Squarepoint Ops LLC boosted its position in shares of Science Applications International Corp (NYSE:SAIC) by 67.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 85,770 shares of the information technology services provider’s stock after acquiring an additional 34,457 shares during the period. Squarepoint Ops LLC owned 0.20% of Science Applications International worth $5,464,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the stock. Commonwealth Equity Services LLC lifted its position in Science Applications International by 4.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 4,677 shares of the information technology services provider’s stock valued at $297,000 after acquiring an additional 208 shares during the last quarter. Retirement Systems of Alabama raised its holdings in shares of Science Applications International by 0.6% in the fourth quarter. Retirement Systems of Alabama now owns 55,160 shares of the information technology services provider’s stock worth $3,514,000 after buying an additional 308 shares during the last quarter. Creative Planning raised its holdings in shares of Science Applications International by 2.4% in the fourth quarter. Creative Planning now owns 15,177 shares of the information technology services provider’s stock worth $967,000 after buying an additional 357 shares during the last quarter. Arizona State Retirement System raised its holdings in shares of Science Applications International by 1.3% in the fourth quarter. Arizona State Retirement System now owns 30,535 shares of the information technology services provider’s stock worth $1,945,000 after buying an additional 397 shares during the last quarter. Finally, Strs Ohio raised its holdings in shares of Science Applications International by 10.8% in the fourth quarter. Strs Ohio now owns 4,100 shares of the information technology services provider’s stock worth $261,000 after buying an additional 400 shares during the last quarter. 69.53% of the stock is owned by institutional investors.

SAIC has been the subject of a number of research analyst reports. Citigroup initiated coverage on shares of Science Applications International in a report on Tuesday, February 19th. They issued a “buy” rating for the company. Wells Fargo & Co reaffirmed a “hold” rating on shares of Science Applications International in a report on Friday, January 11th. Drexel Hamilton reaffirmed a “buy” rating and issued a $90.00 price target on shares of Science Applications International in a report on Thursday, January 24th. Zacks Investment Research raised shares of Science Applications International from a “hold” rating to a “buy” rating and set a $71.00 price target for the company in a report on Thursday, January 17th. Finally, ValuEngine raised shares of Science Applications International from a “sell” rating to a “hold” rating in a report on Tuesday, February 5th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Science Applications International currently has an average rating of “Hold” and a consensus target price of $84.29.

NYSE:SAIC opened at $70.99 on Monday. The firm has a market capitalization of $3.02 billion, a PE ratio of 20.11, a price-to-earnings-growth ratio of 2.68 and a beta of 1.56. Science Applications International Corp has a 1-year low of $58.19 and a 1-year high of $93.31. The company has a current ratio of 1.57, a quick ratio of 1.40 and a debt-to-equity ratio of 2.50.

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About Science Applications International

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. Its offerings include engineering; technology and equipment platform integration; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure.

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Institutional Ownership by Quarter for Science Applications International (NYSE:SAIC)

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