WINTON GROUP Ltd Takes Position in Orbital ATK, Inc. (OA)

WINTON GROUP Ltd bought a new stake in Orbital ATK, Inc. (NYSE:OA) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 16,009 shares of the aerospace company’s stock, valued at approximately $2,132,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Bank of Montreal Can increased its position in shares of Orbital ATK by 0.6% during the 2nd quarter. Bank of Montreal Can now owns 2,651 shares of the aerospace company’s stock worth $261,000 after purchasing an additional 15 shares during the last quarter. Fort Washington Investment Advisors Inc. OH increased its position in shares of Orbital ATK by 0.5% during the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 11,145 shares of the aerospace company’s stock worth $1,096,000 after purchasing an additional 50 shares during the last quarter. World Asset Management Inc increased its position in shares of Orbital ATK by 1.8% during the 2nd quarter. World Asset Management Inc now owns 2,814 shares of the aerospace company’s stock worth $277,000 after purchasing an additional 51 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of Orbital ATK by 0.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 25,072 shares of the aerospace company’s stock worth $2,466,000 after purchasing an additional 117 shares during the last quarter. Finally, Capstone Asset Management Co. increased its position in shares of Orbital ATK by 4.0% during the 2nd quarter. Capstone Asset Management Co. now owns 3,371 shares of the aerospace company’s stock worth $332,000 after purchasing an additional 130 shares during the last quarter. 85.80% of the stock is currently owned by institutional investors and hedge funds.

Shares of Orbital ATK, Inc. (OA) traded up $0.34 during midday trading on Monday, hitting $132.28. The stock had a trading volume of 596,500 shares, compared to its average volume of 432,397. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.87 and a quick ratio of 1.66. Orbital ATK, Inc. has a one year low of $82.44 and a one year high of $134.59. The company has a market cap of $7,630.70, a P/E ratio of 22.81, a P/E/G ratio of 2.36 and a beta of -0.24.

Orbital ATK (NYSE:OA) last issued its earnings results on Thursday, November 2nd. The aerospace company reported $1.75 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.56 by $0.19. Orbital ATK had a return on equity of 17.32% and a net margin of 6.62%. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the company posted $1.15 EPS. The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. equities analysts predict that Orbital ATK, Inc. will post 6.23 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Thursday, November 16th were paid a dividend of $0.32 per share. The ex-dividend date was Wednesday, November 15th. This represents a $1.28 annualized dividend and a dividend yield of 0.97%. Orbital ATK’s dividend payout ratio is currently 23.79%.

Several research analysts have weighed in on OA shares. TheStreet raised Orbital ATK from a “c” rating to a “b” rating in a research report on Monday, August 28th. ValuEngine raised Orbital ATK from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research raised Orbital ATK from a “hold” rating to a “buy” rating and set a $150.00 price target on the stock in a research report on Tuesday, October 3rd. Wells Fargo & Company lowered Orbital ATK from an “outperform” rating to a “market perform” rating in a research report on Friday, October 6th. Finally, Jefferies Group lowered Orbital ATK from a “buy” rating to a “hold” rating and boosted their price target for the stock from $122.00 to $134.50 in a research report on Thursday, October 5th. Ten research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $122.06.

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Orbital ATK Profile

Orbital ATK, Inc is an aerospace and defense systems company and supplier of related products to the United States Government, allied nations, prime contractors and other customers. The Company’s segments include Flight Systems Group, Defense Systems Group, Space Systems Group and Corporate. Its products include launch vehicles and related propulsion systems; satellites and associated components and services; tactical missiles, subsystems and defense electronics, and precision weapons, armament systems and ammunition.

Institutional Ownership by Quarter for Orbital ATK (NYSE:OA)

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