Aperio Group LLC grew its stake in Engility Holdings Inc (NYSE:EGL) by 9.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,091 shares of the aerospace company’s stock after purchasing an additional 4,007 shares during the period. Aperio Group LLC owned approximately 0.13% of Engility worth $1,731,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently added to or reduced their stakes in EGL. Victory Capital Management Inc. grew its stake in shares of Engility by 12.1% in the 2nd quarter. Victory Capital Management Inc. now owns 1,143,210 shares of the aerospace company’s stock valued at $35,028,000 after purchasing an additional 123,624 shares during the period. James Investment Research Inc. grew its stake in shares of Engility by 786.4% in the 2nd quarter. James Investment Research Inc. now owns 77,030 shares of the aerospace company’s stock valued at $2,360,000 after purchasing an additional 68,340 shares during the period. Mackay Shields LLC bought a new stake in shares of Engility in the 2nd quarter valued at approximately $968,000. Millennium Management LLC bought a new stake in shares of Engility in the 2nd quarter valued at approximately $655,000. Finally, Boston Partners grew its stake in shares of Engility by 1.7% in the 2nd quarter. Boston Partners now owns 688,872 shares of the aerospace company’s stock valued at $21,107,000 after purchasing an additional 11,476 shares during the period. Institutional investors own 91.82% of the company’s stock.
EGL has been the topic of several analyst reports. Cowen set a $36.00 price objective on Engility and gave the company a “hold” rating in a research note on Wednesday, October 31st. Zacks Investment Research upgraded Engility from a “hold” rating to a “strong-buy” rating and set a $36.00 price target on the stock in a research report on Thursday, November 1st. B. Riley increased their price target on Engility from $38.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, September 11th. Wells Fargo & Co increased their price target on Engility from $27.00 to $35.00 and gave the stock a “market perform” rating in a research report on Friday, July 13th. Finally, Noble Financial lowered Engility from a “buy” rating to a “hold” rating and set a $37.00 price target on the stock. in a research report on Thursday, August 2nd. Seven equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Engility presently has a consensus rating of “Hold” and a consensus target price of $37.00.
NYSE EGL opened at $32.20 on Friday. The company has a market cap of $1.16 billion, a P/E ratio of 13.82, a price-to-earnings-growth ratio of 3.00 and a beta of 2.00. Engility Holdings Inc has a one year low of $21.19 and a one year high of $38.54. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.34 and a current ratio of 1.34.
Engility (NYSE:EGL) last released its quarterly earnings results on Wednesday, October 31st. The aerospace company reported $0.56 EPS for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.08. The business had revenue of $471.20 million for the quarter, compared to analyst estimates of $470.87 million. Engility had a positive return on equity of 11.86% and a negative net margin of 1.94%. Engility’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.26 EPS. Analysts forecast that Engility Holdings Inc will post 2.1 earnings per share for the current fiscal year.
Engility Company Profile
Engility Holdings, Inc, together with its subsidiaries, provides a range of technical services to the U.S. Department of Defense, U.S. Department of Justice, U.S. Department of State, Federal Aviation Administration, Department of Homeland Security, and space-related and intelligence community agencies.
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