1St Global Advisors Has Increased Its Northrop Grumman (NOC) Position, Franklin Resources Has Lifted Its Mobile Telesystems Pjsc (MBT) Position

June 8, 2017 - By Stephen Andrade

Franklin Resources Inc increased Mobile Telesystems Pjsc (MBT) stake by 394.08% reported in 2016Q4 SEC filing. Franklin Resources Inc acquired 240,726 shares as Mobile Telesystems Pjsc (MBT)’s stock declined 10.26%. The Franklin Resources Inc holds 301,811 shares with $2.75 million value, up from 61,085 last quarter. Mobile Telesystems Pjsc now has $8.81 billion valuation. The stock rose 0.96% or $0.09 reaching $9.46 per share. About 392,079 shares traded. Mobil’nye Telesistemy PAO (ADR) (NYSE:MBT) has risen 4.98% since June 8, 2016 and is uptrending. It has underperformed by 11.72% the S&P500.

1St Global Advisors Inc increased Northrop Grumman Corp (NOC) stake by 97.44% reported in 2016Q4 SEC filing. 1St Global Advisors Inc acquired 3,847 shares as Northrop Grumman Corp (NOC)’s stock rose 2.59%. The 1St Global Advisors Inc holds 7,795 shares with $1.81 million value, up from 3,948 last quarter. Northrop Grumman Corp now has $44.79B valuation. The stock rose 0.16% or $0.42 reaching $255.09 per share. About 137,481 shares traded. Northrop Grumman Corporation (NYSE:NOC) has risen 18.39% since June 8, 2016 and is uptrending. It has outperformed by 1.69% the S&P500.

1St Global Advisors Inc decreased Ishares Tr (IWB) stake by 4,498 shares to 116,543 valued at $14.51 million in 2016Q4. It also reduced Public Storage (NYSE:PSA) stake by 4,813 shares and now owns 2,936 shares. Ishares (EWG) was reduced too.

Since January 3, 2017, it had 0 insider buys, and 22 selling transactions for $34.97 million activity. Bedingfield Kenneth L had sold 125 shares worth $29,298 on Tuesday, January 3. Another trade for 4,841 shares valued at $1.17 million was made by Antkowiak Patrick M. on Tuesday, February 21. Another trade for 33,976 shares valued at $8.32M was sold by BUSH WESLEY G. 591 shares were sold by DAVIS LISA R, worth $147,750. Jones Christopher T had sold 240 shares worth $57,019. FLACH GLORIA A sold $764,520 worth of stock or 3,158 shares. On Wednesday, May 10 the insider VICE THOMAS E sold $7.44M.

Investors sentiment increased to 1.07 in 2016 Q4. Its up 0.08, from 0.99 in 2016Q3. It improved, as 38 investors sold NOC shares while 274 reduced holdings. 104 funds opened positions while 231 raised stakes. 139.83 million shares or 0.78% less from 140.94 million shares in 2016Q3 were reported. Manchester Mgmt Ltd Limited Liability Company holds 0.06% or 1,666 shares. Whittier Trust Company has 0.01% invested in Northrop Grumman Corporation (NYSE:NOC) for 1,332 shares. Acadian Asset Mngmt Ltd Liability invested 0.16% in Northrop Grumman Corporation (NYSE:NOC). Marketfield Asset Mngmt Limited Liability, a New York-based fund reported 32,097 shares. The Massachusetts-based Ngam Advsrs Limited Partnership has invested 0.18% in Northrop Grumman Corporation (NYSE:NOC). 1,333 are owned by Everett Harris Company Ca. Signature Investment Limited Liability Company has 0.15% invested in Northrop Grumman Corporation (NYSE:NOC). Douglass Winthrop Limited Liability Corp accumulated 2,223 shares or 0.03% of the stock. Bain Capital Pub Equity Lc stated it has 44,600 shares or 0.74% of all its holdings. Tower Research Lc (Trc) holds 1,853 shares or 0.05% of its portfolio. Peregrine Asset Advisers Inc has 0.28% invested in Northrop Grumman Corporation (NYSE:NOC). Prelude Limited Liability Corp has 0.17% invested in Northrop Grumman Corporation (NYSE:NOC) for 5,916 shares. Spot Trading Lc accumulated 15,397 shares. Blackrock Group Inc Limited reported 0.15% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Narwhal Cap Management has invested 1.49% in Northrop Grumman Corporation (NYSE:NOC).

Among 12 analysts covering Northrop Grumman (NYSE:NOC), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Northrop Grumman had 28 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Barclays Capital given on Thursday, November 10. The company was maintained on Tuesday, February 16 by Barclays Capital. RBC Capital Markets initiated Northrop Grumman Corporation (NYSE:NOC) rating on Thursday, January 12. RBC Capital Markets has “Outperform” rating and $268 target. The firm earned “Peer Perform” rating on Thursday, October 29 by Wolfe Research. The firm has “Outperform” rating given on Thursday, October 29 by RBC Capital Markets. The rating was upgraded by Vertical Research on Thursday, May 11 to “Buy”. JP Morgan upgraded the stock to “Overweight” rating in Wednesday, December 16 report. The stock has “Buy” rating by Argus Research on Thursday, November 12. The stock of Northrop Grumman Corporation (NYSE:NOC) has “Buy” rating given on Thursday, August 6 by Argus Research. On Wednesday, October 28 the stock rating was upgraded by Drexel Hamilton to “Buy”.

Among 8 analysts covering Mobile TeleSystems (NYSE:MBT), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Mobile TeleSystems had 15 analyst reports since August 19, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, September 1 by HSBC. The rating was upgraded by Citigroup to “Buy” on Wednesday, August 19. The firm earned “Hold” rating on Friday, April 7 by Standpoint Research. The stock of Mobil’nye Telesistemy PAO (ADR) (NYSE:MBT) earned “Buy” rating by Deutsche Bank on Thursday, January 14. Credit Suisse initiated the shares of MBT in report on Monday, June 20 with “Outperform” rating. The rating was upgraded by Raiffeisen Centrobank to “Hold” on Friday, October 21. The firm earned “Buy” rating on Monday, November 21 by Citigroup. Deutsche Bank downgraded the shares of MBT in report on Thursday, March 24 to “Hold” rating. As per Thursday, March 24, the company rating was downgraded by HSBC. As per Friday, May 5, the company rating was downgraded by Morgan Stanley.

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