Investors sold shares of Boeing Co (NYSE:BA) on strength during trading hours on Friday. $145.24 million flowed into the stock on the tick-up and $232.56 million flowed out of the stock on the tick-down, for a money net flow of $87.32 million out of the stock. Of all equities tracked, Boeing had the 0th highest net out-flow for the day. Boeing traded up $0.07 for the day and closed at $295.10

BA has been the topic of several research reports. Vetr upgraded shares of Boeing from a “sell” rating to a “hold” rating and set a $288.75 price objective on the stock in a report on Monday, December 11th. Zacks Investment Research downgraded Boeing from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Cowen reaffirmed a “buy” rating and issued a $315.00 price objective on shares of Boeing in a research note on Thursday, October 26th. ValuEngine raised shares of Boeing from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Nord/LB set a $250.00 target price on shares of Boeing and gave the company a “neutral” rating in a research report on Thursday, November 2nd. Eleven equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $270.67.

The company has a current ratio of 1.18, a quick ratio of 0.39 and a debt-to-equity ratio of 8.54. The firm has a market cap of $175,760.00, a P/E ratio of 27.15, a price-to-earnings-growth ratio of 2.24 and a beta of 1.24.

Boeing (NYSE:BA) last announced its earnings results on Wednesday, October 25th. The aircraft producer reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.65 by $0.07. Boeing had a return on equity of 12,064.25% and a net margin of 7.33%. The firm had revenue of $24.31 billion during the quarter, compared to analyst estimates of $24.09 billion. During the same period last year, the firm posted $3.51 EPS. The business’s revenue was up 1.7% compared to the same quarter last year. sell-side analysts expect that Boeing Co will post 10.11 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 2nd. Shareholders of record on Friday, February 9th will be issued a dividend of $1.71 per share. This represents a $6.84 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date is Thursday, February 8th. This is a positive change from Boeing’s previous quarterly dividend of $1.42. Boeing’s payout ratio is presently 52.25%.

Boeing declared that its Board of Directors has approved a share buyback program on Monday, December 11th that authorizes the company to repurchase $18.00 billion in outstanding shares. This repurchase authorization authorizes the aircraft producer to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

A number of institutional investors have recently made changes to their positions in the business. Lipe & Dalton purchased a new position in Boeing in the third quarter valued at $100,000. Burt Wealth Advisors acquired a new position in Boeing in the 3rd quarter worth $100,000. Clear Perspective Advisors LLC lifted its holdings in Boeing by 31.0% in the 2nd quarter. Clear Perspective Advisors LLC now owns 571 shares of the aircraft producer’s stock worth $113,000 after buying an additional 135 shares in the last quarter. Vantage Investment Advisors LLC lifted its holdings in Boeing by 11.1% in the 2nd quarter. Vantage Investment Advisors LLC now owns 841 shares of the aircraft producer’s stock worth $123,000 after buying an additional 84 shares in the last quarter. Finally, CWH Capital Management Inc. acquired a new position in Boeing in the 2nd quarter worth $134,000. 70.85% of the stock is currently owned by institutional investors and hedge funds.

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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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