AidennLair Capital Management LP purchased a new position in shares of Orbital ATK, Inc. (NYSE:OA) during the fourth quarter, Holdings Channel reports. The firm purchased 64,395 shares of the company’s stock, valued at approximately $5,649,000. Orbital ATK makes up approximately 4.3% of AidennLair Capital Management LP’s holdings, making the stock its 10th largest position. AidennLair Capital Management LP owned about 0.11% of Orbital ATK as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of OA. First Eagle Investment Management LLC raised its position in shares of Orbital ATK by 8.7% in the third quarter. First Eagle Investment Management LLC now owns 4,726,422 shares of the company’s stock valued at $360,295,000 after buying an additional 379,124 shares during the period. Deprince Race & Zollo Inc. bought a new position in shares of Orbital ATK during the third quarter valued at approximately $1,436,000. Corsair Capital Management L.P. raised its position in shares of Orbital ATK by 6.3% in the third quarter. Corsair Capital Management L.P. now owns 366,597 shares of the company’s stock valued at $27,925,000 after buying an additional 21,723 shares during the period. Randolph Co Inc bought a new position in shares of Orbital ATK during the third quarter valued at approximately $5,357,000. Finally, Ameriprise Financial Inc. raised its position in shares of Orbital ATK by 1.6% in the third quarter. Ameriprise Financial Inc. now owns 335,160 shares of the company’s stock valued at $25,550,000 after buying an additional 5,218 shares during the period. Institutional investors own 89.97% of the company’s stock.

Institutional Ownership by Quarter for Orbital ATK (NYSE:OA)

Shares of Orbital ATK, Inc. (NYSE:OA) traded up 0.29% during mid-day trading on Thursday, hitting $89.37. 192,252 shares of the stock were exchanged. Orbital ATK, Inc. has a 12 month low of $67.04 and a 12 month high of $91.36. The stock’s 50 day moving average is $88.47 and its 200-day moving average is $81.58. The stock has a market cap of $5.24 billion, a PE ratio of 16.66 and a beta of -0.25.

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OA has been the topic of a number of recent research reports. Jefferies Group LLC reaffirmed a “buy” rating and issued a $100.00 target price on shares of Orbital ATK in a research report on Friday, October 21st. Zacks Investment Research raised shares of Orbital ATK from a “sell” rating to a “hold” rating in a research report on Tuesday, October 25th. Deutsche Bank AG upped their target price on shares of Orbital ATK from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Monday, December 5th. Wells Fargo & Company reaffirmed a “buy” rating on shares of Orbital ATK in a research report on Monday, November 14th. Finally, SunTrust Banks, Inc. initiated coverage on shares of Orbital ATK in a research report on Thursday, January 19th. They issued a “buy” rating and a $106.00 target price on the stock. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Orbital ATK currently has an average rating of “Buy” and an average target price of $99.43.

About Orbital ATK

Orbital ATK, Inc is an aerospace and defense systems company and supplier of related products to the United States Government, allied nations, prime contractors and other customers. The Company’s segments include Flight Systems Group, Defense Systems Group, Space Systems Group and Corporate. Its products include launch vehicles and related propulsion systems; satellites and associated components and services; tactical missiles, subsystems and defense electronics, and precision weapons, armament systems and ammunition.

5 Day Chart for NYSE:OA

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