William Blair Investment Management LLC increased its position in shares of CSRA Inc. (NYSE:CSRA) by 9.8% during the fourth quarter, Holdings Channel reports. The fund owned 9,070,389 shares of the company’s stock after buying an additional 810,442 shares during the period. CSRA makes up about 1.2% of William Blair Investment Management LLC’s investment portfolio, making the stock its 14th largest position. William Blair Investment Management LLC owned 5.55% of CSRA worth $288,801,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Institutional Trust Company N.A. increased its position in shares of CSRA by 5.1% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 4,032,131 shares of the company’s stock valued at $108,464,000 after buying an additional 195,128 shares during the last quarter. Sei Investments Co. increased its position in shares of CSRA by 76.1% in the third quarter. Sei Investments Co. now owns 104,135 shares of the company’s stock valued at $2,801,000 after buying an additional 44,999 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of CSRA by 241.6% in the third quarter. Wells Fargo & Company MN now owns 516,239 shares of the company’s stock valued at $13,886,000 after buying an additional 365,112 shares during the last quarter. Epoch Investment Partners Inc. increased its position in shares of CSRA by 40.1% in the third quarter. Epoch Investment Partners Inc. now owns 1,494,170 shares of the company’s stock valued at $40,193,000 after buying an additional 427,760 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board acquired a new position in shares of CSRA during the third quarter valued at $337,000. 90.66% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for CSRA (NYSE:CSRA)

CSRA Inc. (NYSE:CSRA) traded up 0.10% on Thursday, reaching $30.38. The company had a trading volume of 1,217,155 shares. CSRA Inc. has a 52-week low of $21.95 and a 52-week high of $33.54. The company’s 50-day moving average is $31.85 and its 200-day moving average is $28.84. The company has a market capitalization of $4.96 billion, a PE ratio of 25.64 and a beta of 2.23.

CSRA (NYSE:CSRA) last announced its earnings results on Tuesday, February 7th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.02. CSRA had a return on equity of 173.82% and a net margin of 3.88%. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same period last year, the business posted $0.48 EPS. The company’s revenue was down 3.9% on a year-over-year basis. Equities analysts anticipate that CSRA Inc. will post $2.01 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 24th. Shareholders of record on Tuesday, January 3rd were paid a $0.10 dividend. The ex-dividend date was Thursday, December 29th. This represents a $0.40 annualized dividend and a dividend yield of 1.32%. CSRA’s dividend payout ratio (DPR) is currently 34.19%.

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Several research analysts have recently weighed in on CSRA shares. Zacks Investment Research raised CSRA from a “hold” rating to a “buy” rating and set a $29.00 target price for the company in a research note on Wednesday, October 19th. Jefferies Group LLC reaffirmed a “buy” rating and set a $35.00 target price on shares of CSRA in a research note on Wednesday, February 8th. Drexel Hamilton started coverage on CSRA in a research note on Tuesday, November 22nd. They set a “buy” rating and a $38.00 target price for the company. Loop Capital started coverage on CSRA in a research note on Tuesday. They set a “buy” rating and a $36.00 target price for the company. Finally, TheStreet raised CSRA from a “d+” rating to a “c” rating in a research note on Tuesday, February 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $35.10.

About CSRA

CSRA Inc is a provider of information technology services to the United States federal government. The Company operates through two segments: Defense and Intelligence, and Civil. The Defense and Intelligence segment provides services to the Department of Defense (DoD), National Security Agency, branches of the Armed Forces, and other DoD and Intelligence agencies.

5 Day Chart for NYSE:CSRA

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