Axa lowered its stake in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) by 37.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,105 shares of the information technology services provider’s stock after selling 7,285 shares during the quarter. Axa’s holdings in SCIENCE APPLICATIONS INTERNATIONAL CORPORATION were worth $840,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of SAIC. Great West Life Assurance Co. Can increased its holdings in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 1.9% during the first quarter. Great West Life Assurance Co. Can now owns 25,975 shares of the information technology services provider’s stock valued at $1,931,000 after acquiring an additional 475 shares in the last quarter. UBS Asset Management Americas Inc. increased its holdings in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 20.9% during the first quarter. UBS Asset Management Americas Inc. now owns 24,029 shares of the information technology services provider’s stock valued at $1,788,000 after acquiring an additional 4,158 shares in the last quarter. Meadow Creek Investment Management LLC increased its holdings in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 11.8% during the first quarter. Meadow Creek Investment Management LLC now owns 2,380 shares of the information technology services provider’s stock valued at $177,000 after acquiring an additional 252 shares in the last quarter. Karp Capital Management Corp acquired a new position in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION during the first quarter valued at about $1,516,000. Finally, Sei Investments Co. increased its holdings in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 2.9% during the first quarter. Sei Investments Co. now owns 1,385 shares of the information technology services provider’s stock valued at $103,000 after acquiring an additional 39 shares in the last quarter. Hedge funds and other institutional investors own 64.42% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) Stake Lessened by Axa” was originally published by Daily Political and is owned by of Daily Political. If you are accessing this piece of content on another publication, it was stolen and republished in violation of US and international copyright and trademark laws. The correct version of this piece of content can be read at https://www.dailypolitical.com/2017/09/24/science-applications-international-corporation-saic-stake-lessened-by-axa.html.

In other SCIENCE APPLICATIONS INTERNATIONAL CORPORATION news, insider Douglas Martin Wagoner sold 3,476 shares of the business’s stock in a transaction that occurred on Monday, June 26th. The stock was sold at an average price of $70.50, for a total value of $245,058.00. Following the completion of the sale, the insider now owns 106,147 shares in the company, valued at $7,483,363.50. The sale was disclosed in a document filed with the SEC, which is available through this link. 2.28% of the stock is currently owned by insiders.

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) opened at 64.67 on Friday. The firm has a market cap of $2.80 billion, a P/E ratio of 18.06 and a beta of 1.64. The company has a 50-day moving average of $69.46 and a 200 day moving average of $73.82. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION has a one year low of $60.21 and a one year high of $89.87.

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) last issued its quarterly earnings data on Thursday, September 7th. The information technology services provider reported $0.89 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.91 by ($0.02). SCIENCE APPLICATIONS INTERNATIONAL CORPORATION had a net margin of 3.77% and a return on equity of 48.69%. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the prior year, the firm posted $0.85 EPS. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION’s quarterly revenue was down 1.6% compared to the same quarter last year. Equities research analysts expect that SCIENCE APPLICATIONS INTERNATIONAL CORPORATION will post $3.61 earnings per share for the current fiscal year.

Several research firms have recently issued reports on SAIC. Jefferies Group LLC restated a “hold” rating and set a $66.00 price objective on shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION in a report on Friday, July 14th. Zacks Investment Research downgraded shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “hold” rating to a “sell” rating in a report on Wednesday, August 16th. ValuEngine downgraded shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “buy” rating to a “hold” rating in a report on Tuesday, June 13th. Wells Fargo & Company restated a “market perform” rating and set a $75.00 price objective (down previously from $80.00) on shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION in a report on Tuesday, June 13th. Finally, Seaport Global Securities restated a “buy” rating and set a $80.00 price objective (down previously from $83.00) on shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION in a report on Friday, September 8th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION currently has an average rating of “Hold” and an average price target of $80.00.

About SCIENCE APPLICATIONS INTERNATIONAL CORPORATION

Science Applications International Corporation (SAIC) is a provider of technical, engineering and enterprise information technology (IT) services. The Company provides its services primarily to the United States Government, including the Department of Defense (DoD), the intelligence community and federal civilian agencies.

Want to see what other hedge funds are holding SAIC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC).

Institutional Ownership by Quarter for SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC)

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