Private Asset Management Has Lowered Its Raytheon Co (RTN) Position; HEIDELBERGERCEMENT (HLBZF) Sellers Decreased By 10.01% Their Shorts

Private Asset Management Inc decreased Raytheon Co (RTN) stake by 81.08% reported in 2017Q3 SEC filing. Private Asset Management Inc sold 27,236 shares as Raytheon Co (RTN)’s stock rose 4.85%. The Private Asset Management Inc holds 6,354 shares with $6.35 million value, down from 33,590 last quarter. Raytheon Co now has $54.31 billion valuation. The stock decreased 0.57% or $1.07 during the last trading session, reaching $187.85. About 1.14M shares traded. Raytheon Company (NYSE:RTN) has risen 24.03% since December 30, 2016 and is uptrending. It has outperformed by 7.33% the S&P500.

HEIDELBERGERCEMENT (OTCMKTS:HLBZF) had a decrease of 10.01% in short interest. HLBZF’s SI was 613,100 shares in December as released by FINRA. Its down 10.01% from 681,300 shares previously. With 100 avg volume, 6131 days are for HEIDELBERGERCEMENT (OTCMKTS:HLBZF)’s short sellers to cover HLBZF’s short positions. The stock increased 2.15% or $2.29 during the last trading session, reaching $108.94. About 5 shares traded. HeidelbergCement AG (OTCMKTS:HLBZF) has 0.00% since December 30, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 21 analysts covering Raytheon Company (NYSE:RTN), 17 have Buy rating, 1 Sell and 3 Hold. Therefore 81% are positive. Raytheon Company has $225.0 highest and $118 lowest target. $189.44’s average target is 0.85% above currents $187.85 stock price. Raytheon Company had 67 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has “Buy” rating by Bank of America on Tuesday, July 28. As per Monday, August 24, the company rating was upgraded by Zacks. RBC Capital Markets maintained Raytheon Company (NYSE:RTN) rating on Friday, October 23. RBC Capital Markets has “Top Pick” rating and $133 target. On Tuesday, October 31 the stock rating was maintained by Buckingham Research with “Buy”. The stock of Raytheon Company (NYSE:RTN) has “Buy” rating given on Friday, June 23 by Jefferies. On Friday, June 2 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was maintained by Credit Suisse on Monday, April 3 with “Buy”. The rating was maintained by Cowen & Co with “Buy” on Thursday, July 27. The firm earned “Buy” rating on Tuesday, November 28 by Wells Fargo. Barclays Capital downgraded Raytheon Company (NYSE:RTN) rating on Monday, November 30. Barclays Capital has “Equal-Weight” rating and $125 target.

Since August 14, 2017, it had 0 insider purchases, and 3 insider sales for $961,405 activity. Shares for $149,378 were sold by Clark Vernon E. 3,791 shares were sold by Lawrence Taylor W, worth $690,304. $121,723 worth of Raytheon Company (NYSE:RTN) was sold by Jimenez Frank R.

Analysts await Raytheon Company (NYSE:RTN) to report earnings on January, 25. They expect $2.03 earnings per share, up 7.98% or $0.15 from last year’s $1.88 per share. RTN’s profit will be $586.85 million for 23.13 P/E if the $2.03 EPS becomes a reality. After $1.97 actual earnings per share reported by Raytheon Company for the previous quarter, Wall Street now forecasts 3.05% EPS growth.