Rathbone Brothers Plc Has Decreased Its Lockheed Martin Co Usd1 Common Stock (LMT) Holding by $7.92 Million; Share Value Declined

August 10, 2018 - By Mark Mitchell

Lockheed Martin Corporation (NYSE:LMT) LogoInvestors sentiment decreased to 0.95 in 2018 Q1. Its down 0.23, from 1.18 in 2017Q4. It fall, as 43 investors sold LMT shares while 441 reduced holdings. 99 funds opened positions while 359 raised stakes. 216.82 million shares or 0.95% less from 218.89 million shares in 2017Q4 were reported. Bahl And Gaynor Inc holds 2.25% in Lockheed Martin Corporation (NYSE:LMT) or 603,679 shares. Cubist Systematic Strategies stated it has 12,605 shares or 0.25% of all its holdings. First Personal holds 1,477 shares. Campbell Newman Asset Mgmt, a Wisconsin-based fund reported 29,634 shares. 189,674 were reported by First Republic Mngmt. The Japan-based Asset Management One Limited has invested 0.34% in Lockheed Martin Corporation (NYSE:LMT). Whittier Trust Of Nevada stated it has 0.09% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Balyasny Asset Mgmt Limited Com has 49,679 shares for 0.07% of their portfolio. Birmingham Mgmt Co Al has 2.32% invested in Lockheed Martin Corporation (NYSE:LMT) for 16,525 shares. Blue Chip reported 1.65% stake. Moreover, State Of Tennessee Treasury Department has 0.34% invested in Lockheed Martin Corporation (NYSE:LMT). Wells Fargo And Mn reported 3.12M shares or 0.31% of all its holdings. Arrowstreet Cap Limited Partnership holds 1.42% in Lockheed Martin Corporation (NYSE:LMT) or 1.83M shares. Beacon Advsr Incorporated holds 2.19% or 610 shares in its portfolio. Gulf Intl Natl Bank (Uk) invested 0.36% in Lockheed Martin Corporation (NYSE:LMT).

Since July 25, 2018, it had 0 buys, and 2 sales for $10.44 million activity. $8.09M worth of Lockheed Martin Corporation (NYSE:LMT) shares were sold by HEWSON MARILLYN A.

Rathbone Brothers Plc decreased its stake in Lockheed Martin Co Usd1 Common Stock (LMT) by 10.11% based on its latest 2018Q1 regulatory filing with the SEC. Rathbone Brothers Plc sold 23,510 shares as the company’s stock declined 10.57% with the market. The institutional investor held 209,013 shares of the military and government and technical company at the end of 2018Q1, valued at $70.63 million, down from 232,523 at the end of the previous reported quarter. Rathbone Brothers Plc who had been investing in Lockheed Martin Co Usd1 Common Stock for a number of months, seems to be less bullish one the $89.15 billion market cap company. The stock decreased 1.10% or $3.47 during the last trading session, reaching $312.24. About 46,927 shares traded. Lockheed Martin Corporation (NYSE:LMT) has risen 13.73% since August 10, 2017 and is uptrending. It has outperformed by 1.16% the S&P500.

Analysts await Lockheed Martin Corporation (NYSE:LMT) to report earnings on October, 23. They expect $4.28 EPS, up 32.10 % or $1.04 from last year’s $3.24 per share. LMT’s profit will be $1.22B for 18.24 P/E if the $4.28 EPS becomes a reality. After $4.31 actual EPS reported by Lockheed Martin Corporation for the previous quarter, Wall Street now forecasts -0.70 % negative EPS growth.

More notable recent Lockheed Martin Corporation (NYSE:LMT) news were published by: Bizjournals.com which released: “Lockheed Martin secures $450.7M contract to build warships” on July 17, 2018, also Bizjournals.com with their article: “How Lockheed Martin’s Orlando-made systems and gear prepare military for future combat” published on August 09, 2018, Seekingalpha.com published: “Lockheed Martin: A Great Choice For Dividend Investors, Too” on July 30, 2018. More interesting news about Lockheed Martin Corporation (NYSE:LMT) were released by: Seekingalpha.com and their article: “Japan picks Lockheed radar for Aegis batteries” published on July 30, 2018 as well as Seekingalpha.com‘s news article titled: “Lockheed Martin 2018 Q2 – Results – Earnings Call Slides” with publication date: July 24, 2018.

Lockheed Martin Corporation (NYSE:LMT) Ratings Coverage

Among 8 analysts covering Lockheed Martin (NYSE:LMT), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Lockheed Martin had 12 analyst reports since February 23, 2018 according to SRatingsIntel. Morgan Stanley maintained it with “Overweight” rating and $373 target in Thursday, April 12 report. Berenberg upgraded Lockheed Martin Corporation (NYSE:LMT) on Thursday, July 26 to “Buy” rating. On Wednesday, July 25 the stock rating was maintained by Bank of America with “Buy”. The stock of Lockheed Martin Corporation (NYSE:LMT) earned “Overweight” rating by Morgan Stanley on Wednesday, July 25. The firm has “Outperform” rating by Cowen & Co given on Wednesday, July 25. On Wednesday, July 25 the stock rating was maintained by Credit Suisse with “Neutral”. Credit Suisse maintained it with “Hold” rating and $33500 target in Tuesday, May 22 report. The stock of Lockheed Martin Corporation (NYSE:LMT) earned “Overweight” rating by Morgan Stanley on Thursday, July 12. The firm has “Overweight” rating by Morgan Stanley given on Friday, February 23. The stock of Lockheed Martin Corporation (NYSE:LMT) has “Buy” rating given on Wednesday, July 25 by Stifel Nicolaus.

Lockheed Martin Corporation (NYSE:LMT) Institutional Positions Chart

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