First Trust Advisors LP reduced its position in ManTech International Corporation (NASDAQ:MANT) by 59.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,714 shares of the technology company’s stock after selling 144,022 shares during the period. First Trust Advisors LP owned about 0.38% of ManTech International Corporation worth $4,270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. lifted its stake in shares of ManTech International Corporation by 43.6% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,888 shares of the technology company’s stock valued at $153,000 after purchasing an additional 1,181 shares during the period. GLG Partners LP acquired a new position in ManTech International Corporation during the second quarter worth $166,000. Public Employees Retirement System of Ohio raised its position in ManTech International Corporation by 5.5% during the second quarter. Public Employees Retirement System of Ohio now owns 4,576 shares of the technology company’s stock worth $189,000 after acquiring an additional 239 shares during the period. State of Alaska Department of Revenue raised its position 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 worth $209,000 after acquiring an additional 2,231 shares during the period. Finally, Neuberger Berman Group LLC acquired a new position in ManTech International Corporation during the second quarter worth $223,000. Hedge funds and other institutional investors own 61.87% of the company’s stock.

MANT has been the subject of a number of research analyst reports. Wells Fargo & Company upped their price objective on shares of ManTech International Corporation from $42.00 to $44.00 and gave the stock an “underperform” rating in a research report on Wednesday, October 25th. Cowen and Company restated a “buy” rating and set a $45.00 price objective on shares of ManTech International Corporation in a research report on Monday, August 21st. Zacks Investment Research cut shares of ManTech International Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. BidaskClub cut shares of ManTech International Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Finally, Maxim Group upped their price objective on shares of ManTech International Corporation from $47.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Four analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. ManTech International Corporation has an average rating of “Hold” and a consensus target price of $44.86.

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Shares of ManTech International Corporation (NASDAQ MANT) opened at $48.47 on Friday. ManTech International Corporation has a 1-year low of $33.50 and a 1-year high of $51.56. The stock has a market cap of $1,890.00, a price-to-earnings ratio of 31.72, a PEG ratio of 3.89 and a beta of 0.93.

ManTech International Corporation (NASDAQ:MANT) last released its earnings results on Wednesday, November 1st. The technology company reported $0.39 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.01. ManTech International Corporation had a net margin of 3.61% and a return on equity of 4.73%. The business had revenue of $422.70 million during the quarter, compared to analyst estimates of $427.44 million. During the same quarter in the prior year, the firm earned $0.38 earnings per share. The company’s revenue for the quarter was up 1.8% compared to the same quarter last year. analysts predict that ManTech International Corporation will post 1.56 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 8th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date is Thursday, December 7th. ManTech International Corporation’s payout ratio is 27.45%.

In other news, insider L. William Varner sold 47,500 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $48.52, for a total transaction of $2,304,700.00. Following the completion of the sale, the insider now owns 37,500 shares of the company’s stock, valued at $1,819,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Walter R. Fatzinger, Jr. sold 2,000 shares of the company’s stock in a transaction on Tuesday, September 12th. The stock was 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 of the company’s stock, valued at approximately $850,920. The disclosure for this sale can be found here. Insiders have sold 85,520 shares of company stock valued at $3,942,261 in the last ninety days. Insiders own 22.28% of the company’s stock.

ManTech International Corporation Company Profile

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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