Vantage Investment Advisors LLC Increases Stake in Raytheon Company (RTN)

April 17, 2018 - By Linda Rogers

Raytheon Company (NYSE:RTN) LogoInvestors sentiment decreased to 1.09 in Q4 2017. Its down 0.12, from 1.21 in 2017Q3. It worsened, as 36 investors sold RTN shares while 374 reduced holdings. 106 funds opened positions while 340 raised stakes. 202.53 million shares or 1.45% less from 205.51 million shares in 2017Q3 were reported. Addison Capital Company reported 1,540 shares or 0.23% of all its holdings. Pettyjohn Wood White holds 2,500 shares or 0.17% of its portfolio. Cognios Cap Ltd Liability holds 17,085 shares. Howe Rusling holds 2.41% of its portfolio in Raytheon Company (NYSE:RTN) for 70,472 shares. Focused Wealth Mngmt has invested 0.08% in Raytheon Company (NYSE:RTN). Mai Mngmt has invested 0.74% in Raytheon Company (NYSE:RTN). Roosevelt Inv Group Incorporated Incorporated holds 9,617 shares. Advisor Ptnrs Ltd Liability stated it has 9,914 shares or 0.35% of all its holdings. L And S Advisors stated it has 24,364 shares. Moreover, New Mexico Educational Retirement Board has 0.2% invested in Raytheon Company (NYSE:RTN) for 27,943 shares. Orrstown Fin Services has 957 shares for 0.21% of their portfolio. Svcs has invested 0.04% of its portfolio in Raytheon Company (NYSE:RTN). Kwmg Limited Liability Corp reported 12,010 shares. Cypress Asset Management Tx invested in 42,645 shares or 1.72% of the stock. Magnetar Finance Llc invested 0.04% in Raytheon Company (NYSE:RTN).

Since January 2, 2018, it had 0 insider buys, and 19 insider sales for $31.66 million activity. 972 shares valued at $208,322 were sold by Lawrence Taylor W on Thursday, March 29. Jimenez Frank R had sold 3,405 shares worth $718,217 on Monday, January 29. The insider O’Brien Anthony F sold $2.25 million. 5,688 shares valued at $1.22M were sold by Kennedy Thomas A on Friday, March 23. Newsome Randa G sold $1.84 million worth of Raytheon Company (NYSE:RTN) on Tuesday, February 13. WAJSGRAS DAVID C sold $2.77 million worth of stock.

Vantage Investment Advisors Llc increased its stake in Raytheon Company (RTN) by 4445.23% based on its latest 2017Q4 regulatory filing with the SEC. Vantage Investment Advisors Llc bought 21,915 shares as the company’s stock rose 14.84% while stock markets declined. The institutional investor held 22,408 shares of the industrial machinery and components company at the end of 2017Q4, valued at $4.21M, up from 493 at the end of the previous reported quarter. Vantage Investment Advisors Llc who had been investing in Raytheon Company for a number of months, seems to be bullish on the $65.52B market cap company. The stock increased 0.90% or $2.02 during the last trading session, reaching $227.11. About 1.52 million shares traded. Raytheon Company (NYSE:RTN) has risen 42.32% since April 17, 2017 and is uptrending. It has outperformed by 30.77% the S&P500.

Raytheon Company (NYSE:RTN) Ratings Coverage

Among 13 analysts covering Raytheon (NYSE:RTN), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. Raytheon had 23 analyst reports since October 19, 2017 according to SRatingsIntel. The stock has “Overweight” rating by Morgan Stanley on Friday, February 23. Robert W. Baird maintained it with “Buy” rating and $212.0 target in Monday, October 23 report. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, January 26 report. The firm earned “Outperform” rating on Monday, October 30 by Bernstein. The company was downgraded on Tuesday, December 12 by J.P. Morgan. Buckingham Research maintained Raytheon Company (NYSE:RTN) on Tuesday, October 31 with “Buy” rating. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, April 12 report. The rating was maintained by RBC Capital Markets on Friday, April 6 with “Buy”. Wells Fargo maintained Raytheon Company (NYSE:RTN) rating on Tuesday, January 16. Wells Fargo has “Buy” rating and $215.0 target. Robert W. Baird maintained Raytheon Company (NYSE:RTN) on Friday, January 26 with “Buy” rating.

Raytheon Company (NYSE:RTN) Institutional Positions Chart

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