General Dynamics Com (GD) Valuation Rose While Zeke Capital Advisors Has Cut Stake by $356,265; Lockheed Martin (LMT) Shares Rose While Swarthmore Group Raised by $321,000 Its Position

May 19, 2018 - By Vivian Park

General Dynamics Corporation (NYSE:GD) Logo

Swarthmore Group Inc increased its stake in Lockheed Martin Corp (LMT) by 4.13% based on its latest 2017Q4 regulatory filing with the SEC. Swarthmore Group Inc bought 1,000 shares as the company’s stock rose 6.55% while stock markets declined. The institutional investor held 25,225 shares of the military and government and technical company at the end of 2017Q4, valued at $8.10M, up from 24,225 at the end of the previous reported quarter. Swarthmore Group Inc who had been investing in Lockheed Martin Corp for a number of months, seems to be bullish on the $91.50B market cap company. The stock increased 0.01% or $0.03 during the last trading session, reaching $320.45. About 1.01 million shares traded. Lockheed Martin Corporation (NYSE:LMT) has risen 26.83% since May 19, 2017 and is uptrending. It has outperformed by 15.28% the S&P500.

Zeke Capital Advisors Llc decreased its stake in General Dynamics Corp Com (GD) by 38.54% based on its latest 2017Q4 regulatory filing with the SEC. Zeke Capital Advisors Llc sold 1,755 shares as the company’s stock rose 9.09% while stock markets declined. The hedge fund held 2,799 shares of the marine transportation company at the end of 2017Q4, valued at $569,000, down from 4,554 at the end of the previous reported quarter. Zeke Capital Advisors Llc who had been investing in General Dynamics Corp Com for a number of months, seems to be less bullish one the $60.16B market cap company. The stock increased 0.38% or $0.76 during the last trading session, reaching $202.52. About 2.02M shares traded or 31.04% up from the average. General Dynamics Corporation (NYSE:GD) has risen 19.18% since May 19, 2017 and is uptrending. It has outperformed by 7.63% the S&P500.

Swarthmore Group Inc, which manages about $1.77 billion and $468.19 million US Long portfolio, decreased its stake in Schlumberger Ltd (NYSE:SLB) by 22,450 shares to 77,200 shares, valued at $5.20 million in 2017Q4, according to the filing. It also reduced its holding in D R Horton Inc (NYSE:DHI) by 52,300 shares in the quarter, leaving it with 216,525 shares, and cut its stake in Select Sector Spdr Tr (XLV).

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 85 analyst reports since July 21, 2015 according to SRatingsIntel. Buckingham Research maintained Lockheed Martin Corporation (NYSE:LMT) on Thursday, October 5 with “Buy” rating. The stock of Lockheed Martin Corporation (NYSE:LMT) has “Buy” rating given on Wednesday, October 25 by Stifel Nicolaus. The rating was upgraded by Zacks on Thursday, September 3 to “Buy”. Deutsche Bank upgraded the shares of LMT in report on Wednesday, November 9 to “Buy” rating. The rating was maintained by Jefferies with “Hold” on Wednesday, July 19. The firm has “Market Perform” rating given on Tuesday, January 16 by Wells Fargo. The firm earned “Buy” rating on Tuesday, January 30 by Citigroup. The rating was maintained by Barclays Capital on Monday, May 2 with “Underweight”. The rating was initiated by RBC Capital Markets on Thursday, January 12 with “Sector Perform”. The rating was maintained by RBC Capital Markets on Wednesday, January 25 with “Sector Perform”.

Investors sentiment decreased to 1.18 in 2017 Q4. Its down 0.06, from 1.24 in 2017Q3. It worsened, as 37 investors sold LMT shares while 381 reduced holdings. 103 funds opened positions while 390 raised stakes. 218.89 million shares or 1.12% less from 221.38 million shares in 2017Q3 were reported. Wilbanks Smith Thomas Asset Mngmt Ltd Liability Company has invested 0.1% in Lockheed Martin Corporation (NYSE:LMT). Raymond James Inc has 92,035 shares. Hartford Inv Mngmt Company invested in 52,859 shares or 0.31% of the stock. Highland Management Limited Liability holds 28,029 shares. Walleye Trading Ltd has 0.03% invested in Lockheed Martin Corporation (NYSE:LMT). Birinyi Assoc has 1.38% invested in Lockheed Martin Corporation (NYSE:LMT). Ny State Common Retirement Fund invested 0.27% in Lockheed Martin Corporation (NYSE:LMT). Kornitzer Cap Mngmt Ks owns 640 shares. Sawgrass Asset Mgmt Ltd Liability Corp stated it has 1.32% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Bancorp Of The West invested in 0.12% or 3,022 shares. Independence Trust holds 0.46% of its portfolio in Lockheed Martin Corporation (NYSE:LMT) for 1,297 shares. Willingdon Wealth Mngmt holds 1.21% of its portfolio in Lockheed Martin Corporation (NYSE:LMT) for 11,450 shares. Brinker Capital has 0.03% invested in Lockheed Martin Corporation (NYSE:LMT) for 2,612 shares. Mitsubishi Ufj Trust And Banking Corp holds 597,928 shares or 0.33% of its portfolio. First Heartland Consultants owns 2,384 shares.

More notable recent Lockheed Martin Corporation (NYSE:LMT) news were published by: Bizjournals.com which released: “Lockheed Martin, Northrop Grumman, more, land $41.7M in local defense work” on May 04, 2018, also Seekingalpha.com with their article: “Lockheed Martin Bombs On Good News” published on May 09, 2018, Bizjournals.com published: “Lockheed Martin resumes F-35 delivery after repair dispute — and that’s good news for Orlando” on May 09, 2018. More interesting news about Lockheed Martin Corporation (NYSE:LMT) were released by: Seekingalpha.com and their article: “Lockheed supports next mission to Mars” published on May 06, 2018 as well as Seekingalpha.com‘s news article titled: “Lockheed Martin: Opportunity On Price Drop” with publication date: April 27, 2018.

Since January 29, 2018, it had 0 buys, and 2 sales for $9.28 million activity. The insider Ambrose Richard F sold 7,517 shares worth $2.69M.

Zeke Capital Advisors Llc, which manages about $2.12 billion and $953.11M US Long portfolio, upped its stake in Mondelez Intl Inc Cl A (NASDAQ:MDLZ) by 9,167 shares to 27,433 shares, valued at $1.17M in 2017Q4, according to the filing. It also increased its holding in Pnc Finl Svcs Group Inc Com (NYSE:PNC) by 7,717 shares in the quarter, for a total of 15,710 shares, and has risen its stake in Vanguard Value Index Fund (VTV).

Since February 14, 2018, it had 0 insider purchases, and 8 selling transactions for $8.28 million activity. LYLES LESTER L sold $1.15 million worth of stock or 5,210 shares. Shares for $814,050 were sold by Roualet Mark C.. On Wednesday, February 14 the insider Johnson S. Daniel sold $754,828. KEANE JOHN M also sold $389,574 worth of General Dynamics Corporation (NYSE:GD) on Wednesday, February 14. Whited Gary L also sold $1.34 million worth of General Dynamics Corporation (NYSE:GD) on Tuesday, March 6.

Analysts await General Dynamics Corporation (NYSE:GD) to report earnings on July, 25. They expect $2.56 earnings per share, up 4.49% or $0.11 from last year’s $2.45 per share. GD’s profit will be $760.40M for 19.78 P/E if the $2.56 EPS becomes a reality. After $2.65 actual earnings per share reported by General Dynamics Corporation for the previous quarter, Wall Street now forecasts -3.40% negative EPS growth.

Investors sentiment decreased to 1.07 in Q4 2017. Its down 0.01, from 1.08 in 2017Q3. It turned negative, as 43 investors sold GD shares while 328 reduced holdings. 108 funds opened positions while 290 raised stakes. 229.66 million shares or 10.22% less from 255.81 million shares in 2017Q3 were reported. 37,975 were accumulated by Rothschild Invest Corporation Il. Baystate Wealth Mngmt Lc reported 258 shares. Holowesko Prns Ltd accumulated 1,500 shares. Perigon Wealth Mngmt Limited Liability Company holds 0.02% in General Dynamics Corporation (NYSE:GD) or 295 shares. 1,043 are owned by Meristem Limited Liability Partnership. Glob X Mngmt Limited Co has invested 0% in General Dynamics Corporation (NYSE:GD). Alpine Woods Capital Ltd Liability reported 19,000 shares. Walleye Trading Ltd Liability invested in 0.01% or 10,481 shares. Moreno Evelyn V has 0.91% invested in General Dynamics Corporation (NYSE:GD). 8,640 were accumulated by Palo Cap. Rafferty Asset Management Ltd has 0.04% invested in General Dynamics Corporation (NYSE:GD). Finemark Retail Bank holds 29,558 shares or 0.38% of its portfolio. 186,385 are owned by Employees Retirement Of Ohio. New York-based Morgan Stanley has invested 0.08% in General Dynamics Corporation (NYSE:GD). Deutsche Bank Ag holds 640,601 shares or 0.08% of its portfolio.

General Dynamics Corporation (NYSE:GD) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Vivian Park

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: