Northrop Grumman Corporation (NYSE:NOC) Shares Were Downgraded Today by BidaskScore

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Investors sentiment decreased to 0.9 in 2019 Q2. Its down 0.28, from 1.18 in 2019Q1. It dived, as 61 investors sold Northrop Grumman Corporation shares while 277 reduced holdings. 110 funds opened positions while 195 raised stakes. 137.21 million shares or 0.21% more from 136.92 million shares in 2019Q1 were reported.

Mark Sheptoff Financial Planning Ltd Liability Corp accumulated 239 shares. 2,045 were accumulated by Choate Advsrs. Australia-based Macquarie Ltd has invested 1.42% in Northrop Grumman Corporation (NYSE:NOC). First Midwest Comml Bank Tru Division has invested 0.15% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Cibc Ww Markets owns 37,366 shares for 0.09% of their portfolio. Agf Invests America Inc owns 15,531 shares. Nomura Hldg Inc owns 2,000 shares for 0% of their portfolio. Zeke Capital Advisors Ltd Liability Corporation has 4,954 shares for 0.15% of their portfolio. Blb&B Advisors Limited Liability Corporation stated it has 0.04% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Gideon Capital Advsr Inc reported 0.6% in Northrop Grumman Corporation (NYSE:NOC). Wellington Mngmt Group Inc Llp stated it has 0.27% in Northrop Grumman Corporation (NYSE:NOC). Wespac Advsrs Ltd Co reported 0.21% in Northrop Grumman Corporation (NYSE:NOC). Rodgers Brothers Inc holds 705 shares. Williams Jones And Limited Liability Co has invested 0.01% in Northrop Grumman Corporation (NYSE:NOC). Oppenheimer Asset Mngmt holds 0.08% in Northrop Grumman Corporation (NYSE:NOC) or 11,364 shares.

Northrop Grumman Corporation (NYSE:NOC) Receives a Downgrade

Northrop Grumman Corporation (NYSE:NOC) shares were lowered by BidaskScore to a “Buy” rating in a research report shared with investors on Saturday morning.

Northrop Grumman Corporation (NYSE:NOC) Ratings Coverage

Among 3 analysts covering Northrop Grumman Corporation Common Stock (NYSE:NOC), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Northrop Grumman Corporation Common Stock has $43700 highest and $30000 lowest target. $369’s average target is 1.87% above currents $362.22 stock price. Northrop Grumman Corporation Common Stock had 9 analyst reports since April 25, 2019 according to SRatingsIntel. The rating was maintained by UBS on Thursday, April 25 with “Neutral”. Morgan Stanley maintained it with “Overweight” rating and $43700 target in Thursday, October 10 report. The firm earned “Overweight” rating on Thursday, May 16 by Barclays Capital. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Equal-Weight” rating by Morgan Stanley on Friday, June 14. Morgan Stanley upgraded Northrop Grumman Corporation (NYSE:NOC) on Tuesday, August 6 to “Overweight” rating. UBS maintained the shares of NOC in report on Wednesday, July 10 with “Neutral” rating.

The stock decreased 1.77% or $6.53 during the last trading session, reaching $362.22. About 1.50M shares traded or 56.56% up from the average. Northrop Grumman Corporation (NYSE:NOC) has risen 17.21% since October 13, 2018 and is uptrending. It has outperformed by 17.21% the S&P500.

Analysts await Northrop Grumman Corporation (NYSE:NOC) to report earnings on October, 23. They expect $4.74 earnings per share, down 27.52 % or $1.80 from last year’s $6.54 per share. NOC’s profit will be $802.00 million for 19.10 P/E if the $4.74 EPS becomes a reality. After $5.06 actual earnings per share reported by Northrop Grumman Corporation for the previous quarter, Wall Street now forecasts -6.32 % negative EPS growth.

Northrop Grumman Corporation, a security company, provides systems, products, and solutions in autonomous systems, cyber, strike, logistics and modernization, and command, control, communications, computers, intelligence, surveillance, and reconnaissance to government and commercial clients worldwide. The company has market cap of $61.29 billion. It has three divisions: Aerospace Systems, Mission Systems, and Technology Services. It has a 18.77 P/E ratio. The Aerospace Systems segment designs, develops, integrates, and produces manned aircraft, autonomous systems, spacecraft, high-energy laser systems, microelectronics, and other systems/subsystems.

More notable recent Northrop Grumman Corporation (NYSE:NOC) news were published by: Bizjournals.com which released: “Northrop subsidiary inks $1.1B Missile Defense Agency contract – Washington Business Journal” on September 23, 2019, also Fool.com with their article: “Northrop Grumman Wins a $1.4 Billion Arms Deal – Motley Fool” published on October 02, 2019, Learnbonds.com published: “Should You Buy Boeing Stock? 5 Aerospace Stocks To Invest In – LearnBonds” on October 02, 2019. More interesting news about Northrop Grumman Corporation (NYSE:NOC) were released by: Benzinga.com and their article: “‘Fast Money’ Traders Weigh In On Verizon, Occidental Petroleum And More – Benzinga” published on October 02, 2019 as well as Finance.Yahoo.com‘s news article titled: “Should You Like Northrop Grumman Corporation’s (NYSE:NOC) High Return On Capital Employed? – Yahoo Finance” with publication date: September 24, 2019.

Northrop Grumman Corporation (NYSE:NOC) Institutional Positions Chart

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