Noble Financial downgraded shares of Engility Holdings, Inc. (NYSE:EGL) from a buy rating to a hold rating in a research note published on Tuesday.

Other equities analysts have also recently issued research reports about the stock. Maxim Group reissued a hold rating on shares of Engility Holdings in a report on Thursday, August 3rd. Zacks Investment Research raised shares of Engility Holdings from a sell rating to a hold rating and set a $35.00 target price on the stock in a report on Monday, August 7th. Cowen and Company reissued a hold rating on shares of Engility Holdings in a report on Tuesday, July 11th. ValuEngine raised shares of Engility Holdings from a hold rating to a buy rating in a report on Tuesday, September 26th. Finally, BidaskClub cut shares of Engility Holdings from a hold rating to a sell rating in a report on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of $35.67.

Engility Holdings (EGL) traded up 0.06% during mid-day trading on Tuesday, reaching $34.99. The company’s stock had a trading volume of 105,775 shares. The firm has a market capitalization of $1.29 billion, a PE ratio of 286.80 and a beta of 2.06. The stock’s 50-day moving average is $31.51 and its 200-day moving average is $29.23. Engility Holdings has a 12 month low of $25.70 and a 12 month high of $39.16.

Engility Holdings (NYSE:EGL) last issued its earnings results on Thursday, August 3rd. The aerospace company reported $0.60 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.09. Engility Holdings had a net margin of 0.22% and a return on equity of 11.49%. The firm had revenue of $494.70 million for the quarter, compared to analysts’ expectations of $504.44 million. During the same quarter last year, the company posted $0.34 earnings per share. Engility Holdings’s revenue was down 7.6% on a year-over-year basis. On average, equities analysts anticipate that Engility Holdings will post ($0.29) EPS for the current year.

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In other Engility Holdings news, Director William G. Tobin sold 3,000 shares of Engility Holdings stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $30.82, for a total value of $92,460.00. Following the transaction, the director now owns 6,290 shares in the company, valued at $193,857.80. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Thomas O. Miiller sold 8,000 shares of Engility Holdings stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $31.06, for a total transaction of $248,480.00. Following the completion of the transaction, the senior vice president now owns 14,637 shares in the company, valued at approximately $454,625.22. The disclosure for this sale can be found here. 0.41% of the stock is owned by insiders.

A number of institutional investors have recently bought and sold shares of EGL. BlackRock Inc. grew its position in Engility Holdings by 17,441.6% in the first quarter. BlackRock Inc. now owns 3,086,095 shares of the aerospace company’s stock worth $89,313,000 after buying an additional 3,068,502 shares during the last quarter. Royce & Associates LP acquired a new position in Engility Holdings in the second quarter worth approximately $7,417,000. Dimensional Fund Advisors LP grew its position in Engility Holdings by 11.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,192,908 shares of the aerospace company’s stock worth $33,878,000 after buying an additional 122,104 shares during the last quarter. FMR LLC grew its position in Engility Holdings by 3.8% in the first quarter. FMR LLC now owns 3,047,933 shares of the aerospace company’s stock worth $88,207,000 after buying an additional 111,000 shares during the last quarter. Finally, State Street Corp grew its position in Engility Holdings by 16.6% in the first quarter. State Street Corp now owns 554,601 shares of the aerospace company’s stock worth $16,047,000 after buying an additional 79,116 shares during the last quarter. Hedge funds and other institutional investors own 92.56% of the company’s stock.

Engility Holdings Company Profile

Engility Holdings, Inc (Engility) is a provider of systems engineering services, training, program management, and operational support for the United States Government worldwide. The Company’s business is focused on providing a range of engineering, technical, analytical, advisory, training, logistics and support services.

Analyst Recommendations for Engility Holdings (NYSE:EGL)

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