L-3 Communications Holdings, Inc. (LLL) PT Lowered to $175.00 at Stifel Nicolaus

L-3 Communications Holdings, Inc. (NYSE:LLL) had its price objective cut by Stifel Nicolaus from $195.00 to $175.00 in a report published on Monday morning. They currently have a hold rating on the aerospace company’s stock.

Several other brokerages also recently issued reports on LLL. Cowen and Company reaffirmed a buy rating and issued a $200.00 price target (up from $190.00) on shares of L-3 Communications Holdings in a research report on Tuesday, October 3rd. ValuEngine downgraded L-3 Communications Holdings from a buy rating to a hold rating in a research report on Monday, October 2nd. Royal Bank Of Canada reissued a hold rating on shares of L-3 Communications Holdings in a research report on Sunday, October 8th. Deutsche Bank AG reissued a buy rating and set a $205.00 target price (up from $190.00) on shares of L-3 Communications Holdings in a research report on Monday, October 2nd. Finally, Zacks Investment Research raised L-3 Communications Holdings from a hold rating to a buy rating and set a $210.00 target price on the stock in a research report on Monday, October 2nd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. L-3 Communications Holdings currently has an average rating of Hold and a consensus price target of $192.50.

L-3 Communications Holdings (NYSE:LLL) traded up 0.27% on Monday, hitting $186.30. The company had a trading volume of 65,335 shares. The firm’s 50 day moving average price is $186.55 and its 200 day moving average price is $174.60. The stock has a market cap of $14.57 billion, a P/E ratio of 21.00 and a beta of 1.15. L-3 Communications Holdings has a 12-month low of $132.38 and a 12-month high of $192.00.

L-3 Communications Holdings (NYSE:LLL) last issued its quarterly earnings results on Thursday, July 27th. The aerospace company reported $2.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.03 by $0.18. The company had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.70 billion. L-3 Communications Holdings had a return on equity of 14.15% and a net margin of 6.44%. The firm’s revenue was up 2.6% compared to the same quarter last year. During the same period last year, the business posted $1.88 earnings per share. Equities analysts predict that L-3 Communications Holdings will post $8.84 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “L-3 Communications Holdings, Inc. (LLL) PT Lowered to $175.00 at Stifel Nicolaus” was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece of content on another website, it was illegally stolen and reposted in violation of US and international trademark & copyright legislation. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/19/l-3-communications-holdings-inc-lll-pt-lowered-to-175-00-at-stifel-nicolaus.html.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 17th will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Thursday, November 16th. L-3 Communications Holdings’s dividend payout ratio is 33.82%.

In other L-3 Communications Holdings news, insider Michael T. Strianese sold 22,547 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $173.49, for a total transaction of $3,911,679.03. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Claude R. Canizares sold 2,981 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $181.68, for a total transaction of $541,588.08. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 75,622 shares of company stock valued at $13,649,909. Corporate insiders own 2.90% of the company’s stock.

Several large investors have recently bought and sold shares of LLL. Teachers Advisors LLC raised its stake in shares of L-3 Communications Holdings by 23,683.0% in the first quarter. Teachers Advisors LLC now owns 717,057 shares of the aerospace company’s stock valued at $118,522,000 after acquiring an additional 714,042 shares during the last quarter. Global X Management Co. LLC raised its stake in shares of L-3 Communications Holdings by 22.7% in the first quarter. Global X Management Co. LLC now owns 1,878 shares of the aerospace company’s stock valued at $310,000 after acquiring an additional 348 shares during the last quarter. MARSHALL WACE ASIA Ltd bought a new position in shares of L-3 Communications Holdings in the first quarter valued at approximately $1,523,000. Marshall Wace North America L.P. bought a new position in shares of L-3 Communications Holdings in the first quarter valued at appr

Several other brokerages also recently issued reports on LLL. Cowen and Company reaffirmed a buy rating and issued a $200.00 price target (up from $190.00) on shares of L-3 Communications Holdings in a research report on Tuesday, October 3rd. ValuEngine downgraded L-3 Communications Holdings from a buy rating to a hold rating in a research report on Monday, October 2nd. Royal Bank Of Canada reissued a hold rating on shares of L-3 Communications Holdings in a research report on Sunday, October 8th. Deutsche Bank AG reissued a buy rating and set a $205.00 target price (up from $190.00) on shares of L-3 Communications Holdings in a research report on Monday, October 2nd. Finally, Zacks Investment Research raised L-3 Communications Holdings from a hold rating to a buy rating and set a $210.00 target price on the stock in a research report on Monday, October 2nd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. L-3 Communications Holdings currently has an average rating of Hold and a consensus price target of $192.50.

L-3 Communications Holdings (NYSE:LLL) traded up 0.27% on Monday, hitting $186.30. The company had a trading volume of 65,335 shares. The firm’s 50 day moving average price is $186.55 and its 200 day moving average price is $174.60. The stock has a market cap of $14.57 billion, a P/E ratio of 21.00 and a beta of 1.15. L-3 Communications Holdings has a 12-month low of $132.38 and a 12-month high of $192.00.

L-3 Communications Holdings (NYSE:LLL) last issued its quarterly earnings results on Thursday, July 27th. The aerospace company reported $2.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.03 by $0.18. The company had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.70 billion. L-3 Communications Holdings had a return on equity of 14.15% and a net margin of 6.44%. The firm’s revenue was up 2.6% compared to the same quarter last year. During the same period last year, the business posted $1.88 earnings per share. Equities analysts predict that L-3 Communications Holdings will post $8.84 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “L-3 Communications Holdings, Inc. (LLL) PT Lowered to $175.00 at Stifel Nicolaus” was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece of content on another website, it was illegally stolen and reposted in violation of US and international trademark & copyright legislation. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/19/l-3-communications-holdings-inc-lll-pt-lowered-to-175-00-at-stifel-nicolaus.html.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 17th will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Thursday, November 16th. L-3 Communications Holdings’s dividend payout ratio is 33.82%.

In other L-3 Communications Holdings news, insider Michael T. Strianese sold 22,547 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $173.49, for a total transaction of $3,911,679.03. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Claude R. Canizares sold 2,981 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $181.68, for a total transaction of $541,588.08. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 75,622 shares of company stock valued at $13,649,909. Corporate insiders own 2.90% of the company’s stock.

Several large investors have recently bought and sold shares of LLL. Teachers Advisors LLC raised its stake in shares of L-3 Communications Holdings by 23,683.0% in the first quarter. Teachers Advisors LLC now owns 717,057 shares of the aerospace company’s stock valued at $118,522,000 after acquiring an additional 714,042 shares during the last quarter. Global X Management Co. LLC raised its stake in shares of L-3 Communications Holdings by 22.7% in the first quarter. Global X Management Co. LLC now owns 1,878 shares of the aerospace company’s stock valued at $310,000 after acquiring an additional 348 shares during the last quarter. MARSHALL WACE ASIA Ltd bought a new position in shares of L-3 Communications Holdings in the first quarter valued at approximately $1,523,000. Marshall Wace North America L.P. bought a new position in shares of L-3 Communications Holdings in the first quarter valued at approximately $1,523,000. Finally, Parallel Advisors LLC raised its stake in shares of L-3 Communications Holdings by 4.6% in the first quarter. Parallel Advisors LLC now owns 614 shares of the aerospace company’s stock valued at $103,000 after acquiring an additional 27 shares during the last quarter. Institutional investors own 79.08% of the company’s stock.

L-3 Communications Holdings Company Profile

L3 Technologies, Inc, formerly L-3 Communications Holdings, Inc, is a prime contractor in Intelligence, Surveillance and Reconnaissance (ISR) systems, aircraft sustainment, simulation and training, night vision and image intensification equipment and security and detection systems. The Company provides a broad range of communication and electronic systems and products used on military and commercial platforms.

Analyst Recommendations for L-3 Communications Holdings (NYSE:LLL)

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