Shares of L-3 Communications Holdings Inc. (NYSE:LLL) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $151.40 and last traded at $148.87, with a volume of 339,944 shares changing hands. The stock had previously closed at $149.02.

Several brokerages have issued reports on LLL. Zacks Investment Research raised shares of L-3 Communications Holdings from a “hold” rating to a “buy” rating and set a $147.00 target price on the stock in a research note on Monday, May 2nd. Credit Suisse Group AG assumed coverage on shares of L-3 Communications Holdings in a research note on Tuesday, June 7th. They issued a “buy” rating and a $169.00 price target on the stock. Barclays PLC upped their price target on shares of L-3 Communications Holdings from $126.00 to $133.00 and gave the stock an “equal weight” rating in a research note on Monday, May 2nd. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $137.00 price target (up from $135.00) on shares of L-3 Communications Holdings in a research note on Thursday, April 28th. Finally, Goldman Sachs Group Inc. raised shares of L-3 Communications Holdings from a “neutral” rating to a “buy” rating and upped their price target for the stock from $138.00 to $156.00 in a research note on Monday, May 2nd. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $145.18.

The stock’s market capitalization is $11.49 billion. The stock’s 50 day moving average price is $145.55 and its 200-day moving average price is $127.89.

L-3 Communications Holdings (NYSE:LLL) last announced its quarterly earnings results on Wednesday, April 27th. The company reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.51. During the same period in the prior year, the business earned $1.43 earnings per share. The firm had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.36 billion. The company’s revenue for the quarter was down 5.4% compared to the same quarter last year. On average, equities analysts predict that L-3 Communications Holdings Inc. will post $7.81 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Wednesday, August 17th will be given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.88%.

In related news, CEO Michael T. Strianese sold 45,511 shares of the business’s stock in a transaction on Monday, May 2nd. The shares were sold at an average price of $133.60, for a total value of $6,080,269.60. Following the sale, the chief executive officer now directly owns 180,323 shares of the company’s stock, valued at approximately $24,091,152.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John S. Mega sold 28,960 shares of the business’s stock in a transaction on Friday, May 6th. The shares were sold at an average price of $135.77, for a total transaction of $3,931,899.20. Following the completion of the sale, the insider now directly owns 33,419 shares in the company, valued at $4,537,297.63. The disclosure for this sale can be found here.

A number of large investors recently bought and sold shares of the stock. Schroder Investment Management Group boosted its stake in L-3 Communications Holdings by 1,822.2% in the fourth quarter. Schroder Investment Management Group now owns 159,542 shares of the company’s stock valued at $19,067,000 after buying an additional 151,242 shares in the last quarter. Cornerstone Capital Management Holdings LLC. boosted its stake in L-3 Communications Holdings by 533.3% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 159,474 shares of the company’s stock valued at $19,059,000 after buying an additional 134,294 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in L-3 Communications Holdings by 249.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 29,021 shares of the company’s stock valued at $3,468,000 after buying an additional 20,705 shares in the last quarter. Aberdeen Asset Management PLC UK boosted its stake in L-3 Communications Holdings by 239.3% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 25,132 shares of the company’s stock valued at $2,865,000 after buying an additional 17,724 shares in the last quarter. Finally, Quantitative Investment Management LLC bought a new stake in L-3 Communications Holdings during the fourth quarter valued at approximately $1,673,000.

L-3 Communications Holdings, Inc (L-3 Holdings) operates through its operating subsidiary L-3 Communications (L-3). The Company operates through three segments: Electronic Systems, which provides a range of products and services, including components, products, subsystems, systems and related services to military and commercial customers; Aerospace Systems, which provides products and services for the Intelligence, Surveillance and Reconnaissance (ISR) market, specializing in signals intelligence (SIGINT) and multi-intelligence platforms, and Communication Systems, which provides network and communication systems, secure communications products, radio frequency components, satellite communication terminals, and space, microwave and telemetry products.

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