Money

Has $19.80 Million Position in Raytheon (RTN)

March 13, 2018 14:09·

Chemical Bank sold 1,745 shares as the company's stock rose 4.85% with the market. The institutional investor held 20,647 shares of the aerospace company at the end of 2017Q3, valued at $5.25 million, down from 26,990 at the end of the previous reported quarter. Pembroke Management Ltd who had been investing in Euronet Worldwide for a number of months, seems to be less bullish one the $4.54 billion market cap company. The institutional investor owned 10,094 shares of the aerospace company's stock after selling 563 shares during the period. About 584,760 shares traded. The Boeing Company (NYSE:BA) has risen 41.13% since March 12, 2017 and is uptrending. It has underperformed by 16.70% the S&P500.

State Of Wisconsin Investment Board decreased its stake in Raytheon Co (RTN) by 2.94% based on its latest 2017Q3 regulatory filing with the SEC. Over the last 90 days, insiders sold 79,400 shares of company stock worth $17,052,714. The aerospace company reported $2.03 earnings per share for the quarter, beating the consensus estimate of $2.02 by $0.01. Cape Cod Five Cents Savings Bank who had been investing in Raytheon Co for a number of months, seems to be bullish on the $61.07B market cap company. The stock decreased 1.84% or $1.88 during the last trading session, reaching $100.28. During the same period past year, the business earned $1.84 earnings per share.

Empire Life Investments Inc. increased its position in shares of Raytheon (NYSE:RTN) by 23.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. It has outperformed by 7.33% the S&P500. Two analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company's stock. Therefore 81% are positive. Celanese had 69 analyst reports since September 1, 2015 according to SRatingsIntel. The company was maintained on Monday, May 2 by Barclays Capital. Royal Bank of Canada set a $225.00 target price on shares of Raytheon and gave the stock a "buy" rating in a research note on Thursday, November 16th. The rating was maintained by Buckingham Research on Friday, August 11 with "Buy". The stock of Raytheon Company (NYSE:RTN) earned "Buy" rating by Jefferies on Friday, September 29. RBC Capital Markets maintained Andeavor (NYSE:ANDV) on Thursday, November 9 with "Hold" rating. The company was maintained on Wednesday, July 26 by Canaccord Genuity. The company was maintained on Friday, April 28 by Credit Suisse. Finally, Stifel Nicolaus lifted their target price on Raytheon from $210.00 to $220.00 and gave the company a "buy" rating in a research report on Friday, January 26th. The firm earned "Buy" rating on Thursday, October 26 by Stifel Nicolaus. Its down 5% from 2,000 shares previously.

Investors sentiment increased to 1.21 in 2017 Q3. The company has a current ratio of 1.54, a quick ratio of 1.46 and a debt-to-equity ratio of 0.48. It fall, as 25 investors sold CFX shares while 71 reduced holdings. 118 funds opened positions while 346 raised stakes. 411.79 million shares or 1.95% less from 419.99 million shares in 2017Q2 were reported. Segantii Mngmt Ltd reported 27,000 shares.

Raytheon (NYSE:RTN) last released its quarterly earnings results on Thursday, January 25th. Savant Cap Limited Liability holds 0.14% or 3,240 shares. Following the completion of the transaction, the chairman now directly owns 138,339 shares of the company's stock, valued at $29,867,390.10. Victory Capital Management Inc. grew its stake in shares of Raytheon by 6.7% during the 3rd quarter. Macquarie Grp Inc has invested 1.26% in Raytheon Company (NYSE:RTN). Oppenheimer & Co Inc holds 0.37% of its portfolio in Raytheon Company (NYSE:RTN) for 73,779 shares. Stonehearth Capital Management LLC purchased a new position in shares of Raytheon during the fourth quarter valued at approximately $103,000. Essex Mgmt Ltd reported 0.37% stake. National Bank Of Montreal Can invested 0.08% in Raytheon Company (NYSE:RTN). Franklin Resources Inc. now owns 2,851,144 shares of the aerospace company's stock worth $535,605,000 after buying an additional 166,467 shares during the last quarter. Moreover, Insight Research has 2.21% invested in Raytheon Company (NYSE:RTN). Employees Retirement Association Of Colorado holds 0.02% or 31,978 shares in its portfolio. Blue owns 13,730 shares. The stock of Colfax Corporation (NYSE:CFX) has "Hold" rating given on Thursday, May 25 by IBC.

CE's profit will be $315.12 million for 11.70 P/E if the $2.32 EPS becomes a reality.

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Analysts await Raytheon Company (NYSE:RTN) to report earnings on April, 26.

In other Raytheon news, VP Frank R. Jimenez sold 175 shares of the business's stock in a transaction on Friday, December 29th. Long Letitia A had sold 650 shares worth $120,790. 8,540 shares valued at $1.84 million were sold by Newsome Randa G on Tuesday, February 13.

Analysts await Euronet Worldwide, Inc. During the same period last year, the business posted $1.84 earnings per share. sell-side analysts anticipate that Raytheon will post 9.66 EPS for the current year. RTN's profit will be $600.09 million for 25.25 P/E if the $2.08 EPS becomes a reality. After $2.03 actual earnings per share reported by Raytheon Company for the previous quarter, Wall Street now forecasts 2.46 % EPS growth.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.10, from 1.06 in 2017Q2. It improved, as 12 investors sold EEFT shares while 87 reduced holdings. State Of Tennessee Treasury Department has 0.05% invested in DTE Energy Company (NYSE:DTE). Atlantic Tru Gru Lc reported 273,340 shares. Columbia Asset holds 0.1% or 3,059 shares. (NASDAQ:EEFT) or 19,300 shares. Tcw Group Inc Inc invested 0.02% in Celanese Corporation (NYSE:CE). Legacy Cap Prns stated it has 6,064 shares. Van Strum Towne Incorporated owns 7,869 shares for 0.96% of their portfolio. First Long Island Invsts Limited Company, a New York-based fund reported 1,628 shares. Factory Mutual Insurance Comm, a Massachusetts-based fund reported 114,300 shares. Bluemountain Capital Mgmt Ltd Liability reported 0.06% in Colfax Corporation (NYSE:CFX). Cantab Capital Prtn Llp stated it has 0.43% of its portfolio in Euronet Worldwide, Inc. Pacad Invest Limited holds 0.12% of its portfolio in Euronet Worldwide, Inc.

Since February 8, 2018, it had 0 buys, and 1 insider sale for $12.17 million activity. Shares for $2.80M were sold by Lawrence Taylor W. The rating was downgraded by J.P. Morgan on Tuesday, December 12 to "Hold". Badgley Phelps And Bell holds 1.37% or 72,799 shares. Therefore 60% are positive. Euronet Worldwide had 21 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained the shares of RTN in report on Friday, June 23 with "Buy" rating. The rating was maintained by Cowen & Co on Thursday, August 10 with "Buy". Raytheon now has an average rating of "Buy" and an average target price of $214.12. Piper Jaffray maintained Euronet Worldwide, Inc. The stock of Euronet Worldwide, Inc. The firm has "Overweight" rating by JP Morgan given on Monday, October 30. Jefferies has "Buy" rating and $12100 target. The stock of Raytheon Company (NYSE:RTN) has "Buy" rating given on Monday, October 9 by Citigroup.

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