Shares of Harris Corp. (NYSE:HRS) reached a new 52-week high on Monday . The company traded as high as $91.40 and last traded at $90.91, with a volume of 325,801 shares. The stock had previously closed at $89.83.

A number of analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Harris Corp. from a “hold” rating to a “sell” rating in a research note on Thursday, April 21st. Drexel Hamilton reiterated a “buy” rating on shares of Harris Corp. in a report on Friday, June 17th. Jefferies Group reiterated a “buy” rating and issued a $100.00 target price (up from $95.00) on shares of Harris Corp. in a report on Wednesday, August 3rd. Citigroup Inc. began coverage on shares of Harris Corp. in a report on Friday, June 10th. They issued a “buy” rating and a $95.00 target price for the company. Finally, Sterne Agee CRT reiterated a “buy” rating on shares of Harris Corp. in a report on Monday, May 16th. One analyst has rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $98.29.

The stock’s 50-day moving average is $86.06 and its 200-day moving average is $80.27. The company has a market cap of $11.17 billion and a PE ratio of 34.86.

Harris Corp. (NYSE:HRS) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported $1.45 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.44 by $0.01. The business earned $1.90 billion during the quarter, compared to analysts’ expectations of $1.94 billion. The firm’s quarterly revenue was up 24.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.32 earnings per share. Analysts forecast that Harris Corp. will post $5.76 EPS for the current year.

In other Harris Corp. news, SVP Sheldon J. Fox sold 17,700 shares of the business’s stock in a transaction on Monday, August 8th. The stock was sold at an average price of $88.02, for a total transaction of $1,557,954.00. Following the sale, the senior vice president now directly owns 62,060 shares in the company, valued at $5,462,521.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Dana A. Mehnert sold 27,000 shares of the business’s stock in a transaction on Thursday, August 4th. The stock was sold at an average price of $88.02, for a total value of $2,376,540.00. Following the sale, the senior vice president now owns 89,492 shares in the company, valued at $7,877,085.84. The disclosure for this sale can be found here.

A number of hedge funds have recently bought and sold shares of HRS. Aberdeen Asset Management PLC UK increased its stake in Harris Corp. by 12.7% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 28,833 shares of the company’s stock worth $2,191,000 after buying an additional 3,247 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in Harris Corp. by 5.8% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 16,498 shares of the company’s stock worth $1,434,000 after buying an additional 910 shares during the last quarter. Advantus Capital Management Inc increased its stake in Harris Corp. by 3.0% in the fourth quarter. Advantus Capital Management Inc now owns 11,959 shares of the company’s stock worth $1,039,000 after buying an additional 350 shares during the last quarter. Eaton Vance Management increased its stake in Harris Corp. by 3.2% in the fourth quarter. Eaton Vance Management now owns 19,377 shares of the company’s stock worth $1,684,000 after buying an additional 597 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its stake in Harris Corp. by 68.6% in the fourth quarter. Advisors Asset Management Inc. now owns 48,008 shares of the company’s stock worth $4,172,000 after buying an additional 19,541 shares during the last quarter.

Harris Corporation (Harris) together with its subsidiaries is engaged in providing technology-based solutions to government and commercial customers. As of July 3, 2015, the Company operated through four business segments: RF Communications, Government Communications Systems, Integrated Network Solutions and Exelis.

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