Allianz Asset Management GmbH Acquires 54,934 Shares of CSRA Inc (CSRA)
Allianz Asset Management GmbH boosted its holdings in shares of CSRA Inc (NYSE:CSRA) by 5.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,122,524 shares of the technology company’s stock after buying an additional 54,934 shares during the quarter. Allianz Asset Management GmbH’s holdings in CSRA were worth $33,585,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Amalgamated Bank lifted its holdings in CSRA by 5.3% during the fourth quarter. Amalgamated Bank now owns 34,952 shares of the technology company’s stock valued at $1,046,000 after purchasing an additional 1,744 shares in the last quarter. Mackenzie Financial Corp purchased a new position in CSRA during the fourth quarter valued at approximately $8,674,000. Ascend Capital LLC lifted its holdings in CSRA by 27.0% during the fourth quarter. Ascend Capital LLC now owns 1,081,375 shares of the technology company’s stock valued at $32,354,000 after purchasing an additional 230,151 shares in the last quarter. Fort L.P. purchased a new position in CSRA during the fourth quarter valued at approximately $1,141,000. Finally, Fuller & Thaler Asset Management Inc. purchased a new position in CSRA during the fourth quarter valued at approximately $3,803,000. Institutional investors own 95.02% of the company’s stock.
CSRA Inc (NYSE CSRA) opened at $40.53 on Monday. CSRA Inc has a 1-year low of $27.38 and a 1-year high of $40.84. The company has a debt-to-equity ratio of 4.39, a current ratio of 1.04 and a quick ratio of 1.04. The company has a market cap of $6,643.92, a price-to-earnings ratio of 17.70, a PEG ratio of 2.09 and a beta of 0.92.
CSRA has been the topic of several analyst reports. Loop Capital downgraded shares of CSRA from a “buy” rating to a “hold” rating and set a $36.00 price target on the stock. in a report on Thursday, February 15th. SunTrust Banks downgraded shares of CSRA from a “buy” rating to a “hold” rating and set a $40.75 price target on the stock. in a report on Wednesday, February 14th. Wells Fargo & Co downgraded shares of CSRA from an “outperform” rating to a “market perform” rating and set a $42.00 price target on the stock. in a report on Monday, February 12th. Cowen reaffirmed a “hold” rating and set a $35.00 price target on shares of CSRA in a report on Wednesday, February 7th. Finally, Stifel Nicolaus downgraded shares of CSRA from a “buy” rating to a “hold” rating in a report on Monday, February 12th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $36.88.
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CSRA Company Profile
CSRA Inc is a provider of information technology services to the United States federal government. The Company operates through two segments: Defense and Intelligence, and Civil. The Defense and Intelligence segment provides services to the Department of Defense (DoD), National Security Agency, branches of the Armed Forces, and other DoD and Intelligence agencies.
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