Capitolis Liquid Global Markets LLC Invests $12.15 Million in Lockheed Martin Co. (NYSE:LMT)

Capitolis Liquid Global Markets LLC bought a new stake in Lockheed Martin Co. (NYSE:LMT - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 25,000 shares of the aerospace company's stock, valued at approximately $12,148,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Millstone Evans Group LLC bought a new position in shares of Lockheed Martin in the fourth quarter worth about $32,000. Mizuho Securities Co. Ltd. bought a new stake in Lockheed Martin during the 4th quarter worth approximately $34,000. Heck Capital Advisors LLC purchased a new position in Lockheed Martin during the fourth quarter valued at approximately $35,000. Redwood Park Advisors LLC bought a new position in shares of Lockheed Martin in the fourth quarter worth approximately $40,000. Finally, Runnymede Capital Advisors Inc. purchased a new stake in shares of Lockheed Martin in the fourth quarter worth $42,000. 74.19% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, VP Harry Edward Paul III sold 707 shares of the company's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $442.61, for a total transaction of $312,925.27. Following the completion of the sale, the vice president now directly owns 2,278 shares in the company, valued at $1,008,265.58. This represents a 23.69 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Robert M. Lightfoot, Jr. sold 3,213 shares of Lockheed Martin stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $442.42, for a total value of $1,421,495.46. Following the completion of the transaction, the insider now owns 2,000 shares in the company, valued at $884,840. This trade represents a 61.63 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 7,133 shares of company stock valued at $3,155,916 over the last three months. 0.14% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on LMT shares. JPMorgan Chase & Co. lowered their price target on Lockheed Martin from $540.00 to $535.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Wells Fargo & Company dropped their target price on shares of Lockheed Martin from $476.00 to $432.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Bank of America downgraded shares of Lockheed Martin from a "buy" rating to a "neutral" rating and reduced their price target for the company from $685.00 to $485.00 in a report on Monday, March 24th. Truist Financial started coverage on shares of Lockheed Martin in a report on Tuesday, January 14th. They set a "buy" rating and a $579.00 price objective for the company. Finally, Melius Research cut Lockheed Martin from a "strong-buy" rating to a "hold" rating in a report on Monday, March 24th. Nine analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $541.80.

Lockheed Martin Trading Up 0.7 %

LMT stock traded up $3.14 during mid-day trading on Thursday, reaching $474.46. The company had a trading volume of 1,092,468 shares, compared to its average volume of 1,264,309. The company has a market capitalization of $111.16 billion, a PE ratio of 21.31, a price-to-earnings-growth ratio of 2.07 and a beta of 0.29. The firm has a 50 day moving average of $460.89 and a 200 day moving average of $485.07. Lockheed Martin Co. has a 12 month low of $418.88 and a 12 month high of $618.95. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.13 and a quick ratio of 0.95.

Lockheed Martin (NYSE:LMT - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The aerospace company reported $7.28 EPS for the quarter, topping the consensus estimate of $6.34 by $0.94. Lockheed Martin had a return on equity of 101.47% and a net margin of 7.51%. The company had revenue of $17.96 billion for the quarter, compared to the consensus estimate of $17.83 billion. On average, equities analysts predict that Lockheed Martin Co. will post 27.15 earnings per share for the current fiscal year.

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.