Heartland Advisors Inc. purchased a new stake in ManTech International Corporation (NASDAQ:MANT) during the second quarter, according to its most recent filing with the SEC. The firm purchased 190,647 shares of the technology company’s stock, valued at approximately $7,889,000. Heartland Advisors Inc. owned approximately 0.49% of ManTech International Corporation at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Swiss National Bank raised its stake in shares of ManTech International Corporation by 4.2% in the first quarter. Swiss National Bank now owns 41,787 shares of the technology company’s stock valued at $1,447,000 after buying an additional 1,700 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of ManTech International Corporation by 43.4% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,783 shares of the technology company’s stock valued at $235,000 after buying an additional 2,053 shares in the last quarter. Comerica Bank raised its stake in shares of ManTech International Corporation by 4.9% in the first quarter. Comerica Bank now owns 28,255 shares of the technology company’s stock valued at $1,010,000 after buying an additional 1,319 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of ManTech International Corporation by 4.1% in the first quarter. Bank of New York Mellon Corp now owns 425,953 shares of the technology company’s stock valued at $14,750,000 after buying an additional 16,833 shares in the last quarter. Finally, US Bancorp DE raised its stake in shares of ManTech International Corporation by 3.4% in the first quarter. US Bancorp DE now owns 22,478 shares of the technology company’s stock valued at $779,000 after buying an additional 734 shares in the last quarter. Hedge funds and other institutional investors own 62.41% of the company’s stock.

ManTech International Corporation (NASDAQ MANT) opened at 40.60 on Friday. The stock’s 50 day moving average is $39.52 and its 200-day moving average is $38.05. 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 $1.58 billion, a price-to-earnings ratio of 26.76 and a beta of 0.94.

ManTech International Corporation (NASDAQ:MANT) last released its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.40 earnings per share for the quarter, topping the Zacks’ 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 quarter last year, the company earned $0.39 EPS. The company’s revenue for the quarter was up 3.1% compared to the same quarter last year. On average, equities research analysts expect that ManTech International Corporation will post $1.52 EPS for the current year.

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

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Several brokerages recently commented on MANT. Zacks Investment Research upgraded shares of ManTech International Corporation from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a research note on Saturday, August 5th. Noble Financial restated a “hold” rating on shares of ManTech International Corporation in a research note on Thursday, August 3rd. BidaskClub upgraded shares of ManTech International Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Maxim Group set a $44.00 price objective on shares of ManTech International Corporation and gave the company a “buy” rating in a research note on Thursday, August 3rd. Finally, Credit Suisse Group restated a “sell” rating and issued a $36.00 price objective on shares of ManTech International Corporation in a research note on Friday, May 5th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. ManTech International Corporation currently has an average rating of “Hold” and a consensus target price of $40.50.

In related news, Director Richard L. Armitage sold 3,000 shares of the stock in a transaction dated Friday, June 9th. The shares were sold at an average price of $40.01, for a total value of $120,030.00. Following the sale, the director now owns 4,000 shares of the company’s stock, valued at approximately $160,040. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 22.28% of the stock is owned by company insiders.

About ManTech International Corporation

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.

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

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