Time To Sell Northrop Grumman Corporation (NYSE:NOC)? BidaskScore Downgrades Shares Today

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Investors sentiment decreased to 0.9 in Q2 2019. Its down 0.28, from 1.18 in 2019Q1. It dropped, as 61 investors sold Northrop Grumman Corporation shares while 277 reduced holdings. 110 funds opened positions while 195 raised stakes. 137.21 million shares or 0.21% more from 136.92 million shares in 2019Q1 were reported.

Ballentine Ltd Liability Com, Massachusetts-based fund reported 635 shares. Fin Counselors reported 30,592 shares. Panagora Asset Incorporated has 0.01% invested in Northrop Grumman Corporation (NYSE:NOC). Moreover, Intact Inv Management has 0.02% invested in Northrop Grumman Corporation (NYSE:NOC) for 1,500 shares. Fukoku Mutual Life Insur owns 900 shares for 0.04% of their portfolio. Brookstone Mgmt reported 0.01% in Northrop Grumman Corporation (NYSE:NOC). Beach Counsel Inc Pa invested 0.04% in Northrop Grumman Corporation (NYSE:NOC). Goelzer Invest Mngmt, Indiana-based fund reported 9,679 shares. Td Asset Management reported 169,057 shares. Smithfield Tru invested 0.01% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Montag A And Assoc accumulated 0.06% or 2,200 shares. Seatown Pte Limited has invested 3.96% in Northrop Grumman Corporation (NYSE:NOC). New England & Management Inc reported 1,100 shares. Lincoln Natl, a Pennsylvania-based fund reported 6,995 shares. Cordasco Financial Net stated it has 0.02% of its portfolio in Northrop Grumman Corporation (NYSE:NOC).

Northrop Grumman Corporation (NYSE:NOC) Receives a Downgrade

BidaskScore has decided to issue a report indicating that Northrop Grumman Corporation (NYSE:NOC) shares are now a ‘”Buy”‘ in analysts note revealed to investors and clients on Saturday, 12 October.

Northrop Grumman Corporation (NYSE:NOC) Ratings Coverage

Among 3 analysts covering Northrop Grumman Corporation Common Stock (NYSE:NOC), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Northrop Grumman Corporation Common Stock has $43700 highest and $30000 lowest target. $369’s average target is 1.87% above currents $362.22 stock price. Northrop Grumman Corporation Common Stock had 9 analyst reports since April 25, 2019 according to SRatingsIntel. The rating was upgraded by Morgan Stanley to “Overweight” on Tuesday, August 6. UBS maintained Northrop Grumman Corporation (NYSE:NOC) rating on Wednesday, July 10. UBS has “Neutral” rating and $33000 target. UBS maintained Northrop Grumman Corporation (NYSE:NOC) rating on Thursday, April 25. UBS has “Neutral” rating and $30000 target. The firm has “Overweight” rating by Morgan Stanley given on Thursday, October 10. The firm earned “Equal-Weight” rating on Friday, June 14 by Morgan Stanley. The company was maintained on Thursday, May 16 by Barclays Capital.

The stock decreased 1.77% or $6.53 during the last trading session, reaching $362.22. About 1.50M shares traded or 56.56% up from the average. Northrop Grumman Corporation (NYSE:NOC) has risen 17.21% since October 13, 2018 and is uptrending. It has outperformed by 17.21% the S&P500.

Analysts await Northrop Grumman Corporation (NYSE:NOC) to report earnings on October, 23. They expect $4.74 earnings per share, down 27.52 % or $1.80 from last year’s $6.54 per share. NOC’s profit will be $802.00M for 19.10 P/E if the $4.74 EPS becomes a reality. After $5.06 actual earnings per share reported by Northrop Grumman Corporation for the previous quarter, Wall Street now forecasts -6.32 % negative EPS growth.

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 company has market cap of $61.29 billion. It has three divisions: Aerospace Systems, Mission Systems, and Technology Services. It has a 18.77 P/E ratio. The Aerospace Systems segment designs, develops, integrates, and produces manned aircraft, autonomous systems, spacecraft, high-energy laser systems, microelectronics, and other systems/subsystems.

More notable recent Northrop Grumman Corporation (NYSE:NOC) news were published by: Finance.Yahoo.com which released: “Boeing Faces a Nuclear Threat, Pt. 1 – Yahoo Finance” on September 23, 2019, also Finance.Yahoo.com with their article: “10 Defense Stocks to Buy During Rising Geopolitical Tensions – Yahoo Finance” published on September 18, 2019, Globenewswire.com published: “Speedcast Government to Support Northrop Grumman in Army Cyber and Comms Developmental Efforts – GlobeNewswire” on October 02, 2019. More interesting news about Northrop Grumman Corporation (NYSE:NOC) were released by: Globenewswire.com and their article: “Invitation to Northrop Grumman’s Third Quarter 2019 Financial Results Conference Call – GlobeNewswire” published on October 07, 2019 as well as Bizjournals.com‘s news article titled: “Northrop to ink a $4.8B contract for Global Hawk drone fleet – Washington Business Journal” with publication date: October 10, 2019.

Northrop Grumman Corporation (NYSE:NOC) Institutional Positions Chart

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