L-3 Communications Holdings Inc. (NYSE:LLL) saw unusually-high trading volume on Monday . Approximately 527,889 shares traded hands during trading, an increase of 6% from the previous session’s volume of 497,257 shares.The stock last traded at $150.69 and had previously closed at $148.21.

LLL has been the subject of a number of recent analyst reports. Royal Bank Of Canada raised L-3 Communications Holdings from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from $137.00 to $150.00 in a report on Thursday, May 19th. Drexel Hamilton raised L-3 Communications Holdings from a “hold” rating to a “buy” rating and set a $152.00 price target for the company in a report on Thursday, May 26th. Zacks Investment Research downgraded L-3 Communications Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, June 28th. Jefferies Group lifted their price target on L-3 Communications Holdings from $135.00 to $150.00 and gave the stock a “hold” rating in a report on Friday, July 29th. Finally, Deutsche Bank AG reiterated a “buy” rating and set a $160.00 target price on shares of L-3 Communications Holdings in a research report on Monday. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $148.18.

The stock has a 50-day moving average of $148.75 and a 200-day moving average of $132.84. The firm’s market cap is $11.44 billion.

L-3 Communications Holdings (NYSE:LLL) last posted its quarterly earnings data on Thursday, July 28th. The company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.19. The firm earned $2.66 billion during the quarter, compared to analysts’ expectations of $2.49 billion. During the same period in the previous year, the company earned $1.36 earnings per share. The business’s quarterly revenue was up 4.8% on a year-over-year basis. On average, equities analysts forecast that L-3 Communications Holdings Inc. will post $7.87 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Wednesday, August 17th will be given a $0.70 dividend. The ex-dividend date of this dividend is Monday, August 15th. This represents a $2.80 dividend on an annualized basis and a yield of 1.89%.

In other L-3 Communications Holdings news, insider John S. Mega sold 7,567 shares of the company’s stock in a transaction dated Monday, May 23rd. The shares were sold at an average price of $138.00, for a total value of $1,044,246.00. Following the completion of the transaction, the insider now directly owns 17,476 shares of the company’s stock, valued at approximately $2,411,688. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Ralph Dambrosio sold 12,760 shares of the company’s stock in a transaction dated Wednesday, August 3rd. The shares were sold at an average price of $150.00, for a total transaction of $1,914,000.00. The disclosure for this sale can be found here.

Several institutional investors recently modified their holdings of LLL. BNP Paribas Arbitrage SA boosted its position in shares of 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 during the last quarter. I.G. Investment Management LTD. boosted its position in shares of L-3 Communications Holdings by 29.3% in the fourth quarter. I.G. Investment Management LTD. now owns 16,485 shares of the company’s stock valued at $1,970,000 after buying an additional 3,734 shares during the last quarter. Marshall Wace LLP boosted its position in shares of L-3 Communications Holdings by 24.5% in the fourth quarter. Marshall Wace LLP now owns 59,126 shares of the company’s stock valued at $7,066,000 after buying an additional 11,619 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of L-3 Communications Holdings by 5.7% in the fourth quarter. Victory Capital Management Inc. now owns 27,560 shares of the company’s stock valued at $3,294,000 after buying an additional 1,474 shares during the last quarter. Finally, Schroder Investment Management Group boosted its position in shares of 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 during the last quarter.

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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