Guggenheim Capital LLC lifted its stake in shares of CSRA Inc (NYSE:CSRA) by 19.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,451,374 shares of the technology company’s stock after buying an additional 402,315 shares during the quarter. Guggenheim Capital LLC owned about 1.50% of CSRA worth $73,344,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Amundi Pioneer Asset Management Inc. acquired a new position in shares of CSRA in the 4th quarter valued at $127,000. Neuberger Berman Group LLC acquired a new position in shares of CSRA in the 3rd quarter valued at $211,000. Boothbay Fund Management LLC acquired a new position in shares of CSRA in the 3rd quarter valued at $234,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH acquired a new position in CSRA in the 4th quarter valued at $237,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in CSRA by 49.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,630 shares of the technology company’s stock valued at $258,000 after buying an additional 2,849 shares during the period. Institutional investors and hedge funds own 94.51% of the company’s stock.
CSRA has been the topic of several recent research reports. Zacks Investment Research raised shares of CSRA from a “sell” rating to a “hold” rating in a research note on Tuesday, December 5th. Royal Bank of Canada set a $37.00 price target on shares of CSRA and gave the stock a “buy” rating in a research note on Thursday, November 16th. TheStreet raised shares of CSRA from a “c” rating to a “b-” rating in a research note on Monday, December 4th. Jefferies Group reaffirmed a “hold” rating and set a $33.00 price target on shares of CSRA in a research note on Monday, January 8th. Finally, ValuEngine raised shares of CSRA from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $36.88.
CSRA (NYSE:CSRA) last announced its quarterly earnings data on Wednesday, February 7th. The technology company reported $0.56 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.08. The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.27 billion. CSRA had a net margin of 7.46% and a return on equity of 68.98%. The company’s revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.48 EPS. equities research analysts predict that CSRA Inc will post 2.04 earnings per share for the current year.
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CSRA Inc is a provider of information technology services to the United States federal government. The Company operates through two segments: Defense and Intelligence, and Civil. The Defense and Intelligence segment provides services to the Department of Defense (DoD), National Security Agency, branches of the Armed Forces, and other DoD and Intelligence agencies.
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