Public Sector Pension investment Board lessened its holdings in Engility Holdings, Inc. (NYSE:EGL) by 28.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,176 shares of the aerospace company’s stock after selling 3,600 shares during the period. Public Sector Pension investment Board’s holdings in Engility Holdings were worth $261,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. BlackRock Inc. boosted its position in shares of Engility Holdings by 7.4% in the second quarter. BlackRock Inc. now owns 3,314,730 shares of the aerospace company’s stock worth $94,140,000 after buying an additional 228,635 shares during the period. FMR LLC boosted its position in shares of Engility Holdings by 3.8% in the first quarter. FMR LLC now owns 3,047,933 shares of the aerospace company’s stock worth $88,207,000 after buying an additional 111,000 shares during the period. Victory Capital Management Inc. boosted its position in shares of Engility Holdings by 6.2% in the second quarter. Victory Capital Management Inc. now owns 1,120,356 shares of the aerospace company’s stock worth $31,818,000 after buying an additional 65,803 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Engility Holdings by 3.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,070,804 shares of the aerospace company’s stock worth $30,988,000 after buying an additional 35,252 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of Engility Holdings by 7.8% in the first quarter. Vanguard Group Inc. now owns 932,241 shares of the aerospace company’s stock worth $26,979,000 after buying an additional 67,833 shares during the period. 92.56% of the stock is owned by institutional investors and hedge funds.

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In related news, SVP Thomas O. Miiller sold 8,000 shares of the company’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $31.06, for a total value of $248,480.00. Following the completion of the transaction, the senior vice president now directly owns 14,637 shares of the company’s stock, valued at approximately $454,625.22. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director William G. Tobin sold 3,000 shares of the company’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $30.82, for a total transaction of $92,460.00. Following the completion of the transaction, the director now directly owns 6,290 shares of the company’s stock, valued at $193,857.80. The disclosure for this sale can be found here. 0.41% of the stock is owned by corporate insiders.

Several brokerages have recently commented on EGL. Jefferies Group LLC reaffirmed a “buy” rating and issued a $37.00 target price on shares of Engility Holdings in a research report on Friday, October 6th. Noble Financial cut Engility Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. ValuEngine raised Engility Holdings from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. Cowen and Company reaffirmed a “hold” rating and issued a $36.00 target price on shares of Engility Holdings in a research report on Wednesday, September 20th. Finally, FBR & Co reaffirmed a “buy” rating and issued a $40.00 target price on shares of Engility Holdings in a research report on Saturday, August 19th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. Engility Holdings has an average rating of “Hold” and a consensus target price of $35.67.

Shares of Engility Holdings, Inc. (NYSE:EGL) opened at 34.74 on Friday. Engility Holdings, Inc. has a 52-week low of $25.70 and a 52-week high of $39.16. The firm has a market cap of $1.28 billion, a PE ratio of 284.75 and a beta of 2.06. The company’s 50-day moving average price is $32.47 and its 200-day moving average price is $29.54.

Engility Holdings (NYSE:EGL) last released its quarterly earnings data on Thursday, August 3rd. The aerospace company reported $0.60 EPS for the quarter, beating the Zacks’ 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 business 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 firm’s quarterly revenue was down 7.6% on a year-over-year basis. Equities analysts expect that Engility Holdings, Inc. will post ($0.29) earnings per share for the current fiscal year.

Engility Holdings Profile

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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Institutional Ownership by Quarter for Engility Holdings (NYSE:EGL)

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