Ownership Action to Note: Q2 2016 Sentiment L 3 Communications Holdings Inc (NYSE:LLL)

November 28, 2016 - By Hazel Jackson   ·   0 Comments

Ownership Action to Note:  Q2 2016 Sentiment L 3 Communications Holdings Inc (NYSE:LLL)

Sentiment for L 3 Communications Holdings Inc (NYSE:LLL)

L 3 Communications Holdings Inc (NYSE:LLL) institutional sentiment increased to 1.06 in Q2 2016. Its up 0.06, from 1 in 2016Q1. The ratio has increased, as 194 investment professionals increased or opened new positions, while 194 sold and reduced positions in L 3 Communications Holdings Inc. The investment professionals in our partner’s database now hold: 61.56 million shares, down from 65.27 million shares in 2016Q1. Also, the number of investment professionals holding L 3 Communications Holdings Inc in their top 10 positions increased from 0 to 3 for an increase of 3. Sold All: 30 Reduced: 164 Increased: 130 New Position: 64.

L-3 Communications Holdings, Inc. operates through its operating subsidiary L-3 Communications (L-3). The company has a market cap of $12.19 billion. The Firm operates through three divisions: Electronic Systems, which provides a range of services and products, including components, products, subsystems, systems and related services to military and commercial customers; Aerospace Systems, which provides services and products for the Intelligence, Surveillance and Reconnaissance (ISR) market, specializing in signals intelligence (SIGINT) and multi-intelligence platforms, and Communication Systems, which provides network and communication systems, secure communications products, radio frequency components, satellite communication terminals, and space, microwave and telemetry products. It has a 15.07 P/E ratio.

The stock closed at $156.36 during the last session. It is down 26.25% since April 25, 2016 and is uptrending. It has outperformed by 20.24% the S&P500.

Analysts await L-3 Communications Holdings, Inc. (NYSE:LLL) to report earnings on January, 26. They expect $2.13 EPS, down 1.39% or $0.03 from last year’s $2.16 per share. LLL’s profit will be $166.06 million for 18.35 P/E if the $2.13 EPS becomes a reality. After $1.88 actual EPS reported by L-3 Communications Holdings, Inc. for the previous quarter, Wall Street now forecasts 13.30% EPS growth.

According to Zacks Investment Research, “L-3 Communications Holdings is a merchant supplier of sophisticated secure communication systems and specialized communication products. They produce secure, high data rate communication systems, microwave components, avionics and ocean systems and telemetry, instrumentation and space products. L-3’s systems and specialized products are used to connect a variety of airborne, space, ground-and sea-based communication systems and are used in the transmission, processing, recording, monitoring and dissemination functions of these communication systems.”

Beaconlight Capital Llc holds 6.01% of its portfolio in L-3 Communications Holdings, Inc. for 87,872 shares. Cognios Capital Llc owns 77,831 shares or 3.63% of their US portfolio. Moreover, Guyasuta Investment Advisors Inc has 2.82% invested in the company for 143,731 shares. The Connecticut-based Discovery Capital Management Llc Ct has invested 2.56% in the stock. Bourgeon Capital Management Llc, a Connecticut-based fund reported 25,100 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 5 insider sales for $22.83 million net activity.

L-3 Communications Holdings, Inc. (NYSE:LLL) Ratings Coverage

Ratings analysis reveals 82% of L-3 Communications’s analysts are positive. Out of 11 Wall Street analysts rating L-3 Communications, 9 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $116 while the high is $184. The stock’s average target of $156.25 is -0.07% below today’s ($156.36) share price. LLL was included in 17 notes of analysts from July 30, 2015. The rating was downgraded by Bank of America to “Underperform” on Thursday, July 30. On Wednesday, December 9 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Goldman Sachs downgraded it to “Neutral” rating and $116 target price in Tuesday, September 8 report. As per Thursday, August 25, the company rating was upgraded by JP Morgan. The firm has “Buy” rating by Goldman Sachs given on Monday, May 2. Deutsche Bank maintained it with “Buy” rating and $160 target price in Monday, June 13 report. Drexel Hamilton upgraded L-3 Communications Holdings, Inc. (NYSE:LLL) on Friday, May 20 to “Buy” rating. On Friday, July 31 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The stock has “Outperform” rating given by RBC Capital Markets on Thursday, May 19. The stock has “Buy” rating given by Deutsche Bank on Friday, July 31.

LLL Company Profile

L-3 Communications Holdings, Inc. (L-3 Holdings), incorporated on March 20, 1997, operates through its operating subsidiary L-3 Communications (L-3). The Firm operates through three divisions: Electronic Systems, Aerospace Systems and Communication Systems. L-3 Communications is a contractor in Intelligence, Surveillance and Reconnaissance (ISR) systems, aircraft sustainment (including modifications, logistics and maintenance), simulation and training, night vision and image intensification equipment, and security and detection systems. L-3 is also a well-known provider of a range of communication and electronic systems and products used on military and commercial platforms. The Company’s clients include the United States Department of Defense (DoD) and its prime contractors, the United States Government intelligence agencies, the United States Department of Homeland Security (DHS), foreign Governments, and domestic and international commercial customers.

More news for L-3 Communications Holdings, Inc. (NYSE:LLL) were recently published by: Wsj.com, which released: “L-3 Communications Acquires MacDonald Humfrey Automation” on November 22, 2016. Nasdaq.com‘s article titled: “L-3 Communications Holdings, Inc. (LLL) Ex-Dividend Date Scheduled for …” and published on November 14, 2016 is yet another important article.

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By Hazel Jackson


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