Boeing Company (The) (BA) Position Maintained by Sicart Associates LLC

Sicart Associates LLC held its stake in Boeing Company (The) (NYSE:BA) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,000 shares of the aircraft producer’s stock at the end of the 2nd quarter. Sicart Associates LLC’s holdings in Boeing Company (The) were worth $791,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC increased its position in Boeing Company (The) by 181.9% during the first quarter. Proficio Capital Partners LLC now owns 623 shares of the aircraft producer’s stock worth $115,000 after purchasing an additional 402 shares during the last quarter. MCF Advisors LLC increased its position in Boeing Company (The) by 9.5% during the first quarter. MCF Advisors LLC now owns 712 shares of the aircraft producer’s stock worth $126,000 after purchasing an additional 62 shares during the last quarter. SRS Capital Advisors Inc. increased its position in Boeing Company (The) by 16.9% during the first quarter. SRS Capital Advisors Inc. now owns 742 shares of the aircraft producer’s stock worth $131,000 after purchasing an additional 107 shares during the last quarter. Catamount Wealth Management acquired a new stake in Boeing Company (The) during the second quarter worth about $138,000. Finally, Herndon Capital Management LLC increased its position in Boeing Company (The) by 29.7% during the second quarter. Herndon Capital Management LLC now owns 720 shares of the aircraft producer’s stock worth $142,000 after purchasing an additional 165 shares during the last quarter. Institutional investors and hedge funds own 72.23% of the company’s stock.

Several equities research analysts recently issued reports on BA shares. Zacks Investment Research upgraded shares of Boeing Company (The) from a “hold” rating to a “buy” rating and set a $228.00 price objective for the company in a research report on Tuesday, July 11th. Deutsche Bank AG raised their price objective on shares of Boeing Company (The) to $300.00 and gave the stock a “buy” rating in a research report on Thursday, September 14th. Berenberg Bank set a $245.00 target price on shares of Boeing Company (The) and gave the stock a “buy” rating in a research note on Friday, July 21st. Jefferies Group LLC reaffirmed a “buy” rating and set a $300.00 target price on shares of Boeing Company (The) in a research note on Friday, October 6th. Finally, Credit Suisse Group reaffirmed a “sell” rating on shares of Boeing Company (The) in a research note on Friday, July 28th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $256.10.

In related news, SVP Heidi B. Capozzi sold 4,217 shares of the firm’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $241.51, for a total transaction of $1,018,447.67. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Thomas J. Downey sold 134 shares of the firm’s stock in a transaction 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. Company insiders own 0.28% of the company’s stock.

Boeing Company (NYSE:BA) opened at 256.46 on Monday. The stock has a 50 day moving average of $255.39 and a 200-day moving average of $218.14. The firm has a market capitalization of $151.59 billion, a PE ratio of 22.47 and a beta of 1.21. Boeing Company has a one year low of $138.80 and a one year high of $267.21.

Boeing Company (The) (NYSE:BA) last announced its quarterly earnings data on Wednesday, October 25th. The aircraft producer reported $2.72 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.65 by $0.07. Boeing Company (The) had a return on equity of 12,064.25% and a net margin of 7.33%. The firm had revenue of $24.31 billion for the quarter, compared to analysts’ expectations of $24.09 billion. During the same period last year, the business posted $3.51 earnings per share. The firm’s revenue for the quarter was up 1.7% on a year-over-year basis. On average, equities analysts predict that Boeing Company will post $10.08 EPS for the current year.

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About Boeing Company (The)

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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