Koshinski Asset Management Inc. Decreases Stake in ManTech International Co. (NASDAQ:MANT)


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Koshinski Asset Management Inc. reduced its position in ManTech International Co. (NASDAQ:MANT) by 9.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,534 shares of the technology company’s stock after selling 250 shares during the period. Koshinski Asset Management Inc.’s holdings in ManTech International were worth $225,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. BlackRock Inc. lifted its position in shares of ManTech International by 3.2% in the fourth quarter. BlackRock Inc. now owns 4,599,607 shares of the technology company’s stock worth $409,089,000 after buying an additional 142,900 shares in the last quarter. Aperio Group LLC lifted its position in shares of ManTech International by 3.9% in the fourth quarter. Aperio Group LLC now owns 10,859 shares of the technology company’s stock worth $966,000 after buying an additional 411 shares in the last quarter. NEXT Financial Group Inc raised its position in ManTech International by 153.1% during the fourth quarter. NEXT Financial Group Inc now owns 620 shares of the technology company’s stock valued at $56,000 after purchasing an additional 375 shares during the period. SG Americas Securities LLC purchased a new stake in ManTech International during the fourth quarter valued at approximately $296,000. Finally, Monarch Partners Asset Management LLC raised its position in ManTech International by 2.0% during the fourth quarter. Monarch Partners Asset Management LLC now owns 80,622 shares of the technology company’s stock valued at $7,171,000 after purchasing an additional 1,617 shares during the period. Institutional investors own 65.07% of the company’s stock.

A number of equities research analysts have issued reports on MANT shares. Morgan Stanley upped their price objective on ManTech International from $77.00 to $80.00 and gave the company an “equal weight” rating in a research report on Friday, December 11th. Alliance Global Partners downgraded ManTech International from a “buy” rating to a “neutral” rating and upped their price objective for the company from $90.00 to $98.00 in a research report on Tuesday, February 9th. Finally, Zacks Investment Research downgraded ManTech International from a “buy” rating to a “hold” rating in a research report on Wednesday, February 10th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $89.50.

Shares of NASDAQ MANT opened at $80.56 on Tuesday. The business’s 50 day moving average price is $91.32 and its 200-day moving average price is $79.10. ManTech International Co. has a fifty-two week low of $55.25 and a fifty-two week high of $101.35. The company has a market cap of $3.25 billion, a price-to-earnings ratio of 25.33, a PEG ratio of 3.69 and a beta of 0.78.

ManTech International (NASDAQ:MANT) last issued its quarterly earnings results on Tuesday, February 16th. The technology company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.10. ManTech International had a return on equity of 8.75% and a net margin of 5.19%. Research analysts expect that ManTech International Co. will post 3.27 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 26th. Stockholders of record on Friday, March 12th will be issued a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.89%. This is an increase from ManTech International’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Thursday, March 11th. ManTech International’s dividend payout ratio is presently 43.99%.

ManTech International Company Profile

ManTech International Corporation provides technology solutions and services for U.S. defense, intelligence community, and federal civilian agencies worldwide. The company offers cyber solutions and services, including security operations, threat intelligence, incident response and forensics, boundary defense, security systems engineering, infrastructure security, and computer forensics and exploitation.

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Institutional Ownership by Quarter for ManTech International (NASDAQ:MANT)

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