Yousif Capital Management LLC Has $1.78 Million Holdings in Science Applications International Co. (NYSE:SAIC)

Yousif Capital Management LLC trimmed its position in Science Applications International Co. (NYSE:SAIC) by 6.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,946 shares of the information technology services provider’s stock after selling 1,080 shares during the quarter. Yousif Capital Management LLC’s holdings in Science Applications International were worth $1,782,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Town & Country Bank & Trust CO dba First Bankers Trust CO grew its position in Science Applications International by 4.8% during the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 2,186 shares of the information technology services provider’s stock worth $244,000 after purchasing an additional 100 shares in the last quarter. Brookstone Capital Management boosted its position in shares of Science Applications International by 7.0% in the fourth quarter. Brookstone Capital Management now owns 2,430 shares of the information technology services provider’s stock worth $272,000 after buying an additional 160 shares during the period. Blue Trust Inc. grew its holdings in shares of Science Applications International by 12.1% during the third quarter. Blue Trust Inc. now owns 1,533 shares of the information technology services provider’s stock valued at $214,000 after buying an additional 165 shares in the last quarter. UMB Bank n.a. raised its position in Science Applications International by 438.5% during the third quarter. UMB Bank n.a. now owns 210 shares of the information technology services provider’s stock valued at $29,000 after buying an additional 171 shares during the period. Finally, KBC Group NV boosted its position in Science Applications International by 15.3% during the 3rd quarter. KBC Group NV now owns 1,474 shares of the information technology services provider’s stock worth $205,000 after acquiring an additional 196 shares during the period. 76.00% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions 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 shares were purchased at an average price of $116.36 per share, for a total transaction of $49,453.00. Following the acquisition, the executive vice president now directly owns 3,579 shares of the company’s stock, valued at $416,452.44. The trade was a 13.47 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Katharina G. Mcfarland sold 3,239 shares of the company’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 sale, the director now owns 6,864 shares of the company’s stock, valued at $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 owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on SAIC shares. 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. TD Cowen lowered shares of Science Applications International from a “buy” rating to a “hold” rating and decreased their target price for the company from $155.00 to $120.00 in a research note on Wednesday, January 8th. Wells Fargo & Company lowered their price target on shares of Science Applications International from $154.00 to $149.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. The Goldman Sachs Group reduced their price objective on Science Applications International from $124.00 to $103.00 and set a “sell” rating for the company in a research report on Thursday, December 12th. Finally, Cantor Fitzgerald initiated coverage on Science Applications International in a research report on Friday, February 7th. They issued a “neutral” rating and a $120.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, three have issued 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 price target of $137.22.

Science Applications International Stock Performance

Shares of NYSE SAIC opened at $105.10 on Wednesday. The business’s 50-day simple moving average is $112.94 and its 200-day simple moving average is $126.77. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.87 and a current ratio of 0.87. Science Applications International Co. has a 52 week low of $102.75 and a 52 week high of $156.34. The firm has a market cap of $5.14 billion, a price-to-earnings ratio of 17.72 and a beta of 0.66.

Science Applications International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 10th were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend was Friday, January 10th. Science Applications International’s dividend payout ratio is 24.96%.

Science Applications International Profile

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.