Cutera (CUTR) Market Value Declined While De Burlo Group Increased by $1.74 Million Its Holding; As Lockheed Martin (LMT) Stock Price Rose, Shareholder Steinberg Global Asset Management Decreased Its Holding by $965,960

January 14, 2018 - By Marie Mckinney

De Burlo Group Inc increased its stake in Cutera Inc (CUTR) by 90.81% based on its latest 2017Q3 regulatory filing with the SEC. De Burlo Group Inc bought 42,500 shares as the company’s stock declined 3.12% while stock markets rallied. The institutional investor held 89,300 shares of the health care company at the end of 2017Q3, valued at $3.69 million, up from 46,800 at the end of the previous reported quarter. De Burlo Group Inc who had been investing in Cutera Inc for a number of months, seems to be bullish on the $697.60M market cap company. The stock increased 2.03% or $1 during the last trading session, reaching $50.35. About 273,894 shares traded. Cutera, Inc. (NASDAQ:CUTR) has risen 102.00% since January 14, 2017 and is uptrending. It has outperformed by 85.30% the S&P500.

Steinberg Global Asset Management decreased its stake in Lockheed Martin Corp (LMT) by 14.32% based on its latest 2017Q3 regulatory filing with the SEC. Steinberg Global Asset Management sold 3,116 shares as the company’s stock rose 2.80% with the market. The institutional investor held 18,645 shares of the military and government and technical company at the end of 2017Q3, valued at $5.79M, down from 21,761 at the end of the previous reported quarter. Steinberg Global Asset Management who had been investing in Lockheed Martin Corp for a number of months, seems to be less bullish one the $96.41B market cap company. The stock increased 1.55% or $5.12 during the last trading session, reaching $336.25. About 1.43 million shares traded or 42.15% up from the average. Lockheed Martin Corporation (NYSE:LMT) has risen 14.19% since January 14, 2017 and is uptrending. It has underperformed by 2.51% the S&P500.

Among 21 analysts covering Lockheed Martin Corporation (NYSE:LMT), 13 have Buy rating, 0 Sell and 8 Hold. Therefore 62% are positive. Lockheed Martin Corporation had 70 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Tuesday, July 18 by RBC Capital Markets. Zacks upgraded Lockheed Martin Corporation (NYSE:LMT) rating on Thursday, September 3. Zacks has “Buy” rating and $229 target. The stock has “Hold” rating by Stifel Nicolaus on Friday, May 13. RBC Capital Markets upgraded the shares of LMT in report on Wednesday, January 6 to “Outperform” rating. The company was maintained on Thursday, July 13 by Jefferies. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, January 25 report. The firm has “Hold” rating given on Friday, June 9 by RBC Capital Markets. The firm has “Buy” rating given on Monday, January 8 by Stifel Nicolaus. Jefferies maintained it with “Hold” rating and $26500 target in Wednesday, July 19 report. The company was maintained on Wednesday, November 15 by RBC Capital Markets.

Analysts await Lockheed Martin Corporation (NYSE:LMT) to report earnings on January, 23. They expect $4.06 EPS, up 24.92% or $0.81 from last year’s $3.25 per share. LMT’s profit will be $1.16 billion for 20.71 P/E if the $4.06 EPS becomes a reality. After $3.24 actual EPS reported by Lockheed Martin Corporation for the previous quarter, Wall Street now forecasts 25.31% EPS growth.

Since August 15, 2017, it had 0 insider purchases, and 3 selling transactions for $18.05 million activity. On Tuesday, August 15 the insider Tanner Bruce L sold $15.21 million. The insider Carvalho Orlando D sold $2.73M.

Steinberg Global Asset Management, which manages about $604.10 million and $680.23 million US Long portfolio, upped its stake in Mondelez Intl Inc (NASDAQ:MDLZ) by 51,079 shares to 78,153 shares, valued at $3.18 million in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (IUSG) by 8,939 shares in the quarter, for a total of 140,173 shares, and has risen its stake in Celgene Corp (NASDAQ:CELG).

Investors sentiment increased to 1.24 in Q3 2017. 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. Schwab Charles Mgmt, a California-based fund reported 1.26 million shares. Segall Bryant And Hamill Limited Liability Com stated it has 1,518 shares. Thompson Siegel & Walmsley Llc reported 0% stake. Legg Mason Asset Mngmt (Japan) invested 1.74% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Federated Investors Incorporated Pa reported 0.05% in Lockheed Martin Corporation (NYSE:LMT). Raymond James Financial Services Advsrs Incorporated owns 0.17% invested in Lockheed Martin Corporation (NYSE:LMT) for 85,953 shares. West Oak Capital Ltd Limited Liability Company reported 1.26% stake. Brown Advisory, Maryland-based fund reported 34,377 shares. Vantage Advsr Limited Liability invested in 17,183 shares or 1.37% of the stock. West Virginia-based Wesbanco Bancorp has invested 0.3% in Lockheed Martin Corporation (NYSE:LMT). Wealthfront owns 0.06% invested in Lockheed Martin Corporation (NYSE:LMT) for 13,638 shares. Catalyst Cap Ltd Liability holds 0.18% or 13,211 shares in its portfolio. Tctc Limited, Texas-based fund reported 674 shares. Cetera Advsr Ltd Liability holds 0.23% or 12,028 shares. Burns J W & Incorporated New York reported 0.13% in Lockheed Martin Corporation (NYSE:LMT).

Since August 15, 2017, it had 0 insider buys, and 13 insider sales for $2.88 million activity. Pardos Miguel sold 10,000 shares worth $467,000. The insider APFELBERG DAVID B sold $47,400. Laber Larry also sold $264,980 worth of Cutera, Inc. (NASDAQ:CUTR) shares. OShea Timothy J sold $156,840 worth of Cutera, Inc. (NASDAQ:CUTR) on Monday, October 16. Another trade for 7,175 shares valued at $325,386 was made by Reinstein James A. on Tuesday, January 2.

Investors sentiment decreased to 1.13 in 2017 Q3. Its down 1.09, from 2.22 in 2017Q2. It dropped, as 10 investors sold CUTR shares while 43 reduced holdings. 30 funds opened positions while 30 raised stakes. 11.40 million shares or 1.35% less from 11.56 million shares in 2017Q2 were reported. Legal General Grp Inc Public Limited Co invested 0% in Cutera, Inc. (NASDAQ:CUTR). Ameritas Investment Prtn stated it has 1,118 shares. Macquarie Gp Limited has invested 0% of its portfolio in Cutera, Inc. (NASDAQ:CUTR). Morgan Stanley, New York-based fund reported 139,621 shares. Goldman Sachs Gp has invested 0% in Cutera, Inc. (NASDAQ:CUTR). Koch Industries Inc owns 5,521 shares for 0.05% of their portfolio. Schwab Charles Inv Incorporated, a California-based fund reported 32,648 shares. Teton Advisors Inc invested in 1.22% or 319,000 shares. Moreover, Raymond James & Associates has 0% invested in Cutera, Inc. (NASDAQ:CUTR). Meeder Asset Management owns 22 shares or 0% of their US portfolio. Systematic LP holds 0.01% or 11,065 shares. Mackenzie Corp holds 6,690 shares or 0% of its portfolio. 29,105 are owned by New York State Common Retirement Fund. 89,300 were accumulated by De Burlo Gru Incorporated. Tower Capital Limited Liability (Trc) owns 1,157 shares.

De Burlo Group Inc, which manages about $619.44 million and $451.20M US Long portfolio, decreased its stake in Masco Corp (NYSE:MAS) by 91,100 shares to 145,150 shares, valued at $5.66 million in 2017Q3, according to the filing. It also reduced its holding in Fortune Brands Home & Security In (NYSE:FBHS) by 14,800 shares in the quarter, leaving it with 54,450 shares, and cut its stake in Smith A O (NYSE:AOS).

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By1 Marie Mckinney







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