Wealthtrust-Arizona Increases Holding in Lockheed Martin (LMT); White Elm Capital Continues to Hold Stake in Huntington Bancshares (HBAN)

February 15, 2018 - By Winifred Garcia

Wealthtrust-Arizona Llc increased its stake in Lockheed Martin Corp (LMT) by 660% based on its latest 2017Q3 regulatory filing with the SEC. Wealthtrust-Arizona Llc bought 1,320 shares as the company’s stock rose 2.80% with the market. The institutional investor held 1,520 shares of the military and government and technical company at the end of 2017Q3, valued at $472,000, up from 200 at the end of the previous reported quarter. Wealthtrust-Arizona Llc who had been investing in Lockheed Martin Corp for a number of months, seems to be bullish on the $101.69B market cap company. The stock increased 1.26% or $4.43 during the last trading session, reaching $354.66. About 1.65 million shares traded or 26.68% up from the average. Lockheed Martin Corporation (NYSE:LMT) has risen 14.19% since February 15, 2017 and is uptrending. It has underperformed by 2.51% the S&P500.

Matthew Iorio increased its stake in Huntington Bancshares Inc (HBAN) by 17.38% based on its latest 2017Q3 regulatory filing with the SEC. White Elm Capital Llc bought 219,400 shares as the company’s stock declined 11.04% while stock markets rallied. The hedge fund run by Matthew Iorio held 1.48M shares of the major banks company at the end of 2017Q3, valued at $20.69M, up from 1.26 million at the end of the previous reported quarter. White Elm Capital Llc who had been investing in Huntington Bancshares Inc for a number of months, seems to be bullish on the $17.04B market cap company. The stock increased 2.38% or $0.37 during the last trading session, reaching $15.89. About 13.73 million shares traded or 30.19% up from the average. Huntington Bancshares Incorporated (NASDAQ:HBAN) has risen 22.99% since February 15, 2017 and is uptrending. It has outperformed by 6.29% the S&P500.

Wealthtrust-Arizona Llc, which manages about $431.30 million and $197.14 million US Long portfolio, decreased its stake in Powershares Etf Trust (PWV) by 25,340 shares to 682,160 shares, valued at $25.49 million in 2017Q3, according to the filing. It also reduced its holding in Rydex Etf Trust (RPG) by 75,835 shares in the quarter, leaving it with 176,398 shares, and cut its stake in Ishares Tr (IJR).

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. Psagot Invest House Ltd owns 743 shares or 0.01% of their US portfolio. Liberty Mutual Asset holds 0.19% or 11,069 shares. Wellington Shields Capital Limited Co, a New York-based fund reported 13,940 shares. Thrivent Fincl For Lutherans stated it has 0.01% in Lockheed Martin Corporation (NYSE:LMT). Coldstream Capital Mngmt invested 0.04% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Thompson Siegel And Walmsley Limited owns 100 shares for 0% of their portfolio. Sva Plumb Wealth Management Limited Liability owns 10,845 shares for 0.42% of their portfolio. Capital Guardian Co accumulated 22,897 shares or 0.12% of the stock. Wheatland Advsr has invested 0.19% in Lockheed Martin Corporation (NYSE:LMT). Guyasuta Investment Advsr Inc invested in 0.15% or 4,137 shares. Sol Capital Mgmt invested in 3,384 shares or 0.3% of the stock. B T Capital Mngmt Dba Alpha Capital Mngmt reported 9,137 shares. Invsts Asset Mgmt Of Georgia Ga Adv accumulated 5,075 shares. Alpha Cubed Investments Limited Liability Corp has 53,641 shares for 2.51% of their portfolio. Keating Invest Counselors reported 5.12% of its portfolio in Lockheed Martin Corporation (NYSE:LMT).

Since August 15, 2017, it had 0 insider purchases, and 2 selling transactions for $9.28 million activity. On Tuesday, August 15 the insider Tanner Bruce L sold $15.21 million. Another trade for 8,870 shares valued at $2.73 million was made by Carvalho Orlando D on Tuesday, August 15. Shares for $107,167 were sold by Colan Brian P on Tuesday, August 15. Shares for $6.59 million were sold by HEWSON MARILLYN A.

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 81 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, January 8 the stock rating was maintained by Stifel Nicolaus with “Buy”. Buckingham Research maintained the shares of LMT in report on Thursday, October 5 with “Buy” rating. Barclays Capital maintained the shares of LMT in report on Tuesday, February 16 with “Underweight” rating. On Tuesday, January 30 the stock rating was maintained by Credit Suisse with “Hold”. The rating was maintained by RBC Capital Markets with “Hold” on Wednesday, October 25. On Monday, August 21 the stock rating was maintained by Jefferies with “Hold”. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, January 27. Credit Suisse maintained Lockheed Martin Corporation (NYSE:LMT) on Wednesday, October 25 with “Neutral” rating. The stock of Lockheed Martin Corporation (NYSE:LMT) has “Hold” rating given on Wednesday, July 19 by Jefferies. Barclays Capital downgraded Lockheed Martin Corporation (NYSE:LMT) rating on Monday, November 30. Barclays Capital has “Underweight” rating and $210 target.

Investors sentiment decreased to 0.96 in Q3 2017. Its down 0.03, from 0.99 in 2017Q2. It fall, as 38 investors sold HBAN shares while 175 reduced holdings. 48 funds opened positions while 156 raised stakes. 791.23 million shares or 0.57% less from 795.73 million shares in 2017Q2 were reported. Fifth Third National Bank has invested 0.01% of its portfolio in Huntington Bancshares Incorporated (NASDAQ:HBAN). Schwab Charles Invest Mngmt holds 0.04% or 3.61M shares in its portfolio. Deutsche Commercial Bank Ag has 0.01% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 1.40M shares. Old Mutual Customised Solutions (Proprietary) Ltd owns 13,508 shares for 0.03% of their portfolio. Raymond James & Assocs has 0.04% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 1.39 million shares. Westpac Corp reported 63,469 shares stake. Advisory Rech owns 45,782 shares or 0.01% of their US portfolio. Global X Mgmt has invested 0.02% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Credit Suisse Ag holds 0.02% of its portfolio in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 1.20M shares. Hancock Holdg Co owns 154,348 shares. Moreover, Fsi Group Limited Liability has 4.11% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 414,960 shares. First Finance Corp In holds 0.01% or 1,000 shares in its portfolio. Moreover, Elizabeth Park Capital Advsr Limited has 4.71% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 869,196 shares. Mason Street Advisors Limited, a Wisconsin-based fund reported 151,314 shares. Cwm Limited Liability Corporation holds 0% or 34 shares in its portfolio.

Among 30 analysts covering Huntington Bancshares Incorporated (NASDAQ:HBAN), 16 have Buy rating, 0 Sell and 14 Hold. Therefore 53% are positive. Huntington Bancshares Incorporated had 87 analyst reports since August 6, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Huntington Bancshares Incorporated (NASDAQ:HBAN) rating on Wednesday, December 13. Keefe Bruyette & Woods has “Hold” rating and $14.25 target. The firm has “Hold” rating given on Thursday, April 21 by Evercore. The stock of Huntington Bancshares Incorporated (NASDAQ:HBAN) has “Buy” rating given on Thursday, October 26 by Nomura. As per Monday, December 18, the company rating was maintained by BMO Capital Markets. PiperJaffray upgraded the shares of HBAN in report on Friday, August 11 to “Overweight” rating. BMO Capital Markets maintained the shares of HBAN in report on Tuesday, October 3 with “Buy” rating. The firm has “Buy” rating given on Wednesday, September 13 by Jefferies. The stock has “Buy” rating by Jefferies on Friday, October 20. The firm has “Buy” rating given on Friday, February 9 by Hilliard Lyons. The stock has “Buy” rating by Jefferies on Friday, August 11.

Since August 23, 2017, it had 0 insider purchases, and 1 insider sale for $203,384 activity.

White Elm Capital Llc, which manages about $1.86 billion and $505.34 million US Long portfolio, decreased its stake in Charter Communications Inc N by 24,577 shares to 50,303 shares, valued at $18.28M in 2017Q3, according to the filing. It also reduced its holding in Mastercard Incorporated (NYSE:MA) by 33,300 shares in the quarter, leaving it with 145,860 shares, and cut its stake in Paypal Hldgs Inc.

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By1 Winifred Garcia

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