Published: Tue, September 19, 2017
Global Media | By Abel Hampton

Northrop Grumman to acquire Orbital ATK for $9.2bn

Northrop Grumman to acquire Orbital ATK for $9.2bn

As per Thursday, October 6, the company rating was initiated by Robert W. Baird. JP Morgan upgraded Northrop Grumman Corporation (NYSE:NOC) on Monday, October 12 to "Neutral" rating. The rating was maintained by Keefe Bruyette & Woods with "Hold" on Monday, June 5. The firm has "Buy" rating given on Wednesday, October 28 by Drexel Hamilton. KeyBanc Capital Markets has "Overweight" rating and $98 target. The firm earned "Outperform" rating on Thursday, July 30 by RBC Capital Markets. RBC Capital Markets has "Buy" rating and $60.0 target. Its up 0.08, from 0.99 in 2016Q3. It is negative, as 25 investors sold MTD shares while 168 reduced holdings. 104 funds opened positions while 231 raised stakes.

National Planning Corp increased Ishares Tr (IYW) stake by 3,277 shares to 15,526 valued at $1.98 million in 2016Q4. Ameriprise Financial Inc. owned about 0.28% of Northrop Grumman Corporation worth $124,533,000 as of its most recent filing with the SEC. Hanseatic Management Services Inc. boosted its stake in Northrop Grumman Corporation by 12.8% during the second quarter. Evercore Wealth Management LLC raised its stake in Northrop Grumman by 14.8% in the second quarter. Greatmark Invest Ptnrs holds 1.15% of its portfolio in Coach Inc (NYSE:COH) for 77,735 shares. Archford Capital Strategies Ltd Llc owns 10 shares. Cibc Ww reported 17,639 shares. New York-based Trilogy Global Advsrs Limited Partnership has invested 0.56% in Mettler-Toledo International Inc. The Pennsylvania-based Sei Investments has invested 0.1% in Northrop Grumman Corporation (NYSE:NOC). Gulf Commercial Bank (Uk) reported 51,898 shares. Nj State Employees Deferred Compensation Plan, a New Jersey-based fund reported 10,000 shares. Mutual Of America Ltd Limited Liability Company holds 20,467 shares. Whittier invested 0.01% in Northrop Grumman Corporation (NYSE:NOC).

Stonehill Capital Management Llc holds 4.9% of its portfolio in Tenet Healthcare Corp for 652,838 shares.

Investors sentiment decreased to 0.91 in 2016 Q4. Its down 0.05, from 0.93 in 2016Q3. Corp (NYSE:FNB) for 489,282 shares. Massachusetts Financial Service Ma accumulated 4.38 million shares. Corp (NYSE:FNB) on Friday, April 28. Dixon Hubard Feinour & Brown Va owns 2,475 shares. Texas Permanent School Fund holds 0.16% or 52,802 shares. State Board Of Administration Of Florida Retirement Systems stated it has 0.03% in FMC Corp (NYSE:FMC). Segall Bryant Hamill Ltd Liability Co reported 1,092 shares stake. Bridges Mgmt invested in 5,800 shares or 0.03% of the stock. Moreover, Barrow Hanley Mewhinney & Strauss Limited Co has 0.51% invested in FMC Corp (NYSE:FMC) for 5.86 million shares. Blair William Il holds 0.03% or 12,559 shares. Glenmede Trust Na has invested 0.29% in F.N.B. (NYSE:MTD) to report earnings on November, 2. (NOC)'s stock rose 2.59%. After posting $1.56 EPS for the previous quarter, Orbital ATK Inc's analysts now forecast 0.00 % EPS growth. Six equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Therefore 18% are positive. Under Armour had 89 analyst reports since July 21, 2015 according to SRatingsIntel. The company has a consensus rating of "Buy" and an average price target of $269.43. As per Monday, July 24, the company rating was maintained by Jefferies. The stock of Under Armour Inc (NYSE:UA) has "Buy" rating given on Friday, June 3 by DA Davidson. Deutsche Bank AG upped their price objective on shares of Northrop Grumman from $250.00 to $265.00 and gave the company a "buy" rating in a research note on Monday, December 5th.

Df Dent & Co Inc decreased Stericycle Inc (NASDAQ:SRCL) stake by 158,981 shares to 596,172 valued at $45.93 million in 2016Q4. BUSH WESLEY G also sold $8.32M worth of Northrop Grumman Corporation (NYSE:NOC) shares.

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