Axa increased its position in shares of ManTech International Corporation (NASDAQ:MANT) by 473.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 112,474 shares of the technology company’s stock after purchasing an additional 92,874 shares during the quarter. Axa owned 0.29% of ManTech International Corporation worth $4,654,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of MANT. Teachers Advisors LLC raised its holdings in ManTech International Corporation by 3.2% during the fourth quarter. Teachers Advisors LLC now owns 39,336 shares of the technology company’s stock worth $1,662,000 after purchasing an additional 1,217 shares during the last quarter. Louisiana State Employees Retirement System grew its position in shares of ManTech International Corporation by 2.0% in the first quarter. Louisiana State Employees Retirement System now owns 10,400 shares of the technology company’s stock valued at $360,000 after purchasing an additional 200 shares during the period. Nationwide Fund Advisors grew its position in shares of ManTech International Corporation by 2.1% in the first quarter. Nationwide Fund Advisors now owns 32,473 shares of the technology company’s stock valued at $1,125,000 after purchasing an additional 671 shares during the period. Wells Fargo & Company MN grew its position in shares of ManTech International Corporation by 2.0% in the first quarter. Wells Fargo & Company MN now owns 126,327 shares of the technology company’s stock valued at $4,375,000 after purchasing an additional 2,537 shares during the period. Finally, Great West Life Assurance Co. Can grew its position in shares of ManTech International Corporation by 4.4% in the first quarter. Great West Life Assurance Co. Can now owns 36,320 shares of the technology company’s stock valued at $1,257,000 after purchasing an additional 1,547 shares during the period. 62.41% of the stock is owned by hedge funds and other institutional investors.

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ManTech International Corporation (MANT) opened at 39.69 on Friday. ManTech International Corporation has a 1-year low of $33.50 and a 1-year high of $45.52. The company has a 50 day moving average price of $39.69 and a 200 day moving average price of $38.14. The firm has a market cap of $1.54 billion, a PE ratio of 26.16 and a beta of 0.94.

ManTech International Corporation (NASDAQ:MANT) last announced its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.03. The firm had revenue of $413.70 million during the quarter, compared to analysts’ expectations of $418.60 million. ManTech International Corporation had a net margin of 3.59% and a return on equity of 4.73%. The company’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.39 earnings per share. On average, equities research analysts forecast that ManTech International Corporation will post $1.52 earnings per share for the current year.

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

In other news, Director Walter R. Fatzinger, Jr. sold 2,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director now owns 21,000 shares of the company’s stock, valued at $850,920. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Mary K. Bush sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $40.39, for a total transaction of $100,975.00. Following the sale, the director now directly owns 8,540 shares of the company’s stock, valued at approximately $344,930.60. The disclosure for this sale can be found here. 22.28% of the stock is owned by company insiders.

A number of equities research analysts have recently commented on MANT shares. Maxim Group set a $44.00 price objective on ManTech International Corporation and gave the company a “buy” rating in a research report on Thursday, August 3rd. Loop Capital upgraded ManTech International Corporation from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $41.00 to $44.00 in a research note on Friday, June 30th. Cowen and Company restated a “buy” rating and set a $45.00 price objective on shares of ManTech International Corporation in a research note on Monday, August 21st. Zacks Investment Research upgraded ManTech International Corporation from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a research note on Saturday, August 5th. Finally, Noble Financial restated a “hold” rating on shares of ManTech International Corporation in a research note on Thursday, August 3rd. Three analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. ManTech International Corporation has an average rating of “Hold” and an average target price of $40.67.

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)

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