L-3 Communications Holdings (LLL) : Tuttle Tactical Management added new position in L-3 Communications Holdings during the most recent quarter end. The investment management firm now holds 723 shares of L-3 Communications Holdings which is valued at $107,156 , the company said in a statement filed on Aug 10, 2016 with the SEC.L-3 Communications Holdings makes up approximately 0.09% of Tuttle Tactical Management’s portfolio.
Other Hedge Funds, Including , Fdo Partners sold out all of its stake in LLL during the most recent quarter. The investment firm sold 2,872 shares of LLL which is valued $425,659. Tlp Group sold out all of its stake in LLL during the most recent quarter. The investment firm sold 5,300 shares of LLL which is valued $794,841.Cambridge Investment Research Advisors boosted its stake in LLL in the latest quarter, The investment management firm added 2,468 additional shares and now holds a total of 5,513 shares of L-3 Communications Holdings which is valued at $832,463. L-3 Communications Holdings makes up approx 0.02% of Cambridge Investment Research Advisors’s portfolio.Smithfield Trust Co reduced its stake in LLL by selling 15 shares or 0.27% in the most recent quarter. The Hedge Fund company now holds 5,599 shares of LLL which is valued at $848,976. L-3 Communications Holdings makes up approx 0.16% of Smithfield Trust Co’s portfolio.
L-3 Communications Holdings closed down -1.74 points or -1.16% at $148.84 with 16,18,544 shares getting traded on Friday. Post opening the session at $150.1, the shares hit an intraday low of $148.78 and an intraday high of $150.57 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, L-3 Communications Holdings reported $1.88 EPS for the quarter, beating the analyst consensus estimate by $ 0.19 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.69. The company had revenue of $2664.00 million for the quarter, compared to analysts expectations of $2492.63 million. The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.36 EPS.
Many Wall Street Analysts have commented on L-3 Communications Holdings. L-3 Communications Holdings was Upgraded by Drexel Hamilton to ” Buy” on May 20, 2016. Company shares were Upgraded by RBC Capital Mkts on May 19, 2016 to ” Outperform”, Firm has raised the Price Target to $ 150 from a previous price target of $137 .
L-3 Communications Holdings Inc. (L-3 Holdings) operates through its wholly owned operating subsidiary L-3 Communications Corporation (L-3 Communications). L-3 is a prime contractor in intelligence surveillance and reconnaissance (ISR) systems aircraft sustainment (including modifications logistics and maintenance) simulation and training night vision and image intensification equipment enterprise and mission information technology (IT) solutions and cyber operations. L-3 also provides a range of communication and electronic systems and products used on military and commercial platforms. It operates in four segments: Electronic Systems Aerospace Systems Communication Systems and National Security Solutions (NSS). Its customers include the United States Department of Defense and its prime contractors the United States Government intelligence agencies the United States Department of Homeland Security foreign Governments and domestic and international commercial customers.