Lockheed Martin Investment Management Co. increased its stake in Fortis Inc. ( NYSE:FTS – Get Rating ) by 4.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 28,500 shares of the utilities provider's stock after purchasing an additional 1,300 shares during the quarter. Lockheed Martin Investment Management Co.'s holdings in Fortis were worth $1,256,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FTS.

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