Campbell & CO Investment Adviser LLC bought a new position in Engility Holdings, Inc. (NYSE:EGL) during the second quarter, according to its most recent filing with the SEC. The institutional investor bought 9,859 shares of the aerospace company’s stock, valued at approximately $280,000.
Other large investors have also bought and sold shares of the company. State Street Corp raised its stake in Engility Holdings by 13.6% in the fourth quarter. State Street Corp now owns 475,485 shares of the aerospace company’s stock worth $16,023,000 after buying an additional 56,847 shares during the last quarter. Teachers Retirement System of The State of Kentucky raised its stake in Engility Holdings by 33.3% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 5,200 shares of the aerospace company’s stock worth $175,000 after buying an additional 1,300 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in Engility Holdings by 6.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 9,542 shares of the aerospace company’s stock worth $322,000 after buying an additional 600 shares during the last quarter. Norges Bank acquired a new stake in Engility Holdings during the fourth quarter worth $8,977,000. Finally, Teachers Advisors LLC raised its stake in Engility Holdings by 24.7% in the fourth quarter. Teachers Advisors LLC now owns 35,859 shares of the aerospace company’s stock worth $1,208,000 after buying an additional 7,107 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Engility Holdings, Inc. (EGL) opened at 29.42 on Friday. Engility Holdings, Inc. has a 1-year low of $25.70 and a 1-year high of $39.16. The company has a market capitalization of $1.08 billion, a price-to-earnings ratio of 241.15 and a beta of 2.10. The stock has a 50 day moving average of $29.73 and a 200-day moving average of $28.94.
Engility Holdings (NYSE:EGL) last issued its earnings results on Thursday, August 3rd. The aerospace company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. The firm had revenue of $494.70 million for the quarter, compared to analysts’ expectations of $504.44 million. Engility Holdings had a net margin of 0.22% and a return on equity of 11.49%. The business’s revenue was down 7.6% on a year-over-year basis. During the same quarter last year, the business earned $0.34 earnings per share. Analysts forecast that Engility Holdings, Inc. will post ($0.29) earnings per share for the current year.
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EGL has been the topic of a number of research reports. Cowen and Company reissued a “hold” rating and set a $36.00 target price on shares of Engility Holdings in a report on Friday, May 5th. Noble Financial reissued a “buy” rating on shares of Engility Holdings in a report on Saturday, May 6th. BidaskClub raised shares of Engility Holdings from a “hold” rating to a “buy” rating in a report on Wednesday, June 14th. Zacks Investment Research lowered shares of Engility Holdings from a “hold” rating to a “sell” rating in a research note on Monday, July 17th. Finally, ValuEngine lowered shares of Engility Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $35.40.
In related news, SVP Thomas O. Miiller sold 8,000 shares of Engility Holdings stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $31.06, for a total value of $248,480.00. Following the sale, the senior vice president now owns 14,637 shares in the company, valued at $454,625.22. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.41% of the company’s stock.
Engility Holdings Company Profile
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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