GSA Capital Partners LLP boosted its holdings in Orbital ATK (NYSE:OA) by 21.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,187 shares of the aerospace company’s stock after acquiring an additional 386 shares during the period. GSA Capital Partners LLP’s holdings in Orbital ATK were worth $290,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Guggenheim Capital LLC lifted its stake in Orbital ATK by 78.5% during the fourth quarter. Guggenheim Capital LLC now owns 64,338 shares of the aerospace company’s stock worth $8,460,000 after purchasing an additional 28,289 shares in the last quarter. Ascend Capital LLC acquired a new position in Orbital ATK during the fourth quarter worth $1,261,000. Deutsche Bank AG lifted its stake in Orbital ATK by 157.2% during the fourth quarter. Deutsche Bank AG now owns 779,120 shares of the aerospace company’s stock worth $102,451,000 after purchasing an additional 476,167 shares in the last quarter. Profund Advisors LLC lifted its stake in Orbital ATK by 12.1% during the fourth quarter. Profund Advisors LLC now owns 7,154 shares of the aerospace company’s stock worth $941,000 after purchasing an additional 775 shares in the last quarter. Finally, Koch Industries Inc. lifted its stake in Orbital ATK by 195.9% during the fourth quarter. Koch Industries Inc. now owns 145,000 shares of the aerospace company’s stock worth $19,068,000 after purchasing an additional 96,000 shares in the last quarter. Hedge funds and other institutional investors own 80.90% of the company’s stock.
A number of research analysts have commented on OA shares. ValuEngine cut Orbital ATK from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 2nd. Cowen restated a “hold” rating on shares of Orbital ATK in a research note on Thursday, June 7th. Nine investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $129.58.
Orbital ATK opened at $134.50 on Friday, MarketBeat Ratings reports. Orbital ATK has a twelve month low of $95.84 and a twelve month high of $134.59. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.49 and a current ratio of 1.68. The firm has a market cap of $7.78 billion, a PE ratio of 21.42, a P/E/G ratio of 2.22 and a beta of -0.29.
Orbital ATK (NYSE:OA) last posted its quarterly earnings data on Thursday, May 3rd. The aerospace company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.50 by $0.26. Orbital ATK had a return on equity of 19.90% and a net margin of 6.89%. The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the company earned $1.23 earnings per share. The company’s revenue was up 20.9% on a year-over-year basis. analysts predict that Orbital ATK will post 6.73 EPS for the current year.
Orbital ATK Profile
Orbital ATK, Inc develops and produces aerospace and defense related products to the U.S. Government, allied nations, prime contractors, and other customers in the United States and internationally. It operates through three segments: Flight Systems Group, Defense Systems Group, and Space Systems Group.
Receive News & Ratings for Orbital ATK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orbital ATK and related companies with MarketBeat.com's FREE daily email newsletter.