Rhumbline Advisers lowered its stake in CSRA Inc. (NYSE:CSRA) by 2.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 283,465 shares of the technology company’s stock after selling 7,407 shares during the period. Rhumbline Advisers owned approximately 0.17% of CSRA worth $9,147,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in CSRA. Dimensional Fund Advisors LP lifted its position in shares of CSRA by 15.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 977,254 shares of the technology company’s stock worth $28,626,000 after purchasing an additional 127,250 shares during the last quarter. LS Investment Advisors LLC lifted its position in shares of CSRA by 9.4% during the 2nd quarter. LS Investment Advisors LLC now owns 8,845 shares of the technology company’s stock worth $281,000 after purchasing an additional 757 shares during the last quarter. Louisiana State Employees Retirement System lifted its position in shares of CSRA by 1.1% during the 2nd quarter. Louisiana State Employees Retirement System now owns 9,000 shares of the technology company’s stock worth $286,000 after purchasing an additional 100 shares during the last quarter. US Bancorp DE raised its holdings in CSRA by 23.6% in the 2nd quarter. US Bancorp DE now owns 29,390 shares of the technology company’s stock valued at $933,000 after acquiring an additional 5,612 shares in the last quarter. Finally, Parametrica Management Ltd acquired a new position in CSRA in the 2nd quarter valued at approximately $252,000. 95.09% of the stock is owned by institutional investors.
CSRA Inc. (NYSE CSRA) opened at $28.28 on Monday. 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. The stock has a market capitalization of $4,620.00 and a price-to-earnings ratio of 14.81.
CSRA (NYSE:CSRA) last posted its quarterly earnings data 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 firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. CSRA had a return on equity of 79.44% and a net margin of 6.35%. The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.56 EPS. equities analysts expect that CSRA Inc. will post 1.94 earnings per share for the current year.
CSRA has been the subject of several recent research reports. Zacks Investment Research raised CSRA from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a report on Friday, September 8th. Royal Bank Of Canada reiterated a “buy” rating on shares of CSRA in a research note on Tuesday, August 15th. Cowen Inc reiterated a “market perform” rating and issued a $35.00 price objective (up from $32.00) on shares of CSRA in a research note on Thursday, August 10th. BidaskClub lowered CSRA from a “hold” rating to a “sell” rating in a research note on Monday, September 18th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $35.00 price objective on shares of CSRA in a research note on Thursday, October 5th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $36.50.
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CSRA Company Profile
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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