Orbital ATK Inc. (NYSE:OA) has received an average recommendation of “Buy” from the thirteen brokerages that are covering the stock. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $98.59.

OA has been the subject of several analyst reports. Jefferies Group reissued a “buy” rating on shares of Orbital ATK in a research report on Friday, August 5th. Cowen and Company lowered shares of Orbital ATK from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 10th. Barclays PLC decreased their price objective on shares of Orbital ATK from $108.00 to $97.00 and set an “overweight” rating for the company in a research report on Thursday, August 11th. KeyCorp decreased their price objective on shares of Orbital ATK from $106.00 to $98.00 and set an “overweight” rating for the company in a research report on Thursday, August 11th. Finally, Wells Fargo & Co. raised shares of Orbital ATK from a “market perform” rating to an “outperform” rating in a research report on Tuesday, August 23rd.

Large investors have recently modified their holdings of the company. Bank Hapoalim BM boosted its stake in Orbital ATK by 0.3% in the second quarter. Bank Hapoalim BM now owns 5,768 shares of the company’s stock worth $491,000 after buying an additional 15 shares in the last quarter. National Asset Management Inc. boosted its stake in Orbital ATK by 1.1% in the second quarter. National Asset Management Inc. now owns 2,474 shares of the company’s stock worth $211,000 after buying an additional 28 shares in the last quarter. Clark Capital Management Group Inc. boosted its stake in Orbital ATK by 1.3% in the first quarter. Clark Capital Management Group Inc. now owns 3,274 shares of the company’s stock worth $285,000 after buying an additional 41 shares in the last quarter. Moody Lynn & Lieberson LLC boosted its stake in Orbital ATK by 1.2% in the second quarter. Moody Lynn & Lieberson LLC now owns 3,846 shares of the company’s stock worth $327,000 after buying an additional 45 shares in the last quarter. Finally, Aperio Group LLC boosted its stake in Orbital ATK by 0.7% in the third quarter. Aperio Group LLC now owns 11,732 shares of the company’s stock worth $894,000 after buying an additional 81 shares in the last quarter. 84.71% of the stock is currently owned by institutional investors and hedge funds.

Orbital ATK (NYSE:OA) opened at 85.73 on Thursday. Orbital ATK has a one year low of $67.04 and a one year high of $94.92. The firm’s 50-day moving average is $77.13 and its 200 day moving average is $81.22. The stock has a market cap of $5.02 billion, a P/E ratio of 15.98 and a beta of -0.29.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 1st. Stockholders of record on Wednesday, November 16th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, November 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.40%. Orbital ATK’s payout ratio is 27.15%.

About Orbital ATK

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