Research Ratings: Northrop Grumman Corporation (NOC), Boulevard Acquisition Corp. II (BLVD)

Aerojet Rocketdyne Providing Propulsion System Support to Northrop Grumman's Ground Based Strategic Deterrent

In other news, VP Lisa R. Davis sold 367 shares of the firm's stock in a transaction dated Tuesday, August 1st. Vertical Research upgraded shares of Northrop Grumman from a "hold" rating to a "buy" rating and upped their price objective for the stock from $254.00 to $270.00 in a report on Wednesday, May 10th. The stock increased 0.90% or $0.2 during the last trading session, reaching $22.5. About 201,135 shares traded. Virtus Invest Advisers has invested 0.2% in Northrop Grumman Corporation (NYSE:NOC). It has outperformed by 1.69% the S&P500. The company was maintained on Thursday, July 27 by KeyBanc Capital Markets. Therefore 80% are positive. The firm earned "Outperform" rating on Thursday, October 29 by RBC Capital Markets. Churchill Mgmt invested 0.16% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). The rating was initiated by J.P. Morgan with "Buy" on Thursday, July 20. The stock of Northrop Grumman Corporation (NYSE:NOC) has "Neutral" rating given on Wednesday, March 1 by Citigroup. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Argus Research maintained the shares of NOC in report on Thursday, November 12 with "Buy" rating. Cowen & Co maintained the stock with "Hold" rating in Monday, July 17 report. The firm earned "Outperform" rating on Monday, August 15 by Imperial Capital.

Investors sentiment increased to 1.07 in Q4 2016. 1 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. It improved, as 38 investors sold NOC shares while 274 reduced holdings. 139.83 million shares or 0.78% less from 140.94 million shares in 2016Q3 were reported. Campbell Newman Asset Mngmt accumulated 4,450 shares. Nj State Employees Deferred Compensation Plan owns 10,000 shares. Blackrock Fund holds 3.07M shares or 0.13% of its portfolio. Central National Bank & Trust & Tru holds 843 shares. Clark Mngmt Gru Inc, Pennsylvania-based fund reported 75,559 shares. Alexandria Cap Limited Com reported 0% stake. Vident Advisory Lc reported 5,713 shares stake. Westpac Bk stated it has 84,660 shares or 0% of all its holdings. The Calamos Wealth Management Llc holds 3,312 shares with $770,000 value, down from 11,015 last quarter.

Since February 23, 2017, it had 0 buys, and 9 selling transactions for $26.16 million activity. The insider ASHWORTH SID sold 3,847 shares worth $1.00 million. Hardesty Michael A sold $79,654 worth of Northrop Grumman Corporation (NYSE:NOC) on Thursday, February 23. CHESTON SHEILA C. sold 6,772 shares worth $1.64M. $7.44 million worth of stock was sold by VICE THOMAS E on Wednesday, May 10. The shares were sold at an average price of $260.00, for a total value of $1,000,220.00.

About 79,552 shares traded. Vanguard Group Inc. boosted its stake in shares of Northrop Grumman by 4.3% in the first quarter. It has underperformed by 16.06% the S&P500. Recently, analysts have updated the overall rating to 2.4. Stifel Nicolaus reissued a "hold" rating and set a $255.00 price objective (up from $245.00) on shares of Northrop Grumman in a research report on Thursday, July 27th.

"We look forward to the opportunity to provide the nation with a modern strategic deterrent system that is secure, resilient and affordable", said Wes Bush, chairman, chief executive officer and president, Northrop Grumman. The company has a consensus rating of "Buy" and an average price target of $259.93. The company was maintained on Tuesday, September 6 by Barclays Capital. Ahl Prtnrs Ltd Liability Partnership holds 0.27% of its portfolio in Packaging Corp Of America (NYSE:PKG) for 103,486 shares. Breton Hill Cap Ltd owns 1,131 shares or 0.07% of their U.S. portfolio. Haverford Trust Co invested in 2,251 shares. The Massachusetts-based Bright Rock Capital Management Llc has invested 1.95% in the stock.

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