Dividend On Watch: Lockheed Martin Corporation (NYSE:LMT) gearing towards $1.82 dividends on Dec 30, 2016.

Dividend On Watch: Lockheed Martin Corporation (NYSE:LMT) gearing towards $1.82 dividends on Dec 30, 2016.

Lockheed Martin Corporation (NYSE:LMT) is expected to pay $1.82 on Dec 30, 2016. The indicated annual dividend is $7.28. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on Lockheed Martin Corporation’s current price of $265.92, the dividend is 0.68%. This dividend’s record date is Dec 1, 2016 and the announcement date is Sep 22, 2016. The stock increased 0.57% or $1.52 during the last trading session, hitting $265.92. About 5 shares traded hands. Lockheed Martin Corporation (NYSE:LMT) has risen 17.51% since April 25, 2016 and is uptrending. It has outperformed by 11.49% the S&P500.

Lockheed Martin Corporation is a global security and aerospace company. The company has a market cap of $78.36 billion. The Firm is engaged in the research, design, integration and sustainment of advanced technology systems, services and products. It has a 21.75 P/E ratio. It operates in five divisions: Aeronautics; Information Systems & Global Solutions ; Missiles and Fire Control (MFC); Mission Systems and Training (MST), and Space Systems.

Insitutional Activity: The institutional sentiment decreased to 0.77 in Q2 2016. Its down 0.30, from 1.07 in 2016Q1. The ratio is negative, as 46 funds sold all Lockheed Martin Corporation shares owned while 389 reduced positions. 94 funds bought stakes while 370 increased positions. They now own 242.95 million shares or 8.56% less from 265.70 million shares in 2016Q1.
The Minnesota-based Sit Investment Inc has invested 0.53% in Lockheed Martin Corporation (NYSE:LMT). Ameritas Investment Ptnrs Inc has 0.08% invested in the company for 5,176 shares. First American Bancorporation, a Illinois-based fund reported 28,230 shares. Moreover, Chesley Taft & Associate Limited Liability Corporation has 0.13% invested in Lockheed Martin Corporation (NYSE:LMT) for 5,270 shares. East Coast Asset Ltd Liability Co owns 4,850 shares or 0.66% of their US portfolio. Rand Wealth Limited Co holds 0.06% or 1,884 shares in its portfolio. Alliancebernstein L P reported 1.29 million shares or 0.27% of all its holdings. Anchor Bolt L P, a Illinois-based fund reported 76,697 shares. Legacy Prtn Inc owns 4,440 shares or 0.69% of their US portfolio. Amica Retiree Medical Tru owns 1,631 shares or 0.35% of their US portfolio. Moreover, Capital Advsr Limited Liability Company has 0.47% invested in Lockheed Martin Corporation (NYSE:LMT) for 20,096 shares. Moreover, Creative Planning has 0.06% invested in Lockheed Martin Corporation (NYSE:LMT) for 33,373 shares. Bank Of America De has invested 0.51% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Public Employees Retirement Association Of Colorado has 284,001 shares for 0.58% of their US portfolio. Wealthtrust Axiom holds 0.22% of its portfolio in Lockheed Martin Corporation (NYSE:LMT) for 2,323 shares.

Insider Transactions: Since July 22, 2016, the stock had 0 insider purchases, and 2 selling transactions for $20.23 million net activity. Barbour Sondra L sold $17.00M worth of Lockheed Martin Corporation (NYSE:LMT) on Wednesday, August 3. On Friday, July 22 Carvalho Orlando D sold $3.24M worth of the stock or 12,700 shares.

Lockheed Martin Corporation (NYSE:LMT) Ratings Coverage

Out of 15 analysts covering Lockheed Martin Corporation (NYSE:LMT), 10 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 67% are positive. Lockheed Martin Corporation has been the topic of 37 analyst reports since July 21, 2015 according to StockzIntelligence Inc. JP Morgan initiated Lockheed Martin Corporation (NYSE:LMT) rating on Thursday, August 25. JP Morgan has “Neutral” rating and $284 price target. The rating was maintained by Barclays Capital with “Underweight” on Tuesday, February 16. The company was downgraded on Thursday, May 19 by RBC Capital Markets. Argus Research maintained it with “Buy” rating and $230 target price in Thursday, October 22 report. The rating was maintained by Argus Research on Tuesday, July 21 with “Buy”. RBC Capital Markets upgraded Lockheed Martin Corporation (NYSE:LMT) rating on Wednesday, January 6. RBC Capital Markets has “Outperform” rating and $250 price target. The company was upgraded on Wednesday, January 27 by Wolfe Research. JP Morgan reinitiated Lockheed Martin Corporation (NYSE:LMT) rating on Monday, October 12. JP Morgan has “Neutral” rating and $230.0 price target. The stock has “Buy” rating given by Stifel Nicolaus on Monday, November 14. The firm has “Hold” rating by Deutsche Bank given on Wednesday, October 26.

More important recent Lockheed Martin Corporation (NYSE:LMT) news were published by: Profitconfidential.com which released: “Lockheed Martin Corporation: The Fuel That Is Causing LMT Stock to FLY” on November 16, 2016, also Profitconfidential.com published article titled: “Lockheed Martin Corporation: Why LMT Stock Is Going Crazy”, Zacks.com published: “Defense Stock Roundup: Lockheed Martin Scores Big; Boeing, Textron, General …” on November 24, 2016. More interesting news about Lockheed Martin Corporation (NYSE:LMT) was released by: Zacks.com and their article: “Lockheed Martin Nabs $77M Deal for Aegis System Upgrade” with publication date: November 22, 2016.

LMT Company Profile

Lockheed Martin Corporation, incorporated on August 29, 1994, is a global security and aerospace company. The Firm is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, services and products. The Firm operates in five divisions: Aeronautics; Information Systems & Global Solutions (IS&GS); Missiles and Fire Control (MFC); Mission Systems and Training (MST), and Space Systems. The Firm provides a range of management, engineering, technical, scientific, logistics and information services. The Company’s areas of focus are in defense, space, intelligence, homeland security and information technology, including cyber security. It serves customers, including military services, the United States Navy and various government agencies of the United States and other countries, as well as commercial and other customers.

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