Cowen and Company reaffirmed their buy rating on shares of ManTech International Corporation (NASDAQ:MANT) in a research note published on Thursday. The firm currently has a $49.00 price objective on the technology company’s stock.

Several other research firms also recently commented on MANT. Zacks Investment Research downgraded shares of ManTech International Corporation from a buy rating to a hold rating and set a $49.00 price target on the stock. in a research note on Friday, September 29th. Maxim Group reissued a buy rating and set a $47.00 price target (up from $44.00) on shares of ManTech International Corporation in a research note on Wednesday, September 20th. Three analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. ManTech International Corporation currently has an average rating of Hold and a consensus target price of $42.50.

ManTech International Corporation (MANT) traded up 0.91% during trading on Thursday, reaching $46.43. 120,219 shares of the company were exchanged. ManTech International Corporation has a one year low of $33.50 and a one year high of $46.77. The company has a market capitalization of $1.81 billion, a P/E ratio of 30.61 and a beta of 0.94. The firm’s 50-day moving average is $42.47 and its 200 day moving average is $39.36.

ManTech International Corporation (NASDAQ:MANT) last announced its earnings results on Wednesday, August 2nd. The technology company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.03. The business had revenue of $413.70 million for the quarter, compared to the consensus estimate of $418.60 million. ManTech International Corporation had a net margin of 3.59% and a return on equity of 4.73%. ManTech International Corporation’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period last year, the firm posted $0.39 earnings per share. On average, analysts anticipate that ManTech International Corporation will post $1.52 EPS for the current fiscal year.

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The firm also recently declared a Semi-Annual dividend, which was paid on Friday, September 22nd. Shareholders of record on Friday, September 8th were paid a dividend of $0.21 per share. This represents a dividend yield of 2.01%. The ex-dividend date of this dividend was Thursday, September 7th. ManTech International Corporation’s dividend payout ratio (DPR) is presently 27.63%.

In other ManTech International Corporation news, Director Walter R. Fatzinger, Jr. sold 2,000 shares of ManTech International Corporation stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $40.52, for a total transaction of $81,040.00. Following the transaction, the director now directly owns 21,000 shares of the company’s stock, valued at $850,920. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Kevin M. Phillips sold 24,020 shares of ManTech International Corporation stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $41.03, for a total transaction of $985,540.60. Following the transaction, the chief operating officer now directly owns 47,656 shares in the company, valued at $1,955,325.68. The disclosure for this sale can be found here. Insiders have sold 28,520 shares of company stock worth $1,167,556 over the last three months. Insiders own 22.28% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio increased its stake in shares of ManTech International Corporation by 5.5% in the second quarter. Public Employees Retirement System of Ohio now owns 4,576 shares of the technology company’s stock worth $189,000 after buying an additional 239 shares during the period. Piedmont Investment Advisors LLC purchased a new position in shares of ManTech International Corporation in the second quarter worth $229,000. The Manufacturers Life Insurance Company increased its stake in shares of ManTech International Corporation by 3.9% in the second quarter. The Manufacturers Life Insurance Company now owns 19,891 shares of the technology company’s stock worth $823,000 after buying an additional 738 shares during the period. Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of ManTech International Corporation by 43.6% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,888 shares of the technology company’s stock worth $153,000 after buying an additional 1,181 shares during the period. Finally, Cubist Systematic Strategies LLC increased its stake in shares of ManTech International Corporation by 35.4% in the second quarter. Cubist Systematic Strategies LLC now owns 7,994 shares of the technology company’s stock worth $331,000 after buying an additional 2,089 shares during the period. 61.87% of the stock is currently owned by institutional investors.

About ManTech International Corporation

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.

Analyst Recommendations for ManTech International Corporation (NASDAQ:MANT)

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