Bank of The West increased its stake in shares of Boeing Co (NYSE:BA) by 3.7% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,330 shares of the aircraft producer’s stock after buying an additional 83 shares during the period. Bank of The West’s holdings in Boeing were worth $337,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. River & Mercantile Asset Management purchased a new position in shares of Boeing during the fourth quarter valued at approximately $130,000. Kistler-Tiffany Companies raised its position in shares of Boeing by 15.5% in the fourth quarter. Kistler-Tiffany Companies now owns 1,554 shares of the aircraft producer’s stock valued at $225,000 after buying an additional 208 shares in the last quarter. Capital Planning Advisors LLC raised its position in shares of Boeing by 3.4% in the fourth quarter. Capital Planning Advisors LLC now owns 1,763 shares of the aircraft producer’s stock valued at $255,000 after buying an additional 58 shares in the last quarter. Exchange Capital Management purchased a new position in shares of Boeing during the fourth quarter valued at approximately $263,000. Finally, Stillwater Investment Management raised 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 valued at $277,000 after buying an additional 100 shares in the last quarter.

Boeing Co (NYSE:BA) opened at 116.58 on Thursday. The company has a 50-day moving average price of $136.52 and a 200-day moving average price of $139.81. Boeing Co has a 12-month low of $115.02 and a 12-month high of $158.83. The stock has a market capitalization of $78.11 billion and a PE ratio of 14.67.

Boeing (NYSE:BA) last released its quarterly earnings results on Wednesday, January 27th. The aircraft producer reported $1.60 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.33. The business earned $23.60 billion during the quarter, compared to analysts’ expectations of $23.40 billion. During the same quarter last year, the business posted $2.31 earnings per share. The company’s quarterly revenue was down 3.7% compared to the same quarter last year. Analysts expect that Boeing Co will post $7.40 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 4th. Shareholders of record on Friday, February 12th will be paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date is Wednesday, February 10th. This is a boost from Boeing’s previous quarterly dividend of $0.49.

Several brokerages have commented on BA. Standpoint Research lowered Boeing from a “buy” rating to a “hold” rating in a research report on Monday, November 2nd. Canaccord Genuity reaffirmed a “buy” rating and issued a $165.00 price target on shares of Boeing in a research report on Wednesday. Citigroup Inc. reaffirmed a “buy” rating on shares of Boeing in a research report on Friday, January 22nd. Zacks Investment Research raised Boeing from a “hold” rating to a “buy” rating and set a $140.00 price target for the company in a research report on Monday. Finally, Vetr raised Boeing from a “hold” rating to a “buy” rating and set a $149.60 price target for the company in a research report on Friday, November 13th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $166.81.

In other Boeing news, SVP Anthony M. Parasida sold 11,690 shares of the stock in a transaction dated 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 completion of the sale, the senior vice president now directly owns 45,513 shares in the company, valued at $6,721,359.84. The transaction was disclosed in a document filed with the SEC, which is available at this link.

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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