Big Money Not In Northrop Grumman Corp (NYSE:NOC), Sentiment at 0.88

June 27, 2018 - By Rebecca Betts

Northrop Grumman Corporation (NYSE:NOC) Corporate Logo

Positions for Northrop Grumman Corp (NYSE:NOC)

In Q1 2018 Northrop Grumman Corp (NYSE:NOC) big money sentiment decreased to 0.88, according to SEC.gov filings. So its down -0.10, from 2017Q4’s 0.98. 321 active investment managers increased and started new positions, while 363 reduced and sold holdings in Northrop Grumman Corp so the sentiment worsened. These funds own 137.81 million shares, that’s up from 137.07 million shares in 2017Q4. Funds holding Northrop Grumman Corp in top 10 increased from 13 to 19 for an increase of 6. 57 Investors Sold All; 306 Reduced Holdings; 232 increased holdings while 89 active investment managers bought holdings.

Largest Northrop Grumman Corp Shareholders

As of Q1 2018 Canal Insurance Co has 4.92% invested in Northrop Grumman Corp. As of Q1 2018, 67,188 shares of Northrop Grumman Corp are owned by Cadinha & Co Llc. Oakmont Corp reported 100,767 shares. Mu Investments Co. Ltd. revealed 18,000 shares position in Northrop Grumman Corp. The Massachusetts-based fund Bain Capital Public Equity Management Llc holds 175,889 shares or 4.47% of their US long stock exposure.

Northrop Grumman Corporation, a security company, provides systems, products, and solutions in autonomous systems, cyber, strike, logistics and modernization, and command, control, communications, computers, intelligence, surveillance, and reconnaissance to government and commercial clients worldwide.The company has $54.19 billion market cap. It has three divisions: Aerospace Systems, Mission Systems, and Technology Services.25.92 is the P/E ratio. The Aerospace Systems segment designs, develops, integrates, and produces manned aircraft, autonomous systems, spacecraft, high-energy laser systems, microelectronics, and other systems/subsystems.

Ticker’s shares touched $310.72 during the last trading session after 0.45% change.Currently Northrop Grumman Corporation is uptrending after 29.40% change in last June 27, 2017. NOC has 306,692 shares volume. NOC outperformed the S&P 500 by 16.83%.

Earnings report for Northrop Grumman Corporation (NYSE:NOC) is awaited on July, 25., according to RTT. Analysts predict $3.73 EPS. That’s $0.58 up or 18.41 % from 2017’s earnings of $3.15. In case of $3.73 EPS NOC’s profit could hit $650.46M. Last quarter $4.21 EPS was reported. Analysts sees -11.40 % negative EPS growth this quarter.

Ashfield Prtnrs invested in 4,008 shs. Element Capital Limited Liability Corporation accumulated 795 shs. Stevens First Principles Investment Advisors has invested 0% in Northrop Grumman Corporation (NYSE:NOC). New York-based Ny State Teachers Retirement has invested 0.23% in Northrop Grumman Corporation (NYSE:NOC). Geode Ltd Liability Corporation stated it has 0.23% of its capital in Northrop Grumman Corporation (NYSE:NOC). Caprock Gp reported 810 shs. Welch And Forbes reported 9,371 shs. Lpl Financial Lc reported 0.11% in Northrop Grumman Corporation (NYSE:NOC). Lenox Wealth Management Inc owns 30 shs. Field & Main Bancorporation accumulated 0.03% or 100 shs. Wg Shaheen & Dba Whitney & Comm holds 0.05% in Northrop Grumman Corporation (NYSE:NOC) or 550 shs. 590 were accumulated by Old Point & Services N A. Northwestern Mutual Wealth Management holds 0.01% or 4,245 shs. Valicenti Advisory Svcs invested in 18,693 shs. Ibm Retirement Fund holds 0.23% in Northrop Grumman Corporation (NYSE:NOC) or 3,560 shs.

Northrop Grumman Corporation had 9 insider sales and 0 insider buys since February 13, 2018. This’s net activity of $6.82 million. 2,539 shs were sold by Peppard Denise M., worth $850,870. Shares for $1.03M were sold by Hardesty Michael A.

Northrop Grumman Corporation (NYSE:NOC) Ratings Coverage

Total analysts of 12 have positions in Northrop (NYSE:NOC) as follows: 8 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 67%. The firm has $41900 highest while $315.0 is the lowest target price. The average target $374.45 is 20.51% above the last ($310.72) price. Since January 8, 2018 according to StockzIntelligence Inc Northrop has 17 analyst reports. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, February 23. On Friday, June 22 Robert W. Baird maintained the shares of NOC in report with “Buy” rating. On Thursday, April 12 the stock of Northrop Grumman Corporation (NYSE:NOC) earned “Equal-Weight” rating by Morgan Stanley. On Tuesday, May 8 Goldman Sachs upgraded Northrop Grumman Corporation (NYSE:NOC) rating. Goldman Sachs has “Buy” rating and $41000 target. On Monday, March 12 the firm earned “Buy” rating by Citigroup. On Thursday, April 26 the stock of Northrop Grumman Corporation (NYSE:NOC) earned “Hold” rating by Bernstein. On Thursday, April 26 the stock has “Neutral” rating by Credit Suisse. On Friday, January 26 the rating was maintained by Robert W. Baird with “Buy”. On Friday, April 6 the rating was maintained by RBC Capital Markets with “Buy”. On Tuesday, January 23 RBC Capital Markets maintained Northrop Grumman Corporation (NYSE:NOC) rating. RBC Capital Markets has “Buy” rating and $389.0 target.

For more Northrop Grumman Corporation (NYSE:NOC) news posted briefly go to: Globenewswire.com, Bizjournals.com, Seekingalpha.com, Fool.com or Seekingalpha.com. The titles are as follows: “Northrop Grumman to Redeem Orbital ATK Debt” posted on June 11, 2018, “Lockheed lands first customer for its new F-16 fighter jet” on June 25, 2018, “Northrop Grumman: Combined Business Well-Positioned To Grow” with a publish date: June 13, 2018, “Better Buy: Raytheon Company (RTN) vs. Northrop Grumman (NOC)” and the last “Wall Street Breakfast: Oil Back Above $70” with publication date: June 27, 2018.

Northrop Grumman Corporation (NYSE:NOC) Institutional Investors Chart

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