Engility Holdings, Inc. (EGL) Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System decreased its stake in Engility Holdings, Inc. (NYSE:EGL) by 3.3% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 44,600 shares of the aerospace company’s stock after selling 1,500 shares during the period. California Public Employees Retirement System owned about 0.12% of Engility Holdings worth $1,291,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of EGL. Victory Capital Management Inc. boosted its position in Engility Holdings by 36.3% in the first quarter. Victory Capital Management Inc. now owns 1,054,553 shares of the aerospace company’s stock valued at $30,519,000 after buying an additional 280,964 shares in the last quarter. Stevens Capital Management LP raised its position in shares of Engility Holdings by 5.5% in the first quarter. Stevens Capital Management LP now owns 11,921 shares of the aerospace company’s stock valued at $345,000 after buying an additional 617 shares in the last quarter. TFS Capital LLC purchased a new position in shares of Engility Holdings during the first quarter valued at about $245,000. Thrivent Financial for Lutherans raised its position in shares of Engility Holdings by 6.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 9,542 shares of the aerospace company’s stock valued at $322,000 after buying an additional 600 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in shares of Engility Holdings by 1.9% in the first quarter. Russell Investments Group Ltd. now owns 38,012 shares of the aerospace company’s stock valued at $1,100,000 after buying an additional 724 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

Engility Holdings, Inc. (NYSE EGL) opened at 29.42 on Friday. The firm has a market capitalization of $1.08 billion, a P/E ratio of 241.15 and a beta of 2.10. The stock has a 50 day moving average price of $29.73 and a 200 day moving average price of $28.94. Engility Holdings, Inc. has a one year low of $25.70 and a one year high of $39.16.

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

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Several brokerages recently issued reports on EGL. FBR & Co restated a “buy” rating and set a $40.00 price target on shares of Engility Holdings in a research note on Saturday. Zacks Investment Research upgraded Engility Holdings from a “sell” rating to a “hold” rating and set a $35.00 price objective on the stock in a research note on Monday, August 7th. Noble Financial reiterated a “buy” rating on shares of Engility Holdings in a research note on Friday, August 4th. Maxim Group reiterated a “hold” rating on shares of Engility Holdings in a research note on Thursday, August 3rd. Finally, Cowen and Company set a $36.00 price objective on Engility Holdings and gave the company a “hold” rating in a research note on Thursday, August 3rd. One analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $35.40.

In related news, SVP Thomas O. Miiller sold 8,000 shares of Engility Holdings stock in a transaction dated Tuesday, August 15th. The shares were 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 directly owns 14,637 shares of the company’s stock, valued at approximately $454,625.22. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.41% of the company’s stock.

About Engility Holdings

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.

Institutional Ownership by Quarter for Engility Holdings (NYSE:EGL)

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