Bailard Inc. Has $400,000 Stock Holdings in Mantech International Corp (NASDAQ:MANT)

Bailard Inc. lifted its position in shares of Mantech International Corp (NASDAQ:MANT) by 12.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,600 shares of the technology company’s stock after purchasing an additional 600 shares during the period. Bailard Inc.’s holdings in Mantech International were worth $400,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund increased its stake in shares of Mantech International by 1.9% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 10,480 shares of the technology company’s stock worth $690,000 after purchasing an additional 200 shares during the last quarter. Bessemer Group Inc. increased its stake in shares of Mantech International by 0.3% during the 2nd quarter. Bessemer Group Inc. now owns 68,600 shares of the technology company’s stock worth $4,517,000 after purchasing an additional 200 shares during the last quarter. Arizona State Retirement System increased its stake in shares of Mantech International by 1.0% during the 2nd quarter. Arizona State Retirement System now owns 41,407 shares of the technology company’s stock worth $2,727,000 after purchasing an additional 399 shares during the last quarter. Jefferies Group LLC increased its stake in shares of Mantech International by 6.6% during the 2nd quarter. Jefferies Group LLC now owns 8,240 shares of the technology company’s stock worth $543,000 after purchasing an additional 508 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan increased its stake in shares of Mantech International by 5.8% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 11,490 shares of the technology company’s stock worth $757,000 after purchasing an additional 630 shares during the last quarter. Institutional investors own 65.53% of the company’s stock.

Shares of MANT stock opened at $68.22 on Wednesday. The company has a market capitalization of $2.77 billion, a price-to-earnings ratio of 33.12, a PEG ratio of 3.73 and a beta of 0.88. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.43 and a current ratio of 1.43. The company has a 50-day simple moving average of $69.31 and a 200 day simple moving average of $65.28. Mantech International Corp has a 52 week low of $48.25 and a 52 week high of $72.25.

Mantech International (NASDAQ:MANT) last announced its earnings results on Wednesday, July 31st. The technology company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.56 by $0.04. The business had revenue of $537.00 million during the quarter, compared to the consensus estimate of $551.29 million. Mantech International had a net margin of 4.30% and a return on equity of 6.21%. Mantech International’s revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.50 EPS. Sell-side analysts forecast that Mantech International Corp will post 2.32 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.58%. The ex-dividend date was Thursday, September 12th. Mantech International’s payout ratio is 52.43%.

MANT has been the subject of several research analyst reports. BidaskClub downgraded shares of Mantech International from a “strong-buy” rating to a “buy” rating in a report on Friday, October 4th. ValuEngine downgraded shares of Mantech International from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Wells Fargo & Co downgraded shares of Mantech International from an “outperform” rating to a “market perform” rating in a report on Thursday, August 1st. Zacks Investment Research downgraded shares of Mantech International from a “buy” rating to a “hold” rating in a report on Thursday, September 26th. Finally, SunTrust Banks lifted their target price on shares of Mantech International to $77.00 and gave the stock a “positive” rating in a report on Thursday, August 1st. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $73.00.

In other Mantech International news, CEO Kevin M. Phillips sold 32,431 shares of the business’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $67.98, for a total value of $2,204,659.38. Following the completion of the sale, the chief executive officer now owns 106,063 shares of the company’s stock, valued at approximately $7,210,162.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Richard John Wagner sold 8,600 shares of the business’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $70.23, for a total transaction of $603,978.00. Following the completion of the sale, the insider now directly owns 7,635 shares of the company’s stock, valued at approximately $536,206.05. The disclosure for this sale can be found here. Insiders own 33.70% of the company’s stock.

About Mantech International

ManTech International Corporation provides technology solutions and services for U.S. defense, intelligence community, and federal civilian agencies worldwide. The company offers cyber solutions and services, including security operations, threat intelligence, incident response and forensics, boundary defense, security systems engineering, infrastructure security, and computer forensics and exploitation.

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Institutional Ownership by Quarter for Mantech International (NASDAQ:MANT)

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