Big Money Are Crazy About Lockheed Martin Corp (NYSE:LMT), Sentiment at 0.95

June 27, 2018 - By Lena Young

Lockheed Martin Corporation (NYSE:LMT) Corporate Logo

Lockheed Martin Corp’s Sentiment

In Q1 2018 Lockheed Martin Corp (NYSE:LMT) big money sentiment decreased to 0.95, revealed SEC filings. That’s down -0.23, from 2017Q4’s 1.18. 458 hedge funds increased and opened new holdings, while 484 cut down and sold their stock positions in Lockheed Martin Corp so the sentiment has dropped. These funds own 216.82 million shares, that’s down from 218.89 million shares in 2017Q4. Funds holding Lockheed Martin Corp in top 10 increased from 33 to 50 for an increase of 17. 43 Investors Sold All; 441 Reduced Holdings; 359 increased holdings while 99 hedge funds bought holdings.

Most Lockheed Martin Corp Investors

Oakmont Corp owns 316,909 shares in Lockheed Martin Corp as of Q1 2018. As of Q1 2018, 57,800 shares of Lockheed Martin Corp are owned by Canal Insurance Co. Further, Chesapeake Asset Management Llc reported 18,736 shares in Lockheed Martin Corp equivalent to 6.79% of its fund portfolio. The United Kingdom-based fund Waverton Investment Management Ltd have invested about 5.75% of the investment manager’s stock portfolio in Lockheed Martin Corp. The Colorado-based fund Marsico Capital Management Llc holds 368,726 shares or 4.68% of their fund portfolio.

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide.The firm is worth $85.40 billion. It operates through four divisions: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems.The P/E ratio is 36.48. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies.

LMT is hitting $299.09 during the last trading session, after increased 0.11%.Lockheed Martin Corporation has volume of 1.42M shares. Since June 27, 2017 LMT has risen 13.73% and is uptrending. The stock outperformed the S&P 500 by 1.16%.

On July, 17. Investors expect Lockheed Martin Corporation (NYSE:LMT) to report its quarterly earnings, according to RTT. This year’s EPS analyst estimate is anticipated to be $3.86. That is 19.50 % up compareed to $3.23 EPS for last year. If the current EPS of $3.86 is accurate, LMT’s profit could hit $1.10B. Wall Street now forecasts -3.98 % negative EPS growth despite Lockheed Martin Corporation last quarter’s EPS of $4.02.

Blair William & Il reported 11,046 shs. Cornerstone Advsr invested in 12,000 shs or 0.48% of the stock. Signalpoint Asset Mgmt Llc owns 657 shs or 0.11% of their US capital. 44 were accumulated by Stevens First Principles Invest Advsrs. 2.19M were accumulated by Ameriprise Fincl. Vigilant Mgmt Limited Liability Com holds 195 shs. Vnbtrust National Association reported 1,130 shs. 2,400 are owned by Moors & Cabot. Cwm Ltd Liability reported 1,431 shs. Federated Inc Pa stated it has 0.05% in Lockheed Martin Corporation (NYSE:LMT). Bowen Hanes has 1.81% invested in Lockheed Martin Corporation (NYSE:LMT). 1,240 are owned by Confluence Wealth Limited Liability Corporation. Tctc Holdings Ltd owns 0.01% invested in Lockheed Martin Corporation (NYSE:LMT) for 674 shs. Vanguard Gru Inc accumulated 20.43M shs. 7,928 were accumulated by Williams Jones & Limited Co.

Lockheed Martin Corporation had 2 selling transactions and 0 buys since January 29, 2018. This’s net activity of $9.28 million. Shares for $6.59M were sold by HEWSON MARILLYN A on Monday, January 29.

Lockheed Martin Corporation (NYSE:LMT) Ratings Coverage

In total 11 analysts cover Lockheed Martin Corp (NYSE:LMT). “Buy” rating has 5, “Sell” are 0, while 6 are “Hold”. 45% are bullish. With $410.0 highest and $33500 lowest PT Lockheed Martin Corp has $379.36 average PT or 26.84% above the current ($299.09) price. 17 are the (NYSE:LMT)’s analyst reports since January 8, 2018 according to StockzIntelligence Inc. On Tuesday, January 30 the company was maintained by Bernstein. On Monday, January 29 the rating was maintained by Stifel Nicolaus with “Buy”. The company rating was maintained by Wells Fargo on Tuesday, January 30. On Tuesday, May 22 Credit Suisse maintained the shares of LMT in report with “Hold” rating. In Monday, January 29 report RBC Capital Markets maintained the stock with “Hold” rating. On Tuesday, January 30 the stock of Lockheed Martin Corporation (NYSE:LMT) has “Buy” rating given by Robert W. Baird. On Friday, April 6 the firm has “Hold” rating given by RBC Capital Markets. In Tuesday, January 16 report Wells Fargo downgraded the stock to “Market Perform” rating. On Monday, January 8 Stifel Nicolaus maintained Lockheed Martin Corporation (NYSE:LMT) with “Buy” rating. The stock rating was maintained by Buckingham Research with “Buy” on Monday, February 5.

For more Lockheed Martin Corporation (NYSE:LMT) news posted briefly go to: Fool.com, Seekingalpha.com, Bizjournals.com, Bizjournals.com or Bizjournals.com. The titles are as follows: “How Lockheed Shaved $3 Billion Off F-35 Costs” posted on June 20, 2018, “Buy Lockheed Martin On Weakness – Cramer’s Lightning Round (6/14/18)” on June 15, 2018, “Exclusive: Local tech firm grabs piece of $3.5B Lockheed Martin contract, to create 65+ jobs” with a publish date: June 14, 2018, “Lockheed, Northrop, Raptor grab $154M in local defense work” and the last “Under Armour declines, McCormick rises on brand value list” with publication date: June 25, 2018.

Lockheed Martin Corporation (NYSE:LMT) Institutional Investors Chart

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