Junto Capital Management LP Cuts Holdings in The Boeing Company $BA
MarketBeat
Junto Capital Management LP significantly reduced its stake in The Boeing Company (NYSE:BA) by 37% in the second quarter, selling 117,240 shares and retaining 199,292 shares valued at $43.1 million. Despite this, institutional investors collectively own 64.82% of Boeing. The article highlights mixed signals for Boeing, with positive free cash flow but a dip in August aircraft deliveries and an ongoing investigation into a cargo-plane crash, while analyst sentiment remains a "Moderate Buy."
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