Fairfield Bush & Company Holds Position in Lockheed Martin Corp. (LMT); Aureus Asset Management Trimmed Its Position in Facebook Cl A (FB) as Share Value Rose

February 19, 2018 - By Louis Casey

Aureus Asset Management Llc decreased its stake in Facebook Inc Cl A (FB) by 3.36% based on its latest 2017Q3 regulatory filing with the SEC. Aureus Asset Management Llc sold 3,680 shares as the company’s stock rose 10.88% with the market. The institutional investor held 105,736 shares of the technology company at the end of 2017Q3, valued at $18.07M, down from 109,416 at the end of the previous reported quarter. Aureus Asset Management Llc who had been investing in Facebook Inc Cl A for a number of months, seems to be less bullish one the $515.23B market cap company. The stock decreased 1.44% or $2.6 during the last trading session, reaching $177.36. About 21.02M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 19, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Fairfield Bush & Company increased its stake in Lockheed Martin Corp. (LMT) by 73.44% based on its latest 2017Q3 regulatory filing with the SEC. Fairfield Bush & Company bought 1,410 shares as the company’s stock rose 2.80% with the market. The institutional investor held 3,330 shares of the military and government and technical company at the end of 2017Q3, valued at $1.03 million, up from 1,920 at the end of the previous reported quarter. Fairfield Bush & Company who had been investing in Lockheed Martin Corp. for a number of months, seems to be bullish on the $103.38B market cap company. The stock decreased 0.13% or $0.47 during the last trading session, reaching $360.53. About 1.08M shares traded. Lockheed Martin Corporation (NYSE:LMT) has risen 14.19% since February 19, 2017 and is uptrending. It has underperformed by 2.51% the S&P500.




Since January 29, 2018, it had 0 insider buys, and 2 sales for $9.28 million activity. On Monday, January 29 the insider HEWSON MARILLYN A sold $6.59M.

Among 23 analysts covering Lockheed Martin Corporation (NYSE:LMT), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Lockheed Martin Corporation had 81 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Friday, August 25 with “Hold”. RBC Capital Markets maintained it with “Hold” rating and $26300 target in Monday, July 10 report. The stock has “Underweight” rating by Barclays Capital on Monday, May 2. The stock has “Hold” rating by RBC Capital Markets on Wednesday, October 25. The firm earned “Hold” rating on Tuesday, January 30 by Wells Fargo. The firm has “Buy” rating by Robert W. Baird given on Tuesday, January 30. Stifel Nicolaus maintained Lockheed Martin Corporation (NYSE:LMT) on Monday, January 8 with “Buy” rating. The firm has “Hold” rating by Jefferies given on Thursday, July 13. Berenberg initiated Lockheed Martin Corporation (NYSE:LMT) on Thursday, March 17 with “Buy” rating. Jefferies maintained the shares of LMT in report on Wednesday, July 19 with “Hold” rating.

Fairfield Bush & Company, which manages about $437.54M and $320.07M US Long portfolio, decreased its stake in Jm Smucker Co. (NYSE:SJM) by 8,244 shares to 56,344 shares, valued at $5.91 million in 2017Q3, according to the filing. It also reduced its holding in Csx Corp. (NYSE:CSX) by 6,000 shares in the quarter, leaving it with 25,300 shares, and cut its stake in Super Micro Computer Inc. (NASDAQ:SMCI).

Investors sentiment increased to 1.24 in 2017 Q3. Its up 0.17, from 1.07 in 2017Q2. It is positive, as 43 investors sold LMT shares while 356 reduced holdings. 110 funds opened positions while 386 raised stakes. 221.38 million shares or 1.04% less from 223.70 million shares in 2017Q2 were reported. Bailard has invested 0.02% in Lockheed Martin Corporation (NYSE:LMT). Invesco Limited, Georgia-based fund reported 822,849 shares. The Ohio-based Keystone Fincl Planning has invested 2.48% in Lockheed Martin Corporation (NYSE:LMT). Scotia Capital Inc has invested 0.08% in Lockheed Martin Corporation (NYSE:LMT). Riverhead Cap Management Lc holds 0.07% in Lockheed Martin Corporation (NYSE:LMT) or 4,616 shares. Contravisory Investment Mgmt Incorporated owns 0% invested in Lockheed Martin Corporation (NYSE:LMT) for 44 shares. St Germain D J reported 0.07% stake. Budros Ruhlin Roe Incorporated accumulated 1,584 shares. Eagle Ridge Management holds 0.26% or 5,060 shares. Cibc Bancshares Usa holds 0.76% or 18,665 shares in its portfolio. Metropolitan Life Ins Ny has 128,466 shares. Vantage Invest Ptnrs Ltd Liability Corp, a Kansas-based fund reported 43,372 shares. 4,364 are owned by Barrington Strategic Wealth Mngmt Grp Limited Liability Company. Blb&B Advsr Lc owns 2,661 shares. 4,850 are owned by First Mercantile Tru Communications.

Among 54 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 236 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Jefferies on Thursday, July 27. The firm has “Buy” rating by Monness Crespi given on Thursday, April 28. The company was maintained on Thursday, February 1 by Morgan Stanley. As per Thursday, February 1, the company rating was upgraded by Bank of America. JP Morgan maintained the shares of FB in report on Thursday, April 28 with “Overweight” rating. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Robert W. Baird on Thursday, February 1. RBC Capital Markets maintained Facebook, Inc. (NASDAQ:FB) on Wednesday, September 6 with “Buy” rating. The stock has “Buy” rating by RBC Capital Markets on Wednesday, June 7. The firm has “Buy” rating given on Thursday, July 30 by Deutsche Bank. The firm has “Overweight” rating given on Thursday, February 1 by Barclays Capital.

Since August 21, 2017, it had 0 insider purchases, and 34 sales for $515.32 million activity. $2.73M worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Cox Christopher K. 38,058 shares were sold by Schroepfer Michael Todd, worth $6.53 million. $134,821 worth of Facebook, Inc. (NASDAQ:FB) was sold by Stretch Colin. Sandberg Sheryl also sold $9.75 million worth of Facebook, Inc. (NASDAQ:FB) shares. FISCHER DAVID B. had sold 16,298 shares worth $2.75 million on Thursday, August 24. 640,754 shares were sold by Koum Jan, worth $109.70M.

Aureus Asset Management Llc, which manages about $874.10 million and $632.36 million US Long portfolio, upped its stake in American Tower Corp New Com (NYSE:AMT) by 4,090 shares to 116,687 shares, valued at $15.95M in 2017Q3, according to the filing. It also increased its holding in Cedar Fair LP Depositry Unit (NYSE:FUN) by 14,123 shares in the quarter, for a total of 235,369 shares, and has risen its stake in Schwab Charles Corp New Com (NYSE:SCHW).

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