BlackRock Inc. Acquires 264410 Shares of Boeing Co (NYSE:BA)

BlackRock Inc. grew its holdings in Boeing Co (NYSE:BA) by 0.8% in the 2nd quarter, according to its most recent disclosure with the Securities and …

Boeing logoBlackRock Inc. grew its holdings in Boeing Co (NYSE:BA) by 0.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,081,637 shares of the aircraft producer’s stock after acquiring an additional 264,410 shares during the quarter. BlackRock Inc. owned 6.06% of Boeing worth $12,406,056,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Claraphi Advisory Network LLC grew its stake in Boeing by 3.6% in the second quarter. Claraphi Advisory Network LLC now owns 2,943 shares of the aircraft producer’s stock valued at $1,071,000 after purchasing an additional 103 shares in the last quarter. Dupont Capital Management Corp grew its stake in Boeing by 0.3% in the second quarter. Dupont Capital Management Corp now owns 45,420 shares of the aircraft producer’s stock valued at $16,533,000 after purchasing an additional 125 shares in the last quarter. Corrado Advisors LLC grew its stake in Boeing by 4.1% in the second quarter. Corrado Advisors LLC now owns 7,901 shares of the aircraft producer’s stock valued at $2,876,000 after purchasing an additional 310 shares in the last quarter. Greenleaf Trust grew its stake in Boeing by 6.3% in the second quarter. Greenleaf Trust now owns 5,782 shares of the aircraft producer’s stock valued at $2,105,000 after purchasing an additional 342 shares in the last quarter. Finally, NEXT Financial Group Inc lifted its position in shares of Boeing by 167.1% in the second quarter. NEXT Financial Group Inc now owns 4,909 shares of the aircraft producer’s stock valued at $1,787,000 after buying an additional 3,071 shares during the last quarter. Institutional investors own 67.98% of the company’s stock.

BA has been the subject of a number of recent analyst reports. Canaccord Genuity set a $380.00 price objective on Boeing and gave the company a “hold” rating in a research report on Friday, July 19th. JPMorgan Chase & Co. cut their price objective on Boeing from $430.00 to $425.00 and set an “overweight” rating for the company in a research report on Thursday, July 25th. Cowen set a $460.00 price objective on Boeing and gave the company a “buy” rating in a research report on Tuesday. Bank of America set a $420.00 price objective on Boeing and gave the company a “hold” rating in a research report on Thursday, June 27th. Finally, Jefferies Financial Group cut their price objective on Boeing from $448.00 to $420.00 and set a “buy” rating for the company in a research report on Friday, July 19th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and fourteen have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $402.65.

NYSE:BA opened at $375.63 on Friday. The stock has a market cap of $207.92 billion, a P/E ratio of 23.46, a PEG ratio of 10.93 and a beta of 1.25. The stock has a 50 day simple moving average of $347.54 and a 200 day simple moving average of $366.44. The company has a current ratio of 1.03, a quick ratio of 0.29 and a debt-to-equity ratio of 48.98. Boeing Co has a 1-year low of $292.47 and a 1-year high of $446.01.

Boeing (NYSE:BA) last released its quarterly earnings results on Wednesday, July 24th. The aircraft producer reported $2.92 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.85 by $1.07. The business had revenue of $15.75 billion during the quarter, compared to analysts’ expectations 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 for the quarter was down 35.1% compared to the same quarter last year. During the same period last year, the firm posted $3.33 EPS. As a group, sell-side analysts forecast that Boeing Co will post 4.09 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Friday, August 9th were issued a dividend of $2.055 per share. The ex-dividend date of this dividend was Thursday, August 8th. This represents a $8.22 annualized dividend and a yield of 2.19%. Boeing’s payout ratio is currently 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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Aristeia Capital Holding in Herbalife Nutrition LTD (HLF) Has Boosted as Stock Price Declined; As …

… 1Q Net $82.1M; 15/05/2018 – Two Sigma Investments Buys New 1.2% Position in Herbalife; 24/04/2018 – Herbalife Ltd. Announces Strategic Name …

The Boeing Company (NYSE:BA) Logo

Aristeia Capital Llc increased its stake in Herbalife Nutrition Ltd (HLF) by 25% based on its latest 2019Q1 regulatory filing with the SEC. Aristeia Capital Llc bought 6,589 shares as the company’s stock declined 23.61% . The hedge fund held 32,948 shares of the other pharmaceuticals company at the end of 2019Q1, valued at $1.75M, up from 26,359 at the end of the previous reported quarter. Aristeia Capital Llc who had been investing in Herbalife Nutrition Ltd for a number of months, seems to be bullish on the $4.98B market cap company. The stock increased 2.35% or $0.92 during the last trading session, reaching $40.14. About 1.44 million shares traded. Herbalife Nutrition Ltd. (NYSE:HLF) has declined 21.05% since September 11, 2018 and is downtrending. It has underperformed by 21.05% the S&P500. Some Historical HLF News: 25/05/2018 – Icahn Enterprises: Believe Herbalife’s Business Stable, Short-Sellers Have Largely Exited; 26/03/2018 – Left has been a frequent critic of Shopify, telling clients in October that the company was “dirtier than Herbalife.”; 18/04/2018 – Herbalife Announces Self-Tender Offer Seeking to Purchase Up to $600 M of Its Common Shrs; 24/04/2018 – Herbalife prepared secret report to get into Ackman’s thinking- book; 24/04/2018 – Herbalife: Ticker Symbol Will Remain HLF; 25/04/2018 – Herbalife: Graziano Is a Portfolio Manager of Icahn Capital; 17/05/2018 – Herbalife Favored by 6 Hedge Funds, 13Fs Show; 03/05/2018 – Herbalife Nutrition 1Q Net $82.1M; 15/05/2018 – Two Sigma Investments Buys New 1.2% Position in Herbalife; 24/04/2018 – Herbalife Ltd. Announces Strategic Name Change to Herbalife Nutrition Ltd., Reflecting its Leadership as a Premier Global

Lawson Kroeker Investment Management Inc decreased its stake in Boeing Co (BA) by 2.2% based on its latest 2019Q1 regulatory filing with the SEC. Lawson Kroeker Investment Management Inc sold 840 shares as the company’s stock declined 9.45% . The institutional investor held 37,335 shares of the aerospace company at the end of 2019Q1, valued at $14.24M, down from 38,175 at the end of the previous reported quarter. Lawson Kroeker Investment Management Inc who had been investing in Boeing Co for a number of months, seems to be less bullish one the $208.54 billion market cap company. The stock increased 2.99% or $10.71 during the last trading session, reaching $369.49. About 4.41 million shares traded. The Boeing Company (NYSE:BA) has declined 2.81% since September 11, 2018 and is downtrending. It has underperformed by 2.81% the S&P500. Some Historical BA News: 06/04/2018 – American: Boeing 787-8s Will Replace 767-300s, Later 787-9 Deliveries Will Replace Airbus A330-300s and Older 777-200s; 05/05/2018 – Boeing Eyes Air Supremacy — Barron’s; 02/04/2018 – MFS Core Equity Fund Adds Boeing, Exits L3 Technologies; 24/05/2018 – The new Boeing 777 airliner will be able to retract part of its wings – a first for a commercial plane; 06/03/2018 – JET AIRWAYS TO INDUCT 81 BOEING 737-MAX PLANES BY 2024: SINHA; 24/05/2018 – New Boeing 777 will have folding wings; 18/05/2018 – Boeing’s Sci-Fi Foldable Wing Design for New 777s Gets Go Ahead; 04/04/2018 – BOEING – GOL LINHAS AEREAS S.A. WILL TAKE DELIVERY OF ITS FIRST NEW 737 MAX 8 STARTING THIS YEAR; 08/05/2018 – BRAZIL DEFENSE MINISTER SAYS DEAL SHOULD BE REACHED FOR EMBRAER-BOEING TIE-UP “THIS YEAR”; 09/05/2018 – Flight delay Boeing and Airbus aircraft sales hit by US decision

Analysts await The Boeing Company (NYSE:BA) to report earnings on October, 23. They expect $2.33 EPS, down 34.92% or $1.25 from last year’s $3.58 per share. BA’s profit will be $1.32 billion for 39.64 P/E if the $2.33 EPS becomes a reality. After $2.92 actual EPS reported by The Boeing Company for the previous quarter, Wall Street now forecasts -20.21% negative EPS growth.

Investors sentiment decreased to 0.92 in Q1 2019. Its down 0.10, from 1.02 in 2018Q4. It is negative, as 76 investors sold BA shares while 601 reduced holdings. 166 funds opened positions while 459 raised stakes. 339.40 million shares or 12.27% less from 386.86 million shares in 2018Q4 were reported. Sunbelt Securities Incorporated invested in 0.38% or 2,000 shares. Baxter Bros has 42,553 shares. New Jersey Better Educational Savings Tru owns 1,400 shares. Dixon Hubard Feinour And Brown Va owns 2,045 shares. Country Trust Financial Bank reported 0.01% of its portfolio in The Boeing Company (NYSE:BA). Tiaa Cref Investment Management Ltd Liability holds 0.9% or 3.35M shares in its portfolio. Altfest L J Communications reported 8,152 shares. Folger Nolan Fleming Douglas Capital Mngmt reported 9,898 shares. Shamrock Asset Mgmt Ltd Liability Corporation reported 0.03% stake. Financial Advisory Gru owns 3,972 shares. Mufg Americas Corporation owns 36,483 shares or 0.4% of their US portfolio. Steinberg Global Asset Mngmt invested in 7,604 shares. American Asset Mngmt accumulated 2,117 shares. Nikko Asset Management Americas reported 1,075 shares. Ipswich Invest Management Communication invested in 635 shares or 0.08% of the stock.

Lawson Kroeker Investment Management Inc, which manages about $485.42 million and $280.02M US Long portfolio, upped its stake in Centurylink Inc (NYSE:CTL) by 84,995 shares to 530,428 shares, valued at $6.36M in 2019Q1, according to the filing.

More notable recent The Boeing Company (NYSE:BA) news were published by: Finance.Yahoo.com which released: “Hedge Funds Have Never Been This Bullish On The Boeing Company (BA) – Yahoo Finance” on June 06, 2019, also Seekingalpha.com with their article: “Fresh 737 Max simulator training? – Seeking Alpha” published on August 15, 2019, Seekingalpha.com published: “New Blow For Boeing – Seeking Alpha” on September 11, 2019. More interesting news about The Boeing Company (NYSE:BA) were released by: Seekingalpha.com and their article: “The Price Boeing Is Paying – Seeking Alpha” published on August 28, 2019 as well as Seekingalpha.com‘s news article titled: “Qatar places $500M order with Boeing – Seeking Alpha” with publication date: August 29, 2019.

Aristeia Capital Llc, which manages about $6.79B and $1.83 billion US Long portfolio, decreased its stake in Ishares Tr (Put) (HYG) by 500,000 shares to 500,000 shares, valued at $43.24M in 2019Q1, according to the filing. It also reduced its holding in Iac Interactivecorp (NASDAQ:IACI) by 514,400 shares in the quarter, leaving it with 379,827 shares, and cut its stake in Altaba Inc.

The Boeing Company (NYSE:BA) Institutional Positions Chart

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Echodyne scores $20 mln

… has secured $20 million in financing. The investors included Bill Gates, Madrona Ventures, NEA, Vulcan Capital, Lux Capital and Vanedge Capital.

Echodyne, a maker of high-performance radars for government and commercial markets, has secured $20 million in financing. The investors included Bill Gates, Madrona Ventures, NEA, Vulcan Capital, Lux Capital and Vanedge Capital.

Source: Press Release

US Army conducted unique experiment involving armed drone and artificial intelligence

The U.S. Army researchers made a historic first with its experiment over the Mojave Desert involving an unmanned aircraft, smart sensors and artificial …

The U.S. Army researchers made a historic first with its experiment over the Mojave Desert involving an unmanned aircraft, smart sensors and artificial intelligence.

The Army successfully tested its ability to redirect munitions from the unmanned aircraft system (UAS) in flight on Aug. 28, according to the Army News Service.

The experiment, that was conducted at Naval Air Weapons Station China Lake, California, tested a capability developed by his CFT called A3I, standing for Architecture, Automation, Autonomy and Interfaces.

According to the Army News Service, in the unique experiment, an operator in the back of an MH-47 Chinook helicopter used an iPad to control an MQ-1C Grey Eagle UAS over China Lake. He fired a GBU-69 small glide munition from the Grey Eagle and it was the first time that type of UAS fired that kind of missile.

The A3I system of interconnected sensors was developed over a nine-month period by the Future Vertical Lift CFT in conjunction with the U.S. Army Special Operations Command with input from academia and industry.

The experiment has demonstrated “leap-ahead” technology in lethality and reach, Rugen said.

“We really worked hard on our unmanned systems, our architecture, our automation and our interfaces up at China Lake against a real threat,” he said.

The overall experiment was designed to penetrate an urban environment pairing manned and unmanned aircraft, smart munitions, sensors and automated processing capabilities.

The experiment was able to demonstrate a “very dynamic and agile tasking of effects,” Rugen said. “It culminated with a very open-system architecture on the Grey Eagle that was demonstrated very effectively.”

Rugen said it is part of how the CFT is working to “weld the air-ground team tighter and tighter into a pretty solid punch for any potential enemy.”

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As United Contl Hldgs INC (UAL) Stock Rose, Lodge Hill Capital LLC Increased Holding by $20.22 …

Investors sentiment decreased to 0.99 in Q1 2019. Its down 0.36, from 1.35 in 2018Q4. It dropped, as 48 investors sold UAL shares while 169 reduced …

United Airlines Holdings, Inc. (NASDAQ:UAL) LogoInvestors sentiment decreased to 0.99 in Q1 2019. Its down 0.36, from 1.35 in 2018Q4. It dropped, as 48 investors sold UAL shares while 169 reduced holdings. 71 funds opened positions while 143 raised stakes. 248.10 million shares or 4.81% less from 260.63 million shares in 2018Q4 were reported. Panagora Asset Inc holds 0.02% or 54,211 shares in its portfolio. Fmr Limited holds 2.23 million shares or 0.02% of its portfolio. Moreover, Cambridge Advsrs Incorporated has 0.01% invested in United Airlines Holdings, Inc. (NASDAQ:UAL) for 8,286 shares. 31,549 are owned by James Investment Rech. 1,053 are held by Cls Limited Liability Company. Globeflex Capital Limited Partnership, a California-based fund reported 4,878 shares. 4,940 are owned by Blair William & Communications Il. Moreover, Fil has 0% invested in United Airlines Holdings, Inc. (NASDAQ:UAL). Oregon Public Employees Retirement Fund holds 0.11% of its portfolio in United Airlines Holdings, Inc. (NASDAQ:UAL) for 94,244 shares. Neuberger Berman Grp Incorporated Ltd Co has 332,085 shares for 0.03% of their portfolio. 20.92 million are owned by Vanguard Group. 2,604 are owned by Mariner Limited Liability. New York-based Mutual Of America Capital Mngmt has invested 0.03% in United Airlines Holdings, Inc. (NASDAQ:UAL). Tiverton Asset Ltd Liability Corporation holds 7,200 shares or 0.02% of its portfolio. Acadian Asset Lc reported 0% of its portfolio in United Airlines Holdings, Inc. (NASDAQ:UAL).

Lodge Hill Capital Llc increased its stake in United Contl Hldgs Inc (UAL) by 109.86% based on its latest 2019Q1 regulatory filing with the SEC. Lodge Hill Capital Llc bought 84,940 shares as the company’s stock rose 4.51% . The hedge fund held 162,255 shares of the transportation company at the end of 2019Q1, valued at $38.73 million, up from 77,315 at the end of the previous reported quarter. Lodge Hill Capital Llc who had been investing in United Contl Hldgs Inc for a number of months, seems to be bullish on the $21.82 billion market cap company. The stock decreased 0.46% or $0.4 during the last trading session, reaching $86.93. About 433,283 shares traded. United Airlines Holdings, Inc. (NYSE:UAL) has risen 14.79% since September 10, 2018 and is uptrending. It has outperformed by 14.79% the S&P500.

Lodge Hill Capital Llc, which manages about $208.28M and $365.88M US Long portfolio, decreased its stake in Owens Corning New (NYSE:OC) by 179,875 shares to 290,125 shares, valued at $13.67 million in 2019Q1, according to the filing. It also reduced its holding in Deere & Co (NYSE:DE) by 94,160 shares in the quarter, leaving it with 60,833 shares, and cut its stake in Topbuild Corp.

More notable recent United Airlines Holdings, Inc. (NASDAQ:UAL) news were published by: Bizjournals.com which released: “United Airlines taking cue from top revenue generator British Airways – Chicago Business Journal” on August 13, 2019, also Nasdaq.com with their article: “Surprising Analyst 12-Month Target For OVLU – Nasdaq” published on August 23, 2019, Nasdaq.com published: “ETFs & Stocks to Fly on Busy Labor Day Air Travel – Nasdaq” on August 28, 2019. More interesting news about United Airlines Holdings, Inc. (NASDAQ:UAL) were released by: Nasdaq.com and their article: “Why Earnings Season Could Be Great for United Continental (UAL) – Nasdaq” published on April 15, 2019 as well as Fool.com‘s news article titled: “United Airlines Is Betting on International Growth – The Motley Fool” with publication date: August 27, 2019.

United Airlines Holdings, Inc. (NASDAQ:UAL) Ratings Coverage

Among 4 analysts covering United Continental Holdings (NYSE:UAL), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. United Continental Holdings has $120 highest and $78 lowest target. $97’s average target is 11.58% above currents $86.93 stock price. United Continental Holdings had 12 analyst reports since March 12, 2019 according to SRatingsIntel. The firm has “Sell” rating by Imperial Capital given on Friday, March 15. Buckingham Research maintained United Airlines Holdings, Inc. (NASDAQ:UAL) on Wednesday, April 17 with “Buy” rating. The firm has “Buy” rating given on Tuesday, March 12 by Stifel Nicolaus.

United Airlines Holdings, Inc. (NASDAQ:UAL) Institutional Positions Chart

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