Boeing Company (The) (BA) Stake Held by Menora Mivtachim Holdings LTD.

Menora Mivtachim Holdings LTD. held its position in shares of Boeing Company (The) (NYSE:BA) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 169,820 shares of the aircraft producer’s stock at the end of the second quarter. Boeing Company (The) accounts for approximately 1.6% of Menora Mivtachim Holdings LTD.’s holdings, making the stock its 25th biggest position. Menora Mivtachim Holdings LTD.’s holdings in Boeing Company (The) were worth $33,582,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Harbour Capital Advisors LLC increased its holdings in shares of Boeing Company (The) by 18,613.5% during the second quarter. Harbour Capital Advisors LLC now owns 1,342,129 shares of the aircraft producer’s stock worth $6,787,000 after buying an additional 1,334,957 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Boeing Company (The) by 66.5% during the first quarter. AQR Capital Management LLC now owns 2,627,684 shares of the aircraft producer’s stock worth $464,732,000 after buying an additional 1,049,546 shares in the last quarter. Swiss National Bank increased its holdings in shares of Boeing Company (The) by 25.2% during the first quarter. Swiss National Bank now owns 2,077,391 shares of the aircraft producer’s stock worth $367,407,000 after buying an additional 418,500 shares in the last quarter. Bank of Nova Scotia increased its holdings in shares of Boeing Company (The) by 181.0% during the first quarter. Bank of Nova Scotia now owns 609,760 shares of the aircraft producer’s stock worth $107,843,000 after buying an additional 392,786 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. increased its holdings in shares of Boeing Company (The) by 11.7% during the first quarter. Schwab Charles Investment Management Inc. now owns 2,943,099 shares of the aircraft producer’s stock worth $520,517,000 after buying an additional 308,976 shares in the last quarter. 72.17% of the stock is owned by hedge funds and other institutional investors.

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BA has been the subject of several recent analyst reports. Canaccord Genuity reaffirmed a “hold” rating and set a $215.00 price objective (up previously from $200.00) on shares of Boeing Company (The) in a report on Sunday, July 30th. Argus reaffirmed a “buy” rating and set a $270.00 price objective on shares of Boeing Company (The) in a report on Tuesday, August 1st. Buckingham Research raised shares of Boeing Company (The) from an “underperform” rating to a “neutral” rating in a report on Friday, July 28th. Vetr raised shares of Boeing Company (The) from a “hold” rating to a “buy” rating and set a $253.33 price objective for the company in a report on Monday, August 7th. Finally, Wells Fargo & Company reaffirmed a “market perform” rating on shares of Boeing Company (The) in a report on Monday, July 10th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have issued a buy rating to the company’s stock. Boeing Company (The) has an average rating of “Hold” and an average price target of $241.21.

Boeing Company (NYSE:BA) opened at 258.58 on Friday. Boeing Company has a 12 month low of $131.39 and a 12 month high of $259.30. The company has a market capitalization of $152.84 billion, a PE ratio of 22.65 and a beta of 1.21. The stock’s 50 day moving average is $246.17 and its 200-day moving average is $209.22.

Boeing Company (The) (NYSE:BA) last posted its quarterly earnings data on Wednesday, July 26th. The aircraft producer reported $2.55 EPS for the quarter, beating the Zacks’ consensus estimate of $2.32 by $0.23. Boeing Company (The) had a net margin of 7.84% and a return on equity of 2,185.10%. The company had revenue of $22.74 billion for the quarter, compared to analyst estimates of $22.97 billion. During the same period in the prior year, the firm posted ($0.44) EPS. The company’s quarterly revenue was down 8.1% on a year-over-year basis. On average, analysts expect that Boeing Company will post $10.01 EPS for the current year.

In related news, SVP Thomas J. Downey sold 134 shares of the stock in a transaction on Monday, August 7th. The shares were sold at an average price of $241.20, for a total transaction of $32,320.80. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Chairman Dennis A. Muilenburg sold 56,838 shares of the stock in a transaction on Monday, July 31st. The stock was sold at an average price of $243.46, for a total transaction of $13,837,779.48. Following the transaction, the chairman now directly owns 127,778 shares in the company, valued at $31,108,831.88. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 83,468 shares of company stock worth $20,353,814. Insiders own 0.28% of the company’s stock.

About Boeing Company (The)

The Boeing Company is an aerospace company. The Company’s segments include Commercial Airplanes; Defense, Space & Security (BDS), such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, to the commercial airline industry.

Institutional Ownership by Quarter for Boeing Company (The) (NYSE:BA)

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