Science Applications International Corp (NYSE:SAIC) has received an average rating of “Hold” from the ten analysts that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $79.00.

A number of equities analysts have issued reports on SAIC shares. Cowen restated a “hold” rating and set a $75.00 price target on shares of Science Applications International in a report on Friday, September 8th. Seaport Global Securities reiterated a “buy” rating and issued a $80.00 target price (down from $83.00) on shares of Science Applications International in a report on Friday, September 8th. BidaskClub upgraded Science Applications International from a “hold” rating to a “buy” rating in a report on Thursday, September 28th. SunTrust Banks reiterated a “buy” rating and issued a $93.00 target price on shares of Science Applications International in a report on Friday, October 6th. Finally, Citigroup upgraded Science Applications International from a “neutral” rating to a “buy” rating in a report on Monday, October 23rd.

In related news, COO Nazzic S. Keene sold 18,772 shares of the stock in a transaction on Friday, October 13th. The stock was sold at an average price of $68.85, for a total value of $1,292,452.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.94% of the stock is owned by company insiders.

Several hedge funds have recently bought and sold shares of SAIC. Sei Investments Co. grew its stake in shares of Science Applications International by 13.4% during the 2nd quarter. Sei Investments Co. now owns 1,571 shares of the information technology services provider’s stock worth $109,000 after acquiring an additional 186 shares during the period. Bank of Montreal Can boosted its stake in Science Applications International by 128.3% in the 2nd quarter. Bank of Montreal Can now owns 1,906 shares of the information technology services provider’s stock worth $132,000 after purchasing an additional 1,071 shares during the period. GLG Partners LP bought a new position in Science Applications International in the 2nd quarter worth about $143,000. Riverhead Capital Management LLC boosted its stake in Science Applications International by 62.0% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,430 shares of the information technology services provider’s stock worth $169,000 after purchasing an additional 930 shares during the period. Finally, Stifel Financial Corp boosted its stake in Science Applications International by 4.6% in the 2nd quarter. Stifel Financial Corp now owns 2,927 shares of the information technology services provider’s stock worth $203,000 after purchasing an additional 128 shares during the period. Institutional investors own 64.14% of the company’s stock.

Science Applications International (NYSE:SAIC) traded down $0.12 during trading on Friday, hitting $77.84. The company’s stock had a trading volume of 105,223 shares, compared to its average volume of 244,100. The company has a market cap of $3,330.00, a PE ratio of 21.33, a price-to-earnings-growth ratio of 4.24 and a beta of 1.61. Science Applications International has a 52-week low of $60.21 and a 52-week high of $89.87. The company has a debt-to-equity ratio of 3.09, a current ratio of 1.34 and a quick ratio of 1.15.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 26th. Investors of record on Friday, January 12th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date is Thursday, January 11th. Science Applications International’s dividend payout ratio is currently 33.97%.

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About Science Applications International

Science Applications International Corporation (SAIC) 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.

Analyst Recommendations for Science Applications International (NYSE:SAIC)

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