Northrop Grumman Corporation (NOC) on Focus After Trading At All-Time Highs

February 15, 2018 - By Henry Gaston

Investors sentiment increased to 1.06 in Q3 2017. Its up 0.12, from 0.94 in 2017Q2. It increased, as 42 investors sold Northrop Grumman Corporation shares while 273 reduced holdings. 92 funds opened positions while 242 raised stakes. 137.63 million shares or 0.84% less from 138.80 million shares in 2017Q2 were reported.
Weiss Multi stated it has 39,000 shares or 0.42% of all its holdings. Ls Invest Advsr Ltd Limited Liability Company reported 8,686 shares. Moreover, Aviva Plc has 0.27% invested in Northrop Grumman Corporation (NYSE:NOC) for 172,512 shares. Navellier Associate Incorporated holds 0.49% or 8,701 shares. Edgestream Prns Lp holds 7,154 shares or 1.1% of its portfolio. 86,356 were accumulated by Seizert Cap Prtn Ltd Company. 520 were accumulated by Community Bank & Trust Na. Torch Wealth Mgmt Ltd stated it has 0.86% in Northrop Grumman Corporation (NYSE:NOC). Westwood Group Inc holds 0% or 900 shares. 35,097 are owned by Ahl Ptnrs Limited Liability Partnership. Amica Pension Fund Board Of Trustees holds 0.22% or 6,438 shares. First Midwest Natl Bank Division owns 5,071 shares. Robeco Institutional Asset Bv invested in 333,204 shares. Leuthold Group Limited Liability Com has 28,501 shares. Dynamic Cap Mngmt Limited reported 3,561 shares or 0.29% of all its holdings.

Since October 27, 2017, it had 0 insider purchases, and 1 sale for $1.88 million activity.

The stock of Northrop Grumman Corporation (NYSE:NOC) reached all time high today, Feb, 15 and still has $380.97 target or 7.00 % above today’s $356.05 share price. This indicates more upside for the $61.98 billion company. This technical setup was reported by If the $380.97 PT is reached, the company will be worth $4.34 billion more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 1.84% or $6.43 during the last trading session, reaching $356.05. About 531,006 shares traded. Northrop Grumman Corporation (NYSE:NOC) has risen 18.39% since February 15, 2017 and is uptrending. It has outperformed by 1.69% the S&P500.

Northrop Grumman Corporation (NYSE:NOC) Ratings Coverage

Among 18 analysts covering Northrop Grumman (NYSE:NOC), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. Northrop Grumman had 57 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was initiated by Robert W. Baird on Thursday, October 6 with “Outperform”. The company was upgraded on Monday, October 12 by JP Morgan. The firm has “Hold” rating by Cowen & Co given on Wednesday, August 23. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Hold” rating by Jefferies on Wednesday, June 21. The stock has “Overweight” rating by JP Morgan on Wednesday, December 16. The firm has “Neutral” rating given on Wednesday, March 1 by Citigroup. Cowen & Co maintained the stock with “Hold” rating in Wednesday, July 26 report. RBC Capital Markets maintained the stock with “Buy” rating in Friday, June 2 report. On Monday, July 24 the stock rating was maintained by Jefferies with “Hold”. Stifel Nicolaus maintained the shares of NOC in report on Monday, January 8 with “Hold” rating.

More notable recent Northrop Grumman Corporation (NYSE:NOC) news were published by: which released: “Northrop Grumman’s Profits Plunge 66%, Stock Soars. (Wait, What?)” on February 03, 2018, also with their article: “EU Approves Northrop Grumman (NOC) Acquisition of Orbital ATK (OA)” published on February 12, 2018, published: “Northrop Grumman Increases Quarterly Dividend 10 Percent to $1.10 per Share” on January 25, 2018. More interesting news about Northrop Grumman Corporation (NYSE:NOC) were released by: and their article: “How Far Could Northrop Grumman Fall?” published on February 01, 2018 as well as‘s news article titled: “Jefferies: Orbital ATK Acquisition Strengthens Northrop Grumman” with publication date: February 14, 2018.

Northrop Grumman Corporation, a security company, provides systems, products, and solutions in autonomous systems, cyber, strike, logistics and modernization, and command, control, communications, computers, intelligence, surveillance, and reconnaissance to government and commercial clients worldwide. The company has market cap of $61.98 billion. It has three divisions: Aerospace Systems, Mission Systems, and Technology Services. It has a 31.04 P/E ratio. The Aerospace Systems segment designs, develops, integrates, and produces manned aircraft, autonomous systems, spacecraft, high-energy laser systems, microelectronics, and other systems/subsystems.

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