Valero Energy Partners (VLP) Stock Neutral Rating Reaffirmed at Citigroup; The PT is $40.5; Horizon Investments Increased By $434,142 Its Lockheed Martin Com (LMT) Stake

May 2, 2018 - By Marguerite Chambers

Lockheed Martin Corporation (NYSE:LMT) Logo

Citigroup currently has a $40.5 target price on the $2.78 billion market cap company or 3.16% upside potential. In a research note revealed to clients on 2 May, Valero Energy Partners (NYSE:VLP) stock had its Neutral Rating reconfirmed by stock research analysts at Citigroup.

Horizon Investments Llc increased Lockheed Martin Corp Com (LMT) stake by 42.24% reported in 2017Q4 SEC filing. Horizon Investments Llc acquired 1,602 shares as Lockheed Martin Corp Com (LMT)’s stock rose 6.55%. The Horizon Investments Llc holds 5,395 shares with $1.46M value, up from 3,793 last quarter. Lockheed Martin Corp Com now has $88.07 billion valuation. The stock decreased 3.86% or $12.38 during the last trading session, reaching $308.46. About 3.88M shares traded or 132.32% up from the average. Lockheed Martin Corporation (NYSE:LMT) has risen 26.83% since May 2, 2017 and is uptrending. It has outperformed by 15.28% the S&P500.

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 85 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Sunday, October 8 by RBC Capital Markets. The stock of Lockheed Martin Corporation (NYSE:LMT) has “Underweight” rating given on Monday, November 30 by Barclays Capital. The firm has “Hold” rating given on Tuesday, January 30 by Bernstein. The stock of Lockheed Martin Corporation (NYSE:LMT) earned “Hold” rating by RBC Capital Markets on Friday, April 6. The stock of Lockheed Martin Corporation (NYSE:LMT) has “Neutral” rating given on Wednesday, October 25 by Credit Suisse. The stock of Lockheed Martin Corporation (NYSE:LMT) earned “Sector Perform” rating by RBC Capital Markets on Thursday, May 19. RBC Capital Markets maintained Lockheed Martin Corporation (NYSE:LMT) rating on Tuesday, January 23. RBC Capital Markets has “Hold” rating and $348.0 target. The rating was initiated by Guggenheim on Wednesday, January 20 with “Buy”. The stock of Lockheed Martin Corporation (NYSE:LMT) has “Buy” rating given on Tuesday, July 21 by Argus Research. The firm has “Buy” rating given on Tuesday, January 30 by Robert W. Baird.

Investors sentiment decreased to 1.18 in 2017 Q4. Its down 0.06, from 1.24 in 2017Q3. It fall, as 37 investors sold LMT shares while 381 reduced holdings. 103 funds opened positions while 390 raised stakes. 218.89 million shares or 1.12% less from 221.38 million shares in 2017Q3 were reported. Tiverton Asset Mngmt Limited Liability Co stated it has 0.07% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). 646,793 are owned by Bahl And Gaynor. Provise Mgmt Limited Co has 0.13% invested in Lockheed Martin Corporation (NYSE:LMT). Ruggie reported 204 shares stake. Hallmark Cap Mgmt reported 0.23% stake. Hbk Sorce Advisory Ltd Liability Corporation has 0.36% invested in Lockheed Martin Corporation (NYSE:LMT) for 9,374 shares. Louisiana State Employees Retirement Systems holds 15,100 shares. James Investment Research holds 0.21% or 18,917 shares in its portfolio. Rathbone Brothers Pcl stated it has 232,523 shares. 3.28M are owned by Northern Tru. Zeke Capital Ltd Limited Liability Company invested in 0.18% or 5,391 shares. Forte Limited Liability Company Adv has 1,487 shares. Clifford Swan Investment Counsel Limited Liability Company owns 17,325 shares. 2,120 are held by Wellington Shields And Company Ltd Liability Company. Gulf International State Bank (Uk) reported 82,766 shares.

Since January 29, 2018, it had 0 insider buys, and 2 selling transactions for $9.28 million activity. The insider HEWSON MARILLYN A sold $6.59M. Another trade for 7,517 shares valued at $2.69 million was sold by Ambrose Richard F.

Horizon Investments Llc decreased Republic Svcs Inc Com (NYSE:RSG) stake by 11,344 shares to 25,335 valued at $1.59M in 2017Q4. It also reduced Honeywell Intl Inc Com (NYSE:HON) stake by 5,837 shares and now owns 15,087 shares. Dbx Etf Tr Xtrack Msci Eafe (DBEF) was reduced too.

Investors sentiment increased to 0.9 in Q4 2017. Its up 0.01, from 0.89 in 2017Q3. It improved, as 10 investors sold Valero Energy Partners LP shares while 31 reduced holdings. 17 funds opened positions while 20 raised stakes. 19.75 million shares or 1.81% less from 20.12 million shares in 2017Q3 were reported. Blackrock invested in 0% or 219,995 shares. Atlantic Tru Grp Ltd Co accumulated 231,098 shares or 0.04% of the stock. Ameriprise Inc invested 0% of its portfolio in Valero Energy Partners LP (NYSE:VLP). Tph Asset Mngmt Limited Liability has invested 1.26% in Valero Energy Partners LP (NYSE:VLP). Royal National Bank Of Canada reported 0% of its portfolio in Valero Energy Partners LP (NYSE:VLP). Pnc Fin Services Grp invested in 1,666 shares. Citigroup stated it has 0% of its portfolio in Valero Energy Partners LP (NYSE:VLP). Nuveen Asset Limited Liability Company accumulated 0.01% or 20,738 shares. Silvercrest Asset Mngmt Gru Inc Limited Liability has 282,031 shares. Cohen & Steers Inc accumulated 0% or 4,964 shares. Tortoise Cap Advsr Ltd Llc stated it has 5.67 million shares or 1.66% of all its holdings. X Lc reported 175,376 shares stake. California Pub Employees Retirement Systems has 0% invested in Valero Energy Partners LP (NYSE:VLP). Stephens Ar reported 7,200 shares stake. Ent Fincl Ser Corp accumulated 532 shares.

The stock decreased 0.43% or $0.17 during the last trading session, reaching $39.26. About 44,905 shares traded. Valero Energy Partners LP (NYSE:VLP) has declined 26.85% since May 2, 2017 and is downtrending. It has underperformed by 38.40% the S&P500.

Valero Energy Partners LP owns, operates, develops, and acquires crude oil and refined petroleum products pipelines, terminals, and other transportation and logistics assets in the United States. The company has market cap of $2.78 billion. The Company’s assets consists of the Port Arthur logistics system, the McKee logistics system, the Memphis logistics system, the Three Rivers logistics system, the Ardmore logistics system, the Houston logistics system, the St. It has a 14.15 P/E ratio. Charles logistics system, the Corpus Christi logistics system, and the Meraux logistics system located in the Gulf Coast and Mid-Continent regions of the United States.

Lockheed Martin Corporation (NYSE:LMT) Institutional Positions Chart

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