FIL Ltd Has $3 Million Holdings in ManTech International Corporation (MANT)
FIL Ltd lowered its position in shares of ManTech International Corporation (NASDAQ:MANT) by 8.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 72,553 shares of the technology company’s stock after selling 7,056 shares during the quarter. FIL Ltd owned 0.19% of ManTech International Corporation worth $3,002,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. State of Alaska Department of Revenue lifted its holdings in ManTech International Corporation by 79.1% during the second quarter. State of Alaska Department of Revenue now owns 5,051 shares of the technology company’s stock valued at $209,000 after purchasing an additional 2,231 shares in the last quarter. West Coast Financial LLC purchased a new position in ManTech International Corporation during the second quarter valued at approximately $211,000. Neuberger Berman Group LLC purchased a new position in ManTech International Corporation during the second quarter valued at approximately $223,000. Mason Street Advisors LLC lifted its holdings in ManTech International Corporation by 7.9% during the first quarter. Mason Street Advisors LLC now owns 5,976 shares of the technology company’s stock valued at $207,000 after purchasing an additional 436 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in ManTech International Corporation by 43.4% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,783 shares of the technology company’s stock valued at $235,000 after purchasing an additional 2,053 shares in the last quarter. 61.87% of the stock is currently owned by institutional investors and hedge funds.
Shares of ManTech International Corporation (MANT) opened at 43.69 on Thursday. ManTech International Corporation has a 52-week low of $33.50 and a 52-week high of $45.52. The company has a market cap of $1.70 billion, a PE ratio of 28.80 and a beta of 0.94. The stock’s 50 day moving average is $39.78 and its 200 day moving average is $38.23.
ManTech International Corporation (NASDAQ:MANT) last announced its earnings results on Wednesday, August 2nd. The technology company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.03. ManTech International Corporation had a return on equity of 4.73% and a net margin of 3.59%. The firm had revenue of $413.70 million for the quarter, compared to analyst estimates of $418.60 million. During the same quarter last year, the firm posted $0.39 EPS. The business’s revenue was up 3.1% on a year-over-year basis. Equities analysts forecast that ManTech International Corporation will post $1.52 EPS for the current year.
The firm also recently announced a Semi-Annual dividend, which was paid on Friday, September 22nd. Stockholders of record on Friday, September 8th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Thursday, September 7th. This represents a dividend yield of 2.01%. ManTech International Corporation’s dividend payout ratio (DPR) is 27.63%.
In other news, Director Mary K. Bush sold 2,500 shares of the stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $40.39, for a total transaction of $100,975.00. Following the transaction, the director now owns 8,540 shares in the company, valued at approximately $344,930.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Walter R. Fatzinger, Jr. sold 2,000 shares of the stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $40.52, for a total value of $81,040.00. Following the transaction, the director now owns 21,000 shares in the company, valued at approximately $850,920. The disclosure for this sale can be found here. Insiders have sold a total of 28,520 shares of company stock worth $1,167,556 in the last quarter. Insiders own 22.28% of the company’s stock.
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Several brokerages have weighed in on MANT. Maxim Group reaffirmed a “buy” rating and set a $47.00 price target (up previously from $44.00) on shares of ManTech International Corporation in a report on Wednesday, September 20th. Zacks Investment Research downgraded shares of ManTech International Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, September 20th. Noble Financial reaffirmed a “hold” rating on shares of ManTech International Corporation in a report on Thursday, August 3rd. BidaskClub upgraded shares of ManTech International Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Finally, Jefferies Group LLC reiterated a “sell” rating on shares of ManTech International Corporation in a research report on Friday, August 18th. 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. The stock currently has an average rating of “Hold” and an average price target of $41.67.
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.
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