156K shares changed hands in the last trading session. Shares saw a steep decrease in trading volume of 67.05% under the normal average daily volume.
Here are a few other firms who have also updated their positions. As of the end of the quarter Kbc Group Nv had sold 42,774 shares trimming its position 75.4%. The value of the investment in SCIENCE APPLICATIONS INTERNATIO decreased from $4,219,000 to $968,000 a change of $3,251,000 quarter to quarter. As of quarter end Federated Investors Inc /pa/ had acquired a total of 68 shares growing its stake by 9.6%. The value in dollars went from $53,000 to $54,000 a change of 1.9% for the reporting period.
Legal & General Group Plc expanded its position by buying 702 shares an increase of 2.9% from 03/31/2017 to 06/30/2017. Legal & General Group Plc owns 24,584 shares valued at $1,707,000. The value of the position overall is down by 4.3%. As of quarter end BNP Paribas Arbitrage, SA had acquired 11,485 shares growing its holdings by 90.4%. The value of the company’s investment in SCIENCE APPLICATIONS INTERNATIO increased from $945,000 to $1,679,000 increasing 77.7% since the last quarter.
On July 17 the stock rating was downgraded to “Hold” from “Buy” by analysts at Jefferies. On November 29, 2016 the stock rating was rated “Neutral” according to a Citigroup report which was a cut from the previous “Buy” rating.
On November 11 the company was upgraded from “Market Perform” to “Buy” by Drexel Hamilton. September 12 investment analysts at Jefferies held the stock rating at “Buy” but raised the price expectation to $80.00 from $68.00.
On September 9 Citigroup kept the company rating at “Buy” and raised the price target from $67.00 to $79.00. On September 9 the company was changed to a “Market Perform” in a report from Drexel Hamilton a cut from the previous “Outperform” rating.
The company is trading down since yesterday’s close of $72.33. Additionally the company declared a dividend for shareholders that was paid on Friday the 28th of July 2017. The dividend payment was $0.310 per share for the quarter which is $1.24 annualized. This dividend amount was represent a yeild of $1.73. The ex-dividend date was set for Wednesday the 12th of July 2017.
Company chares are trading at $71.55 just above the 50 day moving average which is $71.05 and which is marginally under the 200 day moving average of $77.55. The 50 day moving average was up $0.50 or +0.70% and the 200 day average went down by -7.73%.
SCIENCE APPLICATIONS INTERNATIO currently has a P/E ratio of 19.92 and the market cap of the company is 3.12B. In the last earnings report the EPS was $3.59 and is expected to be $3.79 for the current year with 43,674,000 shares outstanding. Next quarter’s EPS is estimated at $0.94 with next year’s EPS anticipated to be $4.12.
Science Applications International Corporation (SAIC), launched on February 1, 2013, is a provider of technical, engineering and enterprise information technology (IT) services. The Company provides its services primarily to the United States Government, including the Department of Defense (DoD), the intelligence community and federal civilian agencies. The Company provides engineering, systems integration and information technology offerings for government projects, and offers a range of services with a targeted emphasis on higher-end, differentiated technology services..