As Lockheed Martin (LMT) Valuation Rose, Holder Laurel Grove Capital Has Decreased Stake by $325,475; As Enterprise Finl Svcs (EFSC) Stock Value Declined, Prudential Financial Lifted Stake

December 8, 2017 - By Vivian Park

Laurel Grove Capital Llc decreased its stake in Lockheed Martin Corp (LMT) by 4.3% based on its latest 2017Q2 regulatory filing with the SEC. Laurel Grove Capital Llc sold 1,175 shares as the company’s stock rose 2.80% with the market. The institutional investor held 26,132 shares of the military and government and technical company at the end of 2017Q2, valued at $7.26M, down from 27,307 at the end of the previous reported quarter. Laurel Grove Capital Llc who had been investing in Lockheed Martin Corp for a number of months, seems to be less bullish one the $90.55 billion market cap company. The stock increased 0.79% or $2.45 during the last trading session, reaching $314.42. About 972,381 shares traded. Lockheed Martin Corporation (NYSE:LMT) has risen 14.19% since December 8, 2016 and is uptrending. It has underperformed by 2.51% the S&P500.

Prudential Financial Inc increased its stake in Enterprise Finl Svcs Corp (EFSC) by 5.86% based on its latest 2017Q2 regulatory filing with the SEC. Prudential Financial Inc bought 18,860 shares as the company’s stock declined 10.32% while stock markets rallied. The institutional investor held 340,745 shares of the major banks company at the end of 2017Q2, valued at $13.90M, up from 321,885 at the end of the previous reported quarter. Prudential Financial Inc who had been investing in Enterprise Finl Svcs Corp for a number of months, seems to be bullish on the $1.04B market cap company. The stock increased 1.35% or $0.6 during the last trading session, reaching $44.9. About 95,523 shares traded or 15.01% up from the average. Enterprise Financial Services Corp (NASDAQ:EFSC) has risen 51.30% since December 8, 2016 and is uptrending. It has outperformed by 34.60% the S&P500.

Investors sentiment decreased to 1.32 in 2017 Q2. Its down 0.44, from 1.76 in 2017Q1. It is negative, as 17 investors sold EFSC shares while 46 reduced holdings. 21 funds opened positions while 62 raised stakes. 16.89 million shares or 7.90% more from 15.65 million shares in 2017Q1 were reported. Stifel Financial Corp owns 8,562 shares. Sterling Capital Management Ltd Liability Corp holds 0.01% or 32,113 shares. Eaton Vance Management has invested 0.01% in Enterprise Financial Services Corp (NASDAQ:EFSC). Finance Counselors holds 35,078 shares or 0.07% of its portfolio. 172,609 are held by Cortina Asset Mgmt Limited Com. Ameriprise Incorporated accumulated 0.01% or 257,415 shares. Great West Life Assurance Can has invested 0% in Enterprise Financial Services Corp (NASDAQ:EFSC). Price T Rowe Associates Incorporated Md holds 0% in Enterprise Financial Services Corp (NASDAQ:EFSC) or 5,160 shares. Montana-based Da Davidson And has invested 0% in Enterprise Financial Services Corp (NASDAQ:EFSC). Tower Research Cap Limited Liability Company (Trc) invested in 0% or 100 shares. Anderson Hoagland & Co has invested 1.71% in Enterprise Financial Services Corp (NASDAQ:EFSC). Bridgeway Cap reported 27,700 shares. Peak6 Invs Lp holds 0% of its portfolio in Enterprise Financial Services Corp (NASDAQ:EFSC) for 1,954 shares. Moreover, Moneta Grp Inc Investment Advisors Lc has 0.48% invested in Enterprise Financial Services Corp (NASDAQ:EFSC) for 71,650 shares. Blackrock invested in 1.35M shares or 0% of the stock.

Among 3 analysts covering Enterprise Financial Services (NASDAQ:EFSC), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Enterprise Financial Services had 12 analyst reports since October 23, 2015 according to SRatingsIntel. The stock of Enterprise Financial Services Corp (NASDAQ:EFSC) has “Buy” rating given on Friday, October 6 by Piper Jaffray. As per Wednesday, December 6, the company rating was maintained by Piper Jaffray. The firm earned “Buy” rating on Thursday, July 13 by Piper Jaffray. The firm earned “Hold” rating on Thursday, June 1 by Keefe Bruyette & Woods. DA Davidson downgraded Enterprise Financial Services Corp (NASDAQ:EFSC) on Thursday, November 12 to “Neutral” rating. The rating was maintained by Keefe Bruyette & Woods on Tuesday, October 3 with “Hold”. The firm earned “Overweight” rating on Monday, July 11 by Piper Jaffray. The stock of Enterprise Financial Services Corp (NASDAQ:EFSC) has “Neutral” rating given on Wednesday, October 12 by DA Davidson. The stock of Enterprise Financial Services Corp (NASDAQ:EFSC) has “Buy” rating given on Thursday, October 26 by Piper Jaffray.

Prudential Financial Inc, which manages about $67.22B US Long portfolio, decreased its stake in Lear Corp (NYSE:LEA) by 133,155 shares to 552,667 shares, valued at $78.52 million in 2017Q2, according to the filing. It also reduced its holding in Red Hat Inc (NYSE:RHT) by 83,800 shares in the quarter, leaving it with 254,186 shares, and cut its stake in Biglari Hldgs Inc (NYSE:BH).

Analysts await Lockheed Martin Corporation (NYSE:LMT) to report earnings on January, 23. They expect $4.03 earnings per share, up 24.00% or $0.78 from last year’s $3.25 per share. LMT’s profit will be $1.16 billion for 19.50 P/E if the $4.03 EPS becomes a reality. After $3.24 actual earnings per share reported by Lockheed Martin Corporation for the previous quarter, Wall Street now forecasts 24.38% EPS growth.

More notable recent Lockheed Martin Corporation (NYSE:LMT) news were published by: Nasdaq.com which released: “Lockheed Martin Wins $81M Deal From Missile Defense Agency” on November 22, 2017, also Benzinga.com with their article: “Jim Cramer Weighs In On Lockheed Martin, Twilio, And Visa” published on December 05, 2017, Nasdaq.com published: “Lockheed Martin’s Unit Wins $23M Deal to Support F-35 Jet” on December 05, 2017. More interesting news about Lockheed Martin Corporation (NYSE:LMT) were released by: Nasdaq.com and their article: “Lockheed Martin (LMT) Secures $21M Deal From US Air Force” published on November 29, 2017 as well as Prnewswire.com‘s news article titled: “Lockheed Martin Inks Five-Year Agreement to Provide Enhanced Laser Guided …” with publication date: December 05, 2017.

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