Moody Lynn & Lieberson LLC Has $7.48 Million Stock Position in Lockheed Martin Co. (NYSE:LMT)


Share on StockTwits

Moody Lynn & Lieberson LLC boosted its holdings in shares of Lockheed Martin Co. (NYSE:LMT) by 0.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,068 shares of the aerospace company’s stock after buying an additional 32 shares during the period. Moody Lynn & Lieberson LLC’s holdings in Lockheed Martin were worth $7,479,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Simon Quick Advisors LLC acquired a new position in Lockheed Martin during the third quarter valued at $32,000. Barnett & Company Inc. acquired a new position in Lockheed Martin during the third quarter valued at $38,000. Lenox Wealth Advisors LLC raised its position in Lockheed Martin by 140.5% during the third quarter. Lenox Wealth Advisors LLC now owns 101 shares of the aerospace company’s stock valued at $39,000 after buying an additional 59 shares during the period. Bay Harbor Wealth Management LLC raised its position in Lockheed Martin by 24.6% during the third quarter. Bay Harbor Wealth Management LLC now owns 142 shares of the aerospace company’s stock valued at $54,000 after buying an additional 28 shares during the period. Finally, Norway Savings Bank increased its position in Lockheed Martin by 127.0% in the 3rd quarter. Norway Savings Bank now owns 143 shares of the aerospace company’s stock worth $55,000 after purchasing an additional 80 shares during the last quarter. 77.00% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:LMT traded up $3.82 during mid-day trading on Wednesday, hitting $334.51. 48,146 shares of the company’s stock traded hands, compared to its average volume of 2,171,221. The firm has a 50 day moving average of $349.36 and a two-hundred day moving average of $371.56. Lockheed Martin Co. has a 12 month low of $266.11 and a 12 month high of $442.53. The firm has a market capitalization of $93.59 billion, a price-to-earnings ratio of 14.40, a price-to-earnings-growth ratio of 1.98 and a beta of 0.92. The company has a current ratio of 1.33, a quick ratio of 1.12 and a debt-to-equity ratio of 2.34.

Lockheed Martin (NYSE:LMT) last announced its earnings results on Monday, January 25th. The aerospace company reported $6.38 earnings per share for the quarter, missing the consensus estimate of $6.41 by ($0.03). Lockheed Martin had a net margin of 10.18% and a return on equity of 173.43%. The business had revenue of $17.03 billion for the quarter, compared to the consensus estimate of $16.92 billion. During the same quarter in the previous year, the company earned $5.29 EPS. Lockheed Martin’s revenue for the quarter was up 7.3% compared to the same quarter last year. As a group, equities research analysts expect that Lockheed Martin Co. will post 24.82 earnings per share for the current year.

LMT has been the topic of several research reports. Robert W. Baird lowered Lockheed Martin from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $420.00 to $368.00 in a research report on Thursday, January 7th. Credit Suisse Group dropped their target price on Lockheed Martin from $351.00 to $334.00 in a research report on Wednesday. Morgan Stanley dropped their target price on Lockheed Martin from $509.00 to $480.00 and set an “overweight” rating on the stock in a research report on Thursday, January 7th. Cowen reaffirmed a “buy” rating and issued a $410.00 target price on shares of Lockheed Martin in a research report on Friday, November 27th. Finally, Royal Bank of Canada upped their target price on Lockheed Martin from $405.00 to $414.00 and gave the stock a “sector perform” rating in a research report on Wednesday, October 21st. Five analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $440.59.

Lockheed Martin Company Profile

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems.

Featured Article: How to Use the New Google Finance Tool

Want to see what other hedge funds are holding LMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lockheed Martin Co. (NYSE:LMT).

Institutional Ownership by Quarter for Lockheed Martin (NYSE:LMT)

Receive News & Ratings for Lockheed Martin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lockheed Martin and related companies with MarketBeat.com's FREE daily email newsletter.