Orbital ATK Inc. (NYSE:OA) saw an uptick in trading volume on Tuesday . 847,078 shares were traded during mid-day trading, an increase of 112% from the previous session’s volume of 399,546 shares.The stock last traded at $88.77 and had previously closed at $87.30.

Several brokerages have commented on OA. Argus restated a “buy” rating on shares of Orbital ATK in a report on Wednesday, May 25th. TheStreet downgraded shares of Orbital ATK to a “hold” rating in a research note on Thursday, May 26th. Zacks Investment Research downgraded shares of Orbital ATK from a “buy” rating to a “hold” rating in a research note on Thursday, July 21st. Jefferies Group reaffirmed a “buy” rating on shares of Orbital ATK in a research note on Friday, August 5th. Finally, Cowen and Company raised their target price on shares of Orbital ATK from $90.00 to $93.00 and gave the company an “outperform” rating in a research note on Tuesday, April 12th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $100.30.

The stock has a market capitalization of $5.20 billion and a P/E ratio of 16.55. The firm’s 50 day moving average is $86.15 and its 200 day moving average is $85.88.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 22nd. Shareholders of record on Wednesday, September 7th will be given a $0.30 dividend. The ex-dividend date is Friday, September 2nd. This represents a $1.20 annualized dividend and a yield of 1.35%.

In other Orbital ATK news, CEO David W. Thompson sold 5,000 shares of the business’s stock in a transaction dated Tuesday, May 17th. The shares were sold at an average price of $87.02, for a total value of $435,100.00. Following the completion of the sale, the chief executive officer now directly owns 102,255 shares of the company’s stock, valued at approximately $8,898,230.10. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Frank L. Jr. Culbertson sold 550 shares of the business’s stock in a transaction dated Thursday, June 2nd. The shares were sold at an average price of $88.76, for a total transaction of $48,818.00. Following the completion of the sale, the executive vice president now directly owns 26,002 shares of the company’s stock, valued at $2,307,937.52. The disclosure for this sale can be found here.

Several large investors have made changes to their positions in the company. Freestone Capital Holdings LLC boosted its stake in shares of Orbital ATK by 18.5% in the fourth quarter. Freestone Capital Holdings LLC now owns 13,342 shares of the company’s stock valued at $1,192,000 after buying an additional 2,086 shares during the last quarter. GSA Capital Partners LLP boosted its stake in shares of Orbital ATK by 89.5% in the fourth quarter. GSA Capital Partners LLP now owns 13,347 shares of the company’s stock valued at $1,192,000 after buying an additional 6,304 shares during the last quarter. WBI Investments Inc. acquired a new stake in shares of Orbital ATK during the fourth quarter valued at $1,591,000. Globeflex Capital L P acquired a new stake in shares of Orbital ATK during the fourth quarter valued at $1,727,000. Finally, I.G. Investment Management LTD. boosted its stake in shares of Orbital ATK by 6.2% in the fourth quarter. I.G. Investment Management LTD. now owns 26,570 shares of the company’s stock valued at $2,374,000 after buying an additional 1,554 shares during the last quarter.

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