Q3 2017 Sentiment Raytheon Co (NYSE:RTN)

Lloyd Doyle
January 13, 2018

Janus Henderson Group PLC now owns 1,494,150 shares of the aerospace company's stock worth $241,276,000 after purchasing an additional 1,483,389 shares during the period. Following the completion of the sale, the vice president now directly owns 28,311 shares of the company's stock, valued at $5,354,459.43. The firm has a market capitalization of $57,080.00, a P/E ratio of 26.58, a P/E/G ratio of 2.39 and a beta of 0.58.

The stock increased 1.27% or $2.45 during the last trading session, reaching $195.8. About 25,598 shares traded.

Raytheon (NYSE:RTN) last issued its earnings results on Thursday, October 26th. It has outperformed by 7.33% the S&P500.

Travelers Companies Inc decreased Enterprise Products Partners Lp (EPD) stake by 27.63% reported in 2017Q3 SEC filing. Weatherly Asset Management bought 2,306 shares as the company's stock rose 4.85% with the market. The institutional investor held 54,764 shares of the industrial machinery and components company at the end of 2017Q3, valued at $10.22 million, down from 56,432 at the end of the previous reported quarter. Cleararc Inc holds 0.59% of its portfolio in Raytheon Company (NYSE:RTN) for 20,974 shares. The stock increased 0.40% or $0.775 during the last trading session, reaching $194.125. About 276,828 shares traded. (SSY) has risen 170.00% since January 12, 2017 and is uptrending. It has outperformed by 190.44% the S&P500. Segall Bryant And Hamill Limited Liability Corp owns 181,039 shares or 0.78% of their USA portfolio.

James Investment Research Inc, which manages about $5.64B and $2.97 billion US Long portfolio, upped its stake in Goldman Sachs Group (NYSE:GS) by 4,482 shares to 61,160 shares, valued at $14.51 million in 2017Q3, according to the filing. (NYSE:GEO) on Tuesday, April 11 with "Buy" rating. $7.33 million worth of stock was sold by ILLIG CLIFFORD W on Friday, August 11. They expect $2.03 earnings per share, up 7.98% or $0.15 from last year's $1.88 per share. CERN's profit will be $192.80M for 31.51 P/E if the $0.58 EPS becomes a reality. The stock of Raytheon Company (NYSE:RTN) has "Buy" rating given on Friday, September 29 by Jefferies. Therefore 100% are positive. Telus Corporation had 18 analyst reports since August 4, 2015 according to SRatingsIntel. This repurchase authorization permits the aerospace company to buy shares of its stock through open market purchases. On Wednesday, August 31 the stock rating was reinitiated by Stifel Nicolaus with "Hold". They set a "buy" rating and a $154.00 price objective on the stock. (NYSE:EFX) earned "Buy" rating by Robert W. Baird on Thursday, September 7. The rating was maintained by Canaccord Genuity with "Buy" on Friday, July 21. The firm has "Outperform" rating by Macquarie Research given on Tuesday, January 26. As per Tuesday, May 2, the company rating was downgraded by Hilliard Lyons. The firm has "Buy" rating by RBC Capital Markets given on Sunday, October 8. Its down 0.33, from 1.04 in 2017Q2. It improved, as 44 investors sold CERN shares while 209 reduced holdings. Baystate Wealth Management Limited invested in 0.01% or 352 shares. Glg Ptnrs LP holds 0% or 500 shares. The Georgia-based Vident Invest Advisory Ltd Liability Corporation has invested 0.03% in Raytheon Company (NYSE:RTN). Schwab Charles Mngmt reported 560,936 shares stake. Capital International Sarl reported 106,100 shares stake. Cowen & Co maintained the shares of RTN in report on Thursday, October 19 with "Buy" rating. Homrich And Berg has invested 0.04% in Raytheon Company (NYSE:RTN). Nationwide Fund Advsrs has invested 0.16% in Cerner Corporation (NASDAQ:CERN). The Illinois-based Guggenheim Capital Llc has invested 0.02% in the stock. Cibc Ww Mkts Corp reported 98,405 shares. Schroder Inv Mgmt Gru holds 0.14% or 444,018 shares in its portfolio. Insiders have sold a total of 1,895 shares of company stock valued at $357,215 in the last 90 days.

Since August 14, 2017, it had 0 buys, and 4 insider sales for $1.08 million activity. Shares for $149,378 were sold by Clark Vernon E on Monday, August 14. Long Letitia A sold $120,790 worth of Raytheon Company (NYSE:RTN) on Tuesday, January 2.

Investors sentiment increased to 1.21 in Q3 2017. Its up 0.09, from 1.12 in 2017Q2. It is positive, as 42 investors sold RTN shares while 343 reduced holdings. 118 funds opened positions while 346 raised stakes. The institutional investors in our partner's database reported: 205.51 million shares, down from 208.75 million shares in 2017Q2. Oppenheimer invested in 0% or 51,600 shares. Adell Harriman And Carpenter Inc, Texas-based fund reported 8,250 shares. Eagle Asset Mgmt invested 0.04% of its portfolio in Raytheon Company (NYSE:RTN). 24,443 are held by Kcm Llc. Letko Brosseau & Associates Inc who had been investing in Telus Corp for a number of months, seems to be less bullish one the $22.06 billion market cap company. 1,076 are owned by Bbva Compass Financial Bank. Pnc Fincl reported 1.04 million shares.

Raytheon announced that its board has approved a share buyback program on Wednesday, November 15th that permits the company to buyback $2.00 billion in outstanding shares. Institutional investors and hedge funds own 73.12% of the company's stock. Counselors Inc accumulated 79,312 shares. FMR LLC boosted its position in shares of Raytheon Company by 8.5% in the second quarter. Vertical Research assumed coverage on Raytheon Company in a research note on Friday, October 28th. Essex Investment Commerce Limited Liability reported 64,381 shares. Buckingham Research boosted their target price on Raytheon from $199.00 to $204.00 and gave the company a "buy" rating in a report on Tuesday, October 31st.

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