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PFG Advisors Reduces Stake in Lockheed Martin Corporation $LMT
PFG Advisors reduced its stake in Lockheed Martin Corporation by 34% in Q4, selling 2,056 shares and retaining 3,999 shares valued at approximately $1.93 million. This comes as Lockheed Martin missed EPS expectations but beat revenue estimates, experiencing a 9.1% year-over-year revenue increase. The company pays a $3.45 quarterly dividend and holds a “Hold” rating from analysts with an average target price of $646.16.