Stocks
Rothschild Holding Takes $6.34 Million Position in Boeing
Edmond DE Rothschild Holding S.A., an investment firm, has taken a significant position in Boeing Company (NYSE:BA) worth $6.34 million. The company purchased 29,275 shares of Boeing's stock in the second quarter.
This is not an isolated event, as other institutional investors have also been increasing their stakes in Boeing. Measured Wealth Private Client Group LLC, Strive Financial Group LLC, Ares Financial Consulting LLC, CrossGen Wealth LLC, and Strategic Wealth Advisors LLC all bought new positions in Boeing's stock in the fourth quarter.
The company has a market capitalization of $175.30 billion and a PE ratio of 96.01. Boeing posted quarterly earnings on July 28th, missing analyst estimates by ($0.42) per share.