State Treasurer State of Michigan decreased its holdings in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) by 8.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,485 shares of the information technology services provider’s stock after selling 1,500 shares during the period. State Treasurer State of Michigan’s holdings in SCIENCE APPLICATIONS INTERNATIONAL CORPORATION were worth $1,102,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the company. Creative Planning boosted its position in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 0.3% during the 2nd quarter. Creative Planning now owns 16,613 shares of the information technology services provider’s stock valued at $1,153,000 after purchasing an additional 51 shares in the last quarter. Arizona State Retirement System boosted its position in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 0.5% during the 2nd quarter. Arizona State Retirement System now owns 18,400 shares of the information technology services provider’s stock valued at $1,277,000 after purchasing an additional 100 shares in the last quarter. Teacher Retirement System of Texas boosted its position in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 3.5% during the 2nd quarter. Teacher Retirement System of Texas now owns 3,521 shares of the information technology services provider’s stock valued at $244,000 after purchasing an additional 119 shares in the last quarter. Stifel Financial Corp boosted its position in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 4.6% during the 2nd quarter. Stifel Financial Corp now owns 2,927 shares of the information technology services provider’s stock valued at $203,000 after purchasing an additional 128 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 0.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 17,672 shares of the information technology services provider’s stock valued at $1,227,000 after purchasing an additional 136 shares in the last quarter. Institutional investors own 64.45% of the company’s stock.

Shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE SAIC) opened at $69.16 on Thursday. The company has a debt-to-equity ratio of 3.10, a quick ratio of 1.23 and a current ratio of 1.41. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION has a 52 week low of $60.21 and a 52 week high of $89.87. The company has a market cap of $2,994.41, a PE ratio of 18.87, a price-to-earnings-growth ratio of 3.90 and a beta of 1.62.

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) last posted its quarterly earnings data on Thursday, September 7th. The information technology services provider reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.02). SCIENCE APPLICATIONS INTERNATIONAL CORPORATION had a net margin of 3.77% and a return on equity of 48.69%. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the prior year, the company posted $0.85 earnings per share. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION’s quarterly revenue was down 1.6% compared to the same quarter last year. equities research analysts predict that SCIENCE APPLICATIONS INTERNATIONAL CORPORATION will post 3.55 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 27th. Shareholders of record on Friday, October 13th were paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date was Thursday, October 12th. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION’s dividend payout ratio is presently 34.64%.

In other SCIENCE APPLICATIONS INTERNATIONAL CORPORATION news, COO Nazzic S. Keene sold 18,772 shares of the company’s stock in a transaction dated Friday, October 13th. The shares were sold at an average price of $68.85, for a total transaction of $1,292,452.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.94% of the stock is currently owned by corporate insiders.

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Several equities analysts have recently weighed in on the stock. Jefferies Group LLC restated a “hold” rating and set a $66.00 price objective on shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION in a research report on Friday, July 14th. Zacks Investment Research lowered shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “hold” rating to a “sell” rating in a research report on Wednesday, August 16th. Citigroup Inc. upgraded shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “neutral” rating to a “buy” rating in a research report on Monday, October 23rd. Seaport Global Securities restated a “buy” rating and set a $80.00 price objective (down previously from $83.00) on shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION in a research report on Friday, September 8th. Finally, BidaskClub lowered shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $81.25.

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION Profile

Science Applications International Corporation (SAIC) is a provider of technical, engineering and enterprise information technology (IT) services. The Company provides its services primarily to the United States Government, including the Department of Defense (DoD), the intelligence community and federal civilian agencies.

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Institutional Ownership by Quarter for SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC)

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