Renaissance Group Decreased Its Holding in Lockheed Martin (LMT) by $2.49 Million; Jacobs Asset Management Decreased Its Stake in Popular (BPOP) by $3.96 Million

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Renaissance Group Llc decreased its stake in Lockheed Martin Corporation (LMT) by 9.26% based on its latest 2018Q2 regulatory filing with the SEC. Renaissance Group Llc sold 8,454 shares as the company’s stock rose 3.48% with the market. The institutional investor held 82,831 shares of the military and government and technical company at the end of 2018Q2, valued at $24.47M, down from 91,285 at the end of the previous reported quarter. Renaissance Group Llc who had been investing in Lockheed Martin Corporation for a number of months, seems to be less bullish one the $81.18 billion market cap company. The stock decreased 0.33% or $0.95 during the last trading session, reaching $285.4. About 1.41M shares traded. Lockheed Martin Corporation (NYSE:LMT) has risen 7.10% since December 8, 2017 and is uptrending. It has underperformed by 8.52% the S&P500. Some Historical LMT News: 07/05/2018 – Lockheed Martin Receives $828 M U.S. Army Contract for Guided MLRS Rocket Production; 07/05/2018 – PENTAGON, LOCKHEED AGREE ON CORROSION REPAIR PLAN: DOCUMENT; 03/04/2018 – Lockheed wins nearly $250 million NASA contract to build supersonic plane – without the sonic boom; 01/05/2018 – Ascent Aerospace – Global Tooling Systems an Elite Supplier to Lockheed Martin Aeronautics; 20/04/2018 – Martin Soong: Exclusive: Lockheed Martin to propose stealthy hybrid of F-22 and F-35 for Japan; 30/05/2018 – LOCKHEED CLOSE TO DEAL W/ PENTAGON FOR 11TH F-35 CONTRACT LOT; 24/04/2018 – INTERVIEW-Lockheed lauds U.S. arms sales push, sees foreign sales rising; 20/04/2018 – ABS-CBN News Channel: Lockheed Martin to propose stealthy hybrid of F-22 and F-35 for Japan; 14/04/2018 – Lockheed Martin-Led Team Hosts Christening for Future USS INDIANAPOLIS; 16/03/2018 – German defence ministry seeks continuity with new procurement chief

Jacobs Asset Management Llc decreased its stake in Popular Inc (BPOP) by 18.04% based on its latest 2018Q2 regulatory filing with the SEC. Jacobs Asset Management Llc sold 88,055 shares as the company’s stock rose 7.93% with the market. The institutional investor held 400,000 shares of the finance company at the end of 2018Q2, valued at $18.08M, down from 488,055 at the end of the previous reported quarter. Jacobs Asset Management Llc who had been investing in Popular Inc for a number of months, seems to be less bullish one the $5.25B market cap company. The stock decreased 1.08% or $0.57 during the last trading session, reaching $52.3. About 818,234 shares traded or 7.28% up from the average. Popular, Inc. (NASDAQ:BPOP) has risen 24.14% since December 8, 2017 and is uptrending. It has outperformed by 8.52% the S&P500. Some Historical BPOP News: 26/04/2018 – S&PGR Affirms Ratings on FirstBank Puerto Rico, OFG Bancorp, Popular Inc; 23/05/2018 – POPULAR INC BPOP.O – POPULAR EXPECTED TO RECORD PRE-TAX GAIN OF APPROXIMATELY $95 MLN; 19/04/2018 – Popular Announces Appointment of Betina Castellví as Chief Security Officer; 24/04/2018 – POPULAR INC QUARTERLY SHR $0.89; 25/05/2018 – POPULAR INC BPOP.O : COMPASS POINT RAISES TARGET PRICE TO $56 FROM $55; 24/04/2018 – Popular 1Q Noninterest Income $121.5

Among 17 analysts covering Popular Inc (NASDAQ:BPOP), 14 have Buy rating, 1 Sell and 2 Hold. Therefore 82% are positive. Popular Inc had 55 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Buy” rating by Citigroup on Tuesday, July 24. On Tuesday, January 23 the stock rating was maintained by Sandler O’Neill with “Buy”. The firm has “Buy” rating given on Thursday, February 25 by Compass Point. The firm has “Overweight” rating given on Tuesday, July 24 by Barclays Capital. As per Thursday, February 15, the company rating was maintained by Keefe Bruyette & Woods. BTIG Research maintained it with “Buy” rating and $46.0 target in Tuesday, January 23 report. The company was initiated on Thursday, December 21 by Citigroup. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, July 31. The stock has “Hold” rating by Keefe Bruyette & Woods on Monday, June 5. The firm has “Buy” rating given on Tuesday, January 12 by HSBC.

Investors sentiment decreased to 0.68 in 2018 Q2. Its down 0.65, from 1.33 in 2018Q1. It dived, as 19 investors sold BPOP shares while 94 reduced holdings. 31 funds opened positions while 46 raised stakes. 86.52 million shares or 1.81% less from 88.12 million shares in 2018Q1 were reported. Bank Of Ny Mellon Corp owns 538,695 shares. Grantham Mayo Van Otterloo & Lc invested in 80,861 shares. American Century Cos Incorporated invested 0.01% of its portfolio in Popular, Inc. (NASDAQ:BPOP). Pub Employees Retirement Association Of Colorado owns 19,503 shares. Proshare Advsr Ltd reported 14,976 shares stake. 26,253 were reported by Stone Ridge Asset Llc. Peak6 Investments Lp invested in 0.01% or 39,040 shares. Aperio Group Incorporated Limited Liability Corp has invested 0.02% in Popular, Inc. (NASDAQ:BPOP). Legal & General Gp Inc Plc has invested 0% in Popular, Inc. (NASDAQ:BPOP). Hanson Doremus Invest Mngmt reported 5,040 shares. Great West Life Assurance Can invested in 11,367 shares. Lsv Asset Management accumulated 497,100 shares or 0.04% of the stock. Tcw Gp invested in 0.04% or 113,575 shares. First Republic Inc holds 5,512 shares or 0% of its portfolio. Gam Holding Ag has invested 0.03% in Popular, Inc. (NASDAQ:BPOP).

Since July 25, 2018, it had 0 insider purchases, and 8 sales for $12.26 million activity. On Monday, November 5 the insider GUERRERO JUAN sold $319,860. The insider SEPULVEDA ELI sold 5,000 shares worth $251,500. Shares for $201,001 were sold by CESTERO LUIS E.. CARRION RICHARD L also sold $10.03M worth of Popular, Inc. (NASDAQ:BPOP) shares. 15,000 Popular, Inc. (NASDAQ:BPOP) shares with value of $752,250 were sold by NEGRON EDUARDO J.. ALVAREZ IGNACIO had sold 6,000 shares worth $301,920 on Monday, August 13.

Analysts await Popular, Inc. (NASDAQ:BPOP) to report earnings on January, 22. They expect $1.38 earnings per share, up 112.31% or $0.73 from last year’s $0.65 per share. BPOP’s profit will be $138.47M for 9.47 P/E if the $1.38 EPS becomes a reality. After $1.38 actual earnings per share reported by Popular, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

More notable recent Popular, Inc. (NASDAQ:BPOP) news were published by: Seekingalpha.com which released: “Popular gets a lift as BTIG boosts price target $5 to $58 – Seeking Alpha” on July 24, 2018, also Nasdaq.com with their article: “Zacks.com highlights: United States Cellular, Mosaic, Moog, Xilinx and Popular – Nasdaq” published on November 29, 2018, Nasdaq.com published: “Popular (BPOP) Hits 52-Week High, Can the Run Continue? – Nasdaq” on November 19, 2018. More interesting news about Popular, Inc. (NASDAQ:BPOP) were released by: Nasdaq.com and their article: “Validea Martin Zweig Strategy Daily Upgrade Report – 11/10/2018 – Nasdaq” published on November 10, 2018 as well as Nasdaq.com‘s news article titled: “Zacks.com featured highlights include: EnPro, Domtar, Unum, Popular and Wintrust – Nasdaq” with publication date: November 27, 2018.

Jacobs Asset Management Llc, which manages about $1.11B and $556.56M US Long portfolio, upped its stake in Carolina Finl Corp New (NASDAQ:CARO) by 14,072 shares to 192,500 shares, valued at $8.26M in 2018Q2, according to the filing. It also increased its holding in Athene Hldg Ltd by 350,000 shares in the quarter, for a total of 425,000 shares, and has risen its stake in Hancock Whitney Corporation (NASDAQ:HBHC).

Among 24 analysts covering Lockheed Martin Corporation (NYSE:LMT), 17 have Buy rating, 0 Sell and 7 Hold. Therefore 71% are positive. Lockheed Martin Corporation had 100 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, April 12 by Morgan Stanley. The rating was maintained by RBC Capital Markets with “Hold” on Monday, July 10. As per Wednesday, April 26, the company rating was maintained by Cowen & Co. The stock has “Hold” rating by RBC Capital Markets on Wednesday, October 25. Argus Research maintained Lockheed Martin Corporation (NYSE:LMT) rating on Thursday, October 22. Argus Research has “Buy” rating and $230 target. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, January 6. Berenberg initiated Lockheed Martin Corporation (NYSE:LMT) on Thursday, March 17 with “Buy” rating. Credit Suisse maintained Lockheed Martin Corporation (NYSE:LMT) rating on Wednesday, October 25. Credit Suisse has “Neutral” rating and $308 target. The stock of Lockheed Martin Corporation (NYSE:LMT) has “Buy” rating given on Thursday, September 28 by Robert W. Baird. The firm has “Buy” rating by Zacks given on Thursday, September 3.

Investors sentiment increased to 1.05 in 2018 Q2. Its up 0.10, from 0.95 in 2018Q1. It improved, as 66 investors sold LMT shares while 384 reduced holdings. 101 funds opened positions while 370 raised stakes. 215.56 million shares or 0.58% less from 216.82 million shares in 2018Q1 were reported. Employees Retirement Systems Of Texas has 0.16% invested in Lockheed Martin Corporation (NYSE:LMT). Liberty Mutual Gru Asset Mngmt holds 0.07% or 9,929 shares. Field & Main Bancorporation owns 0.1% invested in Lockheed Martin Corporation (NYSE:LMT) for 325 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.1% or 38,254 shares in its portfolio. Granite Investment Ltd Com invested 0.39% in Lockheed Martin Corporation (NYSE:LMT). Moreover, Fiduciary Fin Services Of The Southwest Tx has 1.11% invested in Lockheed Martin Corporation (NYSE:LMT) for 12,418 shares. Moreover, Summit Strategies has 0.15% invested in Lockheed Martin Corporation (NYSE:LMT) for 1,046 shares. Mufg Americas Corp holds 19,516 shares or 0.18% of its portfolio. 46,664 are held by Quantbot Technology Limited Partnership. Stifel Finance Corporation holds 0.25% of its portfolio in Lockheed Martin Corporation (NYSE:LMT) for 270,403 shares. Moreover, Cambridge Group has 0% invested in Lockheed Martin Corporation (NYSE:LMT). Natixis Advsrs Ltd Partnership reported 0.15% stake. First Heartland Consultants invested in 3,485 shares or 0.36% of the stock. Marietta Prtnrs Limited Liability Company has invested 0.21% in Lockheed Martin Corporation (NYSE:LMT). Federated Incorporated Pa has 0.07% invested in Lockheed Martin Corporation (NYSE:LMT).

Renaissance Group Llc, which manages about $2.82B US Long portfolio, upped its stake in Kddi Corp (KDDIY) by 24,168 shares to 1.34M shares, valued at $18.33 million in 2018Q2, according to the filing. It also increased its holding in Sony Corp (NYSE:SNE) by 9,500 shares in the quarter, for a total of 379,367 shares, and has risen its stake in Manulife Financial Corp (NYSE:MFC).

Since July 25, 2018, it had 0 insider purchases, and 3 insider sales for $13.89 million activity. Lavan Maryanne also sold $2.35M worth of Lockheed Martin Corporation (NYSE:LMT) on Wednesday, July 25. 11,203 shares were sold by Tanner Bruce L, worth $3.46 million on Wednesday, November 7.

Analysts await Lockheed Martin Corporation (NYSE:LMT) to report earnings on February, 4. They expect $4.34 EPS, up 0.93% or $0.04 from last year’s $4.3 per share. LMT’s profit will be $1.23B for 16.44 P/E if the $4.34 EPS becomes a reality. After $5.14 actual EPS reported by Lockheed Martin Corporation for the previous quarter, Wall Street now forecasts -15.56% negative EPS growth.

More notable recent Lockheed Martin Corporation (NYSE:LMT) news were published by: Bizjournals.com which released: “Orlando area Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) get big missile and aircraft military work – Orlando – Orlando Business Journal” on November 20, 2018, also Fool.com with their article: “Despite Air Force Concerns, Pentagon Says Space Force Is Affordable – The Motley Fool” published on November 23, 2018, Streetinsider.com published: “Lockheed Martin (LMT) Says it was Awarded $108 Million for IRST21 Sensor System – StreetInsider.com” on November 26, 2018. More interesting news about Lockheed Martin Corporation (NYSE:LMT) were released by: Bizjournals.com and their article: “Amazon, Lockheed Martin Space team up to offer satellite cloud computing services – Denver Business Journal” published on November 29, 2018 as well as Gurufocus.com‘s news article titled: “Lockheed Martin Earns Seven ENERGY STAR Certifications, Three LEED Silver Ratings – GuruFocus.com” with publication date: November 29, 2018.

Lockheed Martin Corporation (NYSE:LMT) Institutional Positions Chart

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