Earnest Partners LLC grew its stake in shares of ManTech International Corporation (NASDAQ:MANT) by 1.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,403,248 shares of the technology company’s stock after acquiring an additional 23,191 shares during the period. Earnest Partners LLC owned 5.46% of ManTech International Corporation worth $58,066,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of MANT. GLG Partners LP acquired a new stake in ManTech International Corporation during the second quarter worth approximately $166,000. Mason Street Advisors LLC lifted its position 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 worth $207,000 after acquiring an additional 436 shares during the last quarter. State of Alaska Department of Revenue lifted its position 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 worth $209,000 after acquiring an additional 2,231 shares during the last quarter. West Coast Financial LLC acquired a new stake in ManTech International Corporation during the second quarter worth approximately $211,000. Finally, Neuberger Berman Group LLC acquired a new stake in ManTech International Corporation during the second quarter worth approximately $223,000. Hedge funds and other institutional investors own 61.87% of the company’s stock.

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In related news, COO Kevin M. Phillips sold 24,020 shares of the company’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $41.03, for a total transaction of $985,540.60. Following the sale, the chief operating officer now directly owns 47,656 shares in the company, valued at approximately $1,955,325.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mary K. Bush sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $40.39, for a total transaction of $100,975.00. Following the sale, the director now owns 8,540 shares in the company, valued at $344,930.60. 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 over the last 90 days. 22.28% of the stock is currently owned by corporate insiders.

ManTech International Corporation (NASDAQ:MANT) traded down 0.26% during midday trading on Friday, hitting $45.41. 123,760 shares of the stock were exchanged. The firm’s 50-day moving average price is $41.25 and its 200 day moving average price is $38.93. ManTech International Corporation has a 1-year low of $33.50 and a 1-year high of $45.76. The firm has a market capitalization of $1.77 billion, a P/E ratio of 29.93 and a beta of 0.94.

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

The firm also recently declared a Semi-Annual dividend, which was paid on Friday, September 22nd. Investors of record on Friday, September 8th were paid a dividend of $0.21 per share. This represents a dividend yield of 2.01%. The ex-dividend date was Thursday, September 7th. ManTech International Corporation’s payout ratio is currently 27.63%.

Several equities research analysts have issued reports on the stock. Maxim Group set a $44.00 price objective on shares of ManTech International Corporation and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Zacks Investment Research upgraded shares of ManTech International Corporation from a “hold” rating to a “buy” rating and set a $45.00 price objective for the company in a research report on Saturday, August 5th. BidaskClub upgraded shares of ManTech International Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Jefferies Group LLC restated a “sell” rating on shares of ManTech International Corporation in a research report on Friday, August 18th. Finally, Loop Capital upgraded shares of ManTech International Corporation from a “hold” rating to a “buy” rating and raised their price objective for the stock from $41.00 to $44.00 in a research report on Friday, June 30th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $41.83.

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

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