Boeing Co (BA) : Coldstream Capital Management Inc scooped up 2,778 additional shares in Boeing Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 44,974 shares of Boeing Co which is valued at $5,981,542.Boeing Co makes up approximately 1.01% of Coldstream Capital Management Inc’s portfolio.
Other Hedge Funds, Including , Private Advisor Group boosted its stake in BA in the latest quarter, The investment management firm added 9,040 additional shares and now holds a total of 41,255 shares of Boeing Co which is valued at $5,453,498. Boeing Co makes up approx 0.22% of Private Advisor Group’s portfolio.Haverford Trust Co boosted its stake in BA in the latest quarter, The investment management firm added 3 additional shares and now holds a total of 6,368 shares of Boeing Co which is valued at $838,857. Boeing Co makes up approx 0.02% of Haverford Trust Co’s portfolio.Zurcher Kantonalbank (zurich Cantonalbank) reduced its stake in BA by selling 17,276 shares or 21.66% in the most recent quarter. The Hedge Fund company now holds 62,469 shares of BA which is valued at $8,237,787. Boeing Co makes up approx 0.11% of Zurcher Kantonalbank (zurich Cantonalbank)’s portfolio.First Dallas Securities reduced its stake in BA by selling 5,400 shares or 20.43% in the most recent quarter. The Hedge Fund company now holds 21,031 shares of BA which is valued at $2,859,375. Boeing Co makes up approx 2.12% of First Dallas Securities’s portfolio. Westwood Management Corp Il sold out all of its stake in BA during the most recent quarter. The investment firm sold 227,184 shares of BA which is valued $30,322,248.
Boeing Co closed down -0.28 points or -0.21% at $134.72 with 28,54,630 shares getting traded on Wednesday. Post opening the session at $134.85, the shares hit an intraday low of $134.111 and an intraday high of $134.99 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
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.