Victory Capital Management Inc. reduced its position in shares of ManTech International Corporation (NASDAQ:MANT) by 0.2% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,056,026 shares of the technology company’s stock after selling 2,602 shares during the period. Victory Capital Management Inc. owned 2.73% of ManTech International Corporation worth $43,698,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in MANT. KCG Holdings Inc. boosted its stake in ManTech International Corporation by 0.5% in the first quarter. KCG Holdings Inc. now owns 12,893 shares of the technology company’s stock worth $446,000 after buying an additional 70 shares during the last quarter. Arizona State Retirement System raised its position in shares of ManTech International Corporation by 0.8% in the second quarter. Arizona State Retirement System now owns 13,371 shares of the technology company’s stock worth $553,000 after buying an additional 100 shares during the period. Municipal Employees Retirement System of Michigan raised its position in shares of ManTech International Corporation by 1.8% in the first quarter. Municipal Employees Retirement System of Michigan now owns 8,950 shares of the technology company’s stock worth $310,000 after buying an additional 160 shares during the period. Texas Permanent School Fund raised its position in shares of ManTech International Corporation by 1.0% in the second quarter. Texas Permanent School Fund now owns 18,695 shares of the technology company’s stock worth $774,000 after buying an additional 192 shares during the period. Finally, Louisiana State Employees Retirement System raised its position in shares of ManTech International Corporation by 2.0% in the first quarter. Louisiana State Employees Retirement System now owns 10,400 shares of the technology company’s stock worth $360,000 after buying an additional 200 shares during the period. 62.41% of the stock is owned by institutional investors.

ManTech International Corporation (NASDAQ:MANT) opened at 39.17 on Wednesday. ManTech International Corporation has a 1-year low of $33.50 and a 1-year high of $45.52. The company has a market cap of $1.52 billion, a price-to-earnings ratio of 25.82 and a beta of 0.94. The firm’s 50-day moving average price is $39.60 and its 200-day moving average price is $38.02.

ManTech International Corporation (NASDAQ:MANT) last issued its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.37 by $0.03. The company 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%. The firm’s revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.39 EPS. Equities research analysts forecast that ManTech International Corporation will post $1.52 EPS for the current fiscal year.

The company also recently declared a Semi-Annual dividend, which will be paid on Friday, September 22nd. Investors of record on Friday, September 8th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a yield of 2.01%. ManTech International Corporation’s payout ratio is 27.63%.

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A number of equities analysts have recently weighed in on MANT shares. Jefferies Group LLC reiterated a “sell” rating on shares of ManTech International Corporation in a research note on Friday, August 18th. Zacks Investment Research upgraded ManTech International Corporation from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a research note on Saturday, August 5th. Credit Suisse Group reiterated a “sell” rating and set a $36.00 target price on shares of ManTech International Corporation in a research note on Monday, May 15th. BidaskClub upgraded ManTech International Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Finally, Cowen and Company reiterated a “hold” rating and set a $38.00 target price on shares of ManTech International Corporation in a research note on Tuesday, May 2nd. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $40.33.

In related news, Director Richard L. Armitage sold 3,000 shares of the company’s stock in a transaction dated Friday, June 9th. The shares were sold at an average price of $40.01, for a total transaction of $120,030.00. Following the transaction, the director now directly owns 4,000 shares in the company, valued at approximately $160,040. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 35.06% of the company’s stock.

ManTech International Corporation 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 Corporation (NASDAQ:MANT)

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