Northrop Grumman Corp (NOC) Holder Daiwa Sb Investments LTD Has Lowered Stake by $5.56 Million as Stock Price Declined

September 14, 2018 - By Duane Lopez

Northrop Grumman Corporation (NYSE:NOC) LogoInvestors sentiment increased to 1.01 in 2018 Q2. Its up 0.13, from 0.88 in 2018Q1. It increased, as 53 investors sold NOC shares while 273 reduced holdings. 96 funds opened positions while 234 raised stakes. 137.09 million shares or 0.52% less from 137.81 million shares in 2018Q1 were reported. Kcm Inv Advsr Limited Com invested in 0.01% or 657 shares. Massmutual Trust Fsb Adv reported 6,253 shares. Murphy Cap Mngmt Inc owns 3,082 shares or 0.14% of their US portfolio. Thomas J Herzfeld Advsr Inc has invested 0% in Northrop Grumman Corporation (NYSE:NOC). Gulf Intll Bank (Uk) Limited accumulated 52,193 shares or 0.2% of the stock. Kingfisher Capital has invested 0.64% in Northrop Grumman Corporation (NYSE:NOC). New York-based Sg Americas Limited Liability Corp has invested 0.03% in Northrop Grumman Corporation (NYSE:NOC). 44,474 were accumulated by Cibc Ww. Keybank National Association Oh holds 55,044 shares. Penobscot Investment stated it has 0.26% in Northrop Grumman Corporation (NYSE:NOC). Edgestream Partners Lp stated it has 0.13% in Northrop Grumman Corporation (NYSE:NOC). Moreover, Cypress Funds Ltd has 3.9% invested in Northrop Grumman Corporation (NYSE:NOC) for 81,000 shares. The California-based Aperio Gp Incorporated Ltd Liability has invested 0.2% in Northrop Grumman Corporation (NYSE:NOC). 1,700 were accumulated by Birmingham Capital Inc Al. Blb&B Ltd Liability Corp reported 0.05% in Northrop Grumman Corporation (NYSE:NOC).

Since April 1, 2018, it had 0 insider purchases, and 4 sales for $3.32 million activity. Kalan Lesley A sold 1,065 shares worth $319,521. Another trade for 955 shares valued at $323,602 was sold by Pamiljans Janis G. Perry David T sold $1.33 million worth of Northrop Grumman Corporation (NYSE:NOC) on Monday, July 30.

Daiwa Sb Investments Ltd decreased its stake in Northrop Grumman Corp (NOC) by 95.51% based on its latest 2018Q2 regulatory filing with the SEC. Daiwa Sb Investments Ltd sold 18,060 shares as the company’s stock declined 7.41% while stock markets rallied. The institutional investor held 850 shares of the industrial machinery and components company at the end of 2018Q2, valued at $262,000, down from 18,910 at the end of the previous reported quarter. Daiwa Sb Investments Ltd who had been investing in Northrop Grumman Corp for a number of months, seems to be less bullish one the $53.20B market cap company. The stock increased 0.69% or $2.09 during the last trading session, reaching $305.5. About 91,076 shares traded. Northrop Grumman Corporation (NYSE:NOC) has risen 12.85% since September 14, 2017 and is uptrending. It has underperformed by 2.77% the S&P500.

Daiwa Sb Investments Ltd, which manages about $47.22 billion and $409.87 million US Long portfolio, upped its stake in Western Digital Corp (NASDAQ:WDC) by 79,170 shares to 109,630 shares, valued at $8.49 million in 2018Q2, according to the filing. It also increased its holding in Itron Inc (NASDAQ:ITRI) by 57,177 shares in the quarter, for a total of 99,477 shares, and has risen its stake in Cl A.

Analysts await Northrop Grumman Corporation (NYSE:NOC) to report earnings on October, 24. They expect $4.33 EPS, up 17.66 % or $0.65 from last year’s $3.68 per share. NOC’s profit will be $753.96 million for 17.64 P/E if the $4.33 EPS becomes a reality. After $3.93 actual EPS reported by Northrop Grumman Corporation for the previous quarter, Wall Street now forecasts 10.18 % EPS growth.

More notable recent Northrop Grumman Corporation (NYSE:NOC) news were published by: which released: “High-wage jobs drive demand for $100M+ Central Florida town center project” on September 06, 2018, also with their article: “Orlando Melbourne International Airport” published on August 23, 2018, published: “Consolidation accelerates in government contracting. Who’s next in M&A?” on September 12, 2018. More interesting news about Northrop Grumman Corporation (NYSE:NOC) were released by: and their article: “Recent Underperformance Makes Northrop Grumman An Interesting Opportunity” published on August 21, 2018 as well as‘s news article titled: “Here’s Lockheed Martin’s Plan for the Next US Fighter Jet” with publication date: September 08, 2018.

Northrop Grumman Corporation (NYSE:NOC) Ratings Coverage

Among 10 analysts covering Northrop Grumman (NYSE:NOC), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Northrop Grumman had 13 analyst reports since March 29, 2018 according to SRatingsIntel. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, April 12 report. The company was maintained on Friday, April 6 by RBC Capital Markets. Credit Suisse maintained Northrop Grumman Corporation (NYSE:NOC) rating on Friday, July 27. Credit Suisse has “Neutral” rating and $326 target. The firm has “Buy” rating given on Friday, June 22 by Robert W. Baird. Goldman Sachs upgraded the shares of NOC in report on Tuesday, May 8 to “Buy” rating. The stock has “Neutral” rating by Credit Suisse on Thursday, April 26. The rating was maintained by Credit Suisse on Tuesday, May 22 with “Hold”. The rating was maintained by Credit Suisse on Wednesday, June 27 with “Neutral”. Bernstein maintained Northrop Grumman Corporation (NYSE:NOC) on Thursday, April 26 with “Hold” rating. On Friday, July 27 the stock rating was maintained by JP Morgan with “Overweight”.

Northrop Grumman Corporation (NYSE:NOC) Institutional Positions Chart

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