Kwmg LLC acquires 160 Boeing Co shares: Kwmg LLC increased its holdings in Boeing Co (NYSE: BA) shares by 2.2% in the third quarter, according to its most recent filing. 13F before the SEC. The fund owned 7,329 shares of the aircraft maker's stock after acquiring an additional 160 shares during the period. Ownership of Kwmg LLC in Boeing was valued at $ 2,788,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes in their positions in the company. Vanguard Group Inc boosted its stake in Boeing by 0.7% in the second quarter. Vanguard Group Inc. now owns 40,214,155 shares of the aircraft producer’s stock worth $ 14,638,355,000, after purchasing an additional 275,250 shares during the period. Price T Rowe Associates Inc MD boosted its stake in Boeing by 7.9% in the second quarter. Price T Rowe Associates Inc. MD now owns 35,740,551 shares of the aircraft producer's stock worth $ 13,009,918,000, after purchasing an additional 2,607,364 shares during the period. BlackRock Inc boosted its stake in Boeing by 0.8% in the second quarter. BlackRock Inc. now owns 34,081,637 shares of the aircraft producer’s stock worth $ 12,406,056,000, after purchasing an additional 264,410 shares during the period. Newport Trust Co boosted its stake in Boeing by 1.0% in the second quarter. Newport Trust Co now owns 30,669,091 shares of the aircraft producer’s stock worth $ 11,163,856,000, after purchasing an additional 298,466 shares during the period. Finally, Thoroughbred Financial Services LLC raised its stake in Boeing by 36928.2% in the second quarter. Thoroughbred Financial Services LLC now owns 6,235,551 shares of the aircraft maker’s stock worth $ 623,555,000, after purchasing an additional 6,218,711 shares during the period. 67.91% of the stock is owned by institutional investors.
Kwmg LLC acquires 160 Boeing Co shares
NYSE: BA traded up $ 7.87 on Tuesday, hitting $ 338.93. 382,138 shares of the company were exchanged, compared to its average volume of 3,576,324. The company has a 50 day moving average price of $ 371.71 and a 200 day moving average price of $ 361.71. The company has a debt-to-equity ratio of 48.98, a current ratio of 1.03 and a quick ratio of 0.29. Boeing Co has a 52 week low of $ 292.47 and a 52 week high of $ 446.01. The company has a market capitalization of $ 193.57 billion, a P / E ratio of 21.05, a price-to-earnings-growth ratio of 12.08 and a beta of 1.25.
Boeing (NYSE: BA) last issued its quarterly earnings results on Wednesday, July 24. The aircraft maker reported $ 2.92 EPS for the quarter, beating the consensus estimate of $ 1.85 by $ 1.07. Boeing had a net margin of 5.42% and a negative return on equity of 632.24%. The firm had revenue of $ 15.75 billion for the quarter, compared to analysts ’expectations of $ 15.05 billion. During the same period last year, the company posted $ 3.33 EPS. The company's revenue for the quarter fell 35.1% from the previous year. On average, research analysts expect that Boeing Co will record 3.26 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 8th will be paid a dividend of $ 2,055 per share. This represents a $ 8.22 annualized dividend and a yield of 2.43%. Boeing's dividend payout index (DPR) is currently 51.34%.
A number of equities analysts recently took part in the stock. Bank of America lowered the target price of Boeing shares from $ 415.00 to $ 400.00 and set a “neutral” rating for the company in a research note on Friday. Berenberg Bank set a $ 440.00 target price on shares of Boeing, and gave the stock a “buy” rating in a research note on Friday, October 11th. UBS Group lowered Boeing shares from a “buy” rating to a “neutral” rating and lowered their target price on shares from $ 470.00 to $ 375.00 in a research note on Monday. Morgan Stanley set a $ 500.00 target price on Boeing shares and gave the stock a “buy” rating in a research note on Thursday, September 12th. Finally, Goldman Sachs Group reaffirmed a “neutral” rating and issued a $ 375.00 target price on shares of Boeing in a research note on Friday, July 12th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and 10 have issued a buy rating to the company. Boeing currently has an average rating of “Hold” and a consensus target price of $ 388.79.
about Boeing
The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services and supports commercial aircraft, military aircraft, satellites, missile defense, human spaceflight and launch systems, and services worldwide. . The company operates in four segments: commercial aircraft; Defense, space and security; Global services; and Boeing Capital.