Traders sold shares of L3 Technologies Inc (NYSE:LLL) on strength during trading hours on Monday. $208.42 million flowed into the stock on the tick-up and $235.08 million flowed out of the stock on the tick-down, for a money net flow of $26.66 million out of the stock. Of all equities tracked, L3 Technologies had the 26th highest net out-flow for the day. L3 Technologies traded up $25.13 for the day and closed at $220.91

A number of analysts recently commented on LLL shares. ValuEngine upgraded L3 Technologies from a “hold” rating to a “buy” rating in a report on Tuesday, July 31st. Credit Suisse Group lifted their price target on L3 Technologies from $218.00 to $238.00 and gave the stock an “outperform” rating in a report on Friday, July 27th. Citigroup boosted their target price on L3 Technologies from $240.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, July 30th. Jefferies Financial Group restated a “hold” rating and issued a $222.00 target price on shares of L3 Technologies in a research note on Friday, July 27th. Finally, Zacks Investment Research lowered L3 Technologies from a “strong-buy” rating to a “hold” rating in a research note on Sunday, July 15th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $239.91.

The company has a market cap of $16.65 billion, a PE ratio of 26.10, a price-to-earnings-growth ratio of 2.28 and a beta of 1.23. The company has a quick ratio of 1.49, a current ratio of 1.82 and a debt-to-equity ratio of 0.60.

L3 Technologies (NYSE:LLL) last issued its earnings results on Thursday, July 26th. The aerospace company reported $2.47 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.30 by $0.17. The firm had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.49 billion. L3 Technologies had a return on equity of 13.82% and a net margin of 8.74%. The business’s revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the company posted $2.54 earnings per share. As a group, equities analysts forecast that L3 Technologies Inc will post 10.03 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently modified their holdings of the business. Marco Investment Management LLC grew its position in shares of L3 Technologies by 3.7% in the second quarter. Marco Investment Management LLC now owns 28,400 shares of the aerospace company’s stock valued at $5,462,000 after purchasing an additional 1,005 shares in the last quarter. Oakbrook Investments LLC grew its position in shares of L3 Technologies by 99.8% in the second quarter. Oakbrook Investments LLC now owns 6,525 shares of the aerospace company’s stock valued at $1,255,000 after purchasing an additional 3,260 shares in the last quarter. Qube Research & Technologies Ltd purchased a new position in shares of L3 Technologies in the second quarter valued at $351,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in shares of L3 Technologies by 12.1% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 32,937 shares of the aerospace company’s stock valued at $6,334,000 after purchasing an additional 3,567 shares in the last quarter. Finally, Burney Co. grew its position in shares of L3 Technologies by 37.1% in the second quarter. Burney Co. now owns 7,334 shares of the aerospace company’s stock valued at $1,411,000 after purchasing an additional 1,984 shares in the last quarter. Hedge funds and other institutional investors own 81.72% of the company’s stock.

L3 Technologies Company Profile (NYSE:LLL)

L3 Technologies, Inc provides aerospace systems, communication, electronic, and sensor systems used on military, homeland security, and commercial platforms in the United States and internationally. It offers simulation and training, night vision and image intensification equipment, and security and detection systems; and components, products, subsystems, and systems, as well as related services to military and commercial customers in various business areas, such as total training solutions, power and propulsion systems, aviation products, precision engagement systems, and security and detection systems.

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