Boeing Company (The) (BA) Position Held by Pathstone Family Office LLC

Pathstone Family Office LLC maintained its stake in shares of Boeing Company (The) (NYSE:BA) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,310 shares of the aircraft producer’s stock at the close of the second quarter. Boeing makes up 0.6% of Pathstone Family Office LLC’s investment portfolio, making the stock its 21st biggest position. Pathstone Family Office LLC’s holdings in Boeing were worth $2,631,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Proficio Capital Partners LLC grew its position in shares of Boeing by 181.9% in the first quarter. Proficio Capital Partners LLC now owns 623 shares of the aircraft producer’s stock valued at $115,000 after purchasing an additional 402 shares during the last quarter. Catamount Wealth Management acquired a new stake in shares of Boeing in the second quarter valued at approximately $138,000. Herndon Capital Management LLC grew its position in shares of Boeing by 29.7% in the second quarter. Herndon Capital Management LLC now owns 720 shares of the aircraft producer’s stock valued at $142,000 after purchasing an additional 165 shares during the last quarter. SRS Capital Advisors Inc. grew its position in shares of Boeing by 16.9% in the first quarter. SRS Capital Advisors Inc. now owns 742 shares of the aircraft producer’s stock valued at $131,000 after purchasing an additional 107 shares during the last quarter. Finally, Acrospire Investment Management LLC grew its position in shares of Boeing by 14.3% in the second quarter. Acrospire Investment Management LLC now owns 800 shares of the aircraft producer’s stock valued at $158,000 after purchasing an additional 100 shares during the last quarter. Institutional investors own 70.81% of the company’s stock.

Boeing Company (BA) opened at $277.97 on Tuesday. The company has a debt-to-equity ratio of 8.54, a quick ratio of 0.39 and a current ratio of 1.18. The firm has a market cap of $161,628.09, a P/E ratio of 27.83, a price-to-earnings-growth ratio of 2.07 and a beta of 1.24. Boeing Company has a one year low of $150.02 and a one year high of $281.83.

Boeing (NYSE:BA) last posted its quarterly earnings results on Wednesday, October 25th. The aircraft producer reported $2.72 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.65 by $0.07. The company had revenue of $24.31 billion for the quarter, compared to the consensus estimate of $24.09 billion. Boeing had a net margin of 7.33% and a return on equity of 12,064.25%. Boeing’s revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the firm posted $3.51 earnings per share. equities analysts expect that Boeing Company will post 10.1 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Friday, November 10th were paid a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date was Thursday, November 9th. Boeing’s dividend payout ratio is currently 52.21%.

A number of analysts recently issued reports on BA shares. Vetr upgraded shares of Boeing from a “hold” rating to a “buy” rating and set a $253.33 target price on the stock in a research report on Monday, August 7th. Canaccord Genuity raised their target price on shares of Boeing from $245.00 to $250.00 and gave the stock a “hold” rating in a research report on Thursday, October 26th. Jefferies Group raised their target price on shares of Boeing from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, September 22nd. Zacks Investment Research upgraded shares of Boeing from a “hold” rating to a “strong-buy” rating and set a $271.00 target price on the stock in a research report on Tuesday, August 22nd. Finally, Wells Fargo & Company restated a “hold” rating and set a $255.00 target price (up previously from $240.00) on shares of Boeing in a research report on Wednesday, September 20th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and fourteen have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $257.81.

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Boeing 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.

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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