Swiss National Bank Has $1,729,000 Holdings in ManTech International Corporation (MANT)
Swiss National Bank maintained its stake in ManTech International Corporation (NASDAQ:MANT) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,787 shares of the technology company’s stock at the end of the 2nd quarter. Swiss National Bank owned 0.11% of ManTech International Corporation worth $1,729,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. BlackRock Inc. grew its stake in ManTech International Corporation by 187,452.0% in the first quarter. BlackRock Inc. now owns 3,711,654 shares of the technology company’s stock valued at $128,534,000 after acquiring an additional 3,709,675 shares during the period. Wellington Management Group LLP acquired a new position in ManTech International Corporation in the first quarter valued at about $8,213,000. Vanguard Group Inc. grew its stake in ManTech International Corporation by 9.5% in the first quarter. Vanguard Group Inc. now owns 2,707,606 shares of the technology company’s stock valued at $93,765,000 after acquiring an additional 234,114 shares during the period. Heartland Advisors Inc. acquired a new position in ManTech International Corporation in the second quarter valued at about $7,889,000. Finally, Denver Investment Advisors LLC grew its stake in ManTech International Corporation by 37.7% in the second quarter. Denver Investment Advisors LLC now owns 467,771 shares of the technology company’s stock valued at $19,356,000 after acquiring an additional 128,009 shares during the period. 61.87% of the stock is owned by institutional investors and hedge funds.
A number of research firms have issued reports on MANT. Maxim Group set a $44.00 target price on ManTech International Corporation and gave the company a “buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research raised ManTech International Corporation from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a research note on Saturday, August 5th. BidaskClub raised ManTech International Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Jefferies Group LLC reissued a “sell” rating on shares of ManTech International Corporation in a research note on Friday, August 18th. Finally, Loop Capital raised ManTech International Corporation from a “hold” rating to a “buy” rating and boosted their target price for the company from $41.00 to $44.00 in a research note on Friday, June 30th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $41.83.
Shares of ManTech International Corporation (NASDAQ:MANT) opened at 45.41 on Friday. ManTech International Corporation has a one year low of $33.50 and a one year high of $45.76. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of 29.93 and a beta of 0.94. The stock has a 50 day moving average price of $41.25 and a 200-day moving average price of $38.93.
ManTech International Corporation (NASDAQ:MANT) last released its quarterly 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. The business had revenue of $413.70 million during the quarter, compared to the consensus estimate of $418.60 million. ManTech International Corporation had a return on equity of 4.73% and a net margin of 3.59%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.39 EPS. On average, equities research analysts expect that ManTech International Corporation will post $1.52 EPS for the current year.
The company also recently announced a Semi-Annual dividend, which was paid on Friday, September 22nd. Shareholders of record on Friday, September 8th were given a dividend of $0.21 per share. The ex-dividend date was Thursday, September 7th. This represents a dividend yield of 2.01%. ManTech International Corporation’s dividend payout ratio is currently 27.63%.
In other ManTech International Corporation news, COO Kevin M. Phillips sold 24,020 shares of ManTech International Corporation 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 transaction, the chief operating officer now owns 47,656 shares of the company’s stock, valued at approximately $1,955,325.68. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Walter R. Fatzinger, Jr. sold 2,000 shares of ManTech International Corporation stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $40.52, for a total transaction of $81,040.00. Following the transaction, the director now directly owns 21,000 shares in the company, valued at approximately $850,920. The disclosure for this sale can be found here. In the last three months, insiders have sold 28,520 shares of company stock worth $1,167,556. Insiders own 22.28% of the company’s stock.
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.
Receive News & Stock Ratings for ManTech International Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ManTech International Corporation and related stocks with our FREE daily email newsletter.