Ownership Action Report: Northrop Grumman Corp (NYSE:NOC) Institutional Investors Sentiment Index Flat in Q2 2016

November 25, 2016 - By kentuckypostne   ·   0 Comments

Ownership Action Report: Northrop Grumman Corp (NYSE:NOC) Institutional Investors Sentiment Index Flat in  Q2 2016

Sentiment for Northrop Grumman Corp (NYSE:NOC)

Northrop Grumman Corp (NYSE:NOC) institutional sentiment is 0.99 in Q2 2016. Its the same as in 2016Q1. The ratio is flat, as only 304 investment professionals started new and increased positions, while 306 cut down and sold positions in Northrop Grumman Corp. The investment professionals in our partner’s database now own: 146.34 million shares, down from 157.73 million shares in 2016Q1. Also, the number of investment professionals holding Northrop Grumman Corp in their top 10 positions increased from 20 to 23 for an increase of 3. Sold All: 36 Reduced: 270 Increased: 219 New Position: 85.

Northrop Grumman Corporation is a global security company. The company has a market cap of $43.71 billion. The Firm provides systems, products and solutions in unmanned systems; cyber; command, control, communications and computers (C4), intelligence, surveillance, and reconnaissance (C4ISR); strike aircraft, and logistics and modernization to Government and commercial clients across the world. It has a 21.2 P/E ratio. The Firm operates through four divisions: Aerospace Systems, Electronic Systems, Information Systems and Technical Services.

About 195,366 shares traded hands. Northrop Grumman Corporation (NYSE:NOC) has risen 23.33% since April 22, 2016 and is uptrending. It has outperformed by 17.92% the S&P500.

Analysts await Northrop Grumman Corporation (NYSE:NOC) to report earnings on January, 26. They expect $2.49 earnings per share, up 14.22% or $0.31 from last year’s $2.18 per share. NOC’s profit will be $438.03 million for 24.95 P/E if the $2.49 EPS becomes a reality. After $3.02 actual earnings per share reported by Northrop Grumman Corporation for the previous quarter, Wall Street now forecasts -17.55% negative EPS growth.

According to Zacks Investment Research, “Northrop Grumman Corporation is a high technology company providing innovative solutions in systems integration, defense electronics and information technology for its U.S. and international military, government and commercial customers, as a prime contractor, principal subcontractor, team member or preferred supplier. (Company Press Release)”

Oakmont Corp holds 9.76% of its portfolio in Northrop Grumman Corporation for 219,530 shares. D.C. Capital Advisors Ltd owns 50,000 shares or 6.5% of their US portfolio. Moreover, Cypress Funds Llc has 4.88% invested in the company for 93,000 shares. The Maryland-based Rothschild Capital Partners Llc has invested 4.4% in the stock. Edgestream Partners L.P., a New Jersey-based fund reported 13,176 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 19 sales for $26.05 million net activity.

Northrop Grumman Corporation (NYSE:NOC) Ratings Coverage

Ratings analysis reveals 67% of Northrop Grumman’s analysts are positive. Out of 9 Wall Street analysts rating Northrop Grumman, 6 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $185 while the high is $270. The stock’s average target of $222.89 is -10.30% below today’s ($248.47) share price. NOC was included in 22 notes of analysts from July 30, 2015. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Neutral” rating by JP Morgan on Thursday, August 25. The firm has “Sector Perform” rating given on Thursday, May 19 by RBC Capital Markets. As per Tuesday, February 16, the company rating was maintained by Barclays Capital. The stock has “Buy” rating given by Argus Research on Thursday, November 12. The stock has “Outperform” rating given by RBC Capital Markets on Friday, January 29. Barclays Capital upgraded the stock to “Overweight” rating in Thursday, November 10 report. Wolfe Research downgraded the stock to “Peer Perform” rating in Thursday, October 29 report. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, May 2. The stock of Northrop Grumman Corporation (NYSE:NOC) has “Buy” rating given on Thursday, August 6 by Argus Research. As per Thursday, October 29, the company rating was maintained by RBC Capital Markets.

NOC Company Profile

Northrop Grumman Corporation (Northrop Grumman), incorporated on August 4, 2010, is a global security company. The Firm provides systems, products and solutions in unmanned systems; cyber; command, control, communications and computers (C4), intelligence, surveillance, and reconnaissance (C4ISR); strike aircraft, and logistics and modernization to Government and commercial clients across the world. The Firm operates through four divisions: Aerospace Systems, Electronic Systems, Information Systems and Technical Services. It offers a portfolio of capabilities and technologies that enable it to deliver systems and solutions for applications. The Firm participates in defense and government programs in the United States and abroad. The Firm conducts business with the United States Government, the Department of Defense (DoD) and intelligence community. The Firm also conducts business with local, state and foreign Governments, and domestic and international commercial customers.

Another recent and important Northrop Grumman Corporation (NYSE:NOC) news was published by Prnewswire.com which published an article titled: “U.S. Military Veterans to Meet U.S. Olympians at Historic New York Athletic …” on November 10, 2016.

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