Capital International Inc. CA Has $2.02 Million Holdings in Lockheed Martin Co. (NYSE:LMT)

Capital International Inc. CA lifted its stake in Lockheed Martin Co. (NYSE:LMT - Free Report) by 26.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,164 shares of the aerospace company's stock after acquiring an additional 878 shares during the period. Capital International Inc. CA's holdings in Lockheed Martin were worth $2,023,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Millstone Evans Group LLC bought a new position in shares of Lockheed Martin during the 4th quarter worth about $32,000. Mizuho Securities Co. Ltd. bought a new position in Lockheed Martin during the fourth quarter valued at about $34,000. Heck Capital Advisors LLC acquired a new position in Lockheed Martin in the 4th quarter valued at approximately $35,000. Redwood Park Advisors LLC bought a new stake in shares of Lockheed Martin in the 4th quarter worth approximately $40,000. Finally, Runnymede Capital Advisors Inc. acquired a new stake in shares of Lockheed Martin during the 4th quarter worth approximately $42,000. Institutional investors own 74.19% of the company's stock.

Insider Buying and Selling

In other news, insider Robert M. Lightfoot, Jr. sold 3,213 shares of Lockheed Martin stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $442.42, for a total transaction of $1,421,495.46. Following the transaction, the insider now directly owns 2,000 shares of the company's stock, valued at $884,840. This trade represents a 61.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Harry Edward Paul III sold 707 shares of the company's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $442.61, for a total transaction of $312,925.27. Following the completion of the sale, the vice president now owns 2,278 shares of the company's stock, valued at approximately $1,008,265.58. This represents a 23.69 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 7,133 shares of company stock valued at $3,155,916 over the last three months. Company insiders own 0.14% of the company's stock.

Lockheed Martin Price Performance

Shares of LMT stock opened at $463.80 on Monday. Lockheed Martin Co. has a 52 week low of $418.88 and a 52 week high of $618.95. The stock's fifty day moving average is $452.24 and its 200-day moving average is $495.75. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.95 and a current ratio of 1.13. The stock has a market capitalization of $108.79 billion, a PE ratio of 20.84, a PEG ratio of 2.07 and a beta of 0.39.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued its quarterly earnings results on Tuesday, January 28th. The aerospace company reported $7.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.58 by $1.09. Lockheed Martin had a return on equity of 101.47% and a net margin of 7.51%. Equities research analysts expect that Lockheed Martin Co. will post 27.15 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 3rd were given a $3.30 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $13.20 annualized dividend and a dividend yield of 2.85%. Lockheed Martin's dividend payout ratio is currently 59.30%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on LMT shares. Melius lowered Lockheed Martin from a "buy" rating to a "hold" rating in a research note on Monday, March 24th. StockNews.com downgraded shares of Lockheed Martin from a "buy" rating to a "hold" rating in a report on Tuesday, April 1st. Wells Fargo & Company lowered their target price on shares of Lockheed Martin from $476.00 to $432.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 8th. Melius Research cut shares of Lockheed Martin from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 24th. Finally, Royal Bank of Canada lowered Lockheed Martin from an "outperform" rating to a "sector perform" rating and lowered their price objective for the company from $550.00 to $480.00 in a research note on Thursday, March 27th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $539.93.

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.

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