Cypress Funds Has Decreased Its Lockheed Martin (LMT) Position by $1.01 Million; Stock Value Declined; 3G Capital Partners LP Has Trimmed Its Microsoft (MSFT) Position by $16.83 Million; Stock Rose

August 10, 2018 - By Catherine Diaz

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3G Capital Partners Lp decreased its stake in Microsoft Corp (MSFT) by 22.54% based on its latest 2018Q1 regulatory filing with the SEC. 3G Capital Partners Lp sold 184,896 shares as the company’s stock rose 3.08% while stock markets declined. The hedge fund held 635,327 shares of the prepackaged software company at the end of 2018Q1, valued at $57.99M, down from 820,223 at the end of the previous reported quarter. 3G Capital Partners Lp who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $840.97 billion market cap company. The stock increased 0.16% or $0.18 during the last trading session, reaching $109.67. About 12.03 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since August 10, 2017 and is uptrending. It has outperformed by 28.71% the S&P500. Some Historical MSFT News: 10/04/2018 – C3 IoT and Microsoft Announce Strategic Partnership to Accelerate Al in the Enterprise; 12/04/2018 – Ciena Remembers Longtime Board Member Berry Cash; 17/04/2018 – UMB Announces Annual Meeting of Shareholders Available by Webcast and Telephone; 05/05/2018 – MUNGER SAYS INVESTORS SHOULD BE PAYING MORE ATTENTION TO CHINA; SAYS SOME RESIST BECAUSE IT SEEMS TOO DIFFICULT OR TOO FAR AWAY; 30/04/2018 – Microsoft’s John Thompson is going to help venture capital firm Lightspeed find some deals Thompson succeeded Bill Gates as chairman of the Seattle giant; 14/05/2018 – Insight Illustrates the Power of Microsoft’s New Azure Sphere Solution; 26/04/2018 – Cloud services keep driving revenue growth for Microsoft; 07/05/2018 – FreshBooks Announces the Ability for Small Business Owners to Collect Payments Directly Within Microsoft Outlook with Microsoft; 24/04/2018 – Device Authority Announces Support for Microsoft Azure IoT Hub; 12/03/2018 – Microsoft announces quarterly dividend

Cypress Funds Llc decreased its stake in Lockheed Martin Corp (LMT) by 3.61% based on its latest 2018Q1 regulatory filing with the SEC. Cypress Funds Llc sold 3,000 shares as the company’s stock declined 10.57% with the market. The hedge fund held 80,000 shares of the military and government and technical company at the end of 2018Q1, valued at $27.03 million, down from 83,000 at the end of the previous reported quarter. Cypress Funds Llc who had been investing in Lockheed Martin Corp for a number of months, seems to be less bullish one the $89.41B market cap company. The stock increased 0.13% or $0.4 during the last trading session, reaching $315.71. About 1.05 million shares traded. Lockheed Martin Corporation (NYSE:LMT) has risen 13.73% since August 10, 2017 and is uptrending. It has outperformed by 1.16% the S&P500. Some Historical LMT News: 26/04/2018 – AIRSHOW-U.S. Marines say new CH-53K helicopter programme on track; 17/04/2018 – INSIGHT-Arming the world: Inside Trump’s “Buy American” drive to expand weapons exports; 06/03/2018 – Weapons of the future: Here’s the new war tech Lockheed Martin is pitching to the Pentagon; 24/05/2018 – U.S. Senate defense bill would bar Turkey from buying F-35 jets; 03/04/2018 – Supersonic Jet With Less Noise? Lockheed Wins NASA Award to Try; 28/03/2018 – Lockheed Martin, Poland Sign Agreement for Hit-to-Kill PAC-3 MSE Missile; 10/04/2018 – Airbus, Lockheed Rush to Tap India’s $620B Defense Market (Video); 25/04/2018 – AIRSHOW-Big data aids Sikorsky in improving helicopter maintenance; 02/05/2018 – LMT: The US Air Force has confirmed that a US Air National Guard C-130 crashed in Georgia on Wednesday per CNN’s Ryan Browne – ! $LMT; 24/05/2018 – Lockheed Wins $558.3 Million U.S. Navy Contract

Investors sentiment decreased to 0.95 in 2018 Q1. Its down 0.23, from 1.18 in 2017Q4. It fall, as 43 investors sold LMT shares while 441 reduced holdings. 99 funds opened positions while 359 raised stakes. 216.82 million shares or 0.95% less from 218.89 million shares in 2017Q4 were reported. Pinnacle Wealth Advisory Gp Lc owns 4,208 shares. Wills Fincl holds 14,561 shares or 3.64% of its portfolio. Point72 Asset Mgmt LP holds 0.55% or 388,919 shares in its portfolio. Westover Cap Advisors Llc holds 0.3% in Lockheed Martin Corporation (NYSE:LMT) or 1,609 shares. Cap Lc invested in 0.53% or 23,941 shares. Azimuth Cap Ltd Com owns 3,412 shares. Dearborn Limited Liability Company owns 1,828 shares for 0.05% of their portfolio. Field And Main Financial Bank stated it has 0.16% in Lockheed Martin Corporation (NYSE:LMT). Td Asset Mgmt stated it has 454,629 shares or 0.24% of all its holdings. 1,289 are owned by Wms Prtnrs Ltd Company. Amalgamated Commercial Bank reported 0.32% in Lockheed Martin Corporation (NYSE:LMT). Moreover, Apg Asset Mngmt Nv has 0.77% invested in Lockheed Martin Corporation (NYSE:LMT). Blair William And Il owns 11,046 shares. Jfs Wealth Advsr Limited Liability Co reported 148 shares or 0.01% of all its holdings. Buckingham Asset Mgmt Limited Company invested in 2,151 shares.

More notable recent Lockheed Martin Corporation (NYSE:LMT) news were published by: Bizjournals.com which released: “Lockheed Martin secures $450.7M contract to build warships” on July 17, 2018, also Bizjournals.com with their article: “Lockheed Martin could hire up to 400 workers at Fort Worth job fair” published on July 20, 2018, Seekingalpha.com published: “Lockheed Martin: A Great Choice For Dividend Investors, Too” on July 30, 2018. More interesting news about Lockheed Martin Corporation (NYSE:LMT) were released by: Bizjournals.com and their article: “How Lockheed Martin’s Orlando-made systems and gear prepare military for future combat” published on August 09, 2018 as well as Seekingalpha.com‘s news article titled: “Japan picks Lockheed radar for Aegis batteries” with publication date: July 30, 2018.

Since July 25, 2018, it had 0 insider buys, and 2 insider sales for $10.44 million activity. Lavan Maryanne sold 7,250 shares worth $2.35 million.

Among 23 analysts covering Lockheed Martin Corporation (NYSE:LMT), 15 have Buy rating, 0 Sell and 8 Hold. Therefore 65% are positive. Lockheed Martin Corporation had 93 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, January 27 by Wolfe Research. Argus Research maintained Lockheed Martin Corporation (NYSE:LMT) rating on Tuesday, July 21. Argus Research has “Buy” rating and $225 target. The stock has “Underweight” rating by Barclays Capital on Tuesday, February 16. On Wednesday, November 15 the stock rating was maintained by RBC Capital Markets with “Hold”. Credit Suisse reinitiated the shares of LMT in report on Wednesday, November 18 with “Neutral” rating. Morgan Stanley maintained Lockheed Martin Corporation (NYSE:LMT) on Thursday, April 12 with “Overweight” rating. RBC Capital Markets maintained Lockheed Martin Corporation (NYSE:LMT) rating on Tuesday, July 18. RBC Capital Markets has “Hold” rating and $28900 target. As per Monday, December 5, the company rating was maintained by Deutsche Bank. The firm has “Outperform” rating given on Wednesday, January 27 by RBC Capital Markets. The rating was downgraded by Berenberg on Tuesday, May 31 to “Hold”.

Analysts await Lockheed Martin Corporation (NYSE:LMT) to report earnings on October, 23. They expect $4.28 earnings per share, up 32.10% or $1.04 from last year’s $3.24 per share. LMT’s profit will be $1.21B for 18.44 P/E if the $4.28 EPS becomes a reality. After $4.31 actual earnings per share reported by Lockheed Martin Corporation for the previous quarter, Wall Street now forecasts -0.70% negative EPS growth.

Cypress Funds Llc, which manages about $356.95 million and $673.07 million US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 100,000 shares to 315,000 shares, valued at $50.33 million in 2018Q1, according to the filing. It also increased its holding in Lam Research Corp (NASDAQ:LRCX) by 148,500 shares in the quarter, for a total of 270,000 shares, and has risen its stake in Boeing Co (NYSE:BA).

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on October, 25. They expect $0.96 earnings per share, up 14.29% or $0.12 from last year’s $0.84 per share. MSFT’s profit will be $7.36 billion for 28.56 P/E if the $0.96 EPS becomes a reality. After $1.13 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -15.04% negative EPS growth.

3G Capital Partners Lp, which manages about $11.34B and $1.42 billion US Long portfolio, upped its stake in Suncor Energy Inc New (NYSE:SU) by 500,000 shares to 2.00M shares, valued at $69.08M in 2018Q1, according to the filing. It also increased its holding in Canadian Pac Ry Ltd (NYSE:CP) by 5,212 shares in the quarter, for a total of 585,061 shares, and has risen its stake in Altice Usa Inc.

Since February 16, 2018, it had 1 insider purchase, and 4 sales for $1.39 million activity. PETERSON SANDRA E bought $550,606 worth of stock.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 32 have Buy rating, 1 Sell and 4 Hold. Therefore 86% are positive. Microsoft Corporation had 208 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Wednesday, July 20 with “Buy”. Morgan Stanley maintained it with “Overweight” rating and $110 target in Friday, February 2 report. KeyBanc Capital Markets maintained the stock with “Buy” rating in Sunday, July 16 report. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Wednesday, June 14 by Cowen & Co. The rating was maintained by Credit Suisse on Monday, August 7 with “Buy”. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Overweight” rating given on Wednesday, January 6 by Barclays Capital. The rating was maintained by Bernstein on Thursday, May 24 with “Buy”. Citigroup maintained it with “Sell” rating and $79 target in Friday, October 27 report. The stock has “Outperform” rating by Wells Fargo on Wednesday, January 11. The company was initiated on Thursday, December 22 by Piper Jaffray.

Investors sentiment decreased to 0.74 in 2018 Q1. Its down 0.03, from 0.77 in 2017Q4. It turned negative, as 49 investors sold MSFT shares while 1035 reduced holdings. 142 funds opened positions while 665 raised stakes. 5.38 billion shares or 1.45% less from 5.46 billion shares in 2017Q4 were reported. Prescott Grp Cap Management Ltd Liability Company owns 6,000 shares or 0.12% of their US portfolio. Rockland Tru holds 0.5% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 41,844 shares. Delta Asset Mngmt Ltd Liability Corporation Tn has 7.87% invested in Microsoft Corporation (NASDAQ:MSFT) for 580,722 shares. Baker Avenue Asset Management Limited Partnership holds 1.69% or 204,542 shares in its portfolio. American Trust Investment Advisors Limited Liability Com reported 36,910 shares stake. Insight 2811 Incorporated accumulated 3,426 shares or 0.22% of the stock. Vantage Advsrs Ltd Liability invested in 17,846 shares or 0.41% of the stock. 115,427 were accumulated by Moreno Evelyn V. Robeco Institutional Asset Mngmt Bv accumulated 1.55% or 3.64M shares. Trust Company Of Oklahoma owns 0% invested in Microsoft Corporation (NASDAQ:MSFT) for 45,433 shares. Van Strum Towne Inc stated it has 129,250 shares or 8.29% of all its holdings. Asset Mngmt One Limited accumulated 11.88 million shares or 2.44% of the stock. Louisiana State Employees Retirement reported 1.96% stake. Connecticut-based Massmutual Fsb Adv has invested 0% in Microsoft Corporation (NASDAQ:MSFT). Joel Isaacson And Ltd Limited Liability Company accumulated 0.59% or 36,833 shares.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “Microsoft: A Great Company For An Even Greater Price” on July 23, 2018, also Seekingalpha.com with their article: “Sell Microsoft And Don’t Look Back” published on August 08, 2018, Seekingalpha.com published: “Microsoft: Winning The Cloud Wars And Becoming A Trillion Dollar Company” on August 09, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Nasdaq.com and their article: “Microsoft (MSFT) 4th Quarter Earnings: What to Expect” published on July 19, 2018 as well as Nasdaq.com‘s news article titled: “Noteworthy Friday Option Activity: HIG, IRM, MSFT” with publication date: July 27, 2018.

Lockheed Martin Corporation (NYSE:LMT) Institutional Positions Chart

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