Orbital ATK Inc. (NYSE:OA) announced a quarterly dividend on Wednesday, November 2nd. Shareholders of record on Wednesday, November 16th will be given a dividend of 0.30 per share on Thursday, December 1st. This represents a $1.20 annualized dividend and a yield of 1.47%. The ex-dividend date is Monday, November 14th.

Shares of Orbital ATK (NYSE:OA) opened at 81.61 on Friday. The firm has a market cap of $4.78 billion, a price-to-earnings ratio of 15.21 and a beta of -0.29. Orbital ATK has a 12-month low of $67.04 and a 12-month high of $94.92. The firm has a 50-day moving average price of $75.59 and a 200 day moving average price of $81.39.

Dividend History for Orbital ATK (NYSE:OA)

Several hedge funds have recently bought and sold shares of the company. Rhumbline Advisers increased its stake in Orbital ATK by 1.9% in the second quarter. Rhumbline Advisers now owns 88,796 shares of the company’s stock worth $7,560,000 after buying an additional 1,614 shares in the last quarter. Raymond James & Associates increased its stake in Orbital ATK by 10.3% in the second quarter. Raymond James & Associates now owns 44,948 shares of the company’s stock worth $3,828,000 after buying an additional 4,208 shares in the last quarter. TFS Capital LLC purchased a new stake in Orbital ATK during the second quarter worth approximately $319,000. Baird Financial Group Inc. increased its stake in Orbital ATK by 47.1% in the second quarter. Baird Financial Group Inc. now owns 12,786 shares of the company’s stock worth $1,091,000 after buying an additional 4,094 shares in the last quarter. Finally, Cipher Capital LP increased its stake in Orbital ATK by 75.3% in the second quarter. Cipher Capital LP now owns 10,368 shares of the company’s stock worth $882,000 after buying an additional 4,452 shares in the last quarter. 85.63% of the stock is currently owned by institutional investors.

OA has been the subject of a number of analyst reports. Deutsche Bank AG initiated coverage on Orbital ATK in a research report on Thursday, September 1st. They set a “buy” rating and a $100.00 price objective for the company. Jefferies Group restated a “buy” rating and set a $100.00 price objective on shares of Orbital ATK in a research report on Friday, August 26th. Zacks Investment Research lowered Orbital ATK from a “buy” rating to a “hold” rating in a research report on Thursday, July 21st. Argus lowered Orbital ATK from a “buy” rating to a “hold” rating and set a $91.75 price objective for the company. in a research report on Tuesday, August 23rd. Finally, Cowen and Company lowered Orbital ATK from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 10th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $98.16.

Orbital ATK Company Profile

5 Day Chart for NYSE:OA

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