As Lockheed Martin Corp (LMT) Market Value Rose, Marsico Capital Management LLC Increased by $23.79 Million Its Holding

January 22, 2018 - By Adrian Mccoy

Investors sentiment increased to 1.24 in 2017 Q3. Its up 0.17, from 1.07 in 2017Q2. It increased, as 43 investors sold LMT shares while 356 reduced holdings. 110 funds opened positions while 386 raised stakes. 221.38 million shares or 1.04% less from 223.70 million shares in 2017Q2 were reported. 325,000 are held by State Of New Jersey Common Pension Fund D. Mark Sheptoff Financial Planning Limited Liability Corporation holds 0.73% or 3,486 shares in its portfolio. Dynamic Advsr Solutions Ltd Company has 0.54% invested in Lockheed Martin Corporation (NYSE:LMT). Aviance Prns Limited Company invested 0.81% in Lockheed Martin Corporation (NYSE:LMT). Argent Trust stated it has 5,380 shares. Orrstown Fincl has invested 0.94% in Lockheed Martin Corporation (NYSE:LMT). Marsico Cap Mgmt stated it has 5.21% in Lockheed Martin Corporation (NYSE:LMT). Westpac Banking holds 0.12% or 17,078 shares in its portfolio. First Mercantile Tru Co accumulated 0.27% or 4,850 shares. Blackrock holds 0.3% or 18.98M shares in its portfolio. South Street Advsr Limited Com reported 46,165 shares or 2.78% of all its holdings. Brown Advisory Ltd Llc accumulated 1,468 shares or 0.1% of the stock. Cypress Capital Mgmt Limited Liability Company (Wy) invested in 0.55% or 1,490 shares. Swarthmore Grp Inc Inc owns 24,225 shares or 1.72% of their US portfolio. Brown Advisory has 34,377 shares.

Since August 15, 2017, it had 0 insider buys, and 3 selling transactions for $18.05 million activity. Colan Brian P sold $107,167 worth of Lockheed Martin Corporation (NYSE:LMT) on Tuesday, August 15. 8,870 shares were sold by Carvalho Orlando D, worth $2.73 million.

Marsico Capital Management Llc increased its stake in Lockheed Martin Corp (LMT) by 22.46% based on its latest 2017Q3 regulatory filing with the SEC. Marsico Capital Management Llc bought 76,738 shares as the company’s stock rose 2.80% with the market. The institutional investor held 418,412 shares of the military and government and technical company at the end of 2017Q3, valued at $129.83 million, up from 341,674 at the end of the previous reported quarter. Marsico Capital Management Llc who had been investing in Lockheed Martin Corp for a number of months, seems to be bullish on the $94.33 billion market cap company. The stock decreased 0.90% or $3 during the last trading session, reaching $329. About 1.46 million shares traded or 41.12% up from the average. Lockheed Martin Corporation (NYSE:LMT) has risen 14.19% since January 22, 2017 and is uptrending. It has underperformed by 2.51% the S&P500.

Marsico Capital Management Llc, which manages about $17.14B and $2.49B US Long portfolio, decreased its stake in Unitedhealth Group Inc (NYSE:UNH) by 16,141 shares to 729,854 shares, valued at $142.94 million in 2017Q3, according to the filing. It also reduced its holding in Texas Instrs Inc (NASDAQ:TXN) by 402,453 shares in the quarter, leaving it with 68,225 shares, and cut its stake in Livanova Plc.

More important recent Lockheed Martin Corporation (NYSE:LMT) news were published by: which released: “Lockheed Martin Corporation: Lockheed Martin Announces Fourth Quarter And Full …” on January 19, 2018, also published article titled: “Potential $6.5B deal for Lockheed Martin F-35s gets US approval”, published: “Form 3 LOCKHEED MARTIN CORP For: Jan 08 Filed by: St John Frank A” on January 18, 2018. More interesting news about Lockheed Martin Corporation (NYSE:LMT) was released by: and their article: “Lockheed Martin Names Richard Edwards Executive Vice President, Lockheed …” with publication date: January 08, 2018.

Lockheed Martin Corporation (NYSE:LMT) Ratings Coverage

Among 21 analysts covering Lockheed Martin Corporation (NYSE:LMT), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. Lockheed Martin Corporation has $360.0 highest and $204 lowest target. $290.15’s average target is -11.81% below currents $329 stock price. Lockheed Martin Corporation had 71 analyst reports since July 21, 2015 according to SRatingsIntel. Argus Research maintained the shares of LMT in report on Thursday, October 22 with “Buy” rating. Stifel Nicolaus maintained it with “Buy” rating and $345.0 target in Monday, January 8 report. The firm has “Buy” rating by Robert W. Baird given on Thursday, September 28. Deutsche Bank maintained it with “Hold” rating and $270 target in Wednesday, October 26 report. The firm has “Buy” rating by Sterne Agee CRT given on Thursday, August 20. As per Thursday, November 10, the company rating was upgraded by Barclays Capital. Cowen & Co maintained it with “Hold” rating and $29500 target in Monday, August 14 report. The rating was maintained by RBC Capital Markets with “Hold” on Friday, September 29. The rating was downgraded by RBC Capital Markets on Thursday, May 19 to “Sector Perform”. Stifel Nicolaus maintained the shares of LMT in report on Wednesday, October 25 with “Buy” rating.

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