Royce & Associates LP bought a new position in shares of Science Applications International Corp (NYSE:SAIC) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 563 shares of the information technology services provider’s stock, valued at approximately $36,000.

Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. grew its holdings in shares of Science Applications International by 1.7% during the third quarter. BlackRock Inc. now owns 4,723,203 shares of the information technology services provider’s stock worth $380,690,000 after buying an additional 81,138 shares in the last quarter. Pacer Advisors Inc. grew its holdings in shares of Science Applications International by 12.4% in the third quarter. Pacer Advisors Inc. now owns 14,882 shares of the information technology services provider’s stock valued at $1,199,000 after purchasing an additional 1,636 shares during the period. Strs Ohio grew its holdings in shares of Science Applications International by 10.8% in the fourth quarter. Strs Ohio now owns 4,100 shares of the information technology services provider’s stock valued at $261,000 after purchasing an additional 400 shares during the period. Russell Investments Group Ltd. grew its holdings in shares of Science Applications International by 192.6% in the third quarter. Russell Investments Group Ltd. now owns 21,993 shares of the information technology services provider’s stock valued at $1,772,000 after purchasing an additional 14,476 shares during the period. Finally, Jane Street Group LLC purchased a new stake in shares of Science Applications International in the third quarter valued at about $322,000. 68.08% of the stock is owned by institutional investors and hedge funds.

Shares of SAIC opened at $72.91 on Friday. The company has a quick ratio of 1.40, a current ratio of 1.57 and a debt-to-equity ratio of 2.50. Science Applications International Corp has a 12-month low of $58.19 and a 12-month high of $93.31. The stock has a market capitalization of $3.10 billion, a P/E ratio of 20.65, a PEG ratio of 2.69 and a beta of 1.56.

SAIC has been the subject of a number of analyst reports. Zacks Investment Research raised shares of Science Applications International from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a report on Wednesday, January 2nd. Drexel Hamilton set a $90.00 price objective on shares of Science Applications International and gave the company a “buy” rating in a report on Friday, December 7th. Citigroup initiated coverage on shares of Science Applications International in a report on Tuesday, February 19th. They issued a “buy” rating for the company. Finally, Wells Fargo & Co reissued a “hold” rating on shares of Science Applications International in a report on Friday, January 11th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $84.29.

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About Science Applications International

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. Its offerings include engineering; technology and equipment platform integration; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure.

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Institutional Ownership by Quarter for Science Applications International (NYSE:SAIC)

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