Barrow Hanley Mewhinney & Strauss Has Decreased Its Raytheon Co (RTN) Holding; Richardson Electronics LTD. (RELL) Shorts Lowered By 0.51%

February 23, 2018 - By Adrian Erickson

Richardson Electronics LTD. (NASDAQ:RELL) had a decrease of 0.51% in short interest. RELL’s SI was 58,000 shares in February as released by FINRA. Its down 0.51% from 58,300 shares previously. With 33,900 avg volume, 2 days are for Richardson Electronics LTD. (NASDAQ:RELL)’s short sellers to cover RELL’s short positions. The SI to Richardson Electronics LTD.’s float is 0.59%. The stock decreased 0.18% or $0.02 during the last trading session, reaching $8.11. About 14,327 shares traded. Richardson Electronics, Ltd. (NASDAQ:RELL) has risen 17.64% since February 23, 2017 and is uptrending. It has outperformed by 0.94% the S&P500.

Barrow Hanley Mewhinney & Strauss Llc decreased Raytheon Co (RTN) stake by 4.39% reported in 2017Q3 SEC filing. Barrow Hanley Mewhinney & Strauss Llc sold 67,946 shares as Raytheon Co (RTN)’s stock rose 4.85%. The Barrow Hanley Mewhinney & Strauss Llc holds 1.48M shares with $276.15 million value, down from 1.55 million last quarter. Raytheon Co now has $62.46 billion valuation. The stock increased 0.52% or $1.12 during the last trading session, reaching $216.48. About 557,880 shares traded. Raytheon Company (NYSE:RTN) has risen 24.03% since February 23, 2017 and is uptrending. It has outperformed by 7.33% the S&P500.

Investors sentiment decreased to 0.54 in 2017 Q3. Its down 0.21, from 0.75 in 2017Q2. It dropped, as 5 investors sold Richardson Electronics, Ltd. shares while 8 reduced holdings. 2 funds opened positions while 5 raised stakes. 5.44 million shares or 7.45% less from 5.88 million shares in 2017Q2 were reported. Bancorporation Of Mellon reported 0% of its portfolio in Richardson Electronics, Ltd. (NASDAQ:RELL). Manufacturers Life Ins Company The stated it has 1,482 shares or 0% of all its holdings. 18,259 were accumulated by Boothbay Fund Mngmt Limited Liability Company. California Pub Employees Retirement Systems invested in 51,000 shares. 3,000 are owned by Bancorp Of America De. Moreover, Mutual Of America Capital Management Limited Liability has 0.07% invested in Richardson Electronics, Ltd. (NASDAQ:RELL) for 694,283 shares. Texas-based Bridgeway Capital Mngmt has invested 0.01% in Richardson Electronics, Ltd. (NASDAQ:RELL). Ancora Llc accumulated 0.08% or 242,928 shares. Vanguard Group Inc reported 467,637 shares or 0% of all its holdings. Thompson Siegel Walmsley Limited Liability holds 900 shares or 0% of its portfolio. Renaissance Technology Limited Liability Company holds 883,599 shares or 0.01% of its portfolio. Geode Cap Management Limited Liability Com has 67,211 shares. 30,513 were accumulated by Northern Trust Corporation. Franklin Inc has invested 0% in Richardson Electronics, Ltd. (NASDAQ:RELL). Pennsylvania-based Brandywine Global Mngmt Limited Liability Corp has invested 0% in Richardson Electronics, Ltd. (NASDAQ:RELL).

Richardson Electronics, Ltd. engages in power and microwave technologies, customized display solutions, and healthcare equipment businesses in North America, the Asia Pacific, Europe, and Latin America. The company has market cap of $104.83 million. The companyÂ’s Power and Microwave Technologies Group segment provides engineered solutions, power grid and microwave tubes, and related consumables, as well as power conversion and RF and microwave components for broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, high energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology applications. It currently has negative earnings. The Company’s products are used to control, switch, or amplify electrical power signals, as well as are used as display devices in alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets.

Since August 31, 2017, it had 0 insider buys, and 11 selling transactions for $22.12 million activity. 3,989 Raytheon Company (NYSE:RTN) shares with value of $861,146 were sold by Wood Michael J. $1.84 million worth of Raytheon Company (NYSE:RTN) was sold by Newsome Randa G. Jimenez Frank R had sold 650 shares worth $121,723. Lawrence Taylor W also sold $690,304 worth of Raytheon Company (NYSE:RTN) on Thursday, August 31. $9.67M worth of Raytheon Company (NYSE:RTN) shares were sold by Kennedy Thomas A. 12,820 shares valued at $2.77M were sold by WAJSGRAS DAVID C on Tuesday, February 13. Shares for $120,790 were sold by Long Letitia A on Tuesday, January 2.

Among 21 analysts covering Raytheon Company (NYSE:RTN), 17 have Buy rating, 1 Sell and 3 Hold. Therefore 81% are positive. Raytheon Company had 75 analyst reports since July 28, 2015 according to SRatingsIntel. Zacks upgraded the stock to “Sell” rating in Monday, August 24 report. The firm has “Top Pick” rating by RBC Capital Markets given on Friday, April 29. As per Thursday, September 3, the company rating was downgraded by Zacks. Cowen & Co maintained Raytheon Company (NYSE:RTN) rating on Thursday, July 27. Cowen & Co has “Buy” rating and $18200 target. The stock of Raytheon Company (NYSE:RTN) has “Buy” rating given on Friday, October 23 by Stifel Nicolaus. RBC Capital Markets maintained it with “Top Pick” rating and $133 target in Friday, October 23 report. The firm earned “Hold” rating on Friday, October 23 by Deutsche Bank. Citigroup maintained Raytheon Company (NYSE:RTN) on Monday, October 9 with “Buy” rating. Robert W. Baird maintained the stock with “Buy” rating in Thursday, August 10 report. Stifel Nicolaus maintained the shares of RTN in report on Friday, July 29 with “Buy” rating.

Barrow Hanley Mewhinney & Strauss Llc increased Nielsen Holdings Plc stake by 200,403 shares to 5.91M valued at $244.99M in 2017Q3. It also upped Berkshire Hathaway Inc (BRKB) stake by 17,806 shares and now owns 388,659 shares. Xl Group Ltd was raised too.

Analysts await Raytheon Company (NYSE:RTN) to report earnings on April, 26. They expect $2.08 earnings per share, up 20.23% or $0.35 from last year’s $1.73 per share. RTN’s profit will be $600.09M for 26.02 P/E if the $2.08 EPS becomes a reality. After $2.03 actual earnings per share reported by Raytheon Company for the previous quarter, Wall Street now forecasts 2.46% EPS growth.

Investors sentiment increased to 1.21 in 2017 Q3. Its up 0.09, from 1.12 in 2017Q2. It increased, as 42 investors sold RTN shares while 343 reduced holdings. 118 funds opened positions while 346 raised stakes. 205.51 million shares or 1.55% less from 208.75 million shares in 2017Q2 were reported. Old Dominion Mgmt holds 1,726 shares. Barrett Asset Mgmt Limited Liability Company reported 250 shares. Finance Advisory Inc stated it has 2,171 shares. Kentucky Retirement Sys Insur Tru Fund holds 0.25% or 7,697 shares in its portfolio. First Mercantile Tru accumulated 1,400 shares. Moreover, Stephens Invest Mngmt Ltd has 0% invested in Raytheon Company (NYSE:RTN) for 190 shares. Pineno Levin And Ford Asset Mgmt has invested 0.16% in Raytheon Company (NYSE:RTN). Brinker Cap has 33,582 shares for 0.26% of their portfolio. Fiduciary reported 20,592 shares. The Georgia-based Homrich And Berg has invested 0.04% in Raytheon Company (NYSE:RTN). Meiji Yasuda Asset Mngmt Ltd holds 19,983 shares or 0.37% of its portfolio. Ancora Advisors Limited Liability Company has invested 0.33% in Raytheon Company (NYSE:RTN). Ballentine Prtnrs Limited Liability holds 1,756 shares. Ig Inv Mgmt Limited owns 0.09% invested in Raytheon Company (NYSE:RTN) for 93,400 shares. 5,356 are owned by London Of Virginia.

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