Cooper Tire & Rubber (CTB) Stake Maintained by Salem Capital Management Inc; Lockheed Martin Com (LMT) Position Raised by Bridges Investment Management Inc

May 16, 2018 - By Dolores Ford

Lockheed Martin Corporation (NYSE:LMT) Logo

Salem Capital Management Inc increased its stake in Cooper Tire & Rubber (CTB) by 22.95% based on its latest 2017Q4 regulatory filing with the SEC. Salem Capital Management Inc bought 19,478 shares as the company’s stock declined 18.77% with the market. The institutional investor held 104,350 shares of the automotive aftermarket company at the end of 2017Q4, valued at $3.69 million, up from 84,872 at the end of the previous reported quarter. Salem Capital Management Inc who had been investing in Cooper Tire & Rubber for a number of months, seems to be bullish on the $1.26 billion market cap company. The stock decreased 0.99% or $0.25 during the last trading session, reaching $25. About 307,965 shares traded. Cooper Tire & Rubber Company (NYSE:CTB) has declined 33.79% since May 16, 2017 and is downtrending. It has underperformed by 45.34% the S&P500.

Bridges Investment Management Inc increased its stake in Lockheed Martin Corp Com (LMT) by 76.31% based on its latest 2017Q4 regulatory filing with the SEC. Bridges Investment Management Inc bought 1,250 shares as the company’s stock rose 6.55% while stock markets declined. The institutional investor held 2,888 shares of the military and government and technical company at the end of 2017Q4, valued at $927,000, up from 1,638 at the end of the previous reported quarter. Bridges Investment Management Inc who had been investing in Lockheed Martin Corp Com for a number of months, seems to be bullish on the $91.34B market cap company. The stock increased 0.03% or $0.11 during the last trading session, reaching $319.88. About 312,039 shares traded. Lockheed Martin Corporation (NYSE:LMT) has risen 26.83% since May 16, 2017 and is uptrending. It has outperformed by 15.28% the S&P500.

Among 23 analysts covering Lockheed Martin Corporation (NYSE:LMT), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Lockheed Martin Corporation had 85 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, July 13, the company rating was maintained by Jefferies. The stock has “Hold” rating by RBC Capital Markets on Tuesday, January 23. The firm earned “Neutral” rating on Monday, October 12 by JP Morgan. The firm has “Hold” rating by Jefferies given on Monday, October 23. As per Monday, December 5, the company rating was maintained by Deutsche Bank. On Monday, January 29 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was maintained by Credit Suisse with “Neutral” on Wednesday, October 25. RBC Capital Markets maintained Lockheed Martin Corporation (NYSE:LMT) rating on Friday, April 6. RBC Capital Markets has “Hold” rating and $36600 target. Jefferies maintained Lockheed Martin Corporation (NYSE:LMT) rating on Wednesday, July 19. Jefferies has “Hold” rating and $26500 target. Wolfe Research upgraded the shares of LMT in report on Wednesday, January 27 to “Outperform” rating.

Investors sentiment decreased to 1.18 in Q4 2017. Its down 0.06, from 1.24 in 2017Q3. It is negative, as 37 investors sold LMT shares while 381 reduced holdings. 103 funds opened positions while 390 raised stakes. 218.89 million shares or 1.12% less from 221.38 million shares in 2017Q3 were reported. Oakworth Cap has invested 0.27% in Lockheed Martin Corporation (NYSE:LMT). Perkins Coie Trust has 0.22% invested in Lockheed Martin Corporation (NYSE:LMT). 56 were reported by M&R Cap. First Dallas Secs Inc owns 705 shares for 0.14% of their portfolio. Founders Management Llc invested in 19,440 shares or 2.76% of the stock. State Teachers Retirement Sys has invested 0.31% in Lockheed Martin Corporation (NYSE:LMT). Northwest Inv Counselors Ltd Liability Corp holds 5,113 shares or 0.66% of its portfolio. Johnson Investment Counsel has 11,690 shares. 204 are owned by Ruggie Cap. Great Lakes Limited owns 1.24% invested in Lockheed Martin Corporation (NYSE:LMT) for 176,308 shares. First Fincl Bank And Of Newtown invested in 4,623 shares or 0.4% of the stock. 6,364 were accumulated by Btr Capital Management. Fiera Cap Corporation reported 2,510 shares. Bryn Mawr Company has invested 0.06% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Banque Pictet Cie holds 0.01% or 1,011 shares in its portfolio.

Since January 29, 2018, it had 0 buys, and 2 insider sales for $9.28 million activity. 7,517 Lockheed Martin Corporation (NYSE:LMT) shares with value of $2.69 million were sold by Ambrose Richard F.

More notable recent Lockheed Martin Corporation (NYSE:LMT) news were published by: Seekingalpha.com which released: “Reuters: Lockheed resumes F-35 jet deliveries to Pentagon” on May 07, 2018, also Seekingalpha.com with their article: “Lockheed Martin: Opportunity On Price Drop” published on April 27, 2018, Seekingalpha.com published: “Lockheed supports next mission to Mars” on May 06, 2018. More interesting news about Lockheed Martin Corporation (NYSE:LMT) were released by: Bizjournals.com and their article: “Lockheed Martin resumes F-35 delivery after repair dispute — and that’s good news for Orlando” published on May 09, 2018 as well as Bizjournals.com‘s news article titled: “Lockheed Martin, United Launch Alliance grab $27.6M in local defense work” with publication date: May 16, 2018.

Among 10 analysts covering Cooper Tire (NYSE:CTB), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Cooper Tire had 36 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Hold” rating by Deutsche Bank given on Monday, August 7. The firm has “Overweight” rating by JP Morgan given on Tuesday, May 1. The firm earned “Overweight” rating on Tuesday, March 14 by JP Morgan. The rating was upgraded by Northcoast on Wednesday, January 10 to “Buy”. Northcoast downgraded the stock to “Neutral” rating in Wednesday, April 19 report. The stock of Cooper Tire & Rubber Company (NYSE:CTB) has “Neutral” rating given on Thursday, February 25 by Goldman Sachs. The stock has “Hold” rating by Deutsche Bank on Friday, August 7. The company was maintained on Tuesday, October 31 by Jefferies. The company was maintained on Wednesday, April 18 by Jefferies. FBR Capital maintained Cooper Tire & Rubber Company (NYSE:CTB) on Friday, January 12 with “Buy” rating.

Salem Capital Management Inc, which manages about $369.02 million and $196.61M US Long portfolio, decreased its stake in Microsoft (NASDAQ:MSFT) by 10,940 shares to 118,419 shares, valued at $10.13M in 2017Q4, according to the filing. It also reduced its holding in Pfizer Inc. (NYSE:PFE) by 13,199 shares in the quarter, leaving it with 171,669 shares, and cut its stake in Home Depot Inc. (NYSE:HD).

Investors sentiment increased to 1.05 in Q4 2017. Its up 0.24, from 0.81 in 2017Q3. It improved, as 23 investors sold CTB shares while 71 reduced holdings. 32 funds opened positions while 67 raised stakes. 49.17 million shares or 4.62% less from 51.55 million shares in 2017Q3 were reported. Sentinel Trust Lba reported 0.48% of its portfolio in Cooper Tire & Rubber Company (NYSE:CTB). Morgan Stanley, New York-based fund reported 279,255 shares. Kbc Group Inc Nv, Belgium-based fund reported 44,699 shares. Kennedy Cap holds 0.32% or 498,435 shares. Victory Cap holds 5,568 shares or 0% of its portfolio. Hotchkis & Wiley Mgmt Lc owns 47,156 shares or 0.01% of their US portfolio. Tiaa Cref Invest Ltd Liability Co invested in 0% or 127,900 shares. Boston Prtnrs reported 0.02% of its portfolio in Cooper Tire & Rubber Company (NYSE:CTB). Profund Ltd Llc invested in 7,536 shares. Tocqueville Asset Management Lp holds 0.04% of its portfolio in Cooper Tire & Rubber Company (NYSE:CTB) for 87,700 shares. 35,132 were reported by Prudential Fin Incorporated. State Board Of Administration Of Florida Retirement Sys has 34,101 shares. Amalgamated Financial Bank reported 7,411 shares. Geode Cap Ltd Liability Co has 0.01% invested in Cooper Tire & Rubber Company (NYSE:CTB). Indexiq Advsr Limited Liability owns 0.04% invested in Cooper Tire & Rubber Company (NYSE:CTB) for 31,753 shares.

Since March 9, 2018, it had 1 buying transaction, and 0 selling transactions for $48,443 activity.

More important recent Cooper Tire & Rubber Company (NYSE:CTB) news were published by: Streetinsider.com which released: “Pre-Open Movers 04/30: (STDY) (ANDV) (FDC) Higher; (CTB) (S) (ARNC) Lower (more…)” on April 30, 2018, also Businesswire.com published article titled: “Cooper Tire & Rubber Company to Webcast Investor Meeting May 11”, Businesswire.com published: “Coopertire.com Earns Best Manufacturing Website Award in Internet Advertising Competition” on May 16, 2018. More interesting news about Cooper Tire & Rubber Company (NYSE:CTB) was released by: Globenewswire.com and their article: “Factors of Influence in 2018, Key Indicators and Opportunity within Cognex, MRC Global, Fulton Financial, Synovus …” with publication date: May 14, 2018.

Lockheed Martin Corporation (NYSE:LMT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


>