Engility Holdings, Inc. (NYSE:EGL) Director William G. Tobin sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $30.82, for a total transaction of $92,460.00. Following the transaction, the director now directly owns 6,290 shares of the company’s stock, valued at approximately $193,857.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of Engility Holdings, Inc. (NYSE EGL) traded up 1.13% during midday trading on Friday, hitting $31.42. 77,313 shares of the company traded hands. Engility Holdings, Inc. has a 52 week low of $25.70 and a 52 week high of $39.16. The company has a 50-day moving average price of $29.94 and a 200-day moving average price of $28.99. The stock has a market capitalization of $1.16 billion, a P/E ratio of 257.54 and a beta of 2.10.

Engility Holdings (NYSE:EGL) last announced its quarterly earnings results on Thursday, August 3rd. The aerospace company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.09. Engility Holdings had a net margin of 0.22% and a return on equity of 11.49%. The firm had revenue of $494.70 million during the quarter, compared to analysts’ expectations of $504.44 million. During the same quarter in the prior year, the company earned $0.34 EPS. The company’s revenue was down 7.6% compared to the same quarter last year. Analysts anticipate that Engility Holdings, Inc. will post ($0.29) earnings per share for the current fiscal year.

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A number of large investors have recently bought and sold shares of EGL. Teachers Advisors LLC boosted its stake in Engility Holdings by 24.7% in the fourth quarter. Teachers Advisors LLC now owns 35,859 shares of the aerospace company’s stock worth $1,208,000 after buying an additional 7,107 shares during the last quarter. Louisiana State Employees Retirement System boosted its stake in 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 worth $208,000 after buying an additional 100 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in Engility Holdings by 1.9% in the first quarter. Russell Investments Group Ltd. now owns 38,012 shares of the aerospace company’s stock worth $1,100,000 after buying an additional 724 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Engility Holdings by 1.0% in the first quarter. Wells Fargo & Company MN now owns 13,104 shares of the aerospace company’s stock worth $379,000 after buying an additional 135 shares during the last quarter. Finally, Great West Life Assurance Co. Can boosted its stake in Engility Holdings by 5.0% in the first quarter. Great West Life Assurance Co. Can now owns 24,261 shares of the aerospace company’s stock worth $701,000 after buying an additional 1,157 shares during the last quarter. 92.59% of the stock is owned by institutional investors.

A number of brokerages have weighed in on EGL. Noble Financial reaffirmed a “buy” rating on shares of Engility Holdings in a research note on Saturday, June 17th. Maxim Group reaffirmed a “hold” rating on shares of Engility Holdings in a research note on Thursday, August 3rd. Zacks Investment Research raised shares of Engility Holdings from a “sell” rating to a “hold” rating and set a $35.00 target price for the company in a research note on Monday, August 7th. Cowen and Company reaffirmed a “hold” rating and set a $36.00 target price on shares of Engility Holdings in a research note on Friday, May 5th. Finally, BidaskClub downgraded shares of Engility Holdings from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $35.40.

About Engility Holdings

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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