Shares of Engility Holdings Inc. (NYSE:EGL) fell 2.8% during mid-day trading on Tuesday . The stock traded as low as $30.98 and last traded at $31.50, with a volume of 80,872 shares changing hands. The stock had previously closed at $32.42.

A number of equities analysts have weighed in on the stock. Jefferies Group upped their price objective on shares of Engility Holdings from $27.00 to $37.00 and gave the company a “buy” rating in a research report on Friday, August 5th. Stifel Nicolaus upped their price objective on shares of Engility Holdings from $34.00 to $36.00 and gave the company a “buy” rating in a research report on Tuesday. TheStreet raised shares of Engility Holdings from a “sell” rating to a “hold” rating in a research report on Monday, August 8th. Zacks Investment Research raised shares of Engility Holdings from a “hold” rating to a “strong-buy” rating and set a $34.00 price objective for the company in a research report on Tuesday, July 26th. Finally, FBR & Co upped their price objective on shares of Engility Holdings from $25.00 to $35.00 and gave the company an “outperform” rating in a research report on Tuesday, July 26th. Three equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Engility Holdings currently has a consensus rating of “Buy” and a consensus target price of $29.88.

The company’s market cap is $1.15 billion. The company has a 50-day moving average of $27.15 and a 200 day moving average of $20.85.

Engility Holdings (NYSE:EGL) last issued its earnings results on Monday, August 1st. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.06. During the same period last year, the business earned $0.51 EPS. The company had revenue of $535 million for the quarter, compared to analyst estimates of $519.69 million. The company’s quarterly revenue was down 6.9% on a year-over-year basis. Equities analysts forecast that Engility Holdings Inc. will post $1.28 EPS for the current fiscal year.

In other Engility Holdings news, CAO Richard B. Harkey sold 4,506 shares of Engility Holdings stock in a transaction on Friday, June 3rd. The shares were sold at an average price of $23.16, for a total transaction of $104,358.96. Following the completion of the sale, the chief accounting officer now owns 2,608 shares of the company’s stock, valued at approximately $60,401.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

An institutional investor recently raised its position in Engility Holdings stock. First Trust Advisors LP raised its position in shares of Engility Holdings Inc. (NYSE:EGL) by 45.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,465 shares of the company’s stock after buying an additional 11,346 shares during the period. First Trust Advisors LP owned 0.10% of Engility Holdings worth $1,184,000 at the end of the most recent quarter.

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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