Fox Run Management L.l.c. adds Lockheed Martin Corporation (LMT) to its portfolio

Lockheed Martin Corporation (LMT) : Fox Run Management L.l.c. added new position in Lockheed Martin Corporation during the most recent quarter end. The investment management firm now holds 3,200 shares of Lockheed Martin Corporation which is valued at $741,920 , the company said in a statement filed on Oct 12, 2016 with the SEC.Lockheed Martin Corporation makes up approximately 0.45% of Fox Run Management L.l.c.’s portfolio.

Other Hedge Funds, Including , Creative Planning boosted its stake in LMT in the latest quarter, The investment management firm added 3,977 additional shares and now holds a total of 37,350 shares of Lockheed Martin Corporation which is valued at $8,659,598. Lockheed Martin Corporation makes up approx 0.06% of Creative Planning’s portfolio.Oregon Public Employees Retirement Fund boosted its stake in LMT in the latest quarter, The investment management firm added 3,287 additional shares and now holds a total of 65,605 shares of Lockheed Martin Corporation which is valued at $15,304,990. Lockheed Martin Corporation makes up approx 0.33% of Oregon Public Employees Retirement Fund’s portfolio.Dynamic Advisors Solutions boosted its stake in LMT in the latest quarter, The investment management firm added 1,604 additional shares and now holds a total of 3,843 shares of Lockheed Martin Corporation which is valued at $896,533. Lockheed Martin Corporation makes up approx 0.34% of Dynamic Advisors Solutions’s portfolio.First Financial Bank N.a. – Trust Division reduced its stake in LMT by selling 878 shares or 6.44% in the most recent quarter. The Hedge Fund company now holds 12,756 shares of LMT which is valued at $2,975,847. Lockheed Martin Corporation makes up approx 0.55% of First Financial Bank N.a. – Trust Division’s portfolio.Central Bank Trust Co boosted its stake in LMT in the latest quarter, The investment management firm added 64 additional shares and now holds a total of 264 shares of Lockheed Martin Corporation which is valued at $61,652. Lockheed Martin Corporation makes up approx 0.02% of Central Bank Trust Co’s portfolio.

Lockheed Martin Corporation closed down -1.44 points or -0.62% at $231.85 with 10,60,698 shares getting traded on Tuesday. Post opening the session at $233, the shares hit an intraday low of $231.6415 and an intraday high of $233.63 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.

Investors should note that on Sep 22, 2016, Lockheed Martin Corporation announced a cash dividend of $1.8200. The company’s management has announced Nov 29, 2016 as the ex-dividend date and fixed the record date on Dec 1, 2016. The payable date has been fixed on Dec 30, 2016.

Many Wall Street Analysts have commented on Lockheed Martin Corporation. Lockheed Martin Corporation was Upgraded by Wells Fargo to ” Outperform” on Sep 19, 2016. Lockheed Martin Corporation was Resumed by Citigroup to “Buy” on Sep 6, 2016. JP Morgan Initiated Lockheed Martin Corporation on Aug 25, 2016 to “Neutral”, Price Target of the shares are set at $284.

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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