As Lockheed Martin (LMT) Market Value Rose, Shareholder Efg Asset Management Americas Has Lowered Position; As Abm Inds (ABM) Stock Value Rose, Indexiq Advisors Has Boosted Holding

February 23, 2018 - By Marie Mckinney

Indexiq Advisors Llc increased its stake in Abm Inds Inc (ABM) by 83.01% based on its latest 2017Q3 regulatory filing with the SEC. Indexiq Advisors Llc bought 9,017 shares as the company’s stock rose 2.23% with the market. The institutional investor held 19,880 shares of the diversified commercial services company at the end of 2017Q3, valued at $829,000, up from 10,863 at the end of the previous reported quarter. Indexiq Advisors Llc who had been investing in Abm Inds Inc for a number of months, seems to be bullish on the $2.40 billion market cap company. The stock increased 1.40% or $0.51 during the last trading session, reaching $36.65. About 183,823 shares traded. ABM Industries Incorporated (NYSE:ABM) has risen 26.04% since February 23, 2017 and is uptrending. It has outperformed by 9.34% the S&P500.

Efg Asset Management Americas Corp decreased its stake in Lockheed Martin Corp (LMT) by 31.54% based on its latest 2017Q3 regulatory filing with the SEC. Efg Asset Management Americas Corp sold 1,456 shares as the company’s stock rose 2.80% with the market. The institutional investor held 3,161 shares of the military and government and technical company at the end of 2017Q3, valued at $981,000, down from 4,617 at the end of the previous reported quarter. Efg Asset Management Americas Corp who had been investing in Lockheed Martin Corp for a number of months, seems to be less bullish one the $101.37B market cap company. The stock increased 0.42% or $1.51 during the last trading session, reaching $356.92. About 574,481 shares traded. Lockheed Martin Corporation (NYSE:LMT) has risen 14.19% since February 23, 2017 and is uptrending. It has underperformed by 2.51% the S&P500.

Since January 29, 2018, it had 0 insider purchases, and 2 sales for $9.28 million activity. 7,517 shares valued at $2.69M were sold by Ambrose Richard F on Thursday, February 1.

Efg Asset Management Americas Corp, which manages about $1.65B and $263.82 million US Long portfolio, upped its stake in Ishares Tr (EEM) by 31,117 shares to 74,775 shares, valued at $3.48M in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (IWM) by 14,451 shares in the quarter, for a total of 51,700 shares, and has risen its stake in Celgene Corp (NASDAQ:CELG).

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. Burns J W Company New York owns 1,613 shares or 0.13% of their US portfolio. Efg Asset Management (Americas) stated it has 0.37% in Lockheed Martin Corporation (NYSE:LMT). Bryn Mawr Trust Communication owns 3,625 shares. Srb Corporation reported 0.02% in Lockheed Martin Corporation (NYSE:LMT). 105,005 are owned by Calamos Advisors Ltd Liability Co. First Heartland Consultants Inc invested 0.19% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Shamrock Asset Ltd Llc, Texas-based fund reported 900 shares. Gotham Asset Mngmt Ltd Liability Company holds 0.54% or 119,471 shares in its portfolio. Exxonmobil Mgmt Tx reported 0.36% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Pittenger And Anderson accumulated 9,835 shares or 0.28% of the stock. Donaldson Capital Mngmt Ltd Liability Co has 99,737 shares. Barclays Public Ltd Company accumulated 155,879 shares. Checchi Cap Advisers holds 0.1% or 3,349 shares in its portfolio. Asset Strategies Inc invested in 5,731 shares or 1.01% of the stock. 3,437 were reported by Oakworth Inc.

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. The rating was maintained by RBC Capital Markets on Sunday, October 8 with “Hold”. The firm earned “Buy” rating on Thursday, September 3 by Zacks. As per Thursday, October 22, the company rating was maintained by Argus Research. On Wednesday, October 25 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm earned “Hold” rating on Monday, January 29 by RBC Capital Markets. Robert W. Baird maintained Lockheed Martin Corporation (NYSE:LMT) on Tuesday, January 30 with “Buy” rating. The firm has “Buy” rating given on Monday, January 8 by Stifel Nicolaus. The firm has “Buy” rating by Berenberg given on Thursday, March 17. The stock of Lockheed Martin Corporation (NYSE:LMT) has “Underweight” rating given on Monday, November 30 by Barclays Capital. The rating was maintained by RBC Capital Markets on Tuesday, January 23 with “Hold”.

Analysts await Lockheed Martin Corporation (NYSE:LMT) to report earnings on April, 24. They expect $3.39 earnings per share, up 13.00% or $0.39 from last year’s $3 per share. LMT’s profit will be $962.76 million for 26.32 P/E if the $3.39 EPS becomes a reality. After $4.30 actual earnings per share reported by Lockheed Martin Corporation for the previous quarter, Wall Street now forecasts -21.16% negative EPS growth.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.14, from 1.11 in 2017Q2. It is negative, as 20 investors sold ABM shares while 56 reduced holdings. 21 funds opened positions while 53 raised stakes. 59.25 million shares or 17.38% more from 50.48 million shares in 2017Q2 were reported. Aperio Grp Ltd holds 36,257 shares or 0.01% of its portfolio. Mason Street Advisors Limited Liability Corp reported 14,127 shares. 4,800 are owned by Gofen & Glossberg Limited Il. Laurion Mgmt Ltd Partnership accumulated 29,500 shares or 0.01% of the stock. Moreover, Raymond James Fincl Service Inc has 0% invested in ABM Industries Incorporated (NYSE:ABM). Bridgeway Cap Management Inc has 102,900 shares for 0.05% of their portfolio. Ngam Limited Partnership holds 0.04% or 100,943 shares in its portfolio. Jefferies Group Ltd Com accumulated 7,852 shares. Lee Thomas H Prns Ltd Partnership holds 4.52M shares. Ny State Common Retirement Fund invested in 0.01% or 123,585 shares. 144 were reported by Northwestern Mutual Wealth Management Co. Ameritas Invest Ptnrs holds 0.01% of its portfolio in ABM Industries Incorporated (NYSE:ABM) for 4,816 shares. Envestnet Asset Management has invested 0% in ABM Industries Incorporated (NYSE:ABM). Natixis invested 0% in ABM Industries Incorporated (NYSE:ABM). Redmond Asset Mngmt Limited Liability Company holds 0.22% or 11,353 shares in its portfolio.

Among 4 analysts covering ABM Industries (NYSE:ABM), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. ABM Industries had 14 analyst reports since August 31, 2015 according to SRatingsIntel. On Thursday, August 24 the stock rating was maintained by Robert W. Baird with “Buy”. Imperial Capital maintained the shares of ABM in report on Thursday, June 23 with “In-Line” rating. Sidoti downgraded the stock to “Neutral” rating in Wednesday, November 16 report. The firm has “In-Line” rating by Imperial Capital given on Wednesday, January 4. Robert W. Baird maintained ABM Industries Incorporated (NYSE:ABM) rating on Thursday, December 14. Robert W. Baird has “Buy” rating and $44.0 target. The firm has “Buy” rating given on Monday, October 2 by Robert W. Baird. The company was upgraded on Thursday, March 9 by Robert W. Baird. The stock has “Outperform” rating by Robert W. Baird on Thursday, July 13. The firm earned “Buy” rating on Wednesday, May 31 by Robert W. Baird. The company was downgraded on Thursday, October 29 by KeyBanc Capital Markets.

Indexiq Advisors Llc, which manages about $1.21B and $2.32 billion US Long portfolio, decreased its stake in Ishares Tr (MBB) by 53,666 shares to 40,692 shares, valued at $4.36 million in 2017Q3, according to the filing. It also reduced its holding in Schlumberger Ltd (NYSE:SLB) by 19,150 shares in the quarter, leaving it with 4,896 shares, and cut its stake in Pimco Etf Tr (STPZ).

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