Engility Holdings, Inc. (EGL) Shares Sold by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC lessened its stake in shares of Engility Holdings, Inc. (NYSE:EGL) by 16.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 42,457 shares of the aerospace company’s stock after selling 8,287 shares during the period. Parametric Portfolio Associates LLC owned 0.12% of Engility Holdings worth $1,206,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EGL. BlackRock Inc. raised its position in shares of Engility Holdings by 17,441.6% during the 1st quarter. BlackRock Inc. now owns 3,086,095 shares of the aerospace company’s stock worth $89,313,000 after purchasing an additional 3,068,502 shares during the last quarter. Royce & Associates LP acquired a new position in shares of Engility Holdings during the 2nd quarter worth about $7,417,000. FMR LLC raised its position in shares of Engility Holdings by 3.0% during the 2nd quarter. FMR LLC now owns 3,139,347 shares of the aerospace company’s stock worth $89,157,000 after purchasing an additional 91,414 shares during the last quarter. State Street Corp raised its position in shares of Engility Holdings by 16.6% during the 1st quarter. State Street Corp now owns 554,601 shares of the aerospace company’s stock worth $16,047,000 after purchasing an additional 79,116 shares during the last quarter. Finally, TIAA CREF Investment Management LLC raised its position in shares of Engility Holdings by 95.0% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 147,807 shares of the aerospace company’s stock worth $4,198,000 after purchasing an additional 72,000 shares during the last quarter. Hedge funds and other institutional investors own 92.97% of the company’s stock.

Shares of Engility Holdings, Inc. (NYSE EGL) opened at $28.01 on Thursday. The company has a market cap of $986.54, a PE ratio of 11.75 and a beta of 2.09. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.31. Engility Holdings, Inc. has a 1-year low of $25.70 and a 1-year high of $39.16.

Engility Holdings (NYSE:EGL) last posted its quarterly earnings results on Thursday, November 2nd. The aerospace company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.28). Engility Holdings had a net margin of 1.57% and a return on equity of 11.87%. The firm had revenue of $487.10 million during the quarter, compared to analysts’ expectations of $496.84 million. During the same period last year, the company earned $0.52 EPS. The business’s quarterly revenue was down 4.8% on a year-over-year basis. equities research analysts expect that Engility Holdings, Inc. will post 2.22 earnings per share for the current year.

EGL has been the subject of a number of recent research reports. ValuEngine downgraded shares of Engility Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Maxim Group reiterated a “hold” rating on shares of Engility Holdings in a report on Friday, November 3rd. Cowen and Company reiterated a “hold” rating and issued a $36.00 price objective on shares of Engility Holdings in a report on Monday, November 6th. FBR & Co reiterated a “buy” rating and issued a $40.00 price objective on shares of Engility Holdings in a report on Saturday, August 19th. Finally, Noble Financial reiterated a “buy” rating on shares of Engility Holdings in a report on Friday, August 4th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. Engility Holdings has a consensus rating of “Hold” and an average price target of $35.67.

In other news, Director William G. Tobin sold 3,000 shares of the stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $30.82, for a total value of $92,460.00. Following the completion of the sale, the director now owns 6,290 shares of the company’s stock, valued at approximately $193,857.80. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.41% of the company’s stock.

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Engility Holdings Profile

Engility Holdings, Inc (Engility) is a provider of systems engineering services, training, program management, and operational support for the United States Government worldwide. The Company’s business is focused on providing a range of engineering, technical, analytical, advisory, training, logistics and support services.

Institutional Ownership by Quarter for Engility Holdings (NYSE:EGL)

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