Compton Wealth Advisory Group LLC Has $1.41 Million Holdings in Lockheed Martin Co. (NYSE:LMT)

Compton Wealth Advisory Group LLC lessened its stake in Lockheed Martin Co. (NYSE:LMT) by 8.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,117 shares of the aerospace company’s stock after selling 270 shares during the quarter. Compton Wealth Advisory Group LLC’s holdings in Lockheed Martin were worth $1,413,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bank Julius Baer & Co. Ltd Zurich boosted its holdings in shares of Lockheed Martin by 73.0% during the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 64 shares of the aerospace company’s stock worth $26,000 after buying an additional 27 shares during the period. CGC Financial Services LLC bought a new stake in shares of Lockheed Martin during the 2nd quarter worth $31,000. Coppell Advisory Solutions Corp. bought a new stake in shares of Lockheed Martin during the 4th quarter worth $31,000. Milestone Investment Advisors LLC bought a new stake in Lockheed Martin in the 3rd quarter valued at $33,000. Finally, Providence Capital Advisors LLC bought a new stake in Lockheed Martin in the 3rd quarter valued at $35,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on LMT shares. Citigroup reduced their price target on shares of Lockheed Martin from $540.00 to $508.00 and set a “buy” rating for the company in a report on Wednesday, January 24th. Royal Bank of Canada reduced their price target on shares of Lockheed Martin from $475.00 to $470.00 and set a “sector perform” rating for the company in a report on Wednesday, January 24th. UBS Group reduced their price objective on shares of Lockheed Martin from $488.00 to $475.00 and set a “neutral” rating for the company in a report on Wednesday, January 24th. Susquehanna reduced their price objective on shares of Lockheed Martin from $550.00 to $540.00 and set a “positive” rating for the company in a report on Wednesday, January 24th. Finally, Morgan Stanley reduced their price objective on shares of Lockheed Martin from $513.00 to $503.00 and set an “equal weight” rating for the company in a report on Wednesday, January 24th. Nine equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $491.92.

Insider Buying and Selling

In other Lockheed Martin news, SVP Maryanne Lavan sold 4,022 shares of Lockheed Martin stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $434.39, for a total value of $1,747,116.58. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, COO John Frank A. St sold 6,648 shares of Lockheed Martin stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $425.35, for a total value of $2,827,726.80. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Maryanne Lavan sold 4,022 shares of Lockheed Martin stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $434.39, for a total transaction of $1,747,116.58. The disclosure for this sale can be found here. Insiders have sold 16,874 shares of company stock valued at $7,249,946 in the last 90 days. 0.17% of the stock is owned by insiders.

Lockheed Martin Price Performance

LMT traded down $1.91 during midday trading on Friday, hitting $454.87. The company had a trading volume of 1,119,541 shares, compared to its average volume of 1,181,533. The company has a debt-to-equity ratio of 2.53, a quick ratio of 1.03 and a current ratio of 1.21. The company has a market capitalization of $109.39 billion, a PE ratio of 16.51, a P/E/G ratio of 4.15 and a beta of 0.48. Lockheed Martin Co. has a twelve month low of $393.77 and a twelve month high of $508.10. The firm’s 50-day simple moving average is $433.38 and its 200-day simple moving average is $438.60.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Tuesday, January 23rd. The aerospace company reported $7.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.26 by $0.64. Lockheed Martin had a net margin of 10.24% and a return on equity of 79.91%. The company had revenue of $18.87 billion for the quarter, compared to analyst estimates of $17.96 billion. During the same quarter last year, the firm earned $7.79 EPS. The company’s revenue for the quarter was down .6% on a year-over-year basis. Equities research analysts predict that Lockheed Martin Co. will post 26.13 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 1st were paid a dividend of $3.15 per share. This represents a $12.60 annualized dividend and a yield of 2.77%. The ex-dividend date was Thursday, February 29th. Lockheed Martin’s payout ratio is 45.74%.

About Lockheed Martin

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.