As Northrop Grumman (NOC) Stock Price Rose, Holder Cobblestone Capital Advisors Decreased Holding by $492,735; Bremer Trust National Association Increased Holding in Graco (GGG)

May 24, 2018 - By Ash

Graco Inc. (NYSE:GGG) Logo

Bremer Trust National Association increased its stake in Graco Inc (GGG) by 185.55% based on its latest 2017Q4 regulatory filing with the SEC. Bremer Trust National Association bought 42,388 shares as the company’s stock declined 0.59% with the market. The institutional investor held 65,232 shares of the fluid controls company at the end of 2017Q4, valued at $2.95M, up from 22,844 at the end of the previous reported quarter. Bremer Trust National Association who had been investing in Graco Inc for a number of months, seems to be bullish on the $7.79B market cap company. The stock decreased 0.41% or $0.19 during the last trading session, reaching $46.47. About 3,349 shares traded. Graco Inc. (NYSE:GGG) has risen 44.03% since May 24, 2017 and is uptrending. It has outperformed by 32.48% the S&P500.




Cobblestone Capital Advisors Llc decreased its stake in Northrop Grumman Corp (NOC) by 42.9% based on its latest 2017Q4 regulatory filing with the SEC. Cobblestone Capital Advisors Llc sold 1,605 shares as the company’s stock rose 14.98% while stock markets declined. The hedge fund held 2,136 shares of the industrial machinery and components company at the end of 2017Q4, valued at $656,000, down from 3,741 at the end of the previous reported quarter. Cobblestone Capital Advisors Llc who had been investing in Northrop Grumman Corp for a number of months, seems to be less bullish one the $57.18B market cap company. The stock decreased 0.11% or $0.35 during the last trading session, reaching $327.89. About 18,937 shares traded. Northrop Grumman Corporation (NYSE:NOC) has risen 48.11% since May 24, 2017 and is uptrending. It has outperformed by 36.56% the S&P500.

Analysts await Northrop Grumman Corporation (NYSE:NOC) to report earnings on July, 25. They expect $3.64 EPS, up 15.56% or $0.49 from last year’s $3.15 per share. NOC’s profit will be $634.75M for 22.52 P/E if the $3.64 EPS becomes a reality. After $4.21 actual EPS reported by Northrop Grumman Corporation for the previous quarter, Wall Street now forecasts -13.54% negative EPS growth.

Since February 13, 2018, it had 0 insider buys, and 9 selling transactions for $6.82 million activity. Shares for $850,870 were sold by Peppard Denise M. on Tuesday, February 13. Hardesty Michael A sold $457,747 worth of stock or 1,296 shares.

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.08, from 1.06 in 2017Q3. It is negative, as 46 investors sold NOC shares while 287 reduced holdings. 105 funds opened positions while 222 raised stakes. 137.07 million shares or 0.41% less from 137.63 million shares in 2017Q3 were reported. Deutsche Financial Bank Ag accumulated 436,253 shares. Hennessy Inc invested 0.02% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Evermay Wealth Mgmt Limited Company holds 0.1% or 893 shares. Pacad Ltd stated it has 0.4% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Spectrum Grp Incorporated has 17 shares for 0% of their portfolio. Virtus Investment Advisers stated it has 13,785 shares. Covington Cap invested 0.02% in Northrop Grumman Corporation (NYSE:NOC). Texas-based Cypress Asset Mgmt Incorporated Tx has invested 0.1% in Northrop Grumman Corporation (NYSE:NOC). Apg Asset Mngmt Nv accumulated 195,409 shares or 0.09% of the stock. Agf Invs America holds 1.98% in Northrop Grumman Corporation (NYSE:NOC) or 17,288 shares. Cap Planning Advsr Limited Liability Com invested 1.18% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Private Wealth Ptnrs Ltd, a California-based fund reported 885 shares. Atalanta Sosnoff Cap Ltd Company holds 2,641 shares. Fmr Ltd Co invested in 7.96M shares or 0.29% of the stock. 11,423 are held by Envestnet Asset Management Inc.

Cobblestone Capital Advisors Llc, which manages about $1.26B and $1.01 billion US Long portfolio, upped its stake in Vanguard Index Fds (VTI) by 6,555 shares to 99,227 shares, valued at $13.62 million in 2017Q4, according to the filing. It also increased its holding in Schwab Strategic Tr (SCHB) by 42,446 shares in the quarter, for a total of 152,136 shares, and has risen its stake in Exxon Mobil Corp (NYSE:XOM).

Among 20 analysts covering Northrop Grumman (NYSE:NOC), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. Northrop Grumman had 66 analyst reports since July 30, 2015 according to SRatingsIntel. Citigroup maintained Northrop Grumman Corporation (NYSE:NOC) on Monday, March 12 with “Buy” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, January 8. The firm earned “Overweight” rating on Thursday, November 10 by Barclays Capital. The rating was maintained by Robert W. Baird on Friday, January 26 with “Buy”. The firm has “Equal-Weight” rating given on Monday, November 13 by Morgan Stanley. The rating was initiated by RBC Capital Markets on Thursday, January 12 with “Outperform”. Cowen & Co maintained the shares of NOC in report on Monday, July 17 with “Hold” rating. The stock of Northrop Grumman Corporation (NYSE:NOC) has “Buy” rating given on Tuesday, January 23 by RBC Capital Markets. Cowen & Co maintained Northrop Grumman Corporation (NYSE:NOC) rating on Wednesday, August 23. Cowen & Co has “Hold” rating and $275.0 target. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Outperform” rating by Wells Fargo on Tuesday, January 16.

More notable recent Northrop Grumman Corporation (NYSE:NOC) news were published by: Bizjournals.com which released: “Battle tanks and lasers: Northrop Grumman scores $9.4M contract with work in Orlando” on May 09, 2018, also Bizjournals.com with their article: “Orbital ATK launches Antares rocket to serve International Space Station” published on May 21, 2018, Investorplace.com published: “4 Notable Dividend Increases From the Past Week — Including Lam Research Corproation” on May 21, 2018. More interesting news about Northrop Grumman Corporation (NYSE:NOC) were released by: Globenewswire.com and their article: “Northrop Grumman to Webcast Annual Shareholders Meeting” published on May 11, 2018 as well as Seekingalpha.com‘s news article titled: “3 Situations To Buy The Dip” with publication date: May 19, 2018.

Among 15 analysts covering Graco Inc (NYSE:GGG), 2 have Buy rating, 0 Sell and 13 Hold. Therefore 13% are positive. Graco Inc had 36 analyst reports since September 15, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, July 26 by Oppenheimer. Alembic initiated Graco Inc. (NYSE:GGG) on Tuesday, September 15 with “Neutral” rating. Suntrust Robinson initiated the stock with “Buy” rating in Tuesday, November 3 report. RBC Capital Markets maintained Graco Inc. (NYSE:GGG) rating on Wednesday, January 3. RBC Capital Markets has “Hold” rating and $49.0 target. The rating was initiated by Alembic on Thursday, September 17 with “Neutral”. B. Riley & Co maintained it with “Neutral” rating and $50 target in Wednesday, January 31 report. SunTrust maintained it with “Hold” rating and $45.0 target in Tuesday, January 30 report. Robert W. Baird maintained it with “Hold” rating and $143.0 target in Wednesday, December 13 report. The rating was maintained by RBC Capital Markets with “Hold” on Monday, June 5. Robert W. Baird maintained it with “Hold” rating and $5200 target in Wednesday, April 4 report.

Investors sentiment increased to 9.88 in 2017 Q4. Its up 8.92, from 0.96 in 2017Q3. It increased, as 25 investors sold GGG shares while 7 reduced holdings. 59 funds opened positions while 257 raised stakes. 278.85 million shares or 493.55% more from 46.98 million shares in 2017Q3 were reported. Geode Cap Management Ltd Liability Corp holds 1.48 million shares. Aqr Lc holds 17,553 shares. Lpl Financial Lc stated it has 0% of its portfolio in Graco Inc. (NYSE:GGG). Pennsylvania-based Vanguard Grp Incorporated Inc has invested 0.03% in Graco Inc. (NYSE:GGG). Clarivest Asset Mngmt Limited Liability Co, California-based fund reported 122,700 shares. Fenimore Asset holds 1.67% of its portfolio in Graco Inc. (NYSE:GGG) for 971,481 shares. Tower Research Capital Ltd (Trc) reported 0.04% of its portfolio in Graco Inc. (NYSE:GGG). Menta Capital Lc has 6,900 shares. Planning Alternatives Limited Adv holds 0.14% or 17,910 shares in its portfolio. Fny Managed Accounts Limited Liability Corp has invested 0% in Graco Inc. (NYSE:GGG). Eaton Vance Management has 30,960 shares for 0% of their portfolio. Endurance Wealth Mngmt Inc has 0.01% invested in Graco Inc. (NYSE:GGG) for 1,770 shares. Prudential Finance Inc reported 952,304 shares stake. 1,200 were accumulated by Monetary Mgmt. Boston Private Wealth Limited Liability Company owns 5,100 shares for 0.01% of their portfolio.

Since December 13, 2017, it had 0 buys, and 9 insider sales for $23.05 million activity. MCHALE PATRICK J sold $10.01 million worth of stock. The insider CARROLL WILLIAM J sold 26,625 shares worth $1.24M. The insider Etchart Eric sold $657,476. The insider Johnson Jeffrey P. sold $4.24M. VAN SANT R WILLIAM had sold 15,000 shares worth $684,693. Rothe Christian E sold $1.68M worth of Graco Inc. (NYSE:GGG) on Wednesday, December 13.

Bremer Trust National Association, which manages about $372.01M US Long portfolio, decreased its stake in Nike Inc (NYSE:NKE) by 6,179 shares to 17,398 shares, valued at $1.09 million in 2017Q4, according to the filing. It also reduced its holding in On Semiconductor Corp (ONNN) by 21,460 shares in the quarter, leaving it with 160,798 shares, and cut its stake in Nvr Inc (NYSE:NVR).

Graco Inc. (NYSE:GGG) Institutional Positions Chart

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