By $75.07 Million Arrowstreet Capital Limited Partnership Trimmed its Position in Northrop Grumman Corp (NYSE:NOC)

May 17, 2018 - By Skott Medlock

Northrop Grumman Corporation (NYSE:NOC) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 0.98. That’s change of 0.08, from 2017Q3’s 1.06. 46 investors sold all, 287 reduced holdings as NOC ratio is negative. 222 grew holdings while 105 funds bought holdings. Funds hold 137.07 million shares thus 0.41% less from 2017Q3’s 137.63 million shares. Nomura Asset Mgmt Company holds 0.08% of its capital in Northrop Grumman Corporation (NYSE:NOC) for 22,960 shs. Moreover, Global X Ltd Limited Liability Company has 0.01% invested in Northrop Grumman Corporation (NYSE:NOC). Tarbox Family Office reported 834 shs. Livforsakringsbolaget Skandia Omsesidigt has 0.07% invested in Northrop Grumman Corporation (NYSE:NOC) for 2,500 shs. Johnson Fin Grp Inc holds 0.33% or 8,736 shs in its capital. Park Natl Corp Oh has invested 0.04% of its capital in Northrop Grumman Corporation (NYSE:NOC). Hanson And Doremus Management holds 0.1% in Northrop Grumman Corporation (NYSE:NOC) or 984 shs. The Florida-based Aviance Capital Ltd Liability has invested 0.01% in Northrop Grumman Corporation (NYSE:NOC). Trust Company Of Vermont reported 0.06% in Northrop Grumman Corporation (NYSE:NOC). Highland Capital Ltd Liability Com accumulated 2,339 shs or 0.05% of the stock. Eads & Heald Investment Counsel holds 0.81% in Northrop Grumman Corporation (NYSE:NOC) or 4,480 shs. Patten Grp invested 0.23% of its capital in Northrop Grumman Corporation (NYSE:NOC). Virginia Retirement Et Al stated it has 0.04% of its capital in Northrop Grumman Corporation (NYSE:NOC). Raymond James Tru Na holds 0.09% or 4,395 shs in its capital. Brinker holds 0.33% or 27,393 shs in its capital.

NOC registered $6.82 million net activity with 0 buys and 9 selling transactions since February 13, 2018. The insider Pamiljans Janis G sold 955 shs worth $323,602. Shares for $1.31 million were sold by Peppard Denise M..

Arrowstreet Capital Limited Partnership’s stake in Northrop Grumman Corp (NYSE:NOC) is reduced by 27.51% based on its latest 2018Q1 regulatory filing with the SEC. 215,111 shares were sold by Arrowstreet Capital Limited Partnership as the company’s stock rose 14.98% while stock markets declined. The industrial machinery and components company at the end of 2018Q1 was valued at $197.92M. It’s down from 782,030 at the end of the previous reported quarter. Now it had 566,919 shares held by the institutional investor . $56.01B is the MC of Northrop Grumman Corp. The stock increased 0.37% or $1.19 during the last trading session, touching $321.16.Northrop Grumman Corporation has volume of 982,509 shares. Since May 17, 2017 NOC has risen 48.11% and is uptrending. NOC outperformed by 36.56% the S&P500.

Arrowstreet Capital Limited Partnership operates about $55.30B and $43.60 billion US Long portfolio. According to a filing the fund rose its stake in Johnson & Johnson (NYSE:JNJ) by 2.27M shares to 3.13M shares, valued at $400.61 million in 2018Q1. For a total of 2.14M shares it increased its holding in Genpact Limited (NYSE:G) by 649,094 shares in the quarter, and has risen its stake in Marsh & Mclennan Cos Inc (NYSE:MMC).

Arrowstreet Capital Limited Partnership is a Massachusetts-based institutional investor with more than $55.30 billion AUM in January, 2015. This fund invests only a small percentage of its assets in equities and options. Arrowstreet Capital Limited Partnership is the 85th largest institutional investor in our database. Taken from Arrowstreet Capital Limited latest Adv, the fund reported to have 164 full and part-time employees. Among which 37 performing investment advisory and research functions. The institutional investor had more than 116 clients.

Northrop Grumman Corporation (NYSE:NOC) Ratings Coverage

In total 13 analysts cover Northrop (NYSE:NOC). “Buy” rating has 9, “Sell” are 0, while 4 are “Hold”. 69% are bullish. 16 are the (NYSE:NOC)’s analyst reports since December 12, 2017 according to StockzIntelligence Inc. On Thursday, April 26 Bernstein maintained Northrop Grumman Corporation (NYSE:NOC) with “Hold” rating. In Thursday, January 25 report Jefferies maintained the stock with “Hold” rating. The company rating was upgraded by Goldman Sachs on Tuesday, May 8. On Monday, January 8 the stock of Northrop Grumman Corporation (NYSE:NOC) has “Hold” rating given by Stifel Nicolaus. On Tuesday, January 16 the stock of Northrop Grumman Corporation (NYSE:NOC) earned “Outperform” rating by Wells Fargo. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, April 12. On Tuesday, January 23 the stock of Northrop Grumman Corporation (NYSE:NOC) earned “Buy” rating by RBC Capital Markets. On Friday, January 26 the rating was maintained by Robert W. Baird with “Buy”. On Tuesday, December 12 the stock has “Buy” rating by J.P. Morgan. On Thursday, April 26 the rating was maintained by Credit Suisse with “Neutral”.

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 firm is worth $56.01 billion. It has three divisions: Aerospace Systems, Mission Systems, and Technology Services.Last it reported negative earnings. The Aerospace Systems segment designs, develops, integrates, and produces manned aircraft, autonomous systems, spacecraft, high-energy laser systems, microelectronics, and other systems/subsystems.

Northrop Grumman Corporation (NYSE:NOC) Institutional Investors Chart

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