Mv Capital Management buys $557,885 stake in Lockheed Martin Corporation (LMT)

Lockheed Martin Corporation (LMT) : Mv Capital Management scooped up 91 additional shares in Lockheed Martin Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 2,112 shares of Lockheed Martin Corporation which is valued at $557,885.Lockheed Martin Corporation makes up approximately 0.20% of Mv Capital Management’s portfolio.

Other Hedge Funds, Including , Stratos Wealth Partners Ltd. boosted its stake in LMT in the latest quarter, The investment management firm added 827 additional shares and now holds a total of 4,246 shares of Lockheed Martin Corporation which is valued at $1,121,581. Lockheed Martin Corporation makes up approx 0.08% of Stratos Wealth Partners Ltd.’s portfolio.Credit Suisse Ag boosted its stake in LMT in the latest quarter, The investment management firm added 70,485 additional shares and now holds a total of 513,540 shares of Lockheed Martin Corporation which is valued at $135,651,591. Lockheed Martin Corporation makes up approx 0.17% of Credit Suisse Ag’s portfolio.Lakeview Capital Partners reduced its stake in LMT by selling 20 shares or 0.32% in the most recent quarter. The Hedge Fund company now holds 6,265 shares of LMT which is valued at $1,654,900. Lockheed Martin Corporation makes up approx 0.97% of Lakeview Capital Partners’s portfolio.Mark Sheptoff Financial Planning boosted its stake in LMT in the latest quarter, The investment management firm added 19 additional shares and now holds a total of 2,436 shares of Lockheed Martin Corporation which is valued at $639,547. Lockheed Martin Corporation makes up approx 0.47% of Mark Sheptoff Financial Planning’s portfolio.Leavell Investment Management boosted its stake in LMT in the latest quarter, The investment management firm added 650 additional shares and now holds a total of 18,750 shares of Lockheed Martin Corporation which is valued at $4,812,563. Lockheed Martin Corporation makes up approx 0.69% of Leavell Investment Management’s portfolio.

Lockheed Martin Corporation closed down -0.14 points or -0.06% at $244.3 with 16,37,621 shares getting traded on Monday. Post opening the session at $245, the shares hit an intraday low of $244.04 and an intraday high of $246.08 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Lockheed Martin Corporation reported $3.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.39 according to the earnings call on Jul 19, 2016. Analyst had a consensus of $2.93. The company had revenue of $12914.00 million for the quarter, compared to analysts expectations of $12576.52 million. The company’s revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.94 EPS.

Many Wall Street Analysts have commented on Lockheed Martin Corporation. JP Morgan Initiated Lockheed Martin Corporation on Aug 25, 2016 to “Neutral”, Price Target of the shares are set at $284.Goldman Resumed Lockheed Martin Corporation on Aug 24, 2016 to “Neutral”, Price Target of the shares are set at $245.Lockheed Martin Corporation was Downgraded by Berenberg to ” Hold” on May 31, 2016.

Lockheed Martin Corporation is a global security and aerospace company. The Company is engaged in the research design development manufacture integration and sustainment of advanced technology systems products and services. The Company operates in five segments: Aeronautics Information Systems & Global Solutions (IS&GS) Missiles and Fire Control (MFC) Mission Systems and Training (MST) and Space Systems. The Company provides a range of management engineering technical scientific logistics and information services. The Company’s areas of focus are in defense space intelligence homeland security and information technology including cyber security. It serves both the United States and international customers with products and services that have defense civil and commercial applications.

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