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Hendley & Co Has Boosted Its Monsanto Company (MON) Stake; Cibc World Markets Cut Holding in Northrop Grumman (NOC) by $47.06 Million

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Cibc World Markets Inc decreased its stake in Northrop Grumman Corp (NOC) by 98.35% based on its latest 2017Q4 regulatory filing with the SEC. Cibc World Markets Inc sold 153,792 shares as the company’s stock rose 14.98% while stock markets declined. The institutional investor held 2,578 shares of the industrial machinery and components company at the end of 2017Q4, valued at $791,000, down from 156,370 at the end of the previous reported quarter. Cibc World Markets Inc who had been investing in Northrop Grumman Corp for a number of months, seems to be less bullish one the $56.93 billion market cap company. The stock increased 0.60% or $1.95 during the last trading session, reaching $326.45. About 357,745 shares traded. Northrop Grumman Corporation (NYSE:NOC) has risen 48.11% since May 23, 2017 and is uptrending. It has outperformed by 36.56% the S&P500.

Hendley & Co Inc increased its stake in Monsanto Company (MON) by 9.54% based on its latest 2017Q4 regulatory filing with the SEC. Hendley & Co Inc bought 2,844 shares as the company’s stock rose 1.12% while stock markets declined. The institutional investor held 32,656 shares of the agricultural chemicals company at the end of 2017Q4, valued at $3.81M, up from 29,812 at the end of the previous reported quarter. Hendley & Co Inc who had been investing in Monsanto Company for a number of months, seems to be bullish on the $55.48B market cap company. The stock decreased 0.01% or $0.01 during the last trading session, reaching $125.72. About 688,601 shares traded. Monsanto Company (NYSE:MON) has risen 3.06% since May 23, 2017 and is uptrending. It has underperformed by 8.49% the S&P500.

Among 20 analysts covering Northrop Grumman (NYSE:NOC), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. Northrop Grumman had 66 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, July 26 by Cowen & Co. The firm has “Buy” rating by RBC Capital Markets given on Friday, July 7. Credit Suisse maintained Northrop Grumman Corporation (NYSE:NOC) on Thursday, April 26 with “Neutral” rating. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Buy” rating by Jefferies on Wednesday, February 14. RBC Capital Markets maintained Northrop Grumman Corporation (NYSE:NOC) rating on Friday, June 2. RBC Capital Markets has “Buy” rating and $28100 target. The stock of Northrop Grumman Corporation (NYSE:NOC) has “Outperform” rating given on Tuesday, January 16 by Wells Fargo. The stock of Northrop Grumman Corporation (NYSE:NOC) has “Buy” rating given on Tuesday, May 8 by Goldman Sachs. The rating was downgraded by JP Morgan to “Neutral” on Thursday, August 25. As per Thursday, May 19, the company rating was downgraded by RBC Capital Markets. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Buy” rating by RBC Capital Markets on Friday, April 6.

More notable recent Northrop Grumman Corporation (NYSE:NOC) news were published by: Globenewswire.com which released: “Northrop Grumman Releases First Quarter 2018 Financial Results” on April 25, 2018, also Bizjournals.com with their article: “Lockheed Martin, Northrop Grumman, more, land $41.7M in local defense work” published on May 04, 2018, Globenewswire.com published: “Northrop Grumman to Webcast Annual Shareholders Meeting” on May 11, 2018. More interesting news about Northrop Grumman Corporation (NYSE:NOC) were released by: Bizjournals.com and their article: “Orbital ATK launches Antares rocket to serve International Space Station” published on May 21, 2018 as well as Benzinga.com‘s news article titled: “Code Pink Plans Protest Aimed At iShares Aerospace ETF” with publication date: May 22, 2018.

Since February 13, 2018, it had 0 insider purchases, and 9 insider sales for $6.82 million activity. Hardesty Michael A sold 1,296 shares worth $457,747. The insider Peppard Denise M. sold $850,870.

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.08, from 1.06 in 2017Q3. It dropped, as 46 investors sold NOC shares while 287 reduced holdings. 105 funds opened positions while 222 raised stakes. 137.07 million shares or 0.41% less from 137.63 million shares in 2017Q3 were reported. Dubuque Bancshares Tru Comm stated it has 0.04% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Amg Trust Commercial Bank accumulated 17,322 shares or 0.34% of the stock. Lincoln National stated it has 3,204 shares or 0.03% of all its holdings. Ameriprise holds 0.06% of its portfolio in Northrop Grumman Corporation (NYSE:NOC) for 397,611 shares. Ls Invest Advisors Limited Liability Co accumulated 8,092 shares or 0.14% of the stock. Lmr Prns Llp invested 0.28% in Northrop Grumman Corporation (NYSE:NOC). Spectrum Management Gp reported 17 shares. Bailard Inc reported 8,040 shares. Mufg Americas Corp holds 0.55% of its portfolio in Northrop Grumman Corporation (NYSE:NOC) for 59,756 shares. Wagner Bowman Corporation invested 0.34% in Northrop Grumman Corporation (NYSE:NOC). Retirement Systems Of Alabama invested in 173,104 shares or 0.26% of the stock. Hl Fincl Lc has 2,400 shares for 0.01% of their portfolio. Noesis Mangement invested 0.1% in Northrop Grumman Corporation (NYSE:NOC). Stifel Fincl stated it has 156,622 shares. Finemark National Bank & Trust And Tru invested in 0.08% or 3,987 shares.

Cibc World Markets Inc, which manages about $22.10B US Long portfolio, upped its stake in Blackrock Inc (NYSE:BLK) by 1,682 shares to 10,297 shares, valued at $5.29M in 2017Q4, according to the filing. It also increased its holding in Merck & Co Inc (NYSE:MRK) by 89,843 shares in the quarter, for a total of 824,996 shares, and has risen its stake in Diageo P L C (NYSE:DEO).

Analysts await Northrop Grumman Corporation (NYSE:NOC) to report earnings on July, 25. They expect $3.64 EPS, up 15.56% or $0.49 from last year’s $3.15 per share. NOC’s profit will be $634.76 million for 22.42 P/E if the $3.64 EPS becomes a reality. After $4.21 actual EPS reported by Northrop Grumman Corporation for the previous quarter, Wall Street now forecasts -13.54% negative EPS growth.

More news for Monsanto Company (NYSE:MON) were recently published by: Seekingalpha.com, which released: “Andaz Private Investments Notes May 2018” on May 10, 2018. Seekingalpha.com‘s article titled: “Tracking Dan Loeb’s Third Point Portfolio – Q1 2018 Update” and published on May 22, 2018 is yet another important article.

Since January 9, 2018, it had 0 insider purchases, and 1 insider sale for $966,720 activity.

Among 23 analysts covering Monsanto Company (NYSE:MON), 10 have Buy rating, 1 Sell and 12 Hold. Therefore 43% are positive. Monsanto Company had 63 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, August 14 by Jefferies. The firm has “Buy” rating given on Wednesday, May 25 by Jefferies. The stock of Monsanto Company (NYSE:MON) has “Buy” rating given on Wednesday, October 4 by BMO Capital Markets. On Tuesday, June 14 the stock rating was maintained by UBS with “Buy”. The stock of Monsanto Company (NYSE:MON) earned “Sell” rating by Argus Research on Monday, April 16. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, June 29. On Thursday, April 7 the stock rating was maintained by Citigroup with “Neutral”. Citigroup maintained the shares of MON in report on Friday, August 19 with “Neutral” rating. The firm has “Hold” rating given on Monday, April 9 by BMO Capital Markets. Citigroup maintained the shares of MON in report on Monday, August 22 with “Neutral” rating.

Northrop Grumman Corporation (NYSE:NOC) Institutional Positions Chart

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