Intelsat SA (I) Reaches $3.03 After 6.00% Down Move, 1St Global Advisors Has Boosted Its Northrop Grumman (NOC) Position

July 17, 2017 - By Peter Erickson

The stock of Intelsat SA (NYSE:I) is a huge mover today! About 57,795 shares traded. Intelsat SA (NYSE:I) has risen 0.32% since July 17, 2016 and is uptrending. It has underperformed by 16.38% the S&P500.The move comes after 9 months negative chart setup for the $361.09 million company. It was reported on Jul, 17 by Barchart.com. We have $2.85 PT which if reached, will make NYSE:I worth $21.67 million less.

1St Global Advisors Inc increased Northrop Grumman Corp (NOC) stake by 97.44% reported in 2016Q4 SEC filing. 1St Global Advisors Inc acquired 3,847 shares as Northrop Grumman Corp (NOC)’s stock rose 2.59%. The 1St Global Advisors Inc holds 7,795 shares with $1.81 million value, up from 3,948 last quarter. Northrop Grumman Corp now has $46.53 billion valuation. The stock rose 0.28% or $0.75 reaching $265.57 per share. About 365,416 shares traded. Northrop Grumman Corporation (NYSE:NOC) has risen 18.39% since July 17, 2016 and is uptrending. It has outperformed by 1.69% the S&P500.

Intelsat S.A. operates in satellite services business. The company has market cap of $361.09 million. The Firm provides satellite services to its communications clients around the world. It has a 0.37 P/E ratio. It provides communications services to media companies, fixed and wireless telecommunications operators, data networking service providers for enterprise and mobile applications in the air and on the seas, multinational firms and Internet service providers .

Analysts await Intelsat SA (NYSE:I) to report earnings on July, 27 before the open. They expect $-0.33 earnings per share, down 156.90% or $0.91 from last year’s $0.58 per share. After $-0.29 actual earnings per share reported by Intelsat SA for the previous quarter, Wall Street now forecasts 13.79% negative EPS growth.

Among 6 analysts covering Intelsat S.A. (NYSE:I), 1 have Buy rating, 2 Sell and 3 Hold. Therefore 17% are positive. Intelsat S.A. has $13 highest and $2.5000 lowest target. $4.55’s average target is 50.17% above currents $3.03 stock price. Intelsat S.A. had 10 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets upgraded it to “Outperform” rating and $6.25 target in Wednesday, January 25 report. On Wednesday, June 7 the stock rating was maintained by Jefferies with “Hold”. As per Friday, February 26, the company rating was downgraded by Wells Fargo. The stock has “Sell” rating by Goldman Sachs on Wednesday, January 13. The firm has “Underperform” rating given on Monday, July 18 by Raymond James. On Thursday, October 29 the stock rating was maintained by RBC Capital Markets with “Outperform”.

Investors sentiment increased to 1.07 in Q4 2016. Its up 0.08, from 0.99 in 2016Q3. It increased, as 38 investors sold NOC shares while 274 reduced holdings. 104 funds opened positions while 231 raised stakes. 139.83 million shares or 0.78% less from 140.94 million shares in 2016Q3 were reported. Airain invested in 6,460 shares or 0.12% of the stock. Jfs Wealth Ltd Liability Corp invested in 121 shares or 0.01% of the stock. Oakworth Cap invested 0.05% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Moody Savings Bank Division holds 9,077 shares or 0.1% of its portfolio. Denver Invest Advisors Limited Co holds 0.02% or 1,933 shares in its portfolio. 139,814 were reported by Amp Invsts Ltd. Arizona State Retirement Systems holds 0.18% or 52,031 shares. Colony Gp Ltd invested 1.24% in Northrop Grumman Corporation (NYSE:NOC). Thompson Davis & accumulated 0.2% or 507 shares. Bb&T reported 3,065 shares or 0.01% of all its holdings. Contravisory Investment Management has invested 0% in Northrop Grumman Corporation (NYSE:NOC). Factory Mutual Commerce holds 0.47% of its portfolio in Northrop Grumman Corporation (NYSE:NOC) for 169,300 shares. 5,639 are held by Jane Street Group Incorporated. Milestone Grp Inc Inc has 0.05% invested in Northrop Grumman Corporation (NYSE:NOC) for 1,476 shares. Swiss Bank invested in 0.18% or 485,984 shares.

1St Global Advisors Inc decreased Ishares Tr (EFA) stake by 39,600 shares to 70,755 valued at $4.09M in 2016Q4. It also reduced Ishares Tr (EIRL) stake by 19,609 shares and now owns 11,588 shares. Ishares Tr (IWB) was reduced too.

Since February 1, 2017, it had 0 insider buys, and 21 selling transactions for $35.89 million activity. Caylor Mark A sold $239,447 worth of Northrop Grumman Corporation (NYSE:NOC) on Thursday, February 23. 207 Northrop Grumman Corporation (NYSE:NOC) shares with value of $50,117 were sold by Antkowiak Patrick M.. ASHWORTH SID also sold $1.00 million worth of Northrop Grumman Corporation (NYSE:NOC) shares. Another trade for 329 shares valued at $79,654 was made by Hardesty Michael A on Thursday, February 23. 33,976 shares valued at $8.32 million were sold by BUSH WESLEY G on Wednesday, May 3. Jones Christopher T sold $59,688 worth of stock. Bedingfield Kenneth L sold 128 shares worth $29,276.

Among 12 analysts covering Northrop Grumman (NYSE:NOC), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Northrop Grumman had 30 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, June 2 by RBC Capital Markets. Barclays Capital maintained the stock with “Equal-Weight” rating in Monday, May 2 report. The firm has “Peer Perform” rating by Wolfe Research given on Thursday, October 29. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Buy” rating by Argus Research on Thursday, November 12. The rating was maintained by RBC Capital Markets on Thursday, October 29 with “Outperform”. Deutsche Bank maintained the stock with “Buy” rating in Monday, December 5 report. As per Thursday, January 12, the company rating was downgraded by Jefferies. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Outperform” rating by RBC Capital Markets on Friday, January 29. RBC Capital Markets maintained it with “Buy” rating and $28100 target in Friday, July 7 report. The firm has “Equal-Weight” rating given on Tuesday, February 16 by Barclays Capital.

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