Voya Investment Management LLC increased its stake in shares of Orbital ATK, Inc. (NYSE:OA) by 3.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 615,291 shares of the aerospace company’s stock after buying an additional 23,017 shares during the quarter. Voya Investment Management LLC owned about 1.07% of Orbital ATK worth $60,520,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of OA. BlackRock Inc. grew its stake in Orbital ATK by 17,832.1% during the 1st quarter. BlackRock Inc. now owns 5,090,376 shares of the aerospace company’s stock worth $498,857,000 after buying an additional 5,061,989 shares during the last quarter. LSV Asset Management grew its stake in Orbital ATK by 5,651.1% during the 2nd quarter. LSV Asset Management now owns 1,409,015 shares of the aerospace company’s stock worth $138,590,000 after buying an additional 1,384,515 shares during the last quarter. Clearbridge Investments LLC grew its stake in Orbital ATK by 48.3% during the 1st quarter. Clearbridge Investments LLC now owns 1,091,495 shares of the aerospace company’s stock worth $106,967,000 after buying an additional 355,311 shares during the last quarter. Martingale Asset Management L P grew its stake in Orbital ATK by 4,908.9% during the 2nd quarter. Martingale Asset Management L P now owns 245,437 shares of the aerospace company’s stock worth $24,143,000 after buying an additional 240,537 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in Orbital ATK by 5.0% during the 1st quarter. Vanguard Group Inc. now owns 4,752,439 shares of the aerospace company’s stock worth $465,739,000 after buying an additional 227,516 shares during the last quarter. Hedge funds and other institutional investors own 85.36% of the company’s stock.

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In other Orbital ATK news, VP Thomas E. Mccabe sold 400 shares of the stock in a transaction on Friday, July 28th. The stock was sold at an average price of $101.60, for a total value of $40,640.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Frank L. Jr. Culbertson sold 2,002 shares of the stock in a transaction on Friday, August 4th. The shares were sold at an average price of $105.89, for a total value of $211,991.78. The disclosure for this sale can be found here. Insiders sold a total of 3,002 shares of company stock worth $316,492 over the last quarter. Corporate insiders own 1.20% of the company’s stock.

Shares of Orbital ATK, Inc. (OA) traded up 0.17% during mid-day trading on Thursday, hitting $132.86. The stock had a trading volume of 68,966 shares. The firm’s 50-day moving average price is $108.83 and its 200 day moving average price is $101.75. Orbital ATK, Inc. has a 12-month low of $71.52 and a 12-month high of $133.39. The stock has a market cap of $7.65 billion, a price-to-earnings ratio of 27.66 and a beta of -0.34.

Orbital ATK (NYSE:OA) last released its quarterly earnings results on Thursday, August 3rd. The aerospace company reported $1.56 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.45 by $0.11. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Orbital ATK had a return on equity of 15.62% and a net margin of 6.11%. The business’s revenue was up 2.9% on a year-over-year basis. During the same period last year, the firm posted $1.35 EPS. Equities analysts forecast that Orbital ATK, Inc. will post $6.18 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 21st. Shareholders of record on Wednesday, September 6th were given a $0.32 dividend. The ex-dividend date of this dividend was Friday, September 1st. This represents a $1.28 dividend on an annualized basis and a yield of 0.97%.

A number of research analysts have issued reports on OA shares. SunTrust Banks, Inc. lowered Orbital ATK from a “buy” rating to a “hold” rating and set a $106.00 price target for the company. in a research report on Tuesday, September 19th. Zacks Investment Research upgraded Orbital ATK from a “hold” rating to a “buy” rating and set a $115.00 price target for the company in a research report on Monday, July 31st. Jefferies Group LLC reiterated a “buy” rating and set a $122.00 price target (up previously from $115.00) on shares of Orbital ATK in a research report on Friday, August 4th. CL King lowered Orbital ATK from a “buy” rating to a “neutral” rating in a research report on Tuesday, September 19th. Finally, ValuEngine upgraded Orbital ATK from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $117.00.

About Orbital ATK

Orbital ATK, Inc is an aerospace and defense systems company and supplier of related products to the United States Government, allied nations, prime contractors and other customers. The Company’s segments include Flight Systems Group, Defense Systems Group, Space Systems Group and Corporate. Its products include launch vehicles and related propulsion systems; satellites and associated components and services; tactical missiles, subsystems and defense electronics, and precision weapons, armament systems and ammunition.

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Institutional Ownership by Quarter for Orbital ATK (NYSE:OA)

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