Everpar Advisors LLC Has $361,000 Position in Lockheed Martin Co. (NYSE:LMT)

Everpar Advisors LLC decreased its stake in shares of Lockheed Martin Co. (NYSE:LMT) by 3.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 744 shares of the aerospace company’s stock after selling 29 shares during the period. Everpar Advisors LLC’s holdings in Lockheed Martin were worth $361,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in LMT. Edgestream Partners L.P. lifted its holdings in Lockheed Martin by 63.6% during the 2nd quarter. Edgestream Partners L.P. now owns 3,170 shares of the aerospace company’s stock worth $1,481,000 after buying an additional 1,232 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of Lockheed Martin by 6.7% during the second quarter. Mercer Global Advisors Inc. ADV now owns 50,449 shares of the aerospace company’s stock worth $23,565,000 after acquiring an additional 3,189 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. lifted its stake in shares of Lockheed Martin by 5.5% during the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 8,077 shares of the aerospace company’s stock valued at $3,773,000 after acquiring an additional 420 shares during the period. Blair William & Co. IL boosted its holdings in Lockheed Martin by 35.0% in the second quarter. Blair William & Co. IL now owns 42,953 shares of the aerospace company’s stock valued at $20,063,000 after acquiring an additional 11,134 shares during the last quarter. Finally, Carolinas Wealth Consulting LLC increased its position in Lockheed Martin by 33.7% in the second quarter. Carolinas Wealth Consulting LLC now owns 802 shares of the aerospace company’s stock worth $374,000 after purchasing an additional 202 shares during the period. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Stock Performance

Shares of LMT stock opened at $486.48 on Friday. The company has a debt-to-equity ratio of 2.66, a quick ratio of 1.12 and a current ratio of 1.30. Lockheed Martin Co. has a 52 week low of $413.92 and a 52 week high of $618.95. The company’s 50 day moving average price is $507.59 and its two-hundred day moving average price is $535.22. The company has a market capitalization of $115.32 billion, a P/E ratio of 17.61, a price-to-earnings-growth ratio of 3.76 and a beta of 0.48.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Tuesday, October 22nd. The aerospace company reported $6.84 EPS for the quarter, topping analysts’ consensus estimates of $6.50 by $0.34. The business had revenue of $17.10 billion for the quarter, compared to analyst estimates of $17.38 billion. Lockheed Martin had a net margin of 9.36% and a return on equity of 101.44%. The firm’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period last year, the business posted $6.77 earnings per share. On average, analysts expect that Lockheed Martin Co. will post 26.89 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have issued reports on LMT. Robert W. Baird upped their target price on shares of Lockheed Martin from $519.00 to $626.00 in a research report on Tuesday, October 22nd. UBS Group raised their price objective on shares of Lockheed Martin from $589.00 to $603.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Barclays dropped their target price on shares of Lockheed Martin from $565.00 to $515.00 and set an “equal weight” rating for the company in a research report on Monday, January 6th. StockNews.com downgraded Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 3rd. Finally, Wells Fargo & Company decreased their price objective on Lockheed Martin from $543.00 to $500.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $584.40.

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.