Science Applications International Co. (NYSE:SAIC) Shares Bought by Pure Financial Advisors LLC

Pure Financial Advisors LLC lifted its stake in shares of Science Applications International Co. (NYSE:SAICFree Report) by 19.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,447 shares of the information technology services provider’s stock after acquiring an additional 2,946 shares during the quarter. Pure Financial Advisors LLC’s holdings in Science Applications International were worth $2,062,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SAIC. International Assets Investment Management LLC boosted its position in shares of Science Applications International by 36,732.4% in the third quarter. International Assets Investment Management LLC now owns 245,672 shares of the information technology services provider’s stock worth $34,215,000 after buying an additional 245,005 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Science Applications International by 5.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,108,748 shares of the information technology services provider’s stock valued at $130,333,000 after acquiring an additional 56,414 shares in the last quarter. Van ECK Associates Corp grew its holdings in Science Applications International by 21.9% during the third quarter. Van ECK Associates Corp now owns 250,589 shares of the information technology services provider’s stock valued at $36,070,000 after purchasing an additional 44,990 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Science Applications International by 9.7% in the second quarter. AQR Capital Management LLC now owns 313,802 shares of the information technology services provider’s stock valued at $36,887,000 after purchasing an additional 27,664 shares during the period. Finally, Millennium Management LLC lifted its stake in shares of Science Applications International by 55.1% in the second quarter. Millennium Management LLC now owns 64,703 shares of the information technology services provider’s stock worth $7,606,000 after buying an additional 22,995 shares during the last quarter. 76.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Science Applications International

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

Science Applications International Stock Down 0.7 %

Shares of SAIC stock opened at $115.87 on Tuesday. The stock has a market cap of $5.66 billion, a P/E ratio of 14.47 and a beta of 0.66. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.87 and a quick ratio of 0.87. The stock has a fifty day moving average price of $118.97 and a 200 day moving average price of $127.82. Science Applications International Co. has a one year low of $108.90 and a one year high of $156.34.

Science Applications International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Friday, January 10th will be given a dividend of $0.37 per share. The ex-dividend date is Friday, January 10th. This represents a $1.48 annualized dividend and a dividend yield of 1.28%. Science Applications International’s dividend payout ratio (DPR) is currently 24.96%.

Analysts Set New Price Targets

SAIC has been the topic of a number of research analyst reports. Citigroup raised their target price on shares of Science Applications International from $160.00 to $176.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. Wells Fargo & Company dropped their price objective on Science Applications International from $154.00 to $149.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. StockNews.com raised Science Applications International from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, December 18th. UBS Group assumed coverage on Science Applications International in a report on Monday, December 2nd. They issued a “neutral” rating and a $134.00 target price on the stock. Finally, The Goldman Sachs Group cut their price target on Science Applications International from $124.00 to $103.00 and set a “sell” rating for the company in a report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Science Applications International has a consensus rating of “Hold” and an average target price of $139.38.

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Science Applications International Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Science Applications International (NYSE:SAIC)

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