Mantech International Corp (MANT) Shares Sold by Neuberger Berman Group LLC

Neuberger Berman Group LLC trimmed its position in Mantech International Corp (NASDAQ:MANT) by 6.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,773 shares of the technology company’s stock after selling 375 shares during the quarter. Neuberger Berman Group LLC’s holdings in Mantech International were worth $365,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc grew its stake in Mantech International by 1.6% during the 3rd quarter. Vanguard Group Inc now owns 3,239,112 shares of the technology company’s stock worth $205,036,000 after buying an additional 49,492 shares during the last quarter. Marshall Wace North America L.P. bought a new position in Mantech International during the 3rd quarter worth $747,000. Marshall Wace LLP acquired a new position in Mantech International during the 3rd quarter worth $2,997,000. Vanguard Group Inc. boosted its position in Mantech International by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 3,239,112 shares of the technology company’s stock worth $205,036,000 after acquiring an additional 49,492 shares during the period. Finally, Morgan Stanley boosted its position in Mantech International by 95.1% during the 3rd quarter. Morgan Stanley now owns 131,496 shares of the technology company’s stock worth $8,323,000 after acquiring an additional 64,089 shares during the period. Institutional investors and hedge funds own 63.59% of the company’s stock.

Shares of MANT stock opened at $54.39 on Monday. Mantech International Corp has a 1 year low of $46.00 and a 1 year high of $68.11. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of 33.57, a price-to-earnings-growth ratio of 2.97 and a beta of 0.94.

Mantech International (NASDAQ:MANT) last announced its quarterly earnings results on Thursday, November 1st. The technology company reported $0.55 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.03. The company had revenue of $497.20 million during the quarter, compared to analyst estimates of $487.86 million. Mantech International had a return on equity of 5.84% and a net margin of 6.77%. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.39 EPS. Sell-side analysts expect that Mantech International Corp will post 2.09 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 21st. Stockholders of record on Friday, December 7th were issued a $0.25 dividend. The ex-dividend date was Thursday, December 6th. This represents a $1.00 annualized dividend and a dividend yield of 1.84%. Mantech International’s dividend payout ratio (DPR) is 61.73%.

A number of brokerages have issued reports on MANT. BidaskClub lowered Mantech International from a “buy” rating to a “hold” rating in a research report on Saturday. Zacks Investment Research lowered Mantech International from a “buy” rating to a “hold” rating in a research report on Tuesday, January 8th. Drexel Hamilton reiterated a “hold” rating on shares of Mantech International in a research report on Wednesday, December 19th. Loop Capital set a $80.00 price target on Mantech International and gave the stock a “buy” rating in a research report on Wednesday, November 14th. Finally, Cowen reiterated a “buy” rating and set a $65.00 price target on shares of Mantech International in a research report on Monday, November 5th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company’s stock. Mantech International has an average rating of “Hold” and an average target price of $64.63.

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About Mantech International

ManTech International Corporation provides technologies and solutions for mission-critical national security programs worldwide. It offers cyber solutions and services, including security operations, threat intelligence, incident response and forensics, boundary defense, security systems engineering, infrastructure security, and computer forensics and exploitation.

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Institutional Ownership by Quarter for Mantech International (NASDAQ:MANT)

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