Shares of Engility Holdings, Inc. (NYSE:EGL) have been assigned a consensus recommendation of “Hold” from the thirteen research firms that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $34.67.
Several research analysts have recently weighed in on the company. B. Riley reaffirmed a “buy” rating on shares of Engility in a research note on Friday, November 3rd. ValuEngine downgraded Engility from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Zacks Investment Research raised Engility from a “sell” rating to a “hold” rating in a research note on Tuesday, January 9th. Noble Financial downgraded Engility from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Finally, Cowen reaffirmed a “hold” rating and set a $36.00 target price on shares of Engility in a research note on Monday, November 6th.
Shares of Engility (NYSE EGL) traded up $0.27 during mid-day trading on Tuesday, hitting $28.97. The stock had a trading volume of 78,586 shares, compared to its average volume of 132,036. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.31. The firm has a market cap of $1,070.00, a P/E ratio of 34.49 and a beta of 2.01. Engility has a twelve month low of $25.70 and a twelve month high of $35.63.
In other Engility news, SVP Thomas O. Miiller sold 4,483 shares of the firm’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $28.59, for a total value of $128,168.97. Following the completion of the sale, the senior vice president now directly owns 10,154 shares of the company’s stock, valued at approximately $290,302.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Peter Marino sold 1,425 shares of the firm’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $25.25, for a total value of $35,981.25. The disclosure for this sale can be found here. Over the last three months, insiders sold 23,908 shares of company stock valued at $673,910. 0.41% of the stock is owned by corporate insiders.
Several institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. increased its stake in shares of Engility by 7.4% in the 2nd quarter. BlackRock Inc. now owns 3,314,730 shares of the aerospace company’s stock worth $94,140,000 after acquiring an additional 228,635 shares during the last quarter. FMR LLC increased its stake in shares of Engility by 3.0% in the 2nd quarter. FMR LLC now owns 3,139,347 shares of the aerospace company’s stock worth $89,157,000 after acquiring an additional 91,414 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Engility by 11.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,192,908 shares of the aerospace company’s stock worth $33,878,000 after purchasing an additional 122,104 shares during the period. Vanguard Group Inc. grew its holdings in shares of Engility by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 966,040 shares of the aerospace company’s stock worth $27,436,000 after purchasing an additional 33,799 shares during the period. Finally, State Street Corp grew its holdings in shares of Engility by 10.8% during the 2nd quarter. State Street Corp now owns 614,380 shares of the aerospace company’s stock worth $17,445,000 after purchasing an additional 59,779 shares during the period. 91.81% of the stock is owned by institutional investors and hedge funds.
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Engility Company Profile
Engility Holdings, Inc (Engility) is a provider of systems engineering services, training, program management, and operational support for the United States Government worldwide. The Company’s business is focused on providing a range of engineering, technical, analytical, advisory, training, logistics and support services.
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