Boeing Co (NYSE:BA) – Equities research analysts at Jefferies Group decreased their Q2 2016 EPS estimates for Boeing in a research report issued on Thursday, Zacks Investment Research reports. Jefferies Group analyst H. Rubel now expects that the firm will earn $2.16 per share for the quarter, down from their prior estimate of $2.35. Jefferies Group currently has a “Buy” rating and a $185.00 target price on the stock. The consensus estimate for Boeing’s Q2 2016 earnings is $2.19 per share. Jefferies Group also issued estimates for Boeing’s Q4 2016 earnings at $2.36 EPS.

Boeing (NYSE:BA) last released its quarterly earnings data on Wednesday, January 27th. The aircraft producer reported $1.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.27 by $0.33. The company had revenue of $23.60 billion for the quarter, compared to analyst estimates of $23.40 billion. During the same period last year, the firm posted $2.31 EPS. The business’s quarterly revenue was down 3.7% on a year-over-year basis.

A number of other analysts have also recently weighed in on the company. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $196.00 price objective on shares of Boeing in a research report on Tuesday, December 15th. Vetr cut Boeing from a “buy” rating to a “hold” rating and set a $154.35 price objective for the company. in a research report on Monday, December 7th. Canaccord Genuity reaffirmed a “buy” rating and set a $165.00 price objective on shares of Boeing in a research report on Friday, January 1st. Zacks Investment Research cut Boeing from a “buy” rating to a “hold” rating in a research report on Tuesday, December 22nd. Finally, Wolfe Research reaffirmed a “buy” rating on shares of Boeing in a research report on Monday, December 21st. One research analyst has rated the stock with a sell rating, four have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $161.08.

Boeing (NYSE:BA) traded up 1.258% during trading on Friday, reaching $119.495. The company’s stock had a trading volume of 5,264,984 shares. Boeing has a 52 week low of $115.02 and a 52 week high of $158.83. The company has a 50 day moving average price of $135.72 and a 200-day moving average price of $139.66. The company has a market capitalization of $79.66 billion and a PE ratio of 16.061.

A number of hedge funds and institutional investors have recently modified their holdings of BA. Chicago Trust Company boosted its position in shares of Boeing by 0.4% in the fourth quarter. Chicago Trust Company now owns 6,152 shares of the aircraft producer’s stock worth $890,000 after buying an additional 25 shares during the last quarter. First Financial Bank boosted its position in shares of Boeing by 0.4% in the fourth quarter. First Financial Bank now owns 9,864 shares of the aircraft producer’s stock worth $1,426,000 after buying an additional 42 shares during the last quarter. Pennsylvania Trust Company boosted its position in shares of Boeing by 0.6% in the fourth quarter. Pennsylvania Trust Company now owns 7,576 shares of the aircraft producer’s stock worth $1,095,000 after buying an additional 48 shares during the last quarter. Brookstone Capital Management boosted its position in shares of Boeing by 2.1% in the fourth quarter. Brookstone Capital Management now owns 2,610 shares of the aircraft producer’s stock worth $377,000 after buying an additional 53 shares during the last quarter. Finally, Stillwater Investment Management boosted its position in shares of Boeing by 5.5% in the fourth quarter. Stillwater Investment Management now owns 1,916 shares of the aircraft producer’s stock worth $277,000 after buying an additional 100 shares during the last quarter.

In related news, SVP Anthony M. Parasida sold 11,690 shares of Boeing stock in a transaction on Tuesday, November 3rd. The stock was sold at an average price of $147.68, for a total value of $1,726,379.20. Following the transaction, the senior vice president now owns 45,513 shares in the company, valued at $6,721,359.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 4th. Investors of record on Friday, February 12th will be issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date of this dividend is Wednesday, February 10th. This is an increase from Boeing’s previous quarterly dividend of $0.49.

The Boeing Company, together with its subsidiaries, is an aerospace company. The Company operates through five segments: Commercial Airplanes, Boeing Military Aircraft (NYSE:BA), 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.

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