Municipal Employees Retirement System of Michigan held its position in shares of Engility Holdings, Inc. (NYSE:EGL) during the first quarter, according to its most recent filing with the SEC. The firm owned 4,010 shares of the aerospace company’s stock at the end of the first quarter. Municipal Employees Retirement System of Michigan’s holdings in Engility Holdings were worth $116,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of EGL. Federated Investors Inc. PA boosted its position in shares of Engility Holdings by 152.2% in the fourth quarter. Federated Investors Inc. PA now owns 2,991 shares of the aerospace company’s stock valued at $101,000 after buying an additional 1,805 shares during the period. Mason Street Advisors LLC boosted its position in shares of Engility Holdings by 7.0% in the first quarter. Mason Street Advisors LLC now owns 4,128 shares of the aerospace company’s stock valued at $119,000 after buying an additional 271 shares during the period. Teachers Retirement System of The State of Kentucky boosted its position in shares of Engility Holdings by 33.3% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 5,200 shares of the aerospace company’s stock valued at $175,000 after buying an additional 1,300 shares during the period. Louisiana State Employees Retirement System boosted its position in shares of Engility Holdings by 1.4% in the first quarter. Louisiana State Employees Retirement System now owns 7,200 shares of the aerospace company’s stock valued at $208,000 after buying an additional 100 shares during the period. Finally, TFS Capital LLC acquired a new position in shares of Engility Holdings during the first quarter valued at $245,000. Hedge funds and other institutional investors own 92.00% of the company’s stock.

Shares of Engility Holdings, Inc. (NYSE:EGL) opened at 29.68 on Friday. The stock’s market capitalization is $1.09 billion. The firm’s 50-day moving average is $27.62 and its 200-day moving average is $29.73. Engility Holdings, Inc. has a one year low of $21.16 and a one year high of $39.16.

Engility Holdings (NYSE:EGL) last announced its earnings results on Thursday, May 4th. The aerospace company reported $0.55 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.15. The business had revenue of $485.22 million during the quarter, compared to the consensus estimate of $473.42 million. Engility Holdings had a positive return on equity of 10.19% and a negative net margin of 0.03%. The business’s quarterly revenue was down 7.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.24 EPS. Equities research analysts forecast that Engility Holdings, Inc. will post ($0.29) EPS for the current year.

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Several equities analysts have recently weighed in on EGL shares. Noble Financial reiterated a “buy” rating on shares of Engility Holdings in a research note on Saturday, May 6th. BidaskClub upgraded shares of Engility Holdings from a “hold” rating to a “buy” rating in a research note on Wednesday, June 14th. TheStreet upgraded shares of Engility Holdings from a “d+” rating to a “c-” rating in a research note on Tuesday, March 21st. Finally, Cowen and Company restated a “hold” rating on shares of Engility Holdings in a research note on Tuesday, July 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $34.88.

Engility Holdings 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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Institutional Ownership by Quarter for Engility Holdings (NYSE:EGL)

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