As Lockheed Martin (LMT) Shares Rose, Pinnacle Financial Partners Raised by $1.35 Million Its Holding; Terex New (TEX) Holder Scopus Asset Management LP Trimmed Position by $1.80 Million as Stock Rose

January 21, 2018 - By Darrin Black

Pinnacle Financial Partners Inc increased its stake in Lockheed Martin Corp (LMT) by 15.98% based on its latest 2017Q3 regulatory filing with the SEC. Pinnacle Financial Partners Inc bought 4,355 shares as the company’s stock rose 2.80% with the market. The institutional investor held 31,605 shares of the military and government and technical company at the end of 2017Q3, valued at $9.81 million, up from 27,250 at the end of the previous reported quarter. Pinnacle Financial Partners Inc who had been investing in Lockheed Martin Corp for a number of months, seems to be bullish on the $95.19 billion market cap company. The stock decreased 0.30% or $1 during the last trading session, reaching $332. About 1.51M shares traded or 46.37% up from the average. Lockheed Martin Corporation (NYSE:LMT) has risen 14.19% since January 21, 2017 and is uptrending. It has underperformed by 2.51% the S&P500.

Alexander Mitchell decreased its stake in Terex Corp New (TEX) by 22.45% based on its latest 2017Q3 regulatory filing with the SEC. Scopus Asset Management Lp sold 40,000 shares as the company’s stock rose 2.25% with the market. The hedge fund run by Alexander Mitchell held 138,200 shares of the construction and ag equipment and trucks company at the end of 2017Q3, valued at $6.22 million, down from 178,200 at the end of the previous reported quarter. Scopus Asset Management Lp who had been investing in Terex Corp New for a number of months, seems to be less bullish one the $4.19B market cap company. The stock increased 1.90% or $0.93 during the last trading session, reaching $49.79. About 714,248 shares traded. Terex Corporation (NYSE:TEX) has risen 32.26% since January 21, 2017 and is uptrending. It has outperformed by 15.56% the S&P500.

Since August 15, 2017, it had 0 insider buys, and 3 selling transactions for $18.05 million activity. Carvalho Orlando D sold $2.73 million worth of Lockheed Martin Corporation (NYSE:LMT) on Tuesday, August 15. 49,700 shares were sold by Tanner Bruce L, worth $15.21M.

Pinnacle Financial Partners Inc, which manages about $779.38 million US Long portfolio, decreased its stake in Spdr S&P 500 Etf Tr (SPY) by 7,060 shares to 98,490 shares, valued at $24.74 million in 2017Q3, according to the filing. It also reduced its holding in Netflix Inc (NASDAQ:NFLX) by 3,672 shares in the quarter, leaving it with 21,433 shares, and cut its stake in Vanguard Index Fds (VOO).

Among 21 analysts covering Lockheed Martin Corporation (NYSE:LMT), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. Lockheed Martin Corporation had 71 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating given on Thursday, May 19 by RBC Capital Markets. The company was upgraded on Monday, November 14 by Stifel Nicolaus. The company was maintained on Wednesday, October 25 by RBC Capital Markets. The rating was initiated by JP Morgan on Thursday, August 25 with “Neutral”. On Monday, August 21 the stock rating was maintained by Jefferies with “Hold”. The firm has “Hold” rating given on Friday, May 13 by Stifel Nicolaus. On Monday, November 30 the stock rating was downgraded by Barclays Capital to “Underweight”. The firm has “Buy” rating given on Wednesday, October 21 by Drexel. The firm earned “Outperform” rating on Wednesday, January 6 by RBC Capital Markets. The rating was reinitiated by Credit Suisse on Wednesday, November 18 with “Neutral”.

Investors sentiment increased to 1.24 in Q3 2017. Its up 0.17, from 1.07 in 2017Q2. It improved, 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. 3,341 are owned by Lincoln National. M&R Mngmt reported 79 shares. Ahl Prtn Limited Liability Partnership, United Kingdom-based fund reported 45,507 shares. Bridgeway Mngmt Inc holds 0.1% or 28,770 shares in its portfolio. Bkd Wealth Advisors Lc holds 1,074 shares. Hanson Mcclain has invested 0.01% in Lockheed Martin Corporation (NYSE:LMT). Vaughan David Investments Il accumulated 20,000 shares. Alpha Windward Limited Liability Com reported 1,061 shares. Mitsubishi Ufj Tru And Banking invested in 555,776 shares or 0.32% of the stock. Mycio Wealth Prns Ltd invested in 7,669 shares. Capital Advsrs Ok has 2,837 shares for 0.05% of their portfolio. Capital World holds 1.61% of its portfolio in Lockheed Martin Corporation (NYSE:LMT) for 22.98 million shares. Essex Management Co Lc has 3,946 shares. Archon Ltd Liability Co has invested 3.8% in Lockheed Martin Corporation (NYSE:LMT). Finemark National Bank invested 0.88% of its portfolio in Lockheed Martin Corporation (NYSE:LMT).

Since August 3, 2017, it had 3 buys, and 11 selling transactions for $3.97 million activity. HENRY BRIAN J bought $2,298 worth of stock or 49 shares. Hegarty Kieran sold $653,421 worth of stock or 15,115 shares. COHEN ERIC I sold $351,234 worth of stock or 8,892 shares. 4,564 shares were sold by FILIPOV STEVE, worth $174,436 on Friday, August 11. FEARON MATTHEW also sold $494,000 worth of Terex Corporation (NYSE:TEX) shares. On Monday, January 8 the insider SHEEHAN JOHN D bought $12,482.

Scopus Asset Management Lp, which manages about $3.64B and $9.71 billion US Long portfolio, upped its stake in Marriott Intl Inc New (NASDAQ:MAR) by 40,000 shares to 1.12 million shares, valued at $122.94M in 2017Q3, according to the filing. It also increased its holding in Illinois Tool Wks Inc (NYSE:ITW) by 115,033 shares in the quarter, for a total of 265,033 shares, and has risen its stake in Skechers U S A Inc (Call) (NYSE:SKX).

Investors sentiment decreased to 0.63 in 2017 Q3. Its down 0.05, from 0.68 in 2017Q2. It dropped, as 19 investors sold TEX shares while 115 reduced holdings. 43 funds opened positions while 42 raised stakes. 79.42 million shares or 6.42% less from 84.87 million shares in 2017Q2 were reported. Schwab Charles Invest Management holds 352,406 shares or 0.01% of its portfolio. Vanguard has 0.02% invested in Terex Corporation (NYSE:TEX) for 7.17 million shares. Hanseatic Management Ser has invested 0.8% in Terex Corporation (NYSE:TEX). Ontario – Canada-based Royal Bank Of Canada has invested 0% in Terex Corporation (NYSE:TEX). Nwq Investment Management Ltd Llc reported 219,607 shares. Moreover, Loring Wolcott Coolidge Fiduciary Advsrs Llp Ma has 0% invested in Terex Corporation (NYSE:TEX). Ameriprise Finance owns 359,072 shares for 0.01% of their portfolio. Ls Advisors Llc invested in 6,736 shares. Cornerstone Mgmt Holdg Ltd Liability Company has 268,076 shares. 3,300 are held by Old Mutual Customised Solutions (Proprietary) Ltd. Great West Life Assurance Can holds 53,248 shares. Scotia Cap Inc holds 6,664 shares. Pnc Ser Gp invested 0% of its portfolio in Terex Corporation (NYSE:TEX). Cubist Systematic Strategies Limited Liability Company stated it has 0.03% in Terex Corporation (NYSE:TEX). Zurcher Kantonalbank (Zurich Cantonalbank) holds 17,397 shares or 0.01% of its portfolio.

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>