Clark Estates Inc. NY Takes Position in CSRA Inc (CSRA)

Clark Estates Inc. NY bought a new stake in shares of CSRA Inc (NYSE:CSRA) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 106,000 shares of the technology company’s stock, valued at approximately $3,172,000. Clark Estates Inc. NY owned 0.06% of CSRA as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in CSRA by 0.4% during the 2nd quarter. Vanguard Group Inc. now owns 19,408,917 shares of the technology company’s stock valued at $616,233,000 after purchasing an additional 82,283 shares in the last quarter. BlackRock Inc. grew its stake in CSRA by 2.0% during the 2nd quarter. BlackRock Inc. now owns 8,520,575 shares of the technology company’s stock valued at $270,528,000 after purchasing an additional 165,504 shares in the last quarter. Prudential PLC grew its stake in CSRA by 42.5% during the 2nd quarter. Prudential PLC now owns 2,450,600 shares of the technology company’s stock valued at $77,807,000 after purchasing an additional 730,300 shares in the last quarter. Royal Bank of Canada grew its stake in CSRA by 17.2% during the 2nd quarter. Royal Bank of Canada now owns 1,587,157 shares of the technology company’s stock valued at $50,390,000 after purchasing an additional 232,886 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in CSRA by 3.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,308,700 shares of the technology company’s stock valued at $42,231,000 after purchasing an additional 40,222 shares in the last quarter. Institutional investors and hedge funds own 94.67% of the company’s stock.

Several brokerages have recently commented on CSRA. BidaskClub lowered CSRA from a “sell” rating to a “strong sell” rating in a research report on Wednesday, November 15th. Wells Fargo & Co lifted their target price on CSRA from $37.00 to $42.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 25th. Vertical Research lowered CSRA from a “hold” rating to a “sell” rating and set a $31.00 target price for the company. in a research report on Tuesday, October 3rd. Zacks Investment Research upgraded CSRA from a “sell” rating to a “hold” rating in a research report on Tuesday, December 5th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $39.00 target price on shares of CSRA in a research report on Tuesday, November 21st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the stock. CSRA has an average rating of “Hold” and a consensus target price of $36.30.

Shares of CSRA Inc (NYSE:CSRA) traded up $0.50 during midday trading on Friday, hitting $32.16. The company had a trading volume of 790,279 shares, compared to its average volume of 915,346. The company has a market cap of $5,231.13, a P/E ratio of 16.84, a price-to-earnings-growth ratio of 1.69 and a beta of 1.70. CSRA Inc has a 1-year low of $27.38 and a 1-year high of $33.67. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 5.68.

CSRA (NYSE:CSRA) last announced its quarterly earnings results on Tuesday, November 7th. The technology company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.02). The company had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. CSRA had a return on equity of 79.44% and a net margin of 6.35%. The company’s revenue for the quarter was up .7% on a year-over-year basis. During the same period last year, the business posted $0.56 EPS. equities research analysts forecast that CSRA Inc will post 1.99 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 25th. Investors of record on Thursday, January 4th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.24%. The ex-dividend date is Wednesday, January 3rd. CSRA’s dividend payout ratio (DPR) is 20.94%.

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About CSRA

CSRA Inc is a provider of information technology services to the United States federal government. The Company operates through two segments: Defense and Intelligence, and Civil. The Defense and Intelligence segment provides services to the Department of Defense (DoD), National Security Agency, branches of the Armed Forces, and other DoD and Intelligence agencies.

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Institutional Ownership by Quarter for CSRA (NYSE:CSRA)

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