Tuesday, 27 February 2018

Cordasco Financial Network Holds Stake in Lockheed Martin (LMT); Cincinnati Financial Lifted Stake in Home Depot (HD) by $2.20 Million

Cordasco Financial Network increased its stake in Lockheed Martin Corp (LMT) by 13.59% based on its latest 2017Q3 regulatory filing with the SEC. Cordasco Financial Network bought 1,237 shares as the company’s stock rose 2.80% with the market. The institutional investor held 10,342 shares of the military and government and technical company at the end of 2017Q3, valued at $3.21M, up from 9,105 at the end of the previous reported quarter. Cordasco Financial Network who had been investing in Lockheed Martin Corp for a number of months, seems to be bullish on the $101.87B market cap company. The stock increased 0.00% or $0.01 during the last trading session, reaching $358.7. About 1.16 million shares traded. Lockheed Martin Corporation (NYSE:LMT) has risen 14.19% since February 27, 2017 and is uptrending. It has underperformed by 2.51% the S&P500.

Cincinnati Financial Corp increased its stake in Home Depot Inc (HD) by 4.58% based on its latest 2017Q3 regulatory filing with the SEC. Cincinnati Financial Corp bought 13,500 shares as the company’s stock rose 9.30% with the market. The institutional investor held 308,054 shares of the consumer services company at the end of 2017Q3, valued at $50.39M, up from 294,554 at the end of the previous reported quarter. Cincinnati Financial Corp who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $220.07 billion market cap company. The stock increased 0.06% or $0.11 during the last trading session, reaching $188.46. About 4.65M shares traded. The Home Depot, Inc. (NYSE:HD) has risen 18.65% since February 27, 2017 and is uptrending. It has outperformed by 1.95% the S&P500.

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.19, from 0.95 in 2017Q2. It is positive, as 59 investors sold HD shares while 562 reduced holdings. 121 funds opened positions while 587 raised stakes. 796.24 million shares or 3.15% less from 822.13 million shares in 2017Q2 were reported. Moreover, Clark Cap Mgmt Grp Inc Inc has 1.35% invested in The Home Depot, Inc. (NYSE:HD). Ls Inv Advsr Limited Liability holds 1.52% or 155,723 shares. Raymond James Financial Ser Advsrs stated it has 0.49% in The Home Depot, Inc. (NYSE:HD). California-based Checchi Capital Advisers Limited Liability Com has invested 0.33% in The Home Depot, Inc. (NYSE:HD). Ifc Inc Fl reported 43,584 shares or 0.5% of all its holdings. Beck Mack & Oliver Limited Liability Co reported 22,264 shares stake. Heritage Wealth Advsrs has invested 0.19% in The Home Depot, Inc. (NYSE:HD). Drexel Morgan Com owns 4,490 shares. Kidder Stephen W has invested 2.89% in The Home Depot, Inc. (NYSE:HD). State Common Retirement Fund reported 3.34 million shares. Savant Capital Ltd Liability Corp reported 0.32% of its portfolio in The Home Depot, Inc. (NYSE:HD). Argi Invest Services Lc reported 3,537 shares. Train Babcock Advisors Limited Co owns 4,823 shares. 7,120 were accumulated by Ipswich Investment. Ameritas Invest Prtnrs Inc reported 0.2% stake.

Since September 7, 2017, it had 0 insider purchases, and 4 sales for $35.46 million activity. Menear Craig A sold 113,687 shares worth $20.89 million. 10,916 shares were sold by Roseborough Teresa Wynn, worth $1.97M.

Among 33 analysts covering The Home Depot Inc. (NYSE:HD), 24 have Buy rating, 0 Sell and 9 Hold. Therefore 73% are positive. The Home Depot Inc. had 113 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer on Tuesday, August 15 with “Buy”. As per Wednesday, February 21, the company rating was maintained by Stifel Nicolaus. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Monday, October 30 by RBC Capital Markets. The stock has “Buy” rating by Credit Suisse on Wednesday, November 29. As per Wednesday, November 15, the company rating was maintained by Argus Research. Bernstein initiated The Home Depot, Inc. (NYSE:HD) rating on Monday, February 6. Bernstein has “Mkt Perform” rating and $141 target. The company was maintained on Friday, December 22 by Stifel Nicolaus. The stock of The Home Depot, Inc. (NYSE:HD) has “Neutral” rating given on Monday, October 31 by Piper Jaffray. The firm earned “Buy” rating on Friday, January 26 by UBS. Jefferies maintained the shares of HD in report on Friday, May 13 with “Buy” rating.

Since January 29, 2018, it had 0 insider purchases, and 2 selling transactions for $9.28 million activity. $6.59M worth of Lockheed Martin Corporation (NYSE:LMT) was sold by HEWSON MARILLYN A.

Investors sentiment increased to 1.24 in 2017 Q3. Its up 0.17, from 1.07 in 2017Q2. It is positive, 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. Moreover, Point72 Asia (Hong Kong) Limited has 0.06% invested in Lockheed Martin Corporation (NYSE:LMT) for 294 shares. Invesco Ltd invested in 822,849 shares. Fmr Ltd Liability Com reported 2.24M shares. The Massachusetts-based Martingale Asset Management Ltd Partnership has invested 0.66% in Lockheed Martin Corporation (NYSE:LMT). Rhumbline Advisers accumulated 411,530 shares. Moreover, Victory Cap Mgmt has 0.02% invested in Lockheed Martin Corporation (NYSE:LMT) for 29,546 shares. 23,097 are owned by New Mexico Educational Retirement Board. 1,764 were reported by Meyer Handelman. Bahl & Gaynor Inc reported 644,242 shares. Jefferies Group Limited Liability invested in 0.01% or 2,616 shares. Windward Capital Mngmt Ca has 53,051 shares. Albion Financial Gru Ut holds 0.66% of its portfolio in Lockheed Martin Corporation (NYSE:LMT) for 13,858 shares. Ibm Retirement Fund reported 6,203 shares or 0.39% of all its holdings. Tru Of Vermont invested 0.36% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Alexandria Capital Limited Com has invested 0.1% of its portfolio in Lockheed Martin Corporation (NYSE:LMT).

Among 23 analysts covering Lockheed Martin Corporation (NYSE:LMT), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Lockheed Martin Corporation had 82 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $26300 target in Monday, July 10 report. Buckingham Research maintained it with “Buy” rating and $348 target in Thursday, October 5 report. The rating was downgraded by Berenberg on Tuesday, May 31 to “Hold”. The stock has “Buy” rating by Zacks on Thursday, September 3. The firm has “Buy” rating by Goldman Sachs given on Monday, January 4. Drexel maintained Lockheed Martin Corporation (NYSE:LMT) rating on Wednesday, October 21. Drexel has “Buy” rating and $229 target. As per Monday, August 21, the company rating was maintained by Jefferies. The rating was maintained by Wells Fargo on Tuesday, January 30 with “Hold”. Stifel Nicolaus downgraded Lockheed Martin Corporation (NYSE:LMT) on Friday, May 13 to “Hold” rating. The stock has “Buy” rating by Stifel Nicolaus on Monday, January 8.

The post Cordasco Financial Network Holds Stake in Lockheed Martin (LMT); Cincinnati Financial Lifted Stake in Home Depot (HD) by $2.20 Million appeared first on Stock Market News | HillCountryTimes | Get it Today.



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