Orion Energy Systems, (OESX) Forms $0.81 Double Bottom; Nomura Asset Management Company LTD Increased By $329,189 Its Northrop Grumman (NOC) Holding

Nomura Asset Management Company Ltd increased Northrop Grumman Corp (NOC) stake by 5.52% reported in 2017Q3 SEC filing. Nomura Asset Management Company Ltd acquired 1,147 shares as Northrop Grumman Corp (NOC)’s stock rose 2.59%. The Nomura Asset Management Company Ltd holds 21,922 shares with $6.31 million value, up from 20,775 last quarter. Northrop Grumman Corp now has $55.88B valuation. The stock decreased 0.43% or $1.4 during the last trading session, reaching $320.97. About 869,410 shares traded or 9.31% up from the average. Northrop Grumman Corporation (NYSE:NOC) has risen 18.39% since February 6, 2017 and is uptrending. It has outperformed by 1.69% the S&P500.

Orion Energy Systems, Inc (OESX) formed double bottom with $0.78 target or 3.00% below today’s $0.81 share price. Orion Energy Systems, Inc (OESX) has $23.27M valuation. The stock increased 1.25% or $0.01 during the last trading session, reaching $0.805. About 7,542 shares traded. Orion Energy Systems, Inc (NASDAQ:OESX) has risen 9.45% since February 6, 2017 and is uptrending. It has underperformed by 7.25% the S&P500.

Analysts await Orion Energy Systems, Inc (NASDAQ:OESX) to report earnings on February, 14. They expect $-0.06 EPS, down 50.00% or $0.02 from last year’s $-0.04 per share. After $-0.11 actual EPS reported by Orion Energy Systems, Inc for the previous quarter, Wall Street now forecasts -45.45% EPS growth.

Among 5 analysts covering Orion Energy Systems (NASDAQ:OESX), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Orion Energy Systems has $2.50 highest and $1.0 lowest target. $2’s average target is 148.45% above currents $0.805 stock price. Orion Energy Systems had 9 analyst reports since August 4, 2015 according to SRatingsIntel. Roth Capital maintained the shares of OESX in report on Thursday, October 5 with “Hold” rating. The stock of Orion Energy Systems, Inc (NASDAQ:OESX) earned “Buy” rating by Roth Capital on Tuesday, August 4. TH Capital downgraded the shares of OESX in report on Tuesday, August 4 to “Buy” rating. As per Friday, June 9, the company rating was maintained by H.C. Wainwright. Roth Capital maintained Orion Energy Systems, Inc (NASDAQ:OESX) on Friday, June 9 with “Hold” rating. H.C. Wainwright maintained the stock with “Buy” rating in Monday, August 7 report. Zacks upgraded the shares of OESX in report on Wednesday, September 2 to “Hold” rating. The stock of Orion Energy Systems, Inc (NASDAQ:OESX) earned “Buy” rating by Rodman & Renshaw on Monday, July 18. On Friday, May 26 the stock rating was maintained by H.C. Wainwright with “Buy”.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.07, from 0.76 in 2017Q2. It is negative, as 4 investors sold Orion Energy Systems, Inc shares while 9 reduced holdings. 4 funds opened positions while 5 raised stakes. 12.79 million shares or 0.47% less from 12.85 million shares in 2017Q2 were reported. Northern reported 0% in Orion Energy Systems, Inc (NASDAQ:OESX). Tower Rech Lc (Trc) stated it has 33 shares or 0% of all its holdings. Guggenheim Capital Lc reported 13,372 shares or 0% of all its holdings. The New Jersey-based Prudential Financial has invested 0% in Orion Energy Systems, Inc (NASDAQ:OESX). Barclays Public Limited Com holds 0% in Orion Energy Systems, Inc (NASDAQ:OESX) or 156 shares. North Star Mgmt Corporation holds 0.41% or 2.89M shares in its portfolio. Raymond James Advsrs Incorporated has invested 0% in Orion Energy Systems, Inc (NASDAQ:OESX). Connors Investor Svcs invested 0.02% in Orion Energy Systems, Inc (NASDAQ:OESX). Kansas-based Creative Planning has invested 0% in Orion Energy Systems, Inc (NASDAQ:OESX). State Street Corp accumulated 10,800 shares. Adirondack And Management invested 0.58% in Orion Energy Systems, Inc (NASDAQ:OESX). Optimum Inv Advisors owns 40,000 shares for 0.02% of their portfolio. 100,000 were accumulated by Ifc Fl. California Employees Retirement Sys reported 66,300 shares or 0% of all its holdings. Nationwide Fund Advsr owns 3,156 shares.

Among 18 analysts covering Northrop Grumman (NYSE:NOC), 11 have Buy rating, 0 Sell and 7 Hold. Therefore 61% are positive. Northrop Grumman had 56 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Outperform” rating by Robert W. Baird on Thursday, October 6. The rating was maintained by RBC Capital Markets on Friday, September 29 with “Buy”. The rating was maintained by Deutsche Bank with “Buy” on Monday, December 5. The firm earned “Buy” rating on Thursday, November 12 by Argus Research. Cowen & Co maintained Northrop Grumman Corporation (NYSE:NOC) on Wednesday, August 23 with “Hold” rating. The firm has “Market Perform” rating given on Thursday, October 26 by Cowen & Co. Barclays Capital maintained Northrop Grumman Corporation (NYSE:NOC) rating on Tuesday, February 16. Barclays Capital has “Equal-Weight” rating and $189 target. The company was upgraded on Tuesday, January 16 by Wells Fargo. JP Morgan upgraded the shares of NOC in report on Wednesday, December 16 to “Overweight” rating. The firm earned “Buy” rating on Tuesday, December 12 by J.P. Morgan.

Nomura Asset Management Company Ltd decreased Netflix Inc (NASDAQ:NFLX) stake by 15,860 shares to 204,453 valued at $37.08 million in 2017Q3. It also reduced Macerich Co (NYSE:MAC) stake by 14,570 shares and now owns 80,896 shares. Amazon Com Inc (NASDAQ:AMZN) was reduced too.