MSH Capital Advisors LLC Makes New $261,000 Investment in Lockheed Martin Co. (NYSE:LMT)

MSH Capital Advisors LLC purchased a new stake in shares of Lockheed Martin Co. (NYSE:LMT - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 537 shares of the aerospace company's stock, valued at approximately $261,000.

A number of other hedge funds have also recently made changes to their positions in LMT. CFS Investment Advisory Services LLC boosted its stake in Lockheed Martin by 2.0% during the fourth quarter. CFS Investment Advisory Services LLC now owns 1,091 shares of the aerospace company's stock valued at $530,000 after buying an additional 21 shares in the last quarter. Wynn Capital LLC lifted its holdings in Lockheed Martin by 1.0% in the 4th quarter. Wynn Capital LLC now owns 2,185 shares of the aerospace company's stock valued at $1,062,000 after acquiring an additional 22 shares during the last quarter. PBMares Wealth Management LLC boosted its position in shares of Lockheed Martin by 0.6% during the 4th quarter. PBMares Wealth Management LLC now owns 3,745 shares of the aerospace company's stock valued at $1,820,000 after purchasing an additional 22 shares in the last quarter. Nvwm LLC grew its stake in shares of Lockheed Martin by 2.5% in the 4th quarter. Nvwm LLC now owns 908 shares of the aerospace company's stock worth $441,000 after purchasing an additional 22 shares during the last quarter. Finally, Schear Investment Advisers LLC raised its holdings in shares of Lockheed Martin by 2.0% in the 4th quarter. Schear Investment Advisers LLC now owns 1,147 shares of the aerospace company's stock worth $557,000 after purchasing an additional 22 shares in the last quarter. Hedge funds and other institutional investors own 74.19% of the company's stock.

Insider Transactions at Lockheed Martin

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

Analyst Ratings Changes

LMT has been the subject of several research reports. StockNews.com lowered Lockheed Martin from a "buy" rating to a "hold" rating in a research note on Tuesday, April 1st. Morgan Stanley raised shares of Lockheed Martin from an "equal weight" rating to an "overweight" rating and set a $575.00 price objective for the company in a research note on Wednesday, April 16th. JPMorgan Chase & Co. cut their target price on shares of Lockheed Martin from $540.00 to $535.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Susquehanna lowered their price target on Lockheed Martin from $590.00 to $550.00 and set a "positive" rating on the stock in a report on Wednesday, January 29th. Finally, UBS Group reduced their price objective on Lockheed Martin from $527.00 to $508.00 and set a "neutral" rating for the company in a research note on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Lockheed Martin has a consensus rating of "Hold" and an average target price of $539.93.

Lockheed Martin Stock Down 1.7 %

Shares of LMT traded down $7.82 during trading hours on Monday, hitting $456.26. 375,614 shares of the company were exchanged, compared to its average volume of 1,241,558. The firm's 50 day moving average is $452.24 and its 200-day moving average is $495.75. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.95 and a current ratio of 1.13. Lockheed Martin Co. has a 52 week low of $418.88 and a 52 week high of $618.95. The company has a market cap of $107.03 billion, a PE ratio of 20.50, a PEG ratio of 2.07 and a beta of 0.39.

Lockheed Martin (NYSE:LMT - Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The aerospace company reported $7.67 EPS for the quarter, beating analysts' consensus estimates of $6.58 by $1.09. Lockheed Martin had a net margin of 7.51% and a return on equity of 101.47%. On average, equities research analysts forecast that Lockheed Martin Co. will post 27.15 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 3rd were given a $3.30 dividend. This represents a $13.20 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend was Monday, March 3rd. Lockheed Martin's dividend payout ratio is currently 59.30%.

Lockheed Martin Company Profile

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.