Rampart Investment Management Company LLC Has $4.29 Million Stock Holdings in Boeing Co (NYSE:BA)

Rampart Investment Management Company LLC lessened its position in Boeing Co (NYSE:BA) by 10.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,776 shares of the aircraft producer’s stock after selling 1,312 shares during the quarter. Rampart Investment Management Company LLC’s holdings in Boeing were worth $4,287,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Claraphi Advisory Network LLC increased its position in shares of Boeing by 3.6% during the 2nd quarter. Claraphi Advisory Network LLC now owns 2,943 shares of the aircraft producer’s stock worth $1,071,000 after purchasing an additional 103 shares during the last quarter. Dupont Capital Management Corp increased its position in shares of Boeing by 0.3% during the 2nd quarter. Dupont Capital Management Corp now owns 45,420 shares of the aircraft producer’s stock worth $16,533,000 after purchasing an additional 125 shares during the last quarter. Corrado Advisors LLC increased its position in shares of Boeing by 4.1% during the 2nd quarter. Corrado Advisors LLC now owns 7,901 shares of the aircraft producer’s stock worth $2,876,000 after purchasing an additional 310 shares during the last quarter. Greenleaf Trust increased its position in shares of Boeing by 6.3% during the 2nd quarter. Greenleaf Trust now owns 5,782 shares of the aircraft producer’s stock worth $2,105,000 after purchasing an additional 342 shares during the last quarter. Finally, NEXT Financial Group Inc increased its position in shares of Boeing by 167.1% during the 2nd quarter. NEXT Financial Group Inc now owns 4,909 shares of the aircraft producer’s stock worth $1,787,000 after purchasing an additional 3,071 shares during the last quarter. 67.85% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts have weighed in on the company. UBS Group set a $470.00 price target on Boeing and gave the stock a “buy” rating in a research report on Monday, September 9th. Zacks Investment Research raised Boeing from a “strong sell” rating to a “hold” rating and set a $301.00 price target on the stock in a research report on Monday, June 10th. Berenberg Bank reaffirmed a “buy” rating and set a $400.00 price target on shares of Boeing in a research report on Tuesday, August 6th. Bank of America set a $420.00 price target on Boeing and gave the stock a “hold” rating in a research report on Thursday, June 27th. Finally, Citigroup set a $430.00 price target on Boeing and gave the stock a “buy” rating in a research report on Monday, July 15th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and fourteen have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $402.65.



Shares of BA stock traded up $1.69 during trading on Monday, reaching $381.45. 152,432 shares of the company’s stock were exchanged, compared to its average volume of 4,170,068. The company has a quick ratio of 0.29, a current ratio of 1.03 and a debt-to-equity ratio of 48.98. The stock has a market capitalization of $211.37 billion, a PE ratio of 23.83, a PEG ratio of 11.12 and a beta of 1.25. Boeing Co has a twelve month low of $292.47 and a twelve month high of $446.01. The firm’s fifty day moving average price is $347.89 and its 200-day moving average price is $366.22.

Boeing (NYSE:BA) last posted its earnings results on Wednesday, July 24th. The aircraft producer reported $2.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.85 by $1.07. The business had revenue of $15.75 billion for the quarter, compared to analyst estimates of $15.05 billion. Boeing had a negative return on equity of 632.24% and a net margin of 5.42%. The firm’s revenue was down 35.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.33 EPS. As a group, analysts anticipate that Boeing Co will post 4.09 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Friday, August 9th were paid a $2.055 dividend. The ex-dividend date of this dividend was Thursday, August 8th. This represents a $8.22 annualized dividend and a yield of 2.15%. Boeing’s dividend payout ratio (DPR) is presently 51.34%.

About Boeing

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates in four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital.

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Institutional Ownership by Quarter for Boeing (NYSE:BA)

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