Keeley Teton Advisors LLC Decreases Position in CSRA Inc (NYSE:CSRA)

Keeley Teton Advisors LLC cut its holdings in CSRA Inc (NYSE:CSRA) by 3.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 329,443 shares of the technology company’s stock after selling 11,427 shares during the quarter. Keeley Teton Advisors LLC owned 0.20% of CSRA worth $10,631,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Prudential PLC raised its holdings in shares of CSRA by 42.5% in the second quarter. Prudential PLC now owns 2,450,600 shares of the technology company’s stock valued at $77,807,000 after acquiring an additional 730,300 shares in the last quarter. Assenagon Asset Management S.A. purchased a new position in CSRA in the third quarter valued at about $22,242,000. Schwab Charles Investment Management Inc. grew its stake in CSRA by 51.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 979,843 shares of the technology company’s stock valued at $31,111,000 after purchasing an additional 331,532 shares during the last quarter. Janus Henderson Group PLC grew its stake in CSRA by 6,259.0% in the second quarter. Janus Henderson Group PLC now owns 291,753 shares of the technology company’s stock valued at $9,263,000 after purchasing an additional 287,165 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC purchased a new position in CSRA in the third quarter valued at about $8,630,000. Institutional investors own 94.66% of the company’s stock.

Shares of CSRA Inc (CSRA) traded down $0.13 on Friday, hitting $29.92. The company had a trading volume of 823,511 shares, compared to its average volume of 1,019,788. The company has a debt-to-equity ratio of 5.68, a current ratio of 1.05 and a quick ratio of 1.05. CSRA Inc has a 52-week low of $27.38 and a 52-week high of $33.67. The stock has a market capitalization of $4,921.59, a PE ratio of 15.67, a price-to-earnings-growth ratio of 1.54 and a beta of 1.70.

CSRA (NYSE:CSRA) last issued its quarterly earnings results on Tuesday, November 7th. The technology company reported $0.46 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by ($0.02). The firm had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.27 billion. CSRA had a return on equity of 79.44% and a net margin of 6.35%. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.56 earnings per share. sell-side analysts predict that CSRA Inc will post 1.95 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 25th. Shareholders of record on Thursday, January 4th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.34%. The ex-dividend date of this dividend is Wednesday, January 3rd. CSRA’s payout ratio is currently 20.94%.

Several equities analysts have issued reports on the company. Vertical Research lowered CSRA from a “hold” rating to a “sell” rating and set a $31.00 target price on the stock. in a research note on Tuesday, October 3rd. Zacks Investment Research upgraded CSRA from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a research note on Friday, September 8th. BidaskClub upgraded CSRA from a “sell” rating to a “hold” rating in a research note on Thursday, September 28th. Cowen reaffirmed a “hold” rating and set a $35.00 target price on shares of CSRA in a report on Monday, September 18th. Finally, Jefferies Group reaffirmed a “hold” rating and set a $35.00 target price on shares of CSRA in a report on Thursday, October 5th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $36.50.

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CSRA Company Profile

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.

Institutional Ownership by Quarter for CSRA (NYSE:CSRA)

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