Aviva PLC lessened its holdings in shares of Lockheed Martin Co. (NYSE:LMT) by 6.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,516,941 shares of the aerospace company’s stock after selling 492,069 shares during the period. Lockheed Martin makes up about 6.3% of Aviva PLC’s holdings, making the stock its 10th biggest position. Aviva PLC owned about 0.20% of Lockheed Martin worth $1,778,500 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in LMT. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Lockheed Martin by 16.4% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 6,010 shares of the aerospace company’s stock valued at $1,231,000 after buying an additional 869 shares during the period. First Trust Advisors LP boosted its holdings in shares of Lockheed Martin by 7.3% in the third quarter. First Trust Advisors LP now owns 1,420,732 shares of the aerospace company’s stock valued at $285,803,000 after buying an additional 94,256 shares during the period. General Growth Properties Inc boosted its holdings in shares of Lockheed Martin by 0.5% in the third quarter. General Growth Properties Inc now owns 8,860,966 shares of the aerospace company’s stock valued at $1,419,942,000 after buying an additional 44,453 shares during the period. LPL Financial LLC boosted its holdings in shares of Lockheed Martin by 25.7% in the fourth quarter. LPL Financial LLC now owns 193,278 shares of the aerospace company’s stock valued at $31,508,000 after buying an additional 37,500 shares during the period. Finally, Millennium Management LLC boosted its holdings in shares of Lockheed Martin by 1.1% in the fourth quarter. Millennium Management LLC now owns 134,970 shares of the aerospace company’s stock valued at $28,176,000 after buying an additional 1,670 shares during the period. 60.58% of the stock is currently owned by institutional investors.

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In other news, VP Katherine D. Owen sold 2,147 shares of the stock in a transaction on Friday, January 26th. The stock was sold at an average price of $313.76, for a total value of $664,876.68. Following the completion of the sale, the vice president now directly owns 9,152 shares of the company’s stock, valued at approximately $2,827,959.68. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Theodore T. Rall sold 25,000 shares of the stock in a transaction on Monday, January 28th. The shares were sold at an average price of $321.49, for a total value of $7,984,500.00. Following the completion of the sale, the director now directly owns 7,368 shares of the company’s stock, valued at $2,186,818.56. The disclosure for this sale can be found here. In the last ninety days, insiders sold 35,046 shares of company stock valued at $10,422,446. Insiders own 0.23% of the company’s stock.

LMT stock opened at $313.31 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.45 and a debt-to-equity ratio of 18.78. Lockheed Martin Co. has a 1 year low of $247.88 and a 1 year high of $363.00. The firm has a market capitalization of $79.64 billion, a P/E ratio of 16.29, a PEG ratio of 1.14 and a beta of 0.70.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, January 24th. The aerospace company reported $4.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $4.37 by $0.17. Lockheed Martin had a return on equity of 937.87% and a net margin of 5.88%. The firm had revenue of $14.80 billion during the quarter, compared to analysts’ expectations of $14.11 billion. During the same quarter in the prior year, the firm posted $3.