Nationwide Fund Advisors reduced its stake in Science Applications International Corp (NYSE:SAIC) by 0.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 98,274 shares of the information technology services provider’s stock after selling 917 shares during the quarter. Nationwide Fund Advisors owned 0.23% of Science Applications International worth $6,570,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Sei Investments Co. lifted its holdings in shares of Science Applications International by 13.4% in the 2nd quarter. Sei Investments Co. now owns 1,571 shares of the information technology services provider’s stock worth $109,000 after acquiring an additional 186 shares during the last quarter. Bank of Montreal Can lifted its holdings in Science Applications International by 128.3% during the 2nd quarter. Bank of Montreal Can now owns 1,906 shares of the information technology services provider’s stock worth $132,000 after buying an additional 1,071 shares in the last quarter. GLG Partners LP acquired a new stake in Science Applications International during the 2nd quarter worth approximately $143,000. Riverhead Capital Management LLC lifted its holdings in Science Applications International by 62.0% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,430 shares of the information technology services provider’s stock worth $169,000 after buying an additional 930 shares in the last quarter. Finally, Stifel Financial Corp lifted its holdings in Science Applications International by 4.6% during the 2nd quarter. Stifel Financial Corp now owns 2,927 shares of the information technology services provider’s stock worth $203,000 after buying an additional 128 shares in the last quarter. Hedge funds and other institutional investors own 63.47% of the company’s stock.

In other Science Applications International news, COO Nazzic S. Keene sold 18,772 shares of the stock in a transaction that occurred on Friday, October 13th. The shares were sold at an average price of $68.85, for a total value of $1,292,452.20. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 2.94% of the company’s stock.

Shares of Science Applications International Corp (SAIC) traded down $1.28 during trading hours on Tuesday, hitting $78.69. 542,800 shares of the company’s stock were exchanged, compared to its average volume of 323,241. Science Applications International Corp has a 52 week low of $60.21 and a 52 week high of $89.87. The company has a debt-to-equity ratio of 3.09, a quick ratio of 1.15 and a current ratio of 1.34. The stock has a market cap of $3,419.98, a P/E ratio of 21.44, a PEG ratio of 4.47 and a beta of 1.60.

SAIC has been the topic of a number of research reports. BidaskClub upgraded shares of Science Applications International from a “buy” rating to a “strong-buy” rating in a report on Friday, October 27th. Seaport Global Securities reiterated a “buy” rating and set a $80.00 target price (down from $83.00) on shares of Science Applications International in a report on Friday, September 8th. Zacks Investment Research lowered shares of Science Applications International from a “hold” rating to a “sell” rating in a report on Wednesday, August 16th. Citigroup upgraded shares of Science Applications International from a “neutral” rating to a “buy” rating in a report on Monday, October 23rd. Finally, Vertical Research upgraded shares of Science Applications International from a “hold” rating to a “buy” rating and set a $83.00 target price on the stock in a report on Friday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. Science Applications International presently has an average rating of “Buy” and a consensus target price of $80.88.

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Science Applications International 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.

Institutional Ownership by Quarter for Science Applications International (NYSE:SAIC)

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