1,960 Shares in Boeing Co (NYSE:BA) Acquired by Guild Investment Management Inc.

Guild Investment Management Inc. acquired a new position in shares of Boeing Co (NYSE:BA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,960 shares of the aircraft producer’s stock, valued at approximately $498,000. Boeing makes up approximately 0.5% of Guild Investment Management Inc.’s investment portfolio, making the stock its 25th biggest position.

A number of other hedge funds also recently added to or reduced their stakes in the business. Clear Perspective Advisors LLC grew its position in shares of Boeing by 31.0% during the second quarter. Clear Perspective Advisors LLC now owns 571 shares of the aircraft producer’s stock worth $113,000 after acquiring an additional 135 shares during the last quarter. Vantage Investment Advisors LLC grew its position in shares of Boeing by 11.1% during the second quarter. Vantage Investment Advisors LLC now owns 841 shares of the aircraft producer’s stock worth $123,000 after acquiring an additional 84 shares during the last quarter. CWH Capital Management Inc. purchased a new position in shares of Boeing during the second quarter worth approximately $134,000. Catamount Wealth Management purchased a new position in Boeing in the 2nd quarter valued at $138,000. Finally, Herndon Capital Management LLC grew its position in Boeing by 29.7% in the 2nd quarter. Herndon Capital Management LLC now owns 720 shares of the aircraft producer’s stock valued at $142,000 after buying an additional 165 shares during the last quarter. 70.84% of the stock is currently owned by institutional investors.

BA has been the topic of a number of analyst reports. Deutsche Bank lifted their price objective on shares of Boeing to $300.00 and gave the company a “buy” rating in a research report on Thursday, September 14th. Jefferies Group reiterated a “buy” rating and issued a $275.00 price objective on shares of Boeing in a research report on Saturday, September 16th. Canaccord Genuity reiterated a “hold” rating and issued a $235.00 price objective (up from $215.00) on shares of Boeing in a research report on Sunday, September 17th. Zacks Investment Research lowered shares of Boeing from a “buy” rating to a “hold” rating in a research report on Tuesday, September 19th. Finally, Wells Fargo & Co reissued a “hold” rating and issued a $255.00 target price (up previously from $240.00) on shares of Boeing in a report on Wednesday, September 20th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $280.74.

Shares of Boeing Co (BA) traded up $8.09 during mid-day trading on Friday, reaching $336.21. 6,519,400 shares of the company traded hands, compared to its average volume of 3,830,000. Boeing Co has a 12-month low of $156.67 and a 12-month high of $336.88. The firm has a market cap of $200,240.00, a P/E ratio of 30.93, a price-to-earnings-growth ratio of 2.16 and a beta of 1.23. The company has a quick ratio of 0.39, a current ratio of 1.18 and a debt-to-equity ratio of 8.54.

Boeing (NYSE:BA) last announced its earnings results on Wednesday, October 25th. The aircraft producer reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.65 by $0.07. Boeing had a net margin of 7.33% and a return on equity of 12,064.25%. The firm had revenue of $24.31 billion during the quarter, compared to the consensus estimate of $24.09 billion. During the same quarter in the previous year, the company posted $3.51 EPS. The firm’s revenue for the quarter was up 1.7% on a year-over-year basis. sell-side analysts predict that Boeing Co will post 10.14 EPS for the current year.

Boeing declared that its Board of Directors has authorized a stock repurchase plan on Monday, December 11th that permits the company to repurchase $18.00 billion in shares. This repurchase authorization permits the aircraft producer to buy shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its stock is undervalued.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 2nd. Investors of record on Friday, February 9th will be paid a $1.71 dividend. This is an increase from Boeing’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Thursday, February 8th. This represents a $6.84 annualized dividend and a yield of 2.03%. Boeing’s payout ratio is presently 52.25%.

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Boeing 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 (NYSE:BA)

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