Metlife (MET) Stock Declined While Rnc Capital Management Increased Stake by $18.39 Million; Lockheed Martin Com (LMT) Stake Has Boosted by Bridges Investment Management Inc

January 14, 2018 - By Kurt Siggers

Rnc Capital Management Llc increased its stake in Metlife Inc (MET) by 84.44% based on its latest 2017Q3 regulatory filing with the SEC. Rnc Capital Management Llc bought 360,588 shares as the company’s stock declined 4.70% while stock markets rallied. The institutional investor held 787,644 shares of the finance company at the end of 2017Q3, valued at $40.92M, up from 427,056 at the end of the previous reported quarter. Rnc Capital Management Llc who had been investing in Metlife Inc for a number of months, seems to be bullish on the $56.12 billion market cap company. The stock decreased 0.30% or $0.16 during the last trading session, reaching $53.33. About 5.48M shares traded or 27.99% up from the average. MetLife, Inc. (NYSE:MET) has risen 13.92% since January 14, 2017 and is uptrending. It has underperformed by 2.78% the S&P500.

Bridges Investment Management Inc increased its stake in Lockheed Martin Corp Com (LMT) by 76.31% based on its latest 2017Q3 regulatory filing with the SEC. Bridges Investment Management Inc bought 1,250 shares as the company’s stock rose 2.80% with the market. The institutional investor held 2,888 shares of the military and government and technical company at the end of 2017Q3, valued at $896,000, up from 1,638 at the end of the previous reported quarter. Bridges Investment Management Inc who had been investing in Lockheed Martin Corp Com for a number of months, seems to be bullish on the $96.41 billion market cap company. The stock increased 1.55% or $5.12 during the last trading session, reaching $336.25. About 1.43 million shares traded or 42.15% up from the average. Lockheed Martin Corporation (NYSE:LMT) has risen 14.19% since January 14, 2017 and is uptrending. It has underperformed by 2.51% the S&P500.

Among 16 analysts covering MetLife (NYSE:MET), 9 have Buy rating, 1 Sell and 6 Hold. Therefore 56% are positive. MetLife had 46 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, November 6 by Argus Research. The firm has “Buy” rating given on Friday, November 3 by RBC Capital Markets. Citigroup downgraded MetLife, Inc. (NYSE:MET) on Tuesday, January 5 to “Neutral” rating. The rating was maintained by Wells Fargo on Wednesday, April 19 with “Buy”. On Monday, August 29 the stock rating was maintained by FBR Capital with “Outperform”. Wells Fargo maintained the shares of MET in report on Friday, May 5 with “Buy” rating. Morgan Stanley downgraded MetLife, Inc. (NYSE:MET) on Wednesday, November 11 to “Equal-Weight” rating. The stock has “Buy” rating by Wells Fargo on Monday, July 10. The rating was reinitiated by Wells Fargo with “Outperform” on Friday, September 23. Raymond James upgraded the shares of MET in report on Friday, January 22 to “Strong Buy” rating.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.05, from 0.94 in 2017Q2. It fall, as 61 investors sold MET shares while 336 reduced holdings. 65 funds opened positions while 289 raised stakes. 784.85 million shares or 1.65% more from 772.09 million shares in 2017Q2 were reported. Opus Mngmt owns 10 shares. Parametric Portfolio Ltd Liability Co stated it has 0.16% of its portfolio in MetLife, Inc. (NYSE:MET). Natixis holds 59,393 shares or 0.03% of its portfolio. St Johns Inv Management holds 0.62% or 16,228 shares in its portfolio. Liberty Mutual Asset Management invested in 43,753 shares. Rmb Mngmt Ltd Liability holds 32,894 shares. Mitchell Sinkler Starr Pa accumulated 0.37% or 4,510 shares. Congress Asset Management Ma owns 0.07% invested in MetLife, Inc. (NYSE:MET) for 82,658 shares. Supplemental Annuity Collective Tru Of Nj reported 20,000 shares or 0.46% of all its holdings. State Treasurer State Of Michigan owns 0.14% invested in MetLife, Inc. (NYSE:MET) for 322,485 shares. Northwestern Mutual Wealth Mgmt Communication has 11,005 shares for 0% of their portfolio. Central Bancorp & Tru Company has invested 0% in MetLife, Inc. (NYSE:MET). Gyroscope Capital Mgmt Gp holds 3.05% or 116,392 shares. Cambiar Invsts Ltd Liability Company owns 789,278 shares. 9,737 were reported by Dubuque Comml Bank Tru.

Rnc Capital Management Llc, which manages about $4.08 billion and $1.33 billion US Long portfolio, decreased its stake in Gilead Sciences Inc (NASDAQ:GILD) by 72,231 shares to 11,471 shares, valued at $929,000 in 2017Q3, according to the filing. It also reduced its holding in Pnc Financial Services Group (NYSE:PNC) by 4,440 shares in the quarter, leaving it with 12,288 shares, and cut its stake in Genuine Parts Co (NYSE:GPC).

Among 21 analysts covering Lockheed Martin Corporation (NYSE:LMT), 13 have Buy rating, 0 Sell and 8 Hold. Therefore 62% are positive. Lockheed Martin Corporation had 70 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Bank of America with “Buy” on Friday, October 27. On Wednesday, October 26 the stock rating was maintained by Deutsche Bank with “Hold”. The stock has “Buy” rating by Sterne Agee CRT on Thursday, August 20. Jefferies maintained the stock with “Hold” rating in Wednesday, July 19 report. The stock has “Hold” rating by RBC Capital Markets on Tuesday, July 18. Jefferies maintained the shares of LMT in report on Friday, September 22 with “Hold” rating. The rating was initiated by Berenberg with “Buy” on Thursday, March 17. The stock has “Neutral” rating by Goldman Sachs on Wednesday, August 24. RBC Capital Markets maintained Lockheed Martin Corporation (NYSE:LMT) rating on Wednesday, January 25. RBC Capital Markets has “Sector Perform” rating and $263 target. On Thursday, October 6 the stock rating was initiated by Robert W. Baird with “Outperform”.

Since August 15, 2017, it had 0 insider purchases, and 3 sales for $18.05 million activity. Shares for $15.21M were sold by Tanner Bruce L on Tuesday, August 15. Carvalho Orlando D also sold $2.73 million worth of Lockheed Martin Corporation (NYSE:LMT) on Tuesday, August 15.

Bridges Investment Management Inc, which manages about $695.30 million and $1.06B US Long portfolio, decreased its stake in Ash Grove Cement Co (ASHG) by 1,025 shares to 2,677 shares, valued at $1.37M in 2017Q3, according to the filing.

Investors sentiment increased to 1.24 in 2017 Q3. Its up 0.17, from 1.07 in 2017Q2. It increased, 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. Moreover, North Corporation has 0.73% invested in Lockheed Martin Corporation (NYSE:LMT). Westchester Mgmt invested in 4.18% or 31,445 shares. Illinois-based Oakbrook Limited Liability Corporation has invested 0.21% in Lockheed Martin Corporation (NYSE:LMT). Caldwell & Orkin reported 4,100 shares. Arrowstreet Capital Lp accumulated 1.02% or 1.23M shares. Norinchukin Bankshares The has invested 0.2% in Lockheed Martin Corporation (NYSE:LMT). Susquehanna Gp Llp accumulated 286,398 shares. Acg Wealth reported 0.14% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Endurance Wealth Mgmt reported 205 shares. Mycio Wealth Partners Lc accumulated 0.27% or 7,669 shares. 677 are held by Eagle Advsrs Llc. Buckhead Mngmt Limited Liability, a Georgia-based fund reported 7,574 shares. Aqr Capital Limited Liability Corporation invested in 983,427 shares or 0.36% of the stock. Cape Cod Five Cents State Bank invested 0.04% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Plante Moran Fincl Advisors Ltd Liability Corporation holds 0.13% in Lockheed Martin Corporation (NYSE:LMT) or 722 shares.

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