Segall Bryant & Hamill LLC grew its position in shares of Orbital ATK (NYSE:OA) by 8.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 47,799 shares of the aerospace company’s stock after buying an additional 3,788 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Orbital ATK were worth $6,286,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Vertex One Asset Management Inc. raised its position in Orbital ATK by 1.6% during the 4th quarter. Vertex One Asset Management Inc. now owns 28,956 shares of the aerospace company’s stock worth $3,808,000 after buying an additional 456 shares during the last quarter. Bbva Compass Bancshares Inc. raised its position in Orbital ATK by 7.8% during the 4th quarter. Bbva Compass Bancshares Inc. now owns 6,785 shares of the aerospace company’s stock worth $892,000 after buying an additional 493 shares during the last quarter. California State Teachers Retirement System raised its position in Orbital ATK by 0.6% during the 4th quarter. California State Teachers Retirement System now owns 96,500 shares of the aerospace company’s stock worth $12,690,000 after buying an additional 549 shares during the last quarter. Teachers Advisors LLC raised its position in Orbital ATK by 0.8% during the 4th quarter. Teachers Advisors LLC now owns 67,346 shares of the aerospace company’s stock worth $8,856,000 after buying an additional 566 shares during the last quarter. Finally, Suntrust Banks Inc. raised its position in Orbital ATK by 25.7% during the 4th quarter. Suntrust Banks Inc. now owns 2,909 shares of the aerospace company’s stock worth $381,000 after buying an additional 595 shares during the last quarter. Institutional investors own 80.59% of the company’s stock.

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A number of brokerages have commented on OA. Zacks Investment Research upgraded shares of Orbital ATK from a “hold” rating to a “buy” rating and set a $148.00 price objective for the company in a research report on Wednesday, January 10th. FIG Partners upgraded shares of Orbital ATK to a “market perform” rating in a research report on Wednesday, January 24th. Cowen restated a “hold” rating and set a $134.50 price objective on shares of Orbital ATK in a research report on Wednesday, November 22nd. ValuEngine upgraded shares of Orbital ATK from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Finally, TheStreet downgraded shares of Orbital ATK from a “b” rating to a “c” rating in a research report on Wednesday, December 27th. Ten investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Orbital ATK has a consensus rating of “Hold” and an average price target of $126.21.

In related news, VP Thomas E. Mccabe sold 1,540 shares of the stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $131.80, for a total value of $202,972.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Harrison H. Schmitt sold 1,500 shares of the stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $131.60, for a total transaction of $197,400.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 3,288 shares of company stock worth $433,230. Corporate insiders own 1.20% of the company’s stock.

Orbital ATK stock opened at $132.30 on Thursday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.59 and a current ratio of 1.74. Orbital ATK has a 12 month low of $93.50 and a 12 month high of $134.59. The firm has a market cap of $7,651.89, a price-to-earnings ratio of 20.98, a PEG ratio of 2.19 and a beta of -0.24.

Orbital ATK (NYSE:OA) last posted its quarterly earnings results on Thursday, February 22nd. The aerospace company reported $1.77 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.79 by ($0.02). Orbital ATK had a return on equity of 18.32% and a net margin of 6.50%. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same period last year, the company earned $1.26 earnings per share. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. research analysts predict that Orbital ATK will post 6.73 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Monday, February 12th were paid a dividend of $0.32 per share. The ex-dividend date was Friday, February 9th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.97%. Orbital ATK’s dividend payout ratio (DPR) is presently 23.88%.

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About Orbital ATK

Orbital ATK, Inc develops and produces aerospace and defense related products to the U.S. Government, allied nations, prime contractors, and other customers in the United States and internationally. It operates through three segments: Flight Systems Group, Defense Systems Group, and Space Systems Group.

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Institutional Ownership by Quarter for Orbital ATK (NYSE:OA)

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