Earnest Partners LLC boosted its position in Mantech International Corp (NASDAQ:MANT) by 0.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,404,719 shares of the technology company’s stock after buying an additional 1,471 shares during the quarter. Earnest Partners LLC owned approximately 3.60% of Mantech International worth $62,018,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Heartland Advisors Inc. bought a new stake in Mantech International in the second quarter valued at about $7,889,000. Renaissance Technologies LLC increased its holdings in Mantech International by 5.1% in the first quarter. Renaissance Technologies LLC now owns 21,433 shares of the technology company’s stock valued at $742,000 after buying an additional 1,033 shares during the last quarter. TIAA CREF Investment Management LLC increased its holdings in Mantech International by 27.4% in the second quarter. TIAA CREF Investment Management LLC now owns 85,102 shares of the technology company’s stock valued at $3,522,000 after buying an additional 18,326 shares during the last quarter. BlackRock Inc. increased its holdings in Mantech International by 6.8% in the second quarter. BlackRock Inc. now owns 3,964,424 shares of the technology company’s stock valued at $164,049,000 after buying an additional 252,770 shares during the last quarter. Finally, Oppenheimer & Co. Inc. bought a new stake in Mantech International in the second quarter valued at about $1,159,000. 63.26% of the stock is owned by hedge funds and other institutional investors.

Several analysts recently weighed in on the company. Cowen reissued a “buy” rating and issued a $54.00 price objective on shares of Mantech International in a report on Thursday, November 30th. Maxim Group boosted their price objective on Mantech International from $47.00 to $53.00 and gave the company a “buy” rating in a report on Thursday, November 2nd. Loop Capital upped their target price on Mantech International from $45.00 to $53.00 and gave the company a “buy” rating in a report on Thursday, November 2nd. Wells Fargo & Company upped their target price on Mantech International from $42.00 to $44.00 and gave the company an “underperform” rating in a report on Wednesday, October 25th. Finally, Zacks Investment Research lowered Mantech International from a “buy” rating to a “hold” rating and set a $49.00 target price for the company. in a report on Friday, September 29th. Four investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. Mantech International currently has an average rating of “Hold” and an average target price of $45.57.

Mantech International Corp (NASDAQ MANT) opened at $50.49 on Friday. The stock has a market capitalization of $1,968.76, a P/E ratio of 33.00, a PEG ratio of 4.05 and a beta of 0.97. Mantech International Corp has a 52-week low of $33.50 and a 52-week high of $52.35.

Mantech International (NASDAQ:MANT) last issued its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.39 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.01. The business had revenue of $422.70 million during the quarter, compared to the consensus estimate of $427.44 million. Mantech International had a return on equity of 4.73% and a net margin of 3.61%. The business’s revenue was up 1.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.38 earnings per share. research analysts expect that Mantech International Corp will post 1.56 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 8th will be given a dividend of $0.21 per share. The ex-dividend date is Thursday, December 7th. This represents a $0.84 annualized dividend and a dividend yield of 1.66%. Mantech International’s dividend payout ratio is presently 27.45%.

In other Mantech International news, COO Kevin M. Phillips sold 24,020 shares of the company’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $41.03, for a total value of $985,540.60. Following the completion of the sale, the chief operating officer now directly owns 47,656 shares in the company, valued at $1,955,325.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Daniel J. Keefe sold 6,500 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $49.85, for a total value of $324,025.00. Following the completion of the sale, the insider now owns 6,500 shares of the company’s stock, valued at $324,025. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 93,020 shares of company stock valued at $4,323,186. Insiders own 22.28% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Mantech International Corp (MANT) Position Lifted by Earnest Partners LLC” was posted by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another domain, it was illegally stolen and reposted in violation of international copyright legislation. The correct version of this piece of content can be viewed at https://www.watchlistnews.com/mantech-international-corp-mant-position-lifted-by-earnest-partners-llc/1755269.html.

Mantech International Company Profile

ManTech International Corporation provides technologies and solutions for national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veteran Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community, and other the United States Government customers.

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

Receive News & Ratings for Mantech International Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mantech International Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.