MCF Advisors raised its position in Boeing Company (The) by 9.5% in the Q1.
This table compares Boeing Company (The) and Textron's top-line revenue, earnings per share and valuation. Guinness Asset Mgmt invested 0.67% of its portfolio in Boeing Co (NYSE:BA). McNamara Financial Services Inc. increased its stake in Boeing Company (The) by 0.8% in the first quarter. CHURCHILL MANAGEMENT Corp boosted its position in shares of Boeing Company (The) by 100.7% in the first quarter. Bank of Montreal Can now owns 2,968,297 shares of the aircraft producer's stock valued at $524,974,000 after buying an additional 694,658 shares during the last quarter.
On July 27 the company was upgraded from "Sector Perform" to "Sector Perform" in a statement from RBC Capital. EPS breaks down the profitability of the company on a single share basis. Horan Capital Advisors LLC. now owns 18,219 shares of the aircraft producer's stock valued at $3,222,000 after buying an additional 133 shares during the last quarter. $494,792 worth of Boeing Co (NYSE:BA) shares were sold by Deal Stanley A. Shares for $3.50 million were sold by Sands Diana L. $580,005 worth of Boeing Co (NYSE:BA) shares were sold by Hyslop Gregory L. LUTTIG J MICHAEL had sold 102,080 shares worth $17.02 million. SELL rating has been given by 0 analyst (s) and 20 analyst (s) given BUY rating to the stock. 10,854,935 shares of the stock traded hands.
With a total market value of $0, Boeing has price-earnings ratio of 28.76 with a one year low of $126.31 and a one year high of $233.98. Boeing has recorded a 50-day average of $201.99 and a two hundred day average of $182.61. Boeing Company (The) also saw unusually large options trading on Wednesday.
Institutional investors now hold around $93.76 billion or 73.7% in BA stock. A significant increase in trading volume means that more than double the average amount of stocks are moving.
Boeing Company (NYSE:BA) opened its previous trading session at $223.48 later Inclining 9.88% to close its trade at a share price of $233.45.
Boeing reported earnings of $2.55 per share (excluding $0.34 from non-recurring items). Revenue for the quarter also did not kill consensus, coming in at $20.98 Billion, compared to the consensus of 21.3 Billion. And it will make $3.5bn in additional pension contributions this year to reduce future costs. They expect $-0.22 earnings per share, up 83.70% or $1.13 from last year's $-1.35 per share.
Boeing said it will cut full-year capital expenditure by $300m, but that was expected since the company has made most of the big investments in its 777X wing factory and the 737 MAX and 787-10 programsme, said the analyst Richard Aboulafia at Teal Group.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. The ex-dividend date will be Wednesday May 10th, 2017.
Boeing Company (The) (NYSE:BA) has insider ownership of 0.28% and institutional ownership of 73.04%. If you are accessing this news story on another site, it was illegally copied and republished in violation of US & worldwide copyright & trademark legislation. The original version of this piece can be accessed at https://weekherald.com/2017/07/27/boeing-company-the-nyseba-given-new-300-00-price-target-at-cowen-and-company.html.
BA has been the topic of a number of analyst reports. Bank of America Corporation raised shares of Boeing Company (The) from an "underperform" rating to a "neutral" rating and upped their price objective for the company from $150.00 to $225.00 in a research note on Wednesday, July 19th.
July 11 investment analysts at Jefferies held the stock rating at "Buy" but raised the price target to $230.00 from $165.00.
Boeing Company (The) was upgraded to "overweight" by analysts at JP Morgan. The stock now has a average recommendation of "Hold" and an consensus price target of $196.03. The SVP, Government Operations now owns $13,826,670 of the stock per an SEC filing yesterday.
Boeing delivered 352 aircraft during the period, 23 fewer than in the first half of 2016, although operating profit rise from $60 million to $2.8 billion.