Economy

Raytheon Company (RTN) To Go Ex-Dividend on October 11th

Accuray Inc now has $372.67 million valuation. Swiss National Bank now owns 1,163,645 shares of the aerospace company's stock worth $177,456,000 after purchasing an additional 223,900 shares during the period. About shares traded. Raytheon Company (NYSE:RTN) has risen 24.03% since October 9, 2016 and is uptrending. It has underperformed by 11.43% the S&P500.

Tompkins Financial Corp increased Raytheon Co Class B Com (RTN) stake by 851.24% reported in 2017Q2 SEC filing.

More notable recent Raytheon Company (NYSE:RTN) news were published by: Law360.com which released: "Jury Clears Raytheon In Engineer's $3.56M Retaliation Suit" on September 27, 2017, also Nasdaq.com with their article: "Raytheon (RTN) Wins $21M Navy Deal for RAM Block 2 Missile" published on September 14, 2017, Nasdaq.com published: "Raytheon (RTN) Wins $23M Deal for B-2 Antenna Modification" on September 27, 2017. Zwj Investment Counsel has 0.05% invested in Raytheon Company (NYSE:RTN) for 3,792 shares. Raytheon Company (RTN) has a market cap of $54.67 billion and over the last 12 months, Raytheon Company (NYSE:RTN) has gone stronger by 37.45%.

The stock decreased 0.55% or $1.03 on October 6, reaching $185.82.

Raytheon Company (NYSE:RTN) had a decrease of 7.99% in short interest. It has outperformed by 7.33% the S&P500. BlackRock Inc. grew its holdings in Raytheon by 2,166.0% during the 1st quarter. 93 funds opened positions while 346 raised stakes. 557.32 million shares or 1.16% less from 563.88 million shares in 2017Q1 were reported. It also reduced Express Scripts Hldg Co Com (NASDAQ:ESRX) stake by 6,530 shares and now owns 9 shares. Granite Inv Limited Liability holds 40,699 shares. Rockefeller Fincl Svcs holds 1,736 shares. Rothschild Invest Il stated it has 63,521 shares or 1.24% of all its holdings. Toronto Dominion Savings Bank invested in 0.05% or 103,203 shares. The aerospace company reported $1.89 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.74 by $0.15. Sumitomo Mitsui Asset Management Limited holds 30,156 shares. 1St Global Advsr Incorporated invested 0.22% of its portfolio in Raytheon Company (NYSE:RTN). Aperio Group Lc accumulated 276,335 shares. State Of Tennessee Treasury Department invested in 0.23% or 293,058 shares. Virginia Retirement Et Al accumulated 161,200 shares or 0.33% of the stock. The original version of this piece of content can be read at https://www.truebluetribune.com/2017/10/10/martingale-asset-management-l-p-purchases-1300-shares-of-raytheon-company-rtn.html.

On 11/16/2016 Raytheon Company announced a quarterly dividend of $0.73 2.02% with an ex dividend date of 12/30/2016 which will be payable on 2/2/2017.

On 8/31/2017 Taylor W. Lawrence, VP, sold 3,791 with an average share price of $182.09 per share and the total transaction amounting to $690,303.19. Also, VP Frank R. Jimenez sold 650 shares of the company's stock in a transaction dated Monday, October 2nd. Kremer Wesley D had sold 1,010 shares worth $164,731. The stock of Raytheon Company (NYSE:RTN) earned "Top Pick" rating by RBC Capital Markets on Thursday, September 17. Therefore 84% are positive. During the last 52 weeks, the (NYSE:RTN) price has been as high as $188.62 and as low as $132.89. The stock's average target of $174.81 is -7.14% below today's ($188.25) share price. Cowen and Company boosted their price target on shares of Raytheon Company from $150.00 to $170.00 and gave the company an "outperform" rating in a research report on Tuesday, March 7th. The firm has "Buy" rating given on Friday, January 29 by Stifel Nicolaus. The rating was downgraded by Barclays Capital to "Equal-Weight" on Monday, November 30. Morgan Stanley initiated Raytheon Company (NYSE:RTN) on Tuesday, August 8 with "Buy" rating. RBC Capital Markets maintained Raytheon Company (NYSE:RTN) rating on Thursday, July 27. The stock has "Buy" rating by RBC Capital Markets on Friday, June 2. Morgan Stanley initiated Raytheon Company (NYSE:RTN) on Tuesday, August 8 with "Buy" rating.

A number of analysts have recently commented on the stock. They expect $1.88 EPS, up 5.03% or $0.09 from last year's $1.79 per share. BNED's profit will be $48.38 million for 1.54 P/E if the $1.04 EPS becomes a reality. The hedge fund run by Cliff Asness held 2.85M shares of the industrial machinery and components company at the end of 2017Q2, valued at $460.66 million, up from 2.79 million at the end of the previous reported quarter. State Street Corp increased its stake in shares of Raytheon by 2.6% in the first quarter. Us National Bank De reported 353,375 shares or 0.19% of all its holdings.

Analysts await Barnes & Noble Education Inc (NYSE:BNED) to report earnings on December, 5. During the same period past year, the company earned $1.43 EPS.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RTN is likely to continue, and whether the current estimated yield of 1.70% on annualized basis is a reasonable expectation of annual yield going forward. Therefore 43% are positive. RTN was included in 54 notes of analysts from July 28, 2015. 2,922 shares valued at $451,164 were sold by Patton Cynthia M on Wednesday, May 24.



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