Robeco Institutional Asset Management B.V. Decreases Holdings in Lockheed Martin Co. (NYSE:LMT)

Robeco Institutional Asset Management B.V. decreased its position in shares of Lockheed Martin Co. (NYSE:LMT - Free Report) by 6.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 85,380 shares of the aerospace company's stock after selling 5,416 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Lockheed Martin were worth $41,490,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Algert Global LLC bought a new stake in shares of Lockheed Martin during the second quarter valued at approximately $277,000. Regal Investment Advisors LLC grew its stake in shares of Lockheed Martin by 103.9% during the second quarter. Regal Investment Advisors LLC now owns 2,235 shares of the aerospace company's stock valued at $1,044,000 after purchasing an additional 1,139 shares during the last quarter. New Century Financial Group LLC grew its stake in shares of Lockheed Martin by 179.6% during the second quarter. New Century Financial Group LLC now owns 1,258 shares of the aerospace company's stock valued at $588,000 after purchasing an additional 808 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in shares of Lockheed Martin during the second quarter valued at approximately $201,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of Lockheed Martin during the second quarter valued at approximately $24,001,000. Institutional investors and hedge funds own 74.19% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on LMT shares. Morgan Stanley reduced their price objective on shares of Lockheed Martin from $555.00 to $525.00 and set an "equal weight" rating on the stock in a research note on Wednesday. Deutsche Bank Aktiengesellschaft cut shares of Lockheed Martin from a "buy" rating to a "hold" rating and reduced their price objective for the company from $611.00 to $523.00 in a research note on Thursday, January 2nd. Susquehanna cut their target price on shares of Lockheed Martin from $590.00 to $550.00 and set a "positive" rating on the stock in a report on Wednesday. Robert W. Baird increased their target price on shares of Lockheed Martin from $519.00 to $626.00 in a report on Tuesday, October 22nd. Finally, JPMorgan Chase & Co. cut their target price on shares of Lockheed Martin from $540.00 to $535.00 and set an "overweight" rating on the stock in a report on Thursday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $555.80.

Lockheed Martin Stock Down 0.0 %

LMT stock traded down $0.03 during midday trading on Thursday, hitting $454.33. The company's stock had a trading volume of 492,251 shares, compared to its average volume of 1,370,057. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.30 and a quick ratio of 1.12. Lockheed Martin Co. has a twelve month low of $413.92 and a twelve month high of $618.95. The company's fifty day moving average price is $495.56 and its 200 day moving average price is $536.97. The stock has a market capitalization of $107.69 billion, a P/E ratio of 16.45, a PEG ratio of 4.05 and a beta of 0.48.

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 net margin of 9.36% and a return on equity of 101.44%. As a group, equities research analysts predict that Lockheed Martin Co. will post 26.89 EPS for the current year.

Lockheed Martin Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 3rd will be given a $3.30 dividend. This represents a $13.20 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date of this dividend is Monday, March 3rd. Lockheed Martin's dividend payout ratio (DPR) is presently 47.79%.

Lockheed Martin Company Profile

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.