had revenue of $22.74 billion during the quarter, compared to analysts’ expectations of $22.97 billion. Boeing Company (The) had a return on equity of 2,185.10% and a net margin of 7.84%. The company’s quarterly revenue was down 8.1% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.44) EPS. Equities analysts predict that Boeing Company will post $10.02 earnings per share for the current year.

A number of research firms have weighed in on BA. Vetr lowered Boeing Company (The) from a “buy” rating to a “hold” rating and set a $267.03 target price for the company. in a report on Friday, October 6th. Cowen and Company reaffirmed a “buy” rating and set a $315.00 target price on shares of Boeing Company (The) in a report on Friday, October 6th. Canaccord Genuity reaffirmed a “hold” rating and set a $235.00 target price on shares of Boeing Company (The) in a report on Thursday, October 5th. Jefferies Group LLC reaffirmed a “buy” rating and set a $300.00 target price on shares of Boeing Company (The) in a report on Friday, October 6th. Finally, Zacks Investment Research raised Boeing Company (The) from a “hold” rating to a “buy” rating and set a $289.00 target price for the company in a report on Tuesday. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $241.33.

Boeing Company (The) Company Profile

The Boeing Company is an aerospace company. The Company’s segments include Commercial Airplanes; Defense, Space & Security (BDS), such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, to the commercial airline industry.

Institutional Ownership by Quarter for Boeing Company (The) (NYSE:BA)

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