Boeing Co (BA) : First Allied Advisory Services scooped up 1,008 additional shares in Boeing Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 98,073 shares of Boeing Co which is valued at $13 Million.Boeing Co makes up approximately 0.73% of First Allied Advisory Services’s portfolio.
Other Hedge Funds, Including , Mazama Capital Management Inc boosted its stake in BA in the latest quarter, The investment management firm added 5,376 additional shares and now holds a total of 50,029 shares of Boeing Co which is valued at $6.6 Million. Boeing Co makes up approx 1.35% of Mazama Capital Management Inc’s portfolio.Azimuth Capital Management reduced its stake in BA by selling 13,010 shares or 14.29% in the most recent quarter. The Hedge Fund company now holds 78,002 shares of BA which is valued at $10.3 Million. Boeing Co makes up approx 0.99% of Azimuth Capital Management’s portfolio.Mogy Joel R Investment Counsel Inc boosted its stake in BA in the latest quarter, The investment management firm added 4,478 additional shares and now holds a total of 17,960 shares of Boeing Co which is valued at $2.4 Million. Boeing Co makes up approx 0.45% of Mogy Joel R Investment Counsel Inc’s portfolio.Jensen Investment Management Inc boosted its stake in BA in the latest quarter, The investment management firm added 640 additional shares and now holds a total of 3,350 shares of Boeing Co which is valued at $446,421. Boeing Co makes up approx 0.01% of Jensen Investment Management Inc’s portfolio. Capital Management Associates Ny added BA to its portfolio by purchasing 2,300 company shares during the most recent quarter which is valued at $306,498. Boeing Co makes up approx 0.54% of Capital Management Associates Ny’s portfolio.
Boeing Co closed down -0.69 points or -0.54% at $127.39 with 32,97,732 shares getting traded on Friday. Post opening the session at $129.13, the shares hit an intraday low of $127.2117 and an intraday high of $129.25 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Boeing Co reported $1.74 EPS for the quarter, missing the analyst consensus estimate by $ -0.10 based on the information available during the earnings call on Apr 27, 2016. Analyst had a consensus of $1.84. The company had revenue of $22632.00 million for the quarter, compared to analysts expectations of $21497.36 million. The company’s revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.97 EPS.
Many Wall Street Analysts have commented on Boeing Co. Company shares were Reiterated by RBC Capital Mkts on Apr 28, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 132 from a previous price target of $128 .Company shares were Reiterated by Canaccord Genuity on Apr 28, 2016 to “Hold”, Firm has raised the Price Target to $ 140 from a previous price target of $135 .Boeing Co was Downgraded by BofA/Merrill to ” Underperform” on Apr 20, 2016.
The Boeing Company together with its subsidiaries is an aerospace company. The Company operates through five segments: Commercial Airplanes Boeing Military Aircraft (BMA) Network & Space Systems (N&SS) Global Services & Support (GS&S) and Boeing Capital (BCC). The Defense Space & Security (BDS) business includes BMA N&SS and GS&S. The Commercial Airplanes segment develops produces and markets commercial jet aircraft and provides related support services. The BMA segment is engaged in the research development production and modification of manned and unmanned military aircraft and weapons systems for global strike. The N&SS segment is engaged in the research development production and modification of the products and related services. The GS&S segment provides a range of support solutions. The BCC segment’s portfolio consists of equipment under operating leases finance leases notes and other receivables assets held for sale or re-lease and investments.