Russell Investments Group Ltd. Has $9.07 Million Holdings in Orbital ATK (OA)

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Russell Investments Group Ltd. raised its holdings in Orbital ATK (NYSE:OA) by 13.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 68,381 shares of the aerospace company’s stock after acquiring an additional 8,051 shares during the period. Russell Investments Group Ltd. owned 0.12% of Orbital ATK worth $9,067,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of OA. Itau Unibanco Holding S.A. acquired a new position in Orbital ATK in the 4th quarter valued at $102,000. Bray Capital Advisors acquired a new stake in shares of Orbital ATK during the 1st quarter worth $105,000. Captrust Financial Advisors acquired a new stake in shares of Orbital ATK during the 4th quarter worth $160,000. Tower Research Capital LLC TRC acquired a new stake in shares of Orbital ATK during the 4th quarter worth $189,000. Finally, Keel Point LLC acquired a new stake in shares of Orbital ATK during the 1st quarter worth $209,000. Institutional investors own 80.90% of the company’s stock.

A number of analysts have recently commented on OA shares. Cowen restated a “hold” rating on shares of Orbital ATK in a report on Thursday, June 7th. ValuEngine downgraded Orbital ATK from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 2nd. Nine equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $129.58.

Orbital ATK remained flat at $$134.50 during trading hours on Thursday, according to Orbital ATK has a 1-year low of $95.84 and a 1-year high of $134.59. The company has a market capitalization of $7.78 billion, a P/E ratio of 21.42, a PEG ratio of 2.22 and a beta of -0.29. The company has a current ratio of 1.68, a quick ratio of 1.49 and a debt-to-equity ratio of 0.75.

Orbital ATK (NYSE:OA) last announced its quarterly earnings results on Thursday, May 3rd. The aerospace company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.26. Orbital ATK had a return on equity of 19.90% and a net margin of 6.89%. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the firm earned $1.23 EPS. The firm’s quarterly revenue was up 20.9% compared to the same quarter last year. equities analysts expect that Orbital ATK will post 6.73 earnings per share for the current fiscal year.

Orbital ATK Company Profile

Orbital ATK, Inc develops and produces aerospace and defense related products to the U.S. Government, allied nations, prime contractors, and other customers in the United States and internationally. It operates through three segments: Flight Systems Group, Defense Systems Group, and Space Systems Group.

Institutional Ownership by Quarter for Orbital ATK (NYSE:OA)

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