Science Applications International Co. (NYSE:SAIC) Stock Holdings Lifted by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. increased its holdings in Science Applications International Co. (NYSE:SAIC) by 6.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 18,217 shares of the information technology services provider’s stock after buying an additional 1,059 shares during the period. GHP Investment Advisors Inc.’s holdings in Science Applications International were worth $2,036,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Cetera Investment Advisers boosted its stake in Science Applications International by 0.5% in the second quarter. Cetera Investment Advisers now owns 19,060 shares of the information technology services provider’s stock valued at $2,240,000 after acquiring an additional 87 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its position in Science Applications International by 4.8% during the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 2,186 shares of the information technology services provider’s stock valued at $244,000 after purchasing an additional 100 shares during the period. Brookstone Capital Management grew its stake in Science Applications International by 7.0% during the 4th quarter. Brookstone Capital Management now owns 2,430 shares of the information technology services provider’s stock worth $272,000 after buying an additional 160 shares during the last quarter. Blue Trust Inc. increased its position in Science Applications International by 12.1% in the third quarter. Blue Trust Inc. now owns 1,533 shares of the information technology services provider’s stock worth $214,000 after buying an additional 165 shares during the period. Finally, UMB Bank n.a. increased its position in Science Applications International by 438.5% in the third quarter. UMB Bank n.a. now owns 210 shares of the information technology services provider’s stock worth $29,000 after buying an additional 171 shares during the period. Institutional investors own 76.00% of the company’s stock.

Wall Street Analyst Weigh In

SAIC has been the subject of several recent research reports. Wells Fargo & Company lowered their price target on shares of Science Applications International from $154.00 to $149.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Citigroup upped their target price on shares of Science Applications International from $160.00 to $176.00 and gave the stock a “buy” rating in a research report on Thursday, October 10th. The Goldman Sachs Group cut their price target on Science Applications International from $124.00 to $103.00 and set a “sell” rating on the stock in a report on Thursday, December 12th. JPMorgan Chase & Co. decreased their price objective on Science Applications International from $170.00 to $148.00 and set an “overweight” rating for the company in a report on Friday, December 6th. Finally, TD Cowen downgraded Science Applications International from a “buy” rating to a “hold” rating and cut their target price for the company from $155.00 to $120.00 in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Science Applications International presently has an average rating of “Hold” and an average price target of $139.38.

Science Applications International Stock Performance

Shares of NYSE SAIC opened at $106.16 on Friday. Science Applications International Co. has a 1 year low of $103.90 and a 1 year high of $156.34. The firm has a market cap of $5.19 billion, a P/E ratio of 13.52 and a beta of 0.66. The stock has a fifty day moving average price of $114.03 and a two-hundred day moving average price of $127.09. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.87 and a current ratio of 0.87.

Science Applications International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 10th were paid a dividend of $0.37 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.48 annualized dividend and a yield of 1.39%. Science Applications International’s dividend payout ratio is currently 24.96%.

Insider Buying and Selling

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

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.