Teachers Advisors LLC raised its position in ManTech International Corporation (NASDAQ:MANT) by 1.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 39,964 shares of the technology company’s stock after buying an additional 628 shares during the period. Teachers Advisors LLC owned approximately 0.10% of ManTech International Corporation worth $1,384,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of MANT. FIL Ltd increased its position in shares of ManTech International Corporation by 22.8% in the first quarter. FIL Ltd now owns 79,609 shares of the technology company’s stock worth $2,757,000 after buying an additional 14,784 shares during the period. Systematic Financial Management LP increased its position in shares of ManTech International Corporation by 24.9% in the first quarter. Systematic Financial Management LP now owns 47,135 shares of the technology company’s stock worth $1,632,000 after buying an additional 9,395 shares during the period. Wellington Management Group LLP acquired a new position in shares of ManTech International Corporation during the first quarter worth about $8,213,000. Principal Financial Group Inc. increased its position in shares of ManTech International Corporation by 4.5% in the first quarter. Principal Financial Group Inc. now owns 196,202 shares of the technology company’s stock worth $6,794,000 after buying an additional 8,420 shares during the period. Finally, OppenheimerFunds Inc. increased its position in shares of ManTech International Corporation by 38.3% in the first quarter. OppenheimerFunds Inc. now owns 33,227 shares of the technology company’s stock worth $1,150,000 after buying an additional 9,209 shares during the period. 61.04% of the stock is owned by institutional investors and hedge funds.

ManTech International Corporation (NASDAQ MANT) traded up 0.57% during trading on Friday, reaching $38.80. The company had a trading volume of 113,252 shares. ManTech International Corporation has a 52-week low of $33.50 and a 52-week high of $45.52. The firm has a market capitalization of $1.51 billion, a P/E ratio of 25.58 and a beta of 0.94. The company has a 50-day moving average of $39.60 and a 200-day moving average of $38.02.

ManTech International Corporation (NASDAQ:MANT) last released its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.40 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.03. ManTech International Corporation had a net margin of 3.59% and a return on equity of 4.73%. The business had revenue of $413.70 million for the quarter, compared to analysts’ expectations of $418.60 million. During the same period in the prior year, the firm earned $0.39 earnings per share. ManTech International Corporation’s revenue was up 3.1% compared to the same quarter last year. Analysts expect that ManTech International Corporation will post $1.52 EPS for the current fiscal year.

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Friday, September 22nd. Shareholders of record on Friday, September 8th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a yield of 2.01%. ManTech International Corporation’s payout ratio is presently 27.63%.

COPYRIGHT VIOLATION NOTICE: “Teachers Advisors LLC Has $1.38 Million Stake in ManTech International Corporation (MANT)” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece of content on another site, it was copied illegally and republished in violation of US & international copyright and trademark laws. The correct version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/08/27/teachers-advisors-llc-has-1-38-million-stake-in-mantech-international-corporation-mant.html.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research raised ManTech International Corporation from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a research note on Friday. Cowen and Company reissued a “buy” rating and set a $45.00 target price on shares of ManTech International Corporation in a research note on Monday, August 21st. Jefferies Group LLC reissued a “sell” rating on shares of ManTech International Corporation in a research note on Friday, August 18th. BidaskClub downgraded ManTech International Corporation from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. Finally, Noble Financial reissued a “hold” rating on shares of ManTech International Corporation in a research note on Thursday, August 3rd. Three research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. ManTech International Corporation has a consensus rating of “Hold” and an average target price of $40.33.

In other ManTech International Corporation news, Director Richard L. Armitage sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $40.01, for a total value of $120,030.00. Following the transaction, the director now directly owns 4,000 shares of the company’s stock, valued at $160,040. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 22.28% of the stock is currently owned by company insiders.

ManTech International Corporation Company Profile

ManTech International Corporation provides technologies and solutions for national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veteran Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community, and other the United States Government customers.

Want to see what other hedge funds are holding MANT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ManTech International Corporation (NASDAQ:MANT).

Institutional Ownership by Quarter for ManTech International Corporation (NASDAQ:MANT)

Receive News & Stock Ratings for ManTech International Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ManTech International Corporation and related stocks with our FREE daily email newsletter.