Northrop Grumman Corp (NOC) Shareholder Andra Ap-Fonden Has Upped Holding by $18.72 Million

May 16, 2018 - By Kurt Siggers

Northrop Grumman Corporation (NYSE:NOC) LogoInvestors sentiment decreased to 0.98 in 2017 Q4. Its down 0.08, from 1.06 in 2017Q3. It dropped, as 46 investors sold NOC shares while 287 reduced holdings. 105 funds opened positions while 222 raised stakes. 137.07 million shares or 0.41% less from 137.63 million shares in 2017Q3 were reported. Carroll Fin Assoc holds 0.01% or 184 shares in its portfolio. Riverpark Cap Mngmt Ltd Limited Liability Company invested in 27,263 shares or 1.2% of the stock. Barometer Cap Management, Ontario – Canada-based fund reported 73,416 shares. Meiji Yasuda Asset Mgmt Com Ltd accumulated 13,128 shares. Fisher Asset Lc holds 2,315 shares. State Treasurer State Of Michigan reported 0.36% stake. Sequoia Limited Co has invested 0.02% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Moreover, Goldman Sachs Gp has 0.13% invested in Northrop Grumman Corporation (NYSE:NOC) for 1.76M shares. Amica Mutual Com holds 0.21% or 7,055 shares. Moreover, Trexquant Invest Lp has 0.23% invested in Northrop Grumman Corporation (NYSE:NOC) for 6,913 shares. Mark Sheptoff Fincl Planning Ltd Co accumulated 239 shares or 0.05% of the stock. Bowling Limited Liability invested in 16,975 shares. Loomis Sayles & Company LP holds 0.19% or 300,662 shares in its portfolio. Twin Tree Management Limited Partnership accumulated 3,944 shares or 0.01% of the stock. Millennium Mgmt Ltd Liability Company reported 0.1% of its portfolio in Northrop Grumman Corporation (NYSE:NOC).

Since February 13, 2018, it had 0 insider buys, and 9 sales for $6.82 million activity. Peppard Denise M. sold $850,870 worth of stock or 2,539 shares. $1.03 million worth of Northrop Grumman Corporation (NYSE:NOC) was sold by Hardesty Michael A on Tuesday, February 20.

Andra Ap-Fonden increased its stake in Northrop Grumman Corp (NOC) by 105.73% based on its latest 2017Q4 regulatory filing with the SEC. Andra Ap-Fonden bought 61,177 shares as the company’s stock rose 14.98% while stock markets declined. The institutional investor held 119,041 shares of the industrial machinery and components company at the end of 2017Q4, valued at $36.54 million, up from 57,864 at the end of the previous reported quarter. Andra Ap-Fonden who had been investing in Northrop Grumman Corp for a number of months, seems to be bullish on the $56.01B market cap company. The stock increased 0.37% or $1.19 during the last trading session, reaching $321.16. About 965,174 shares traded. Northrop Grumman Corporation (NYSE:NOC) has risen 48.11% since May 16, 2017 and is uptrending. It has outperformed by 36.56% the S&P500.

Andra Ap-Fonden, which manages about $4.40 billion US Long portfolio, decreased its stake in Paychex Inc (NASDAQ:PAYX) by 72,390 shares to 253,800 shares, valued at $17.28M in 2017Q4, according to the filing. It also reduced its holding in Charter by 10,225 shares in the quarter, leaving it with 29,200 shares, and cut its stake in Becton Dickinson & Co (NYSE:BDX).

More notable recent Northrop Grumman Corporation (NYSE:NOC) news were published by: which released: “Northrop’s Sales and Earnings Surge — So Why Did Its Shares Sink?” on April 30, 2018, also with their article: “Northrop Grumman to Webcast Annual Shareholders Meeting” published on May 11, 2018, published: “Battle tanks and lasers: Northrop Grumman scores $9.4M contract with work in Orlando” on May 09, 2018. More interesting news about Northrop Grumman Corporation (NYSE:NOC) were released by: and their article: “Aerospace And Defense Stocks: Which Are Best Wealth-Builders?” published on May 16, 2018 as well as‘s news article titled: “Northrop Grumman Releases First Quarter 2018 Financial Results” with publication date: April 25, 2018.

Northrop Grumman Corporation (NYSE:NOC) Ratings Coverage

Among 13 analysts covering Northrop (NYSE:NOC), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Northrop had 16 analyst reports since December 12, 2017 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Thursday, April 12 by Morgan Stanley. Stifel Nicolaus maintained Northrop Grumman Corporation (NYSE:NOC) on Monday, January 8 with “Hold” rating. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Hold” rating by Bernstein on Thursday, April 26. Credit Suisse maintained the shares of NOC in report on Thursday, April 26 with “Neutral” rating. RBC Capital Markets maintained it with “Buy” rating and $389.0 target in Tuesday, January 23 report. Jefferies maintained it with “Hold” rating and $345.0 target in Thursday, January 25 report. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Buy” rating by Citigroup on Monday, March 12. Wells Fargo upgraded the shares of NOC in report on Tuesday, January 16 to “Outperform” rating. The stock of Northrop Grumman Corporation (NYSE:NOC) has “Buy” rating given on Friday, January 26 by Robert W. Baird. The company was upgraded on Tuesday, December 12 by J.P. Morgan.

Northrop Grumman Corporation (NYSE:NOC) Institutional Positions Chart

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