US Bancorp DE reduced its stake in shares of ManTech International Corporation (NASDAQ:MANT) by 8.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,558 shares of the technology company’s stock after selling 1,920 shares during the period. US Bancorp DE’s holdings in ManTech International Corporation were worth $850,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in MANT. Sit Investment Associates Inc. boosted its position in shares of ManTech International Corporation by 3.9% in the second quarter. Sit Investment Associates Inc. now owns 10,650 shares of the technology company’s stock valued at $441,000 after buying an additional 400 shares during the last quarter. Aperio Group LLC boosted its position in shares of ManTech International Corporation by 2.8% in the second quarter. Aperio Group LLC now owns 11,843 shares of the technology company’s stock valued at $490,000 after buying an additional 317 shares during the last quarter. West Coast Financial LLC bought a new position in shares of ManTech International Corporation during the second quarter valued at about $211,000. Chevy Chase Trust Holdings Inc. boosted its position in shares of ManTech International Corporation by 16.4% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 21,325 shares of the technology company’s stock valued at $882,000 after buying an additional 3,000 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its position in shares of ManTech International Corporation by 79.1% in the second quarter. State of Alaska Department of Revenue now owns 5,051 shares of the technology company’s stock valued at $209,000 after buying an additional 2,231 shares during the last quarter. Institutional investors and hedge funds own 60.89% of the company’s stock.

ManTech International Corporation (NASDAQ MANT) traded down 0.60% during midday trading on Friday, reaching $39.47. The company had a trading volume of 35,611 shares. ManTech International Corporation has a 12 month low of $33.50 and a 12 month high of $45.52. The firm has a market capitalization of $1.53 billion, a PE ratio of 26.02 and a beta of 0.94. The firm’s 50-day moving average price is $39.95 and its 200 day moving average price is $38.07.

ManTech International Corporation (NASDAQ:MANT) last posted its earnings results on Wednesday, August 2nd. The technology company reported $0.40 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.03. ManTech International Corporation had a return on equity of 4.73% and a net margin of 3.59%. The company had revenue of $413.70 million for the quarter, compared to analyst estimates of $418.60 million. During the same period last year, the company earned $0.39 earnings per share. The business’s revenue was up 3.1% compared to the same quarter last year. Equities analysts anticipate that ManTech International Corporation will post $1.52 earnings per share for the current fiscal year.

The business also recently announced a Semi-Annual dividend, which will be paid on Friday, September 22nd. Shareholders of record on Friday, September 8th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a yield of 2.01%. ManTech International Corporation’s dividend payout ratio (DPR) is currently 27.63%.

COPYRIGHT VIOLATION NOTICE: This report was published by Daily Political and is the sole property of of Daily Political. If you are reading this report on another domain, it was copied illegally and republished in violation of U.S. and international copyright legislation. The legal version of this report can be read at https://www.dailypolitical.com/2017/08/11/us-bancorp-de-sells-1920-shares-of-mantech-international-corporation-mant.html.

Several equities analysts have recently issued reports on the company. BidaskClub cut ManTech International Corporation from a “hold” rating to a “sell” rating in a research note on Friday. Zacks Investment Research upgraded ManTech International Corporation from a “hold” rating to a “buy” rating and set a $45.00 price objective for the company in a research note on Saturday, August 5th. Noble Financial reiterated a “hold” rating on shares of ManTech International Corporation in a research note on Thursday, August 3rd. Maxim Group set a $44.00 price objective on ManTech International Corporation and gave the company a “buy” rating in a research note on Thursday, August 3rd. Finally, Loop Capital upgraded ManTech International Corporation from a “hold” rating to a “buy” rating and lifted their price objective for the company from $41.00 to $44.00 in a research note on Friday, June 30th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. ManTech International Corporation presently has a consensus rating of “Hold” and a consensus target price of $40.67.

In other ManTech International Corporation news, insider Daniel J. Keefe sold 9,989 shares of the firm’s stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $38.66, for a total transaction of $386,174.74. Following the transaction, the insider now directly owns 9,989 shares in the company, valued at $386,174.74. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Richard L. Armitage sold 3,000 shares of the firm’s stock in a transaction dated Friday, June 9th. The shares were sold at an average price of $40.01, for a total value of $120,030.00. Following the transaction, the director now owns 4,000 shares in the company, valued at $160,040. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 15,500 shares of company stock worth $603,431. Corporate insiders own 22.28% of the company’s stock.

ManTech International Corporation Company Profile

ManTech International Corporation provides technologies and solutions for national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veteran Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community, and other the United States Government customers.

Want to see what other hedge funds are holding MANT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ManTech International Corporation (NASDAQ:MANT).

Institutional Ownership by Quarter for ManTech International Corporation (NASDAQ:MANT)

Receive News & Ratings for ManTech International Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ManTech International Corporation and related companies with MarketBeat.com's FREE daily email newsletter.