Great West Life Assurance Co. Can boosted its stake in shares of Science Applications International Corp. (NYSE:SAIC) by 7.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,348 shares of the company’s stock after buying an additional 1,855 shares during the period. Great West Life Assurance Co. Can owned approximately 0.06% of Science Applications International Corp. worth $1,827,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Smith Asset Management Group LP raised its position in shares of Science Applications International Corp. by 8,461.5% in the second quarter. Smith Asset Management Group LP now owns 2,226 shares of the company’s stock valued at $130,000 after buying an additional 2,200 shares during the period. LS Investment Advisors LLC raised its position in Science Applications International Corp. by 69.6% in the second quarter. LS Investment Advisors LLC now owns 2,449 shares of the company’s stock worth $143,000 after buying an additional 1,005 shares during the last quarter. MSI Financial Services Inc raised its position in Science Applications International Corp. by 277.0% in the third quarter. MSI Financial Services Inc now owns 2,639 shares of the company’s stock worth $183,000 after buying an additional 1,939 shares during the last quarter. Quantbot Technologies LP bought a new position in Science Applications International Corp. during the second quarter worth approximately $166,000. Finally, Commonwealth Equity Services Inc bought a new position in Science Applications International Corp. during the second quarter worth approximately $203,000. 64.03% of the stock is owned by institutional investors and hedge funds.

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

Science Applications International Corp. (NYSE:SAIC) traded up 0.01% during midday trading on Monday, reaching $83.96. The company’s stock had a trading volume of 241,405 shares. Science Applications International Corp. has a one year low of $39.76 and a one year high of $84.40. The firm has a 50 day moving average price of $72.93 and a 200 day moving average price of $63.97. The firm has a market cap of $3.71 billion, a P/E ratio of 29.57 and a beta of 1.53.

Science Applications International Corp. (NYSE:SAIC) last announced its earnings results on Thursday, September 8th. The company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The business earned $1.10 billion during the quarter. Science Applications International Corp. had a net margin of 2.92% and a return on equity of 38.81%. Science Applications International Corp.’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.66 earnings per share. Equities research analysts forecast that Science Applications International Corp. will post $3.30 EPS for the current fiscal year.

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A number of equities analysts have recently commented on the company. Zacks Investment Research raised Science Applications International Corp. from a “hold” rating to a “buy” rating and set a $69.00 price target for the company in a report on Tuesday, August 16th. Drexel Hamilton lowered Science Applications International Corp. from a “buy” rating to a “hold” rating in a report on Friday, September 9th. Jefferies Group reaffirmed a “buy” rating on shares of Science Applications International Corp. in a report on Wednesday, August 10th. Cowen and Company lowered Science Applications International Corp. from an “outperform” rating to a “market perform” rating and raised their price target for the stock from $64.00 to $71.00 in a report on Friday, September 9th. Finally, Citigroup Inc. raised their price target on Science Applications International Corp. from $67.00 to $79.00 and gave the stock a “buy” rating in a report on Friday, September 9th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $74.83.

In other news, insider Douglas Martin Wagoner sold 2,300 shares of the company’s stock in a transaction on Friday, September 23rd. The stock was sold at an average price of $69.68, for a total value of $160,264.00. Following the completion of the sale, the insider now directly owns 30,916 shares in the company, valued at approximately $2,154,226.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Anthony J. Moraco sold 38,821 shares of the company’s stock in a transaction on Thursday, September 15th. The stock was sold at an average price of $66.58, for a total value of $2,584,702.18. Following the completion of the sale, the chief executive officer now owns 204,879 shares of the company’s stock, valued at $13,640,843.82. The disclosure for this sale can be found here. Company insiders own 2.28% of the company’s stock.

Science Applications International Corp. 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.

5 Day Chart for NYSE:SAIC

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