Crow Point Partners Lowered Its Lockheed Martin (LMT) Stake; Last Week PACCAR (PCAR) Analysts

PACCAR Inc (NASDAQ:PCAR) Logo

Among 17 analysts covering PACCAR (NASDAQ:PCAR), 4 have Buy rating, 2 Sell and 11 Hold. Therefore 24% are positive. PACCAR had 27 analyst reports since January 2, 2018 according to SRatingsIntel. The firm has “Hold” rating given on Friday, March 9 by Susquehanna. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, April 25. The rating was maintained by Wells Fargo with “Hold” on Thursday, January 18. The stock of PACCAR Inc (NASDAQ:PCAR) has “Hold” rating given on Wednesday, May 30 by Goldman Sachs. Stifel Nicolaus maintained PACCAR Inc (NASDAQ:PCAR) on Tuesday, January 30 with “Hold” rating. The stock of PACCAR Inc (NASDAQ:PCAR) earned “Hold” rating by Wells Fargo on Thursday, February 22. On Wednesday, April 25 the stock rating was maintained by BMO Capital Markets with “Buy”. Jefferies maintained it with “Buy” rating and $90.0 target in Thursday, January 18 report. Credit Suisse maintained the shares of PCAR in report on Wednesday, January 31 with “Neutral” rating. The firm has “Hold” rating given on Wednesday, April 25 by Robert W. Baird. See PACCAR Inc (NASDAQ:PCAR) latest ratings:

05/06/2018 Broker: Macquarie Research Rating: Buy New Target: $75.0000 Upgrade
30/05/2018 Broker: Goldman Sachs Rating: Hold Downgrade
02/05/2018 Broker: UBS Old Rating: Buy New Rating: Neutral Old Target: $79 Downgrade
25/04/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $74 New Target: $70 Maintain
25/04/2018 Broker: Wells Fargo Rating: Hold New Target: $70.0000 Maintain
25/04/2018 Broker: Bank of America Rating: Hold New Target: $70.0000 Downgrade
25/04/2018 Broker: BMO Capital Markets Rating: Buy New Target: $80.0000 Maintain
25/04/2018 Broker: Robert W. Baird Rating: Hold New Target: $79.0000 Maintain
25/04/2018 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Sector Perform Old Target: $75 Downgrade
17/04/2018 Broker: RBC Capital Markets Rating: Buy New Target: $82.0000 Maintain

Crow Point Partners Llc decreased Lockheed Martin Corp (LMT) stake by 44.46% reported in 2018Q1 SEC filing. Crow Point Partners Llc sold 1,319 shares as Lockheed Martin Corp (LMT)’s stock declined 10.57%. The Crow Point Partners Llc holds 1,648 shares with $557,000 value, down from 2,967 last quarter. Lockheed Martin Corp now has $84.30 billion valuation. The stock increased 0.16% or $0.46 during the last trading session, reaching $295.24. About 1.42 million shares traded. Lockheed Martin Corporation (NYSE:LMT) has risen 13.73% since June 29, 2017 and is uptrending. It has outperformed by 1.16% the S&P500. Some Historical LMT News: 17/04/2018 – INSIGHT-Arming the world: Inside Trump’s “Buy American” drive to expand weapons exports; 19/04/2018 – LOCKHEED MARTIN – THE UNITS WILL BE INSTALLED IN ONTARIO, CANADA, AND ALONG EAST COAST OF UNITED STATES; 07/04/2018 – Japan activates first marines since WW2 to bolster defenses against China; 22/03/2018 – TRUMP SAYS IT IS FIRST OF MANY; 08/03/2018 – Lockheed Rolls Out Road Map for Stealthy Jet; 24/04/2018 – Lockheed Martin raises 2018 forecast as strong defense funding fuels Pentagon business; 05/03/2018 – Lockheed Martin says long-term contract will help against tariffs; 15/03/2018 – Lockheed Martin: Awarded Contract to Train Special Ops Airmen; 07/04/2018 – Kingdom of Saudi Arabia’s Crown Prince Mohammad Bin Salman Inspects Satellite Programs at Lockheed Martin; 24/04/2018 – LOCKHEED MARTIN CORP – ACHIEVED QTR-END BACKLOG OF APPROXIMATELY $105 BLN

More recent PACCAR Inc (NASDAQ:PCAR) news were published by: Streetinsider.com which released: “Mizuho Securities Starts PACCAR (PCAR) at Neutral” on June 28, 2018. Also Investorplace.com published the news titled: “5 Cheap Large Cap Stocks to Buy Now” on June 28, 2018. Globenewswire.com‘s news article titled: “Market Trends Toward New Normal in PACCAR, Annaly Capital Management, Brown Forman, Nutanix, Halliburton …” with publication date: June 25, 2018 was also an interesting one.

Since February 7, 2018, it had 2 buys, and 3 insider sales for $2.09 million activity. Davila Marco A. bought $39,356 worth of stock. DOZIER C MICHAEL sold 13,348 shares worth $846,903. 9,964 shares were sold by Quinn T. Kyle, worth $644,550. 21 shares valued at $1,482 were bought by GRANDSTAFF DOUGLAS S on Wednesday, February 7.

Investors sentiment decreased to 1.14 in 2018 Q1. Its down 0.26, from 1.4 in 2017Q4. It is negative, as 48 investors sold PACCAR Inc shares while 155 reduced holdings. 69 funds opened positions while 162 raised stakes. 214.22 million shares or 0.22% less from 214.70 million shares in 2017Q4 were reported. Wetherby Asset Management accumulated 0.06% or 7,081 shares. Anchor Bolt Cap Lp reported 99,532 shares. Cetera Advisor Ntwk Ltd Llc stated it has 0.01% of its portfolio in PACCAR Inc (NASDAQ:PCAR). Howe & Rusling invested in 0% or 17 shares. Dynamic Advisor Solutions Ltd Limited Liability Company invested 0.44% of its portfolio in PACCAR Inc (NASDAQ:PCAR). Osborne Capital Ltd Liability Corp holds 0.28% of its portfolio in PACCAR Inc (NASDAQ:PCAR) for 30,872 shares. Commonwealth Commercial Bank Of Australia invested in 36,675 shares. Moreover, Perkins Coie Trust has 0.07% invested in PACCAR Inc (NASDAQ:PCAR) for 2,282 shares. Citigroup reported 188,149 shares. Regions Fincl holds 959 shares or 0% of its portfolio. Cibc Savings Bank Usa has 0.07% invested in PACCAR Inc (NASDAQ:PCAR). Nikko Asset Americas holds 205 shares or 0% of its portfolio. Brinker Cap Inc holds 0.06% in PACCAR Inc (NASDAQ:PCAR) or 22,307 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0.15% of its portfolio in PACCAR Inc (NASDAQ:PCAR). Kentucky Retirement Insurance Fund holds 0.11% of its portfolio in PACCAR Inc (NASDAQ:PCAR) for 8,058 shares.

PACCAR Inc, together with its subsidiaries, designs, makes, and distributes light, medium, and heavy-duty commercial trucks worldwide. The company has market cap of $21.83 billion. It operates in three divisions: Truck, Parts, and Financial Services. It has a 11.66 P/E ratio. The Truck segment offers trucks that are used for the over-the-road and off-highway hauling of commercial and consumer goods.

The stock increased 0.45% or $0.28 during the last trading session, reaching $62.04. About 1.25M shares traded. PACCAR Inc (NASDAQ:PCAR) has risen 6.67% since June 29, 2017 and is uptrending. It has underperformed by 5.90% the S&P500. Some Historical PCAR News: 25/04/2018 – PACCAR INC PCAR.O : RBC CUTS TO SECTOR PERFORM FROM OUTPERFORM; 24/04/2018 – PACCAR INCREASED EST OF YR CLASS 8 TRUCK INDUSTRY RETAIL SALES; 01/05/2018 – PACCAR Increases Regular Quarterly Cash Dividend; 24/04/2018 – Paccar 1Q Net $512.1M; 02/05/2018 – MANDATE: Paccar Financial EUR 3Y Fixed or FRN Notes Roadshow; 19/04/2018 – Moody’s Affirms A1 Long-term Rating Of Paccar’s Supported Subsidiaries; Outlook Is Stable; 24/04/2018 – PACCAR Achieves Record Quarterly Revenues and Excellent Profits; 24/04/2018 – PACCAR – IN 2018, CAPEX OF $425-$475 MLN AND RESEARCH AND DEVELOPMENT EXPENSES OF $300-$320 MLN TARGETED FOR NEW TRUCK MODELS, OTHERS; 07/05/2018 – Paccar Financial Corp Sells $300 million 3.1% 3-Year Sr Unsecure; 24/04/2018 – Paccar 1Q EPS $1.45

Since January 29, 2018, it had 0 insider purchases, and 2 sales for $9.28 million activity. HEWSON MARILLYN A had sold 19,000 shares worth $6.59 million. Ambrose Richard F sold $2.69M worth of stock.

More notable recent Lockheed Martin Corporation (NYSE:LMT) news were published by: Bizjournals.com which released: “Lockheed lands first customer for its new F-16 fighter jet” on June 25, 2018, also Bizjournals.com with their article: “Lockheed, Northrop, Raptor grab $154M in local defense work” published on June 26, 2018, Fool.com published: “How Lockheed Shaved $3 Billion Off F-35 Costs” on June 20, 2018. More interesting news about Lockheed Martin Corporation (NYSE:LMT) were released by: Streetinsider.com and their article: “Lockheed Martin (LMT) Says Joint Air-to-Ground Missile Achieves Milestone C Decision, Enabling Low-Rate Initial …” published on June 27, 2018 as well as Bizjournals.com‘s news article titled: “Lockheed Martin, Harris Corp. land $1B in combined contracts with local work” with publication date: June 19, 2018.

Investors sentiment decreased to 0.95 in Q1 2018. Its down 0.23, from 1.18 in 2017Q4. It dived, 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. Shell Asset Com reported 52,530 shares. Campbell And Commerce Investment Adviser Ltd Liability invested 0.2% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Toth Advisory owns 337 shares for 0.03% of their portfolio. Blume Capital owns 150 shares for 0.03% of their portfolio. Acadian Asset Mngmt Ltd Limited Liability Company reported 0.08% in Lockheed Martin Corporation (NYSE:LMT). Atria Ltd Liability Company accumulated 2,503 shares. Missouri-based Acropolis Inv Management Limited Liability Corporation has invested 0.24% in Lockheed Martin Corporation (NYSE:LMT). The Connecticut-based Hartford Financial Mngmt Incorporated has invested 0.05% in Lockheed Martin Corporation (NYSE:LMT). Jane Street Gp Limited Liability Co accumulated 69,580 shares. Wespac owns 10,006 shares. Lmr Prtn Llp owns 6,445 shares or 0.21% of their US portfolio. Highland Cap Mngmt stated it has 0.77% in Lockheed Martin Corporation (NYSE:LMT). Amp Capital Invsts Limited holds 0.27% or 143,381 shares. Advantus Capital Mngmt stated it has 25,472 shares or 0.22% of all its holdings. The Illinois-based Glenview Bancorp Trust Dept has invested 0.59% in Lockheed Martin Corporation (NYSE:LMT).

PACCAR Inc (NASDAQ:PCAR) Institutional Positions Chart