The Boeing Company (NYSE:BA)
- Author: Zachary Reyes Feb 14, 2017,
Feb 14, 2017, 23:08
One quarter earlier, revenue for the stock was at $1.38 billion, with earnings at $0.44/share. MILES MICHAEL now owns 105,538 shares in the company after this transaction. The High end of the forecast is $0.42/share, while the Low end is $0.33/share. Over the last quarter, insiders have sold 70,353 shares of company stock valued at $12,419,501. Concert Wealth Management Inc. now owns 51,424 shares of the aircraft producer's stock worth $6,665,000 after buying an additional 4,181 shares during the period. BB&T Corp boosted its position in shares of 3M Company by 39.6% in the second quarter. Hedge funds and other institutional investors own 65.80% of the company's stock. Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market.
3M Company (NYSE:MMM) opened at 181.02 on Tuesday. The firm has a 50-day moving average price of $24.59 and a 200-day moving average price of $23.32. The company rocked its 52-Week High of $170 on Jan 26, 2017 and touched its 52-Week Low of $109 on Feb 16, 2016.
The Western Union Company (NYSE:WU) reported the earnings of $-0.73/Share in the last quarter where the estimated EPS by analysts was $0.43/share. Western Union Company (The) (NYSE:WU) has underperformed the index by 12.56% in the last 4 weeks. Boeing Company (The) had a return on equity of 239.48% and a net margin of 5.18%. The analyst projections are $0.39 in EPS on $1.3 billion in revenues. The difference between the expected and actual EPS was $-1.16/share, which represents an Earnings surprise of -269.8%.
West Corporation (NASDAQ:WSTC) declared a quarterly dividend on Thursday, February 2nd. Stockholders of record on Friday, February 17th will be issued a dividend of $1.175 per share. This is a positive change from Western Union Company (The)'s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Wednesday, February 8th. Western Union Company (The)'s dividend payout ratio (DPR) is 128.00%.
This article was posted by Community Financial News and is owned by of Community Financial News. If you are reading this article on another website, it was illegally stolen and reposted in violation of United States and global copyright law. The legal version of this news story can be accessed at https://www.thecerbatgem.com/2017/02/14/fmr-llc-has-881432000-position-in-western-union-company-the-wu.html. Leading up to this report, we have seen a -11.71% fall in the stock price over the last 30 days and a -1.32% decline over the past 3 months. Buckingham Research lowered shares of Boeing Company (The) from a "neutral" rating to an "underperform" rating and set a $140.00 price objective for the company.in a report on Monday. Ratings and estimates change daily and thus the numbers may differ slightly if a new report has been issued within the last 24-hours. Canaccord Genuity reissued a "hold" rating and issued a $162.00 target price (up from $150.00) on shares of Boeing Company (The) in a report on Sunday, January 29th.
The company reported its EPS on 01/25/2017. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company.
The Boeing Company (NYSE:BA) belonging to the Aerospace sector has surged 1.08% and closed its last trading session at $168.03. The stock was sold at an average price of $173.02, for a total transaction of $1,803,560.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Finally, Zacks Investment Research upgraded shares of 3M Company from a "sell" rating to a "hold" rating in a report on Tuesday, November 29th. The shares have accelerated in recent weeks, with their price up about 0.82% in the past three months. The disclosure for this sale can be found here.
The Southern Company (NYSE:SO) was up +0.39% ($0.19) to $49.05 and showed a volume of 3.5 mln shares.