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Lockheed Martin Corporation (LMT) Position Upped by Huntington National Bank

Lockheed Martin Corporation (NYSE:LMT) LogoInvestors sentiment increased to 1.05 in Q2 2018. Its up 0.10, from 0.95 in 2018Q1. It increased, 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. Moreover, Brinker Capital has 0.11% invested in Lockheed Martin Corporation (NYSE:LMT). Macroview Inv Mngmt Limited Com holds 0.08% of its portfolio in Lockheed Martin Corporation (NYSE:LMT) for 73 shares. Beck Mack And Oliver Limited Liability Com reported 1,533 shares or 0.02% of all its holdings. Rbo Com Limited Liability Com has 34,196 shares for 2.54% of their portfolio. The Kentucky-based Kentucky Retirement has invested 0.32% in Lockheed Martin Corporation (NYSE:LMT). Panagora Asset Mngmt invested 0.42% in Lockheed Martin Corporation (NYSE:LMT). Villere St Denis J & Co Ltd Liability Com, a Louisiana-based fund reported 21,957 shares. 5,499 are held by Hallmark Mngmt Inc. Burns J W & Com holds 0.13% or 1,717 shares. Blue Chip Prns has invested 1.61% in Lockheed Martin Corporation (NYSE:LMT). Confluence Wealth Management Limited Liability Corp owns 1,556 shares. L S Advisors accumulated 4,523 shares. Guggenheim reported 129,340 shares. Davis R M holds 0.03% in Lockheed Martin Corporation (NYSE:LMT) or 2,582 shares. 11,376 are owned by Blair William And Il.

Since July 25, 2018, it had 0 insider purchases, and 2 selling transactions for $10.44 million activity. Shares for $8.09M were sold by HEWSON MARILLYN A on Friday, July 27.

Huntington National Bank increased its stake in Lockheed Martin Corporation (LMT) by 11.61% based on its latest 2018Q2 regulatory filing with the SEC. Huntington National Bank bought 14,730 shares as the company’s stock rose 3.48% with the market. The institutional investor held 141,627 shares of the military and government and technical company at the end of 2018Q2, valued at $41.84 million, up from 126,897 at the end of the previous reported quarter. Huntington National Bank who had been investing in Lockheed Martin Corporation for a number of months, seems to be bullish on the $89.06 billion market cap company. The stock increased 1.48% or $4.56 during the last trading session, reaching $313.12. About 1.29M shares traded. Lockheed Martin Corporation (NYSE:LMT) has risen 7.10% since November 10, 2017 and is uptrending. It has underperformed by 8.52% the S&P500.

Huntington National Bank, which manages about $6.02 billion US Long portfolio, decreased its stake in Wells Fargo & Co (NYSE:WFC) by 71,014 shares to 294,618 shares, valued at $16.33M in 2018Q2, according to the filing. It also reduced its holding in Comcast Corp (NASDAQ:CMCSA) by 138,739 shares in the quarter, leaving it with 505,653 shares, and cut its stake in Nike Inc (NYSE:NKE).

More notable recent Lockheed Martin Corporation (NYSE:LMT) news were published by: Bizjournals.com which released: “From Lockheed to Rollins: Meet this avid Orlandoan, who’s considered a local PR industry expert” on November 09, 2018, also Seekingalpha.com with their article: “Lockheed Martin: An Attractive Opportunity After Earnings” published on October 25, 2018, Bizjournals.com published: “Harris Corp. delivers payload for Lockheed Martin-built GPS III satellite, more on the way” on November 07, 2018. More interesting news about Lockheed Martin Corporation (NYSE:LMT) were released by: Streetinsider.com and their article: “Lockheed Martin’s (LMT) Sikorsky Wins $717 Million Award to Sustain Super Stallion, Sea Dragon Aircraft” published on November 05, 2018 as well as Bizjournals.com‘s news article titled: “Unlocked: Meet OBJ’s 2018 40 Under 40 honorees” with publication date: November 06, 2018.

Lockheed Martin Corporation (NYSE:LMT) Ratings Coverage

Among 9 analysts covering Lockheed Martin Corp (NYSE:LMT), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Lockheed Martin Corp has $412 highest and $33500 lowest target. $384.14’s average target is 22.68% above currents $313.12 stock price. Lockheed Martin Corp had 14 analyst reports since May 22, 2018 according to SRatingsIntel. The firm has “Overweight” rating given on Thursday, October 11 by Morgan Stanley. The stock of Lockheed Martin Corporation (NYSE:LMT) earned “Conviction Buy” rating by Goldman Sachs on Wednesday, October 24. The stock of Lockheed Martin Corporation (NYSE:LMT) earned “Neutral” rating by JP Morgan on Wednesday, October 24. Credit Suisse maintained Lockheed Martin Corporation (NYSE:LMT) rating on Wednesday, October 3. Credit Suisse has “Neutral” rating and $368 target. The stock has “Overweight” rating by Morgan Stanley on Wednesday, July 25. The rating was maintained by Stifel Nicolaus on Wednesday, July 25 with “Buy”. Credit Suisse maintained Lockheed Martin Corporation (NYSE:LMT) rating on Wednesday, July 25. Credit Suisse has “Neutral” rating and $340 target. The rating was upgraded by Berenberg to “Buy” on Thursday, July 26. Credit Suisse maintained Lockheed Martin Corporation (NYSE:LMT) rating on Wednesday, October 24. Credit Suisse has “Neutral” rating and $357 target. Bank of America maintained the stock with “Buy” rating in Wednesday, July 25 report.

Lockheed Martin Corporation (NYSE:LMT) Institutional Positions Chart

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