Barbara Oil buys $2,992,500 stake in Boeing Co (BA)

Boeing Co (BA) : Barbara Oil scooped up 2,500 additional shares in Boeing Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 22,500 shares of Boeing Co which is valued at $2,992,500.Boeing Co makes up approximately 2.34% of Barbara Oil’s portfolio.

Other Hedge Funds, Including , Wealth Architects reduced its stake in BA by selling 2 shares or 0.11% in the most recent quarter. The Hedge Fund company now holds 1,804 shares of BA which is valued at $239,932. Boeing Co makes up approx 0.11% of Wealth Architects’s portfolio.Janney Capital Management boosted its stake in BA in the latest quarter, The investment management firm added 35 additional shares and now holds a total of 4,513 shares of Boeing Co which is valued at $594,497. Boeing Co makes up approx 0.03% of Janney Capital Management’s portfolio.Wright Investors Service Inc boosted its stake in BA in the latest quarter, The investment management firm added 3,470 additional shares and now holds a total of 23,190 shares of Boeing Co which is valued at $3,058,065. Boeing Co makes up approx 1.22% of Wright Investors Service Inc’s portfolio. Kalos Management sold out all of its stake in BA during the most recent quarter. The investment firm sold 2,758 shares of BA which is valued $363,697.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *