BNP Paribas Arbitrage SA decreased its stake in shares of ManTech International Co. (NASDAQ:MANT – Get Rating) by 11.8% during the fourth quarter, HoldingsChannel reports. The firm owned 86,764 shares of the technology company’s stock after selling 11,564 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in ManTech International were worth $6,328,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of MANT. FMR LLC boosted its holdings in shares of ManTech International by 1,578.6% in the 1st quarter. FMR LLC now owns 705 shares of the technology company’s stock valued at $38,000 after acquiring an additional 663 shares during the last quarter. Blueshift Asset Management LLC purchased a new stake in shares of ManTech International in the 3rd quarter valued at $216,000. Profund Advisors LLC boosted its holdings in shares of ManTech International by 11.7% in the 4th quarter. Profund Advisors LLC now owns 3,073 shares of the technology company’s stock valued at $224,000 after acquiring an additional 321 shares during the last quarter. Hennion & Walsh Asset Management Inc. purchased a new stake in shares of ManTech International in the 3rd quarter valued at $248,000. Finally, Personal CFO Solutions LLC boosted its holdings in shares of ManTech International by 6.5% in the 3rd quarter. Personal CFO Solutions LLC now owns 3,361 shares of the technology company’s stock valued at $255,000 after acquiring an additional 204 shares during the last quarter. Institutional investors and hedge funds own 97.93% of the company’s stock.
Several research firms have recently commented on MANT. Stifel Nicolaus began coverage on shares of ManTech International in a report on Thursday, March 17th. They issued a “hold” rating on the stock. Bank of America raised shares of ManTech International from an “underperform” rating to a “buy” rating and set a $90.00 price objective on the stock in a report on Friday, February 4th. Wells Fargo & Company increased their price target on shares of ManTech International from $77.00 to $89.00 and gave the stock an “equal weight” rating in a report on Thursday, March 24th. Zacks Investment Research downgraded shares of ManTech International from a “buy” rating to a “hold” rating in a report on Thursday, April 28th. Finally, StockNews.com initiated coverage on shares of ManTech International in a report on Thursday, March 31st. They set a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, ManTech International presently has an average rating of “Hold” and an average price target of $85.00.
ManTech International (NASDAQ:MANT – Get Rating) last posted its quarterly earnings data on Wednesday, May 4th. The technology company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.06. The business had revenue of $675.50 million for the quarter, compared to the consensus estimate of $639.43 million. ManTech International had a net margin of 5.24% and a return on equity of 9.15%. The company’s revenue was up 6.7% compared to the same quarter last year. During the same period last year, the firm posted $0.88 earnings per share. On average, research analysts forecast that ManTech International Co. will post 3.52 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 24th. Shareholders of record on Friday, June 10th will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.00%. The ex-dividend date is Thursday, June 9th. ManTech International’s payout ratio is 49.55%.
In other ManTech International news, major shareholder George J. Pedersen sold 9,384,843 shares of the stock in a transaction on Tuesday, March 29th. The shares were sold at an average price of $78.22, for a total transaction of $734,082,419.46. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 33.59% of the company’s stock.
ManTech International Company Profile (Get Rating)
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.
- Get a free copy of the StockNews.com research report on ManTech International (MANT)
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