Science Applications International Co. (NYSE:SAIC) Shares Bought by Seizert Capital Partners LLC

Seizert Capital Partners LLC lifted its position in shares of Science Applications International Co. (NYSE:SAIC) by 25.1% during the fourth quarter, HoldingsChannel reports. The firm owned 48,554 shares of the information technology services provider’s stock after purchasing an additional 9,751 shares during the quarter. Seizert Capital Partners LLC’s holdings in Science Applications International were worth $5,427,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in SAIC. Atria Investments Inc raised its position in shares of Science Applications International by 17.8% in the 4th quarter. Atria Investments Inc now owns 3,544 shares of the information technology services provider’s stock valued at $396,000 after purchasing an additional 535 shares in the last quarter. Assetmark Inc. grew its stake in Science Applications International by 1.0% in the fourth quarter. Assetmark Inc. now owns 225,733 shares of the information technology services provider’s stock worth $25,232,000 after purchasing an additional 2,225 shares in the last quarter. Triad Wealth Partners LLC bought a new stake in Science Applications International in the fourth quarter valued at about $208,000. Victory Capital Management Inc. lifted its holdings in Science Applications International by 851.8% during the 4th quarter. Victory Capital Management Inc. now owns 148,588 shares of the information technology services provider’s stock worth $16,609,000 after buying an additional 132,976 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in shares of Science Applications International by 32.3% in the 4th quarter. Jones Financial Companies Lllp now owns 639 shares of the information technology services provider’s stock valued at $71,000 after acquiring an additional 156 shares during the last quarter. 76.00% of the stock is owned by institutional investors and hedge funds.

Science Applications International Stock Up 5.5 %

SAIC stock opened at $101.03 on Wednesday. The firm has a market cap of $4.94 billion, a PE ratio of 17.04 and a beta of 0.66. Science Applications International Co. has a 1 year low of $94.68 and a 1 year high of $156.34. The company has a fifty day simple moving average of $108.39 and a 200 day simple moving average of $124.32. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.20.

Science Applications International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 10th were issued a $0.37 dividend. The ex-dividend date was Friday, January 10th. This represents a $1.48 annualized dividend and a yield of 1.46%. Science Applications International’s dividend payout ratio (DPR) is presently 24.96%.

Insider Activity

In other news, EVP Barbara Supplee acquired 425 shares of Science Applications International stock in a transaction on Wednesday, December 11th. The stock was bought at an average price of $116.36 per share, for a total transaction of $49,453.00. Following the transaction, the executive vice president now owns 3,579 shares of the company’s stock, valued at $416,452.44. The trade was a 13.47 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Katharina G. Mcfarland sold 3,239 shares of the company’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $117.70, for a total value of $381,230.30. Following the completion of the transaction, the director now owns 6,864 shares of the company’s stock, valued at $807,892.80. The trade was a 32.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

SAIC has been the topic of several research analyst reports. UBS Group began coverage on Science Applications International in a research note on Monday, December 2nd. They set a “neutral” rating and a $134.00 price objective on the stock. StockNews.com raised Science Applications International from a “buy” rating to a “strong-buy” rating in a report on Wednesday, December 18th. The Goldman Sachs Group dropped their target price on Science Applications International from $124.00 to $103.00 and set a “sell” rating on the stock in a research report on Thursday, December 12th. Wells Fargo & Company dropped their price objective on shares of Science Applications International from $149.00 to $139.00 and set an “overweight” rating on the stock in a report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. lowered their target price on Science Applications International from $170.00 to $148.00 and set an “overweight” rating on the stock in a research report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Science Applications International has a consensus rating of “Hold” and a consensus target price of $136.11.

Science Applications International Company Profile

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support design, build, modify, integrate, and sustain weapon systems; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as training and simulation and ground vehicles support which integrates, modify, upgrades, and sustains ground vehicles for nation's armed forces.