Engility Holdings, Inc. (NYSE:EGL) fell 1.5% during mid-day trading on Thursday . The stock traded as low as $25.50 and last traded at $25.65, with a volume of 74,983 shares traded. The stock had previously closed at $26.04.

Several brokerages have recently issued reports on EGL. Zacks Investment Research downgraded shares of Engility Holdings from a “buy” rating to a “hold” rating in a research report on Monday. Cowen and Company began coverage on shares of Engility Holdings in a research report on Wednesday, June 22nd. They set an “outperform” rating and a $27.00 price objective for the company. Jefferies Group reissued a “buy” rating and set a $25.00 price objective on shares of Engility Holdings in a research report on Friday, May 6th. FBR & Co reissued a “buy” rating and set a $25.00 price objective on shares of Engility Holdings in a research report on Friday, May 6th. Finally, Paradigm Capital downgraded shares of Engility Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, April 7th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $24.00.

The firm’s market capitalization is $955.11 million. The firm’s 50-day moving average price is $22.84 and its 200-day moving average price is $20.29.

Engility Holdings (NYSE:EGL) last issued its quarterly earnings results on Thursday, May 5th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.04. The firm earned $53 million during the quarter, compared to analyst estimates of $516.85 million. The firm’s revenue for the quarter was down 86.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.40 EPS. On average, analysts forecast that Engility Holdings, Inc. will post $1.08 EPS for the current year.

In other news, CAO Richard B. Harkey sold 4,506 shares of the business’s stock in a transaction that occurred on Friday, June 3rd. The shares were sold at an average price of $23.16, for a total value of $104,358.96. Following the transaction, the chief accounting officer now owns 2,608 shares in the company, valued at approximately $60,401.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Other hedge funds and institutional investors have recently modified their holdings of the company. Victory Capital Management Inc. increased its position in shares of Engility Holdings by 9.0% in the fourth quarter. Victory Capital Management Inc. now owns 708,696 shares of the company’s stock worth $23,019,000 after buying an additional 58,235 shares during the period. Morgan Stanley increased its position in shares of Engility Holdings by 184.5% in the fourth quarter. Morgan Stanley now owns 76,772 shares of the company’s stock worth $2,493,000 after buying an additional 49,787 shares during the period. Boston Partners purchased a new position in shares of Engility Holdings during the fourth quarter worth about $6,178,000. First Trust Advisors LP increased its position in shares of Engility Holdings by 45.2% in the fourth quarter. First Trust Advisors LP now owns 36,465 shares of the company’s stock worth $1,184,000 after buying an additional 11,346 shares during the period. Finally, California State Teachers Retirement System increased its position in shares of Engility Holdings by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 33,272 shares of the company’s stock worth $1,081,000 after buying an additional 618 shares during the period.

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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