As Lockheed Martin Corp (LMT) Shares Declined, Shareholder Great Lakes Advisors LLC Decreased Stake

June 27, 2018 - By Mark Williams

Lockheed Martin Corporation (NYSE:LMT) Corporate LogoBig Money Sentiment decreased to 0.95 in Q1 2018. It has change of 0.23, from 2017Q4’s 1.18. The ratio fall due to LMT positioning: 43 sold and 441 reduced. 99 funds amassed stakes and 359 increased stakes. Investors holded 218.89 million in 2017Q4 but now own 216.82 million shares or 0.95% less. L & S Advisors accumulated 23,032 shs. Counselors accumulated 18,410 shs or 0.3% of the stock. 36,100 are held by Employees Retirement Of Texas. Wedge Capital Mgmt L Limited Partnership Nc invested 0.48% of its capital in Lockheed Martin Corporation (NYSE:LMT). Steinberg Global Asset has invested 0.68% of its capital in Lockheed Martin Corporation (NYSE:LMT). Wealthtrust reported 1,535 shs stake. King Wealth invested in 17,735 shs or 2.13% of the stock. Swarthmore has invested 2.1% in Lockheed Martin Corporation (NYSE:LMT). Frontier Management Commerce has invested 0% of its capital in Lockheed Martin Corporation (NYSE:LMT). Parsons Cap Ri holds 0.26% or 6,470 shs. Invsts Asset Of Georgia Inc Ga Adv invested in 4,940 shs. Sun Life Financial Inc stated it has 382 shs or 0% of all its holdings. Department Mb Fincl Bank N A holds 0.02% or 513 shs. First Personal Fincl Ser accumulated 1,477 shs. Cetera Advisors Limited Liability Corp has invested 0.35% of its capital in Lockheed Martin Corporation (NYSE:LMT).

LMT registered $9.28 million net activity with 0 buys and 2 selling transactions since January 29, 2018. The insider HEWSON MARILLYN A sold $6.59 million.

In Lockheed Martin Corp (LMT) was reduced the holdings owned by Great Lakes Advisors Llc. The reduction is 7.09% according to 2018Q1 Securities and Exchange filling. By selling 12,500 shares Great Lakes Advisors Llc made the stock sank with 10.57%. The military and government and technical company reported $50.25M value for the 2018Q1. Now the institutional investor is holding 163,808 shares, compared to the 176,308 from the previous quarter. $85.40B is Lockheed Martin Corp’s MC. The stock increased 0.11% or $0.32 during the last trading session, reaching $299.09.Lockheed Martin Corporation has volume of 1.42M shares. Since June 27, 2017 LMT has risen 13.73% and is uptrending. LMT outperformed the S&P500 by 1.16%.

About $5.40 billion and $4.20 billion US Long portfolio Great Lakes Advisors Llc manages. It rose its stake in General Elec Co (NYSE:GE) by 1.38M shares to 5.91M shares, valued at $70.94M in 2018Q1, according to the filing. Great Lakes Advisors Llc has risen its stake in Marvell Technology Group Ltd (NASDAQ:MRVL) and also increased its holding in Mckesson Corp (NYSE:MCK) by 37,767 shares in the quarter, for a total of 435,466 shares.

Lockheed Martin Corporation (NYSE:LMT)’s earnings report is awaited on July, 17., Faxor reports. Analysts expect change of 19.50 % or $0.63 from previous year’s $3.23 earnings per share compared to current’s $3.86 earnings per share. If reported the P/E will be 19.37 with $1.10 billion profit. Wall Street now forecasts -3.98 % negative EPS growth despite Lockheed Martin Corporation last quarter’s EPS of $4.02.

For more Lockheed Martin Corporation (NYSE:LMT) news posted recently go to: Seekingalpha.com, Bizjournals.com, Bizjournals.com, 247Wallst.com or Fool.com. The titles are as follows: “Buy Lockheed Martin On Weakness – Cramer’s Lightning Round (6/14/18)” posted on June 15, 2018, “Missiles and Hawkeyes: Lockheed Martin, Northrop Grumman secure $162.5M in local work” on June 06, 2018, “Software startup Celonis clinches $50M in venture capital” with a publish date: June 26, 2018, “Will Boeing Be First With Hypersonic Plane?” and the last “How Lockheed Shaved $3 Billion Off F-35 Costs” with publication date: June 20, 2018.

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”. (NYSE:LMT) has 45% bullish analysts. With $410.0 highest and $33500 lowest target price, Lockheed Martin Corp has $379.36 average target price or 26.84% above the current ($299.09) price. 17 are the (NYSE:LMT)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Tuesday, January 23 the stock of Lockheed Martin Corporation (NYSE:LMT) has “Hold” rating given by RBC Capital Markets. The stock rating was maintained by Stifel Nicolaus with “Buy” on Monday, January 8. On Monday, February 5 the stock of Lockheed Martin Corporation (NYSE:LMT) earned “Buy” rating by Buckingham Research. On Friday, April 6 the firm earned “Hold” rating by RBC Capital Markets. The company rating was maintained by Credit Suisse on Tuesday, May 22. On Tuesday, January 30 the stock of Lockheed Martin Corporation (NYSE:LMT) has “Hold” rating given by Wells Fargo. On Tuesday, January 30 the stock of Lockheed Martin Corporation (NYSE:LMT) has “Buy” rating given by Robert W. Baird. On Tuesday, January 30 the stock has “Buy” rating by Citigroup. On Thursday, April 12 Morgan Stanley maintained the shares of LMT in report with “Overweight” rating. On Tuesday, January 16 the firm has “Market Perform” rating given by Wells Fargo.

Lockheed Martin Corporation (NYSE:LMT) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.