Danske Bank Invests Heavily in Boeing Amid Mixed Earnings

Danske Bank A S recently acquired a new stake in The Boeing Company (NYSE:BA), purchasing 220,206 shares worth approximately $47.668 million in the second quarter.

This is not an isolated instance of institutional investors buying into Boeing; Princeton Capital Management LLC increased its position by 78.3% during the fourth quarter and Rakuten Investment Management Inc. raised its holdings by 502.3% in the same period.

Boeing's second-quarter earnings report showed a revenue growth of 8% year over year to $24.56 billion, but the company missed consensus EPS estimates by $0.42.