Investors bought shares of Northrop Grumman Corp. (NYSE:NOC) on weakness during trading on Thursday. $70.18 million flowed into the stock on the tick-up and $55.84 million flowed out of the stock on the tick-down, for a money net flow of $14.34 million into the stock. Of all stocks tracked, Northrop Grumman Corp. had the 18th highest net in-flow for the day. Northrop Grumman Corp. traded down ($0.65) for the day and closed at $221.13

NOC has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Northrop Grumman Corp. from a “hold” rating to a “sell” rating in a report on Monday, April 11th. Citigroup Inc. lifted their target price on shares of Northrop Grumman Corp. from $215.00 to $235.00 and gave the stock a “buy” rating in a research note on Wednesday, April 27th. Vetr downgraded shares of Northrop Grumman Corp. from a “buy” rating to a “hold” rating and set a $224.44 target price for the company. in a research note on Wednesday, June 8th. Wells Fargo & Co. reiterated a “hold” rating on shares of Northrop Grumman Corp. in a research note on Monday, May 23rd. Finally, Goldman Sachs Group Inc. lifted their target price on shares of Northrop Grumman Corp. from $219.00 to $233.00 and gave the stock a “buy” rating in a research note on Tuesday, April 12th. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $217.03.

The company’s 50-day moving average is $217.17 and its 200 day moving average is $201.07. The stock has a market capitalization of $39.90 billion and a P/E ratio of 20.08.

Northrop Grumman Corp. (NYSE:NOC) last posted its earnings results on Wednesday, April 27th. The company reported $2.77 EPS for the quarter, beating analysts’ consensus estimates of $2.49 by $0.28. The firm had revenue of $5.96 billion for the quarter, compared to the consensus estimate of $5.92 billion. During the same quarter in the prior year, the company posted $2.41 earnings per share. The firm’s revenue was up .0% compared to the same quarter last year. Equities analysts forecast that Northrop Grumman Corp. will post $10.70 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 22nd. Stockholders of record on Monday, June 6th were given a dividend of $0.90 per share. The ex-dividend date was Thursday, June 2nd. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.63%. This is a positive change from Northrop Grumman Corp.’s previous quarterly dividend of $0.80.

In related news, VP Sheila C. Cheston sold 3,105 shares of the firm’s stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $215.52, for a total value of $669,189.60. Following the completion of the sale, the vice president now directly owns 40,682 shares in the company, valued at $8,767,784.64. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Christopher T. Jones sold 240 shares of the firm’s stock in a transaction on Friday, July 1st. The stock was sold at an average price of $222.50, for a total value of $53,400.00. Following the completion of the sale, the vice president now owns 48,260 shares of the company’s stock, valued at $10,737,850. The disclosure for this sale can be found here.

A number of hedge funds recently modified their holdings of NOC. Brown Advisory Inc. increased its stake in shares of Northrop Grumman Corp. by 0.5% in the fourth quarter. Brown Advisory Inc. now owns 9,093 shares of the company’s stock worth $1,717,000 after buying an additional 48 shares in the last quarter. Advantus Capital Management Inc increased its stake in shares of Northrop Grumman Corp. by 0.8% in the fourth quarter. Advantus Capital Management Inc now owns 17,764 shares of the company’s stock worth $3,354,000 after buying an additional 135 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in shares of Northrop Grumman Corp. by 2.4% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 23,671 shares of the company’s stock worth $4,469,000 after buying an additional 559 shares in the last quarter. Moors & Cabot Inc. increased its stake in shares of Northrop Grumman Corp. by 8.5% in the fourth quarter. Moors & Cabot Inc. now owns 7,616 shares of the company’s stock worth $1,440,000 after buying an additional 597 shares in the last quarter. Finally, Strategic Global Advisors LLC increased its stake in shares of Northrop Grumman Corp. by 4.2% in the fourth quarter. Strategic Global Advisors LLC now owns 17,032 shares of the company’s stock worth $3,216,000 after buying an additional 694 shares in the last quarter.

Northrop Grumman Corporation (Northrop Grumman) is a global security company. The Company provides systems, products and solutions in unmanned systems; cyber; command, control, communications and computers (C4), intelligence, surveillance, and reconnaissance (C4ISR); strike aircraft, and logistics and modernization to Government and commercial customers across the world.

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