Strs Ohio lessened its position in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) by 22.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,800 shares of the information technology services provider’s stock after selling 1,100 shares during the quarter. Strs Ohio’s holdings in SCIENCE APPLICATIONS INTERNATIONAL CORPORATION were worth $254,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SAIC. Koch Industries Inc. purchased a new stake in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION during the 2nd quarter valued at approximately $600,000. ETF Managers Group LLC purchased a new stake in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION during the 2nd quarter valued at approximately $39,049,000. Vanguard Group Inc. raised its position in SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 5.2% in the second quarter. Vanguard Group Inc. now owns 5,096,976 shares of the information technology services provider’s stock valued at $353,833,000 after purchasing an additional 250,102 shares during the period. Prudential Financial Inc. raised its position in SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 80.7% in the second quarter. Prudential Financial Inc. now owns 544,348 shares of the information technology services provider’s stock valued at $37,788,000 after purchasing an additional 243,080 shares during the period. Finally, Harbour Capital Advisors LLC raised its position in SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 6,842.0% in the second quarter. Harbour Capital Advisors LLC now owns 123,012 shares of the information technology services provider’s stock valued at $1,772,000 after purchasing an additional 121,240 shares during the period. 64.45% of the stock is currently owned by hedge funds and other institutional investors.

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE SAIC) opened at $68.61 on Friday. The company has a market cap of $2,970.19, a price-to-earnings ratio of 18.72, a price-to-earnings-growth ratio of 3.87 and a beta of 1.62. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.41 and a quick ratio of 1.23. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION has a 12 month low of $60.21 and a 12 month high of $89.87.

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) last posted its quarterly earnings results on Thursday, September 7th. The information technology services provider reported $0.89 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.91 by ($0.02). The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.08 billion. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION had a return on equity of 48.69% and a net margin of 3.77%. The business’s revenue was down 1.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.85 EPS. sell-side analysts forecast that SCIENCE APPLICATIONS INTERNATIONAL CORPORATION will post 3.55 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 27th. Shareholders of record on Friday, October 13th were paid a $0.31 dividend. The ex-dividend date of this dividend was Thursday, October 12th. This represents a $1.24 annualized dividend and a dividend yield of 1.81%. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION’s dividend payout ratio (DPR) is 34.64%.

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In other SCIENCE APPLICATIONS INTERNATIONAL CORPORATION news, COO Nazzic S. Keene sold 18,772 shares of the business’s stock in a transaction on Friday, October 13th. The shares were sold at an average price of $68.85, for a total value of $1,292,452.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.94% of the company’s stock.

A number of brokerages have issued reports on SAIC. BidaskClub lowered SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 4th. Zacks Investment Research lowered SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “hold” rating to a “sell” rating in a research report on Wednesday, August 16th. Wells Fargo & Company raised SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “market perform” rating to an “outperform” rating and set a $80.00 target price on the stock in a research report on Wednesday, October 25th. Cowen and Company reissued a “market perform” rating and issued a $72.00 target price (down previously from $75.00) on shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION in a research report on Thursday, October 5th. Finally, SunTrust Banks, Inc. reissued a “buy” rating and issued a $93.00 target price on shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION in a research report on Friday, October 6th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $81.25.

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION Company Profile

Science Applications International Corporation (SAIC) is a provider of technical, engineering and enterprise information technology (IT) services. The Company provides its services primarily to the United States Government, including the Department of Defense (DoD), the intelligence community and federal civilian agencies.

Institutional Ownership by Quarter for SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC)

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