EGL has been the topic of several other research reports. Maxim Group reissued a hold rating on shares of Engility in a research note on Friday, November 3rd. Cowen reissued a hold rating and issued a $36.00 price objective on shares of Engility in a research note on Monday, November 6th. Noble Financial raised Engility from a hold rating to a buy rating in a research note on Tuesday, November 14th. Vertical Research cut Engility from a hold rating to a sell rating in a research note on Friday, November 3rd. Finally, Jefferies Group reissued a buy rating and issued a $37.00 price objective on shares of Engility in a research note on Friday, October 6th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The company has an average rating of Hold and a consensus target price of $35.00.
Engility (EGL) opened at $26.95 on Monday. Engility has a 52 week low of $25.70 and a 52 week high of $35.63. The stock has a market capitalization of $1,047.30, a P/E ratio of 12.47 and a beta of 2.01. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.31.
In other Engility news, Director Peter Marino sold 15,000 shares of the stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $28.39, for a total transaction of $425,850.00. Following the sale, the director now owns 1,213 shares of the company’s stock, valued at approximately $34,437.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Thomas O. Miiller sold 4,483 shares of the stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $28.59, for a total value of $128,168.97. Following the sale, the senior vice president now directly owns 10,154 shares in the company, valued at approximately $290,302.86. The disclosure for this sale can be found here. Insiders have sold a total of 23,908 shares of company stock worth $673,910 in the last ninety days. Insiders own 0.57% of the company’s stock.
A number of hedge funds and other institutional investors have recently made changes to their positions in EGL. Municipal Employees Retirement System of Michigan boosted its position in Engility by 4.0% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 4,170 shares of the aerospace company’s stock valued at $118,000 after acquiring an additional 160 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Engility during the 3rd quarter valued at $124,000. OxFORD Asset Management LLP purchased a new stake in shares of Engility during the 2nd quarter valued at $206,000. BNP Paribas Arbitrage SA lifted its holdings in shares of Engility by 28.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 8,777 shares of the aerospace company’s stock valued at $249,000 after purchasing an additional 1,968 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of Engility during the 3rd quarter valued at $266,000. 91.81% of the stock is currently owned by institutional investors and hedge funds.
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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.
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