Economy

Raytheon Company (RTN) Stake Raised by Trust Co. of Vermont

Weatherly Asset Management bought 3,935 shares as the company's stock declined 4.23% while stock markets rallied. The company has market cap of $35.52 million. Sprott Inc. now owns 10,695 shares of the aerospace company's stock valued at $1,727,000 after buying an additional 775 shares during the period. About 91,571 shares traded. It has underperformed by 4.22% the S&P500. Following the sale, the vice president now directly owns 29,292 shares of the company's stock, valued at approximately $5,329,386.48. The aerospace company reported $1.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.74 by $0.15.

Raytheon Company, launched on December 17, 1953, is a technology company, which specializes in defense and other government markets. The stock of Berendsen PLC (LON:BRSN) has "Add" rating given on Friday, September 2 by Peel Hunt. Oppenheimer & Company Inc acquired 5,668 shares as Raytheon Co (RTN)'s stock rose 4.85%. It has outperformed by 7.33% the S&P500. Out of 18 Wall Street analysts rating Raytheon Company, 14 give it "Buy", 1 "Sell" rating, while 3 recommend "Hold". Therefore 61% are positive.

COPYRIGHT VIOLATION NOTICE: "Raytheon Company (RTN) is Howe & Rusling Inc.'s 3rd Largest Position" was first reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. Vetr lowered Raytheon from a "buy" rating to a "hold" rating and set a $187.08 target price on the stock.in a research note on Wednesday, August 30th. Barclays Capital maintained Ingersoll-Rand PLC (NYSE:IR) on Monday, October 5 with "Equal-Weight" rating. As per Friday, September 11, the company rating was maintained by JP Morgan. BMO Capital Markets maintained it with "Buy" rating and $10500 target in Tuesday, July 18 report. The stock has "Buy" rating by RBC Capital Markets on Friday, June 2. Robert W. Baird initiated the shares of RTN in report on Thursday, October 6 with "Outperform" rating. The rating was maintained by Credit Suisse on Monday, April 3 with "Buy". On average, equities analysts expect that Raytheon Company will post $7.59 EPS for the current year. Raytheon Company shares had a trading volume of 1,259K on Friday. Its down 0.15, from 1.27 in 2016Q3. It is negative, as 55 investors sold RTN shares while 327 reduced holdings. The correct version of this article can be viewed at https://weekherald.com/2017/09/02/raytheon-company-rtn-stake-boosted-by-ibm-retirement-fund.html. The hedge funds in our partner's database now have: 216.30 million shares, down from 219.43 million shares in 2016Q3. First Natl Trust Communications stated it has 5,609 shares. Flippin Bruce & Porter has 1.36% invested in Prudential plc (LON:PRU) for 53,612 shares. The company has market cap of 46.25 billion GBP. Coldstream Cap Management accumulated 0.33% or 14,185 shares. Da Davidson invested 0.05% in Raytheon Company (NYSE:RTN). 945,229 shares of the company's stock were exchanged.

RTN has been the topic of a number of recent research reports. Manchester Capital Mngmt Lc holds 7,830 shares or 0.07% of its portfolio. (NYSE:PFE). Shufro Rose Company Lc has invested 0.42% of its portfolio in Pfizer Inc. Cognios Ltd Liability holds 50,721 shares. Illinois-based Busey Tru has invested 0.88% in Raytheon Company (NYSE:RTN).

Since January 1, 0001, it had 0 insider purchases, and 10 selling transactions for $4.52 million activity. Another trade for 518 shares valued at $78,596 was made by Wood Michael J on Wednesday, March 29. The insider Lawrence Taylor W sold $155,353. $164,731 worth of stock was sold by Kremer Wesley D on Tuesday, May 30. WAJSGRAS DAVID C sold $810,915 worth of stock. (NYSE:PFE) shares were sold by HILL CHARLES H. Buckingham Research has "Buy" rating and $199 target. Therefore 23% are positive. The rating was upgraded by UBS on Tuesday, September 29 to "Buy". The stock of CVS Health Corp (NYSE:CVS) has "Outperform" rating given on Friday, January 22 by Robert W. Baird. Jefferies has "Buy" rating and $17200 target. The company was upgraded on Tuesday, July 28 by Bank of America. Societe Generale downgraded the stock to "Hold" rating in Wednesday, June 1 report. The company was maintained on Monday, August 28 by Jefferies. The rating was maintained by Stifel Nicolaus with "Buy" on Thursday, July 27. The rating was maintained by JP Morgan with "Overweight" on Monday, November 2. 4,757 shares were sold by Maestri Luca, worth $735,898 on Friday, June 2. The stock had a rise in short interest of 21.82% as of the latest report on August 15, 2017.

Investors sentiment decreased to 1.12 in Q4 2016. Its up 0.06, from 1.14 in 2016Q3. 123 funds opened positions while 723 raised stakes. Ngam Advsrs Lp reported 24,533 shares or 0.02% of all its holdings. 11,100 are held by Bedrijfstakpensioenfonds Voor De Media Pno. Sumitomo Life Ins has invested 0.29% in Raytheon Company (NYSE:RTN). Westfield Cap Co LP invested 0.01% of its portfolio in CVS Health Corp (NYSE:CVS).

Mackenzie Financial Corp decreased Pfizer Inc (PFE) stake by 2.82% reported in 2016Q4 SEC filing. Modera Wealth Mgmt has invested 0.24% in Pfizer Inc. Regions invested in 19,352 shares or 0.02% of the stock. Commerce Comml Bank has 0.06% invested in Starbucks Corporation (NASDAQ:SBUX) for 74,034 shares. Northwestern Mutual Wealth Management Co holds 17,613 shares or 0.03% of its portfolio. North Star Management owns 350 shares for 0% of their portfolio. The dividend was $0.798 per share for the quarter which comes to $3.19 on an annualized basis. Ferguson Wellman Capital Management Inc. boosted its stake in shares of Raytheon by 2.3% in the first quarter.

Since May 3, 2017, it had 0 buys, and 5 insider sales for $10.48 million activity. The insider O'Brien Anthony F sold 1,275 shares worth $194,170.



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