It Seems Raytheon Company (RTN) Will Go Up. Just Reaches Record High

Lloyd Doyle
April 17, 2018

During the same quarter in the previous year, the company posted $1.84 earnings per share. This indicates more upside for the $65.09B company. The stock decreased 4.57% or $7.79 during the last trading session, reaching $162.79. Fort Point Capital Partners LLC now owns 1,369 shares of the aerospace company's stock worth $257,000 after buying an additional 234 shares in the last quarter. It is down 0.00% since April 16, 2017 and is. It has outperformed by 46.88% the S&P500.

Adell Harriman & Carpenter Inc increased Raytheon Co New (RTN) stake by 42.73% reported in 2017Q4 SEC filing. Howe & Rusling Inc sold 3,883 shares as the company's stock rose 14.84% while stock markets declined. According to today's trading volume Raytheon Company is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days. 58,139 shares were sold by PAUL STEVEN M, worth $10.00 million on Tuesday, March 6.

Raytheon Company (NYSE:RTN) gross margin percentage stands at 24.7% while its operating margin for the past trailing twelve month is 13.1 percent and its overall profit margin (ttm) is 8 Percent. RTN outperformed by 30.77% the S&P 500. Raytheon Company had 79 analyst reports since July 28, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, July 25 by Northcoast. The rating was maintained by Mizuho on Monday, February 27 with "Neutral". The stock has "Sell" rating by Zacks on Thursday, September 3. (NASDAQ:SAGE) earned "Buy" rating by SunTrust on Tuesday, February 27. Cantor Fitzgerald has "Buy" rating and $30.0 target. On Friday, September 15 the stock rating was maintained by Stifel Nicolaus with "Hold".

Adell Harriman & Carpenter Inc decreased Chevrontexaco (NYSE:CVX) stake by 1,490 shares to 22,230 valued at $2.78 billion in 2017Q4.

Since October 26, 2017, it had 0 buys, and 5 insider sales for $6.73 million activity. $920,500 worth of LKQ Corporation (NASDAQ:LKQ) shares were sold by CASINI VICTOR M.


Investors sentiment decreased to 0.94 in Q4 2017. Its down 0.12, from 1.21 in 2017Q3. 160 funds opened positions while 346 raised stakes. Taking a look at the daily price change trend and size of price movement it is recorded that RTN spotted a positive behavior with drift of 0.48%. The Ohio-based Mai Cap Management has invested 0.02% in LKQ Corporation (NASDAQ:LKQ). Bell Retail Bank owns 6,916 shares for 0.08% of their portfolio. The aerospace company reported $2.03 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.02 by $0.01. Over the last 90 days, insiders have sold 105,866 shares of company stock valued at $22,730,714. (NASDAQ:ISRG). Columbus Circle Investors reported 169,572 shares. Private Asset Mngmt holds 35,234 shs. They expect $2.08 EPS, up 20.23 % or $0.35 from last year's $1.73 per share. Teachers Retirement Systems Of The State Of Kentucky owns 343,352 shares or 0.16% of their USA portfolio. 60,011 were reported by Synovus Financial. The institutional investor held 16,905 shares of the health care company at the end of 2017Q4, valued at $6.17 million, up from 5,010 at the end of the previous reported quarter. Incline Mngmt Limited Liability Company, a New York-based fund reported 1.88M shares. On Thursday, March 29 Kennedy Thomas A sold $1.30 million worth of Raytheon Company (NYSE:RTN). Therefore 85% are positive. Jefferies maintained it with "Hold" rating and $2500 target in Friday, July 7 report. Kremer Wesley D sold $2.03 million worth of stock. On Tuesday, January 23 RBC Capital Markets maintained Raytheon Company (NYSE:RTN) rating. The company was maintained on Thursday, February 1 by KeyBanc Capital Markets. The firm has "Buy" rating by BMO Capital Markets given on Thursday, November 9. The firm has "Buy" rating by UBS given on Tuesday, September 29. The rating was maintained by Cowen & Co on Monday, September 18 with "Buy". First Personal Fincl Serv holds 0.03% of its portfolio in Raytheon Company (NYSE:RTN) for 941 shares. Jefferies has "Buy" rating and $220.0 target.

EPS growth for this year is -0.40% and EPS growth for next year is expected to reach at 15.26%. The aerospace company reported $2.03 EPS for the quarter, beating the consensus estimate of $2.02 by $0.01.

Big Money Sentiment decreased to 1.09 in 2017 Q4.

In the liquidity ratio analysis; quick ratio for most recent quarter was 1.50 while current ratio for time period was 1.50. It worsened, as 36 investors sold RTN shares while 374 reduced holdings. Wells Fargo reaffirmed an "outperform" rating and set a $215.00 price target (up from $202.00) on shares of Raytheon in a report on Tuesday, January 16th. Pettyjohn Wood And White Inc holds 0.17% of its portfolio in Raytheon Company (NYSE:RTN) for 2,500 shares. Amica Mutual Ins owns 25,672 shares. Manufacturers Life Insurance The holds 293,882 shares or 0.06% of its portfolio. Douglass Winthrop Advsr Lc reported 0.13% stake. The Stock has YTD (year to date) performance of 18.18 percent. Aqr Capital Mngmt holds 0.65% of its portfolio in Raytheon Company (NYSE:RTN) for 3.30 million shares. Artal Grp Sa holds 75,000 shares. First Foundation stated it has 0.02% in Raytheon Company (NYSE:RTN). Janney Montgomery Scott Ltd Llc reported 2,818 shares. Marble Harbor Investment Counsel Llc has 0.04% invested in Raytheon Company (NYSE:RTN). Edge Wealth Limited Liability Company reported 0% stake. Intrust Bancorp Na holds 0.45% or 8,080 shares in its portfolio. Also, VP Rebecca R. Rhoads sold 12,054 shares of the firm's stock in a transaction on Monday, April 2nd. It also increased its holding in Royal Dutch Shell Plc by 117,214 shares in the quarter, for a total of 118,293 shares, and has risen its stake in Huntington Bancshares In (NASDAQ:HBAN).

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