The stock rose 0.88% or $2.04 reaching $234.92 per share. The institutional investor held 54,140 shares of the department and specialty retail stores company at the end of 2016Q4, valued at $4.01M, up from 39,720 at the end of the previous reported quarter. Boeing Co (NYSE:BA) has risen 41.13% since August 11, 2016 and is uptrending. It has outperformed by 45.78% the S&P500. The stock was sold at an average price of $290.11, for a total transaction of $2,901,100.00. The hedge fund run by Matthew Lindenbaum held 2.15M shares of the major banks company at the end of 2016Q4, valued at $47.44M, up from 1.17 million at the end of the previous reported quarter. The recently passed defense policy bill for 2018, with a promise of $696 billion budget, is also expected to boost growth of defense primes like Lockheed Martin. About 711,646 shares traded. Lockheed Martin Corporation has a 12 month low of $228.50 and a 12 month high of $307.10. It has underperformed by 2.51% the S&P500.
Jefferies Group Llc increased Ishares Tr (Put) (IYR) stake by 491,600 shares to 606,300 valued at $46.65M in 2016Q4. Paypal Holdings Inc was raised too. Its up 0.43, from 0.77 in 2016Q3. The Iowa-based Dubuque Bancorp And Trust Co has invested 0% in CSX Corporation (NASDAQ:CSX). First Citizens Bancorporation holds 0.65% or 267,316 shares. Janus Mngmt accumulated 1.76 million shares. Bluecrest Cap Management stated it has 8,500 shares or 0.12% of all its holdings. The stock declined 0.04% or $0.02 reaching $34.97 per share. Hamilton Point Inv Advsrs Llc reported 59,821 shares. Moreover, Zebra Capital Management Llc has 0.47% invested in the company for 35,006 shares. Dekabank Deutsche Girozentrale holds 0.14% or 454,033 shares in its portfolio. Donaldson Mngmt Ltd has invested 0.07% in CSX Corporation (NASDAQ:CSX). 268 are held by Pinebridge Invests Limited Partnership.
Since May 1, 2017, it had 0 buys, and 8 sales for $14.61 million activity. Ten analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Apple Inc. had 276 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies Group LLC restated a hold rating and set a $240.00 price objective on shares of Lockheed Martin Corporation in a report on Friday, July 14th. The rating was initiated by CLSA with "Underperform" on Thursday, May 19. The firm has a market capitalization of $87.48 billion, a P/E ratio of 17.62 and a beta of 0.60. The stock has "Hold" rating by Cowen & Co on Monday, July 17. The firm earned "Outperform" rating on Friday, August 28 by RBC Capital Markets. Citigroup maintained CSX Corporation (NASDAQ:CSX) rating on Tuesday, September 13. Argus Research has "Buy" rating and $230 target.
Investors sentiment increased to 1.2 in Q4 2016. It is positive, as 49 investors sold LMT shares while 363 reduced holdings. 889.22 million shares or 2.82% less from 915.05 million shares in 2016Q3 were reported. Texas Permanent School Fund reported 0.25% stake.
Shares of Lockheed Martin Corporation (LMT) opened at 303.75 on Tuesday. 18,191 are owned by Scotia. Sit Assoc Inc invested in 0.49% or 74,489 shares. 232,668 are held by Rathbone Brothers Plc.
More notable recent Lockheed Martin Corporation (NYSE:LMT) news were published by: Prnewswire.com which released: "Lockheed Martin F-35s Surpass 100000 Flight Hours, System Development and ..." on July 24, 2017, also Bizjournals.com with their article: "Lockheed Martin set to interview 2000 in Fort Worth next week, will offer jobs ..." published on July 14, 2017, Nasdaq.com published: "Earnings Reaction History: Lockheed Martin Corporation, 33.3% Follow-Through ..." on July 18, 2017. 5,050 were accumulated by Edge Asset. Equities research analysts forecast that Lockheed Martin Corporation will post $12.63 EPS for the current fiscal year. Private Natl Bank And reported 22,811 shares. Cowen and Company restated a hold rating and issued a $265.00 price target on shares of Lockheed Martin Corporation in a research note on Tuesday, April 25th. Orleans La reported 9,832 shares stake. 342,000 are held by State Of New Jersey Common Pension Fund D. Neuberger Berman Grp Inc Limited Liability Company invested in 281,376 shares or 0.09% of the stock. Catalyst Advisors Lc owns 15,590 shares.
Since February 14, 2017, it had 0 buys, and 1 insider sale for $3.15 million activity. $3.15 million worth of stock was sold by Edwards Richard H on Tuesday, February 14.
Zacks Investment Research cut shares of Lockheed Martin Corporation from a hold rating to a sell rating in a report on Tuesday, July 11th. Therefore 58% are positive. Lockheed Martin Corporation had a return on equity of 221.92% and a net margin of 10.37%. The rating was downgraded by RBC Capital Markets on Thursday, May 19 to "Sector Perform". Guggenheim initiated Lockheed Martin Corporation (NYSE:LMT) rating on Wednesday, January 20. (NASDAQ:AAPL) has "Buy" rating given on Friday, August 7 by Robert W. Baird. The rating was maintained by RBC Capital Markets on Wednesday, January 27 with "Outperform". Garcia Hamilton & Associates Lp sold 9,261 shares as Lockheed Martin Corporation (LMT)'s stock rose 2.80%. More interesting news about Bank of America Corp (NYSE:BAC) were released by: Livetradingnews.com and their article: "Bank of America Corp (NYSE:BAC) HEFFX Highlights" published on August 10, 2017 as well as Investorplace.com's news article titled: "Wednesday's Vital Data: Bank of America Corp (BAC), SeaWorld Entertainment Inc ..." with publication date: August 09, 2017.
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