Royal Bank of Canada lowered its position in ManTech International Corporation (NASDAQ:MANT) by 18.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,445 shares of the technology company’s stock after selling 1,206 shares during the quarter. Royal Bank of Canada’s holdings in ManTech International Corporation were worth $226,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the business. BlackRock Inc. increased its stake in shares of ManTech International Corporation by 6.8% in the second quarter. BlackRock Inc. now owns 3,964,424 shares of the technology company’s stock valued at $164,049,000 after purchasing an additional 252,770 shares during the period. Vanguard Group Inc. increased its stake in shares of ManTech International Corporation by 9.5% in the first quarter. Vanguard Group Inc. now owns 2,707,606 shares of the technology company’s stock valued at $93,765,000 after purchasing an additional 234,114 shares during the period. Northern Trust Corp increased its stake in shares of ManTech International Corporation by 31.5% in the second quarter. Northern Trust Corp now owns 732,890 shares of the technology company’s stock valued at $30,327,000 after purchasing an additional 175,453 shares during the period. State Street Corp increased its stake in shares of ManTech International Corporation by 5.7% in the first quarter. State Street Corp now owns 639,108 shares of the technology company’s stock valued at $22,130,000 after purchasing an additional 34,486 shares during the period. Finally, Denver Investment Advisors LLC increased its stake in shares of ManTech International Corporation by 37.7% in the second quarter. Denver Investment Advisors LLC now owns 467,771 shares of the technology company’s stock valued at $19,356,000 after purchasing an additional 128,009 shares during the period. Institutional investors own 61.63% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Royal Bank of Canada Has $226,000 Holdings in ManTech International Corporation (MANT)” was first reported by Daily Political and is the property of of Daily Political. If you are reading this piece of content on another domain, it was stolen and reposted in violation of US & international trademark & copyright laws. The correct version of this piece of content can be viewed at https://www.dailypolitical.com/2017/11/23/royal-bank-of-canada-has-226000-holdings-in-mantech-international-corporation-mant.html.

A number of research firms recently commented on MANT. Zacks Investment Research lowered shares of ManTech International Corporation from a “buy” rating to a “hold” rating and set a $49.00 price objective on the stock. in a research note on Friday, September 29th. Noble Financial reiterated a “hold” rating on shares of ManTech International Corporation in a research note on Thursday, August 3rd. Maxim Group reiterated a “buy” rating and set a $47.00 price objective (up previously from $44.00) on shares of ManTech International Corporation in a research note on Wednesday, September 20th. BidaskClub upgraded shares of ManTech International Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Finally, Jefferies Group LLC reiterated a “sell” rating on shares of ManTech International Corporation in a research note on Friday, August 18th. Four investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. ManTech International Corporation has an average rating of “Hold” and an average target price of $44.86.

In related news, insider Daniel J. Keefe sold 6,500 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $49.85, for a total transaction of $324,025.00. Following the completion of the sale, the insider now directly owns 6,500 shares in the company, valued at $324,025. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Walter R. Fatzinger, Jr. sold 2,000 shares of the firm’s stock in a transaction that occurred 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 owns 21,000 shares of the company’s stock, valued at $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 over the last 90 days. 22.28% of the stock is currently owned by insiders.

ManTech International Corporation (NASDAQ MANT) opened at $49.28 on Thursday. The company has a market cap of $1,943.80, a P/E ratio of 32.58, a P/E/G ratio of 3.99 and a beta of 0.93. ManTech International Corporation has a 12 month low of $33.50 and a 12 month high of $51.56.

ManTech International Corporation (NASDAQ:MANT) last issued its earnings results on Wednesday, November 1st. The technology company reported $0.39 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.01. The firm had revenue of $422.70 million during the quarter, compared to analysts’ expectations of $427.44 million. ManTech International Corporation had a net margin of 3.61% and a return on equity of 4.73%. The firm’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period last year, the firm posted $0.38 earnings per share. research analysts expect 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. Investors 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 yield of 1.70%. The ex-dividend date of this dividend is Thursday, December 7th. ManTech International Corporation’s payout ratio is 27.45%.

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.

Want to see what other hedge funds are holding MANT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ManTech International Corporation (NASDAQ:MANT).

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.