Systematic Financial Management LP trimmed its stake in shares of ManTech International Corporation (NASDAQ:MANT) by 3.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,345 shares of the technology company’s stock after selling 1,790 shares during the period. Systematic Financial Management LP owned 0.12% of ManTech International Corporation worth $1,876,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of MANT. Mason Street Advisors LLC lifted its holdings in ManTech International Corporation by 7.9% during the first quarter. Mason Street Advisors LLC now owns 5,976 shares of the technology company’s stock valued at $207,000 after purchasing an additional 436 shares in the last quarter. State of Alaska Department of Revenue lifted its holdings in ManTech International Corporation by 79.1% during 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 purchasing an additional 2,231 shares in the last quarter. West Coast Financial LLC purchased a new position in ManTech International Corporation during the second quarter valued at $211,000. Neuberger Berman Group LLC purchased a new position in ManTech International Corporation during the second quarter valued at $223,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in ManTech International Corporation by 43.4% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,783 shares of the technology company’s stock valued at $235,000 after purchasing an additional 2,053 shares in the last quarter. 62.41% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have issued reports on MANT shares. Jefferies Group LLC reaffirmed a “sell” rating on shares of ManTech International Corporation in a report on Friday, August 18th. Zacks Investment Research downgraded shares of ManTech International Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. BidaskClub raised shares of ManTech International Corporation from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Cowen and Company raised shares of ManTech International Corporation from a “market perform” rating to an “outperform” rating and set a $45.00 price objective on the stock in a report on Friday, June 2nd. Finally, Noble Financial reaffirmed a “hold” rating on shares of ManTech International Corporation in a report on Thursday, August 3rd. Three analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $40.67.

In other ManTech International Corporation news, Director Walter R. Fatzinger, Jr. sold 2,000 shares of the business’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $40.52, for a total transaction of $81,040.00. Following the sale, the director now directly owns 21,000 shares in the company, valued at approximately $850,920. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 22.28% of the stock is currently owned by insiders.

Shares of ManTech International Corporation (NASDAQ MANT) opened at 40.56 on Thursday. 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 $1.58 billion, a PE ratio of 26.74 and a beta of 0.94. The stock has a 50 day moving average of $39.59 and a 200-day moving average of $38.08.

ManTech International Corporation (NASDAQ:MANT) last issued its earnings results on Wednesday, August 2nd. The technology company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.37 by $0.03. The company had revenue of $413.70 million for the quarter, compared to analyst estimates of $418.60 million. ManTech International Corporation had a net margin of 3.59% and a return on equity of 4.73%. The business’s revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.39 EPS. On average, equities research analysts anticipate that ManTech International Corporation will post $1.52 EPS 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 given a dividend of $0.21 per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a dividend yield of 2.01%. ManTech International Corporation’s payout ratio is currently 27.63%.

TRADEMARK VIOLATION WARNING: “ManTech International Corporation (MANT) Holdings Cut by Systematic Financial Management LP” was first reported by Daily Political and is owned by of Daily Political. If you are viewing this report on another website, it was copied illegally and republished in violation of United States and international copyright law. The correct version of this report can be viewed at https://www.dailypolitical.com/2017/09/14/mantech-international-corporation-mant-holdings-cut-by-systematic-financial-management-lp.html.

About ManTech International Corporation

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.

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.