Public Employees Retirement System of Ohio Boosts Position in ManTech International Corporation (MANT)

Public Employees Retirement System of Ohio boosted its stake in ManTech International Corporation (NASDAQ:MANT) by 5.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 4,576 shares of the technology company’s stock after purchasing an additional 239 shares during the period. Public Employees Retirement System of Ohio’s holdings in ManTech International Corporation were worth $189,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Piedmont Investment Advisors LLC acquired a new stake in ManTech International Corporation in the 2nd quarter valued at approximately $229,000. The Manufacturers Life Insurance Company boosted its position in ManTech International Corporation by 3.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 19,891 shares of the technology company’s stock valued at $823,000 after buying an additional 738 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its position in ManTech International Corporation by 43.6% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,888 shares of the technology company’s stock valued at $153,000 after buying an additional 1,181 shares during the period. Cubist Systematic Strategies LLC boosted its position in ManTech International Corporation by 35.4% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 7,994 shares of the technology company’s stock valued at $331,000 after buying an additional 2,089 shares during the period. Finally, Earnest Partners LLC boosted its position in ManTech International Corporation by 1.7% in the 2nd quarter. Earnest Partners LLC now owns 1,403,248 shares of the technology company’s stock valued at $58,066,000 after buying an additional 23,191 shares during the period. Hedge funds and other institutional investors own 61.87% of the company’s stock.

Shares of ManTech International Corporation (MANT) opened at $48.39 on Friday. The stock has a market cap of $1,881.80, a price-to-earnings ratio of 31.54, a PEG ratio of 3.87 and a beta of 0.93. ManTech International Corporation has a 1 year low of $33.50 and a 1 year high of $51.56.

ManTech International Corporation (NASDAQ:MANT) last released its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.39 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.01. The business had revenue of $422.70 million during the quarter, compared to analysts’ expectations of $427.44 million. ManTech International Corporation had a net margin of 3.61% and a return on equity of 4.73%. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.38 EPS. analysts predict that ManTech International Corporation will post 1.56 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 8th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $0.84 annualized dividend and a dividend yield of 1.74%. ManTech International Corporation’s dividend payout ratio (DPR) is currently 27.45%.

MANT has been the subject of several recent research reports. Wells Fargo & Company raised their price target on shares of ManTech International Corporation from $42.00 to $44.00 and gave the company an “underperform” rating in a research report on Wednesday, October 25th. Cowen and Company reissued a “buy” rating and issued a $45.00 price target on shares of ManTech International Corporation in a research report on Monday, August 21st. Zacks Investment Research cut shares of ManTech International Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. BidaskClub cut shares of ManTech International Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Finally, Maxim Group raised their price target on shares of ManTech International Corporation from $47.00 to $53.00 and gave the company a “buy” rating in a research report on Thursday, November 2nd. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $44.86.

In other news, insider Daniel J. Keefe sold 6,500 shares of ManTech International Corporation stock in a transaction on Monday, November 6th. The shares were sold at an average price of $49.85, for a total transaction of $324,025.00. Following the completion of the sale, the insider now directly owns 6,500 shares of the company’s stock, valued at approximately $324,025. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider L. William Varner sold 47,500 shares of ManTech International Corporation stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $48.52, for a total transaction of $2,304,700.00. Following the sale, the insider now directly owns 37,500 shares of the company’s stock, valued at $1,819,500. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 85,520 shares of company stock valued at $3,942,261. Corporate insiders own 22.28% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This story was first published by Community Financial News and is the property of of Community Financial News. If you are accessing this story on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The correct version of this story can be accessed at https://www.com-unik.info/2017/11/17/public-employees-retirement-system-of-ohio-boosts-position-in-mantech-international-corporation-mant.html.

About ManTech International Corporation

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.

Want to see what other hedge funds are holding MANT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ManTech International Corporation (NASDAQ:MANT).

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

What are top analysts saying about ManTech International Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for ManTech International Corporation and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit