<div id="readability-page-1"><p>MUFG Securities EMEA plc reduced its position in  Lockheed Martin Corporation (NYSE:LMT - Free Report) by 41.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The firm owned 10,000 shares of the aerospace company's stock after selling 6,999 shares during the quarter. MUFG Securities EMEA plc's holdings in Lockheed Martin were worth $4,467,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Lockheed Martin</strong> alerts:</span></p></div><ul><li>Could Baker Hughes Be an Unlikely Winner in Drone Defense Boom?</li></ul><p>Several other hedge funds have also recently bought and sold shares of LMT. TruNorth Capital Management LLC bought a new stake in  Lockheed Martin during the 1st quarter worth approximately $31,000.  Heck Capital Advisors LLC bought a new stake in  Lockheed Martin during the 4th quarter worth approximately $35,000.  Banque Transatlantique SA bought a new stake in  Lockheed Martin during the 4th quarter worth approximately $43,000.  EQ Wealth Advisors LLC bought a new stake in  Lockheed Martin during the 1st quarter worth approximately $43,000.  Finally, Ritter Daniher Financial Advisory LLC DE bought a new stake in  Lockheed Martin during the 1st quarter worth approximately $45,000. 74.19% of the stock is owned by institutional investors. </p><h2>Lockheed Martin Stock Performance</h2><p>LMT opened at $425.68 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.83 and a debt-to-equity ratio of 3.47. The company's fifty day moving average price is $456.14 and its two-hundred day moving average price is $458.67. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $618.95. The company has a market cap of $99.38 billion, a price-to-earnings ratio of 23.97, a PEG ratio of 1.51 and a beta of 0.27. </p><ul><li>Defense Sector Q2 Recap: Lockheed, RTX, Northrop Grumman</li></ul><p>Lockheed Martin (NYSE:LMT - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The aerospace company reported $7.29 earnings per share for the quarter, topping the consensus estimate of $6.57 by $0.72. Lockheed Martin had a net margin of 5.85% and a return on equity of 107.60%. The firm had revenue of $18.16 billion for the quarter, compared to the consensus estimate of $18.59 billion. During the same quarter in the prior year, the company posted $7.11 earnings per share. The business's revenue was up .2% on a year-over-year basis.  On average, analysts expect that  Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year. </p><h2>Lockheed Martin Announces Dividend</h2><p>The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Tuesday, September 2nd will be issued a dividend of $3.30 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $13.20 annualized dividend and a yield of 3.1%. Lockheed Martin's dividend payout ratio  is presently 74.32%. </p><h2>Analyst Ratings Changes</h2><ul><li>America Wants Drone Dominance: Are These Stocks Ready to Soar?</li></ul><p>A number of equities research analysts have weighed in on LMT shares. UBS Group reduced their target price on shares of Lockheed Martin from $498.00 to $453.00 and set a &#34;neutral&#34; rating on the stock in a report on Wednesday, July 23rd. Royal Bank Of Canada dropped their price target on shares of Lockheed Martin from $480.00 to $440.00 and set a &#34;sector perform&#34; rating on the stock in a research report on Wednesday, July 23rd. Susquehanna dropped their price target on shares of Lockheed Martin from $550.00 to $490.00 and set a &#34;positive&#34; rating on the stock in a research report on Wednesday, July 23rd. Jefferies Financial Group dropped their price target on shares of Lockheed Martin from $510.00 to $500.00 and set a &#34;hold&#34; rating on the stock in a research report on Monday, April 28th. Finally, Cowen downgraded shares of Lockheed Martin from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Thursday, July 10th. Fifteen analysts have rated the stock with a hold rating, five have issued  a buy rating and one  has issued  a strong buy rating to the company. According to MarketBeat.com, Lockheed Martin  has a consensus rating of &#34;Hold&#34; and a consensus price target of $506.65.</p><p><b>Get Our Latest Stock Report on Lockheed Martin</b></p><h2>Lockheed Martin Profile</h2> (Free Report)<p>Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.</p><h2>Read More</h2><ul><li>Five stocks we like better than Lockheed Martin</li><li>Ride Out The Recession With These Dividend Kings </li><li>Airbnb Beats Earnings, But the Growth Story Is Losing Altitude</li><li>Basic Materials Stocks Investing</li><li>Netflix Bulls vs. Bears: Who Wins This Pullback?</li><li>How to Know Which Cryptocurrency to Buy: A Guide for Investors</li><li>Viasat: Why a Wall of Cash Has Shorts Running for Cover</li></ul><p><strong>Want to see what other hedge funds are holding LMT?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lockheed Martin Corporation (NYSE:LMT - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxNVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxNVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Lockheed Martin Right Now?</h2><p>Before you consider Lockheed Martin, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lockheed Martin wasn't on the list.</p><p>While Lockheed Martin currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MUFG

<p>MUFG Securities EMEA plc has reduced its stake in Lockheed Martin Corporation (NYSE:LMT) by 41.2%, selling 6,999 shares during the 1st quarter, leaving it with 10,000 shares valued at approximately $4.47 million. The company has a market cap of $99.38 billion and reported earnings of $7.29 per share, exceeding estimates. Lockheed Martin also announced a quarterly dividend of $3.30 per share, with a yield of 3.1%. Analysts have mixed ratings on the stock, with a consensus rating of "Hold" and a price target of $506.65.</p>

MUFG Securities EMEA plc Sells 6,999 Shares of Lockheed Martin Corporation (NYSE:LMT)