Stifel Nicolaus Downgrades Lockheed Martin Co. (LMT)


Lockheed Martin Co. (NYSE:LMT) was downgraded by stock analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a note issued to investors on Thursday, The Fly reports.
A number of institutional investors have recently added to or reduced their stakes in LMT. RMB Capital Management LLC purchased a new position in Lockheed Martin during the first quarter worth approximately $203,000. Badgley Phelps & Bell Inc. purchased a new position in Lockheed Martin during the first quarter worth approximately $210,000. Shufro Rose & Co. LLC purchased a new position in Lockheed Martin during the first quarter worth approximately $224,000. MCF Advisors LLC increased its position in Lockheed Martin by 0.6% in the first quarter. MCF Advisors LLC now owns 1,130 shares of the company’s stock worth $250,000 after buying an additional 7 shares in the last quarter. Finally, CLS Investments LLC increased its position in Lockheed Martin by 448.1% in the first quarter. CLS Investments LLC now owns 1,151 shares of the company’s stock worth $255,000 after buying an additional 941 shares in the last quarter.

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