Public Employees Retirement Association of Colorado held its position in SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 8,676 shares of the information technology services provider’s stock at the end of the second quarter. Public Employees Retirement Association of Colorado’s holdings in SCIENCE APPLICATIONS INTERNATIONAL CORPORATION were worth $602,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. raised its position in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 21,454.1% in the first quarter. BlackRock Inc. now owns 4,403,288 shares of the information technology services provider’s stock valued at $327,604,000 after buying an additional 4,382,859 shares during the period. Vanguard Group Inc. raised its position in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 11.3% in the first quarter. Vanguard Group Inc. now owns 4,846,874 shares of the information technology services provider’s stock valued at $360,608,000 after buying an additional 490,948 shares during the period. JPMorgan Chase & Co. raised its position in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 111.5% in the first quarter. JPMorgan Chase & Co. now owns 928,036 shares of the information technology services provider’s stock valued at $69,045,000 after buying an additional 489,349 shares during the period. AQR Capital Management LLC raised its position in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 37.7% in the first quarter. AQR Capital Management LLC now owns 692,178 shares of the information technology services provider’s stock valued at $51,498,000 after buying an additional 189,603 shares during the period. Finally, Scout Investments Inc. raised its position in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 73.8% in the first quarter. Scout Investments Inc. now owns 401,080 shares of the information technology services provider’s stock valued at $21,394,000 after buying an additional 170,273 shares during the period. 66.00% of the stock is currently owned by hedge funds and other institutional investors.

Shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE SAIC) opened at 69.14 on Monday. The stock has a market capitalization of $3.02 billion, a price-to-earnings ratio of 19.25 and a beta of 1.65. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION has a 52-week low of $61.06 and a 52-week high of $89.87. The firm’s 50-day moving average is $70.69 and its 200 day moving average is $76.51.

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) last issued its quarterly earnings data on Monday, June 12th. The information technology services provider reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.04. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION had a net margin of 3.78% and a return on equity of 47.08%. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same period last year, the company posted $0.80 EPS. The business’s revenue was down 9.2% on a year-over-year basis. Equities analysts expect that SCIENCE APPLICATIONS INTERNATIONAL CORPORATION will post $3.79 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 28th. Shareholders of record on Friday, July 14th were paid a $0.31 dividend. The ex-dividend date was Wednesday, July 12th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.79%. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION’s payout ratio is currently 34.54%.

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Several research analysts recently issued reports on the stock. ValuEngine lowered shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “buy” rating to a “hold” rating in a research report on Tuesday, June 13th. Wells Fargo & Company reiterated a “market perform” rating and issued a $75.00 target price (down from $80.00) on shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION in a research report on Tuesday, June 13th. Zacks Investment Research upgraded shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “hold” rating to a “buy” rating and set a $85.00 target price for the company in a research report on Thursday, June 1st. Cowen and Company reiterated a “hold” rating and issued a $75.00 target price on shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION in a research report on Friday, May 5th. Finally, Jefferies Group LLC lowered shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION has an average rating of “Hold” and an average price target of $81.63.

In other SCIENCE APPLICATIONS INTERNATIONAL CORPORATION news, insider Douglas Martin Wagoner sold 1,524 shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION stock in a transaction on Friday, June 23rd. The shares were sold at an average price of $71.58, for a total value of $109,087.92. Following the completion of the transaction, the insider now directly owns 106,147 shares of the company’s stock, valued at approximately $7,598,002.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 44,472 shares of company stock valued at $3,119,732 over the last three months. Corporate insiders own 2.28% of the company’s stock.

About SCIENCE APPLICATIONS INTERNATIONAL CORPORATION

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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