Boeing Co (BA) : Isthmus Partners reduced its stake in Boeing Co by 0.47% during the most recent quarter end. The investment management company now holds a total of 43,098 shares of Boeing Co which is valued at $5,732,034 after selling 205 shares in Boeing Co , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Boeing Co makes up approximately 1.79% of Isthmus Partners’s portfolio.
Other Hedge Funds, Including , Moors Cabot boosted its stake in BA in the latest quarter, The investment management firm added 7,324 additional shares and now holds a total of 19,778 shares of Boeing Co which is valued at $2,630,474. Boeing Co makes up approx 0.45% of Moors Cabot’s portfolio.Stephens Inc Ar boosted its stake in BA in the latest quarter, The investment management firm added 6,674 additional shares and now holds a total of 32,652 shares of Boeing Co which is valued at $4,301,248. Boeing Co makes up approx 0.19% of Stephens Inc Ar’s portfolio.Private Capital Management Inc reduced its stake in BA by selling 450 shares or 7.35% in the most recent quarter. The Hedge Fund company now holds 5,675 shares of BA which is valued at $747,568. Boeing Co makes up approx 0.70% of Private Capital Management Inc’s portfolio.Cottage Street Advisors reduced its stake in BA by selling 100 shares or 0.69% in the most recent quarter. The Hedge Fund company now holds 14,300 shares of BA which is valued at $1,944,228. Boeing Co makes up approx 1.52% of Cottage Street Advisors’s portfolio.Cypress Asset Management Inctx reduced its stake in BA by selling 250 shares or 9.12% in the most recent quarter. The Hedge Fund company now holds 2,492 shares of BA which is valued at $335,722. Boeing Co makes up approx 0.07% of Cypress Asset Management Inctx’s portfolio.
Boeing Co opened for trading at $133.7 and hit $135 on the upside on Monday, eventually ending the session at $134.66, with a gain of 1.17% or 1.56 points. The heightened volatility saw the trading volume jump to 28,12,634 shares. Company has a market cap of $84,004 M.
On the company’s financial health, Boeing Co reported $-0.44 EPS for the quarter, missing the analyst consensus estimate by $ -2.68 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $2.24. The company had revenue of $24755.00 million for the quarter, compared to analysts expectations of $24174.22 million. The company’s revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.62 EPS.
Many Wall Street Analysts have commented on Boeing Co. Company shares were Reiterated by Canaccord Genuity on Jul 28, 2016 to “Hold”, Firm has raised the Price Target to $ 144 from a previous price target of $140 .Morgan Stanley Initiated Boeing Co on Jun 23, 2016 to “Overweight”, Price Target of the shares are set at $153.
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.