L-3 Communications Holdings, Inc. (NYSE:LLL)‘s stock had its “buy” rating restated by Cowen and Company in a report released on Monday. They presently have a $190.00 price objective on the aerospace company’s stock. Cowen and Company’s target price points to a potential upside of 0.31% from the company’s current price.

LLL has been the subject of several other reports. Royal Bank of Canada reaffirmed a “hold” rating and set a $182.00 price objective on shares of L-3 Communications Holdings in a report on Friday, September 1st. Jefferies Group LLC reaffirmed a “hold” rating and set a $175.00 price objective on shares of L-3 Communications Holdings in a report on Sunday, July 30th. ValuEngine raised shares of L-3 Communications Holdings from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research downgraded shares of L-3 Communications Holdings from a “buy” rating to a “hold” rating in a report on Thursday, August 3rd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $175.00 price objective (up from $170.00) on shares of L-3 Communications Holdings in a report on Sunday, July 30th. Nine analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $182.91.

L-3 Communications Holdings (NYSE LLL) opened at 189.42 on Monday. The firm has a 50-day moving average of $181.04 and a 200-day moving average of $171.55. The firm has a market cap of $14.82 billion, a price-to-earnings ratio of 21.35 and a beta of 1.15. L-3 Communications Holdings has a one year low of $132.38 and a one year high of $189.86.

L-3 Communications Holdings (NYSE:LLL) last posted its quarterly earnings data on Thursday, July 27th. The aerospace company reported $2.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.03 by $0.18. The business had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.70 billion. L-3 Communications Holdings had a net margin of 6.44% and a return on equity of 14.15%. L-3 Communications Holdings’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.88 EPS. Analysts anticipate that L-3 Communications Holdings will post $8.88 EPS for the current year.

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In other news, insider Ralph Dambrosio sold 5,000 shares of the stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $180.23, for a total value of $901,150.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Michael T. Strianese sold 22,547 shares of the stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $169.02, for a total transaction of $3,810,893.94. The disclosure for this sale can be found here. In the last 90 days, insiders sold 75,622 shares of company stock valued at $13,269,992. Corporate insiders own 2.90% of the company’s stock.

Hedge funds have recently made changes to their positions in the company. Suntrust Banks Inc. increased its position in shares of L-3 Communications Holdings by 3.4% during the 1st quarter. Suntrust Banks Inc. now owns 4,010 shares of the aerospace company’s stock worth $661,000 after purchasing an additional 131 shares in the last quarter. UBS Asset Management Americas Inc. increased its position in shares of L-3 Communications Holdings by 3.2% during the 1st quarter. UBS Asset Management Americas Inc. now owns 186,956 shares of the aerospace company’s stock worth $30,902,000 after purchasing an additional 5,766 shares in the last quarter. Karp Capital Management Corp acquired a new stake in shares of L-3 Communications Holdings during the 1st quarter worth about $3,948,000. Sei Investments Co. increased its position in shares of L-3 Communications Holdings by 368.5% during the 1st quarter. Sei Investments Co. now owns 28,046 shares of the aerospace company’s stock worth $4,636,000 after purchasing an additional 22,060 shares in the last quarter. Finally, Pioneer Investment Management Inc. acquired a new stake in shares of L-3 Communications Holdings during the 1st quarter worth about $15,408,000. Institutional investors own 79.08% of the company’s stock.

L-3 Communications Holdings Company Profile

L3 Technologies, Inc, formerly L-3 Communications Holdings, Inc, is a prime contractor in Intelligence, Surveillance and Reconnaissance (ISR) systems, aircraft sustainment, simulation and training, night vision and image intensification equipment and security and detection systems. The Company provides a broad range of communication and electronic systems and products used on military and commercial platforms.

Analyst Recommendations for L-3 Communications Holdings (NYSE:LLL)

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