Mantech International Corp (MANT) Stake Lessened by Chartwell Investment Partners LLC

Chartwell Investment Partners LLC decreased its holdings in Mantech International Corp (NASDAQ:MANT) by 3.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 454,840 shares of the technology company’s stock after selling 16,500 shares during the quarter. Mantech International accounts for approximately 0.8% of Chartwell Investment Partners LLC’s holdings, making the stock its 13th largest position. Chartwell Investment Partners LLC’s holdings in Mantech International were worth $22,828,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Mantech International by 297.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,283 shares of the technology company’s stock worth $145,000 after purchasing an additional 2,458 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Mantech International in the third quarter worth $165,000. Barings LLC bought a new position in shares of Mantech International in the fourth quarter worth $221,000. Public Employees Retirement System of Ohio grew its stake in shares of Mantech International by 5.5% in the second quarter. Public Employees Retirement System of Ohio now owns 4,576 shares of the technology company’s stock worth $189,000 after purchasing an additional 239 shares in the last quarter. Finally, Stifel Financial Corp bought a new position in shares of Mantech International in the second quarter worth $228,000. 62.48% of the stock is owned by institutional investors.

In related news, Director Mary K. Bush sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $50.45, for a total transaction of $50,450.00. Following the completion of the transaction, the director now owns 7,540 shares of the company’s stock, valued at $380,393. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Judith L. Bjornaas sold 7,500 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $50.79, for a total value of $380,925.00. The disclosure for this sale can be found here. Company insiders own 22.28% of the company’s stock.

Several research firms have recently issued reports on MANT. BidaskClub raised Mantech International from a “strong sell” rating to a “sell” rating in a research note on Friday, February 2nd. Zacks Investment Research cut Mantech International from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Loop Capital increased their price target on Mantech International to $57.00 in a research note on Tuesday, December 19th. Cowen reissued a “buy” rating and issued a $54.00 price target on shares of Mantech International in a research note on Thursday, November 30th. Finally, Maxim Group increased their price target on Mantech International from $47.00 to $53.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Three analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $48.00.

Mantech International Corp (NASDAQ:MANT) opened at $51.79 on Thursday. Mantech International Corp has a 52 week low of $33.50 and a 52 week high of $53.31. The firm has a market capitalization of $1,998.39, a PE ratio of 33.85, a P/E/G ratio of 3.56 and a beta of 1.04.

COPYRIGHT VIOLATION WARNING: “Mantech International Corp (MANT) Stake Lessened by Chartwell Investment Partners LLC” was originally published by Markets Daily and is owned by of Markets Daily. If you are viewing this story on another site, it was stolen and reposted in violation of US and international copyright & trademark law. The legal version of this story can be accessed at https://www.themarketsdaily.com/2018/02/15/mantech-international-corp-mant-stake-lessened-by-chartwell-investment-partners-llc.html.

Mantech International Profile

ManTech International Corporation provides technologies and solutions for national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veteran Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community, and other the United States Government customers.

Want to see what other hedge funds are holding MANT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mantech International Corp (NASDAQ:MANT).

Institutional Ownership by Quarter for Mantech International (NASDAQ:MANT)

Receive News & Ratings for Mantech International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mantech International and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply