Dividend To Observe: Will Dec 15, 2016 be the day L-3 Communications Holdings, Inc. (NYSE:LLL) makes dividends of $0.70?

Dividend To Observe: Will Dec 15, 2016 be the day L 3 Communications Holdings, Inc. (NYSE:LLL) makes dividends of $0.70?

L-3 Communications Holdings, Inc. (NYSE:LLL) is expected to pay $0.70 on Dec 15, 2016. The indicated annual dividend is $2.80. Shareholders owning the stock before Nov 15, 2016 will be eligible to receive the payout. Based on L-3 Communications Holdings, Inc.’s current price of $150.93, the dividend is 0.46%. This dividend’s record date is Nov 17, 2016 and the announcement date is Oct 18, 2016. The stock increased 0.21% or $0.31 on November 11, hitting $150.93. L-3 Communications Holdings, Inc. (NYSE:LLL) has risen 25.95% since April 12, 2016 and is uptrending. It has outperformed by 20.97% the S&P500.

L-3 Communications Holdings, Inc. operates through its operating subsidiary L-3 Communications (L-3). The company has a market cap of $11.69 billion. The Firm operates through three divisions: Electronic Systems, which provides a range of services and products, including components, products, subsystems, systems and related services to military and commercial customers; Aerospace Systems, which provides services and products for the Intelligence, Surveillance and Reconnaissance (ISR) market, specializing in signals intelligence (SIGINT) and multi-intelligence platforms, and Communication Systems, which provides network and communication systems, secure communications products, radio frequency components, satellite communication terminals, and space, microwave and telemetry products. It has a 14.55 P/E ratio.

Insitutional Activity: The institutional sentiment increased to 1 in Q2 2016. Its up 0.03, from 0.97 in 2016Q1. The ratio increased, as 30 funds sold all L-3 Communications Holdings, Inc. shares owned while 164 reduced positions. 64 funds bought stakes while 130 increased positions. They now own 61.56 million shares or 5.68% less from 65.27 million shares in 2016Q1.
Moreover, Bb&T has 0.01% invested in L-3 Communications Holdings, Inc. (NYSE:LLL) for 2,812 shares. Guyasuta Invest Advisors last reported 2.82% of its portfolio in the stock. Bank & Trust Of America Corp De holds 719,134 shares or 0.02% of its portfolio. Ing Groep Nv holds 0.01% of its portfolio in L-3 Communications Holdings, Inc. (NYSE:LLL) for 2,744 shares. Philadelphia Trust has 179,017 shares for 2.27% of their US portfolio. Cookson Peirce & Co, a Pennsylvania-based fund reported 1,630 shares. Panagora Asset Management last reported 0.18% of its portfolio in the stock. Oak Ltd Oh has 2,150 shares for 0.04% of their US portfolio. Advsr Asset Management has 8,898 shares for 0.02% of their US portfolio. Signaturefd Ltd Liability has 94 shares for 0% of their US portfolio. Bryn Mawr Tru last reported 1,890 shares in the company. Schwab Charles Inv Management last reported 268,461 shares in the company. Forte Capital Ltd Limited Liability Company Adv holds 0.85% or 14,950 shares in its portfolio. Mufg Americas Hldgs Corp holds 0.01% or 2,070 shares in its portfolio. Kcg Hldg Inc has 7,160 shares for 0.02% of their US portfolio.

Insider Transactions: Since May 23, 2016, the stock had 0 insider buys, and 6 insider sales for $23.88 million net activity. $370,918 worth of L-3 Communications Holdings, Inc. (NYSE:LLL) shares were sold by CANIZARES CLAUDE R. Mega John S also sold $1.04 million worth of L-3 Communications Holdings, Inc. (NYSE:LLL) on Monday, May 23. 12,760 shares with value of $1.91M were sold by Dambrosio Ralph on Wednesday, August 3. 100,000 shares were sold by STRIANESE MICHAEL T, worth $14.96 million. Another trade for 33,375 shares valued at $5.05 million was sold by Post Steven M. SIMON ARTHUR L sold 3,600 shares worth $536,400.

L-3 Communications Holdings, Inc. (NYSE:LLL) Ratings Coverage

Out of 11 analysts covering L-3 Communications (NYSE:LLL), 9 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 82% are positive. L-3 Communications has been the topic of 17 analyst reports since July 30, 2015 according to StockzIntelligence Inc. On Thursday, November 10 the stock rating was upgraded by Barclays Capital to “Overweight”. The firm has “Buy” rating by Drexel Hamilton given on Friday, May 20. Cowen & Co downgraded L-3 Communications Holdings, Inc. (NYSE:LLL) on Friday, October 30 to “Market Perform” rating. The rating was maintained by Deutsche Bank with “Buy” on Friday, July 31. On Monday, May 2 the stock rating was maintained by Barclays Capital with “Equal Weight”. On Thursday, October 6 the stock rating was initiated by Robert W. Baird with “Outperform”. The stock has “Buy” rating given by on Monday, October 10. The stock of L-3 Communications Holdings, Inc. (NYSE:LLL) has “Buy” rating given on Monday, May 2 by Goldman Sachs. The stock of L-3 Communications Holdings, Inc. (NYSE:LLL) has “Underperform” rating given on Thursday, July 30 by Bank of America. The stock of L-3 Communications Holdings, Inc. (NYSE:LLL) earned “Buy” rating by Citigroup on Tuesday, September 6.

More important recent L-3 Communications Holdings, Inc. (NYSE:LLL) news were published by: Forbes.com which released: “Ex-Dividend Reminder: L-3 Communications Holdings, Corning and Chemours” on November 11, 2016, also Forbes.com published article titled: “L-3 Communications Holdings is Oversold”, Wsj.com published: “L-3 Communications Posts Sales Decline, but Boosts Forecasts” on October 27, 2016. More interesting news about L-3 Communications Holdings, Inc. (NYSE:LLL) was released by: Nasdaq.com and their article: “L-3 Communications Holdings, Inc Profit Drops 10% In Q3” with publication date: October 27, 2016.

LLL Company Profile

L-3 Communications Holdings, Inc. (L-3 Holdings), incorporated on March 20, 1997, operates through its operating subsidiary L-3 Communications (L-3). The Firm operates through three divisions: Electronic Systems, Aerospace Systems and Communication Systems. L-3 Communications is a contractor in Intelligence, Surveillance and Reconnaissance (ISR) systems, aircraft sustainment (including modifications, logistics and maintenance), simulation and training, night vision and image intensification equipment, and security and detection systems. L-3 is also a well-known provider of a range of communication and electronic systems and products used on military and commercial platforms. The Company’s clients include the United States Department of Defense (DoD) and its prime contractors, the United States Government intelligence agencies, the United States Department of Homeland Security (DHS), foreign Governments, and domestic and international commercial customers.

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