Boston Family Office LLC Takes Position in Science Applications International Corp (SAIC)

Boston Family Office LLC bought a new position in shares of Science Applications International Corp (NYSE:SAIC) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 2,985 shares of the information technology services provider’s stock, valued at approximately $229,000.

A number of other large investors have also bought and sold shares of the stock. Thrivent Financial For Lutherans lifted its position in shares of Science Applications International by 7.5% in the 2nd quarter. Thrivent Financial For Lutherans now owns 8,874 shares of the information technology services provider’s stock worth $616,000 after purchasing an additional 620 shares during the period. UBS Asset Management Americas Inc. lifted its position in shares of Science Applications International by 1.6% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 24,407 shares of the information technology services provider’s stock worth $1,694,000 after purchasing an additional 378 shares during the period. OxFORD Asset Management LLP acquired a new position in shares of Science Applications International in the 2nd quarter worth approximately $391,000. Numeric Investors LLC acquired a new position in shares of Science Applications International in the 2nd quarter worth approximately $340,000. Finally, Stifel Financial Corp lifted its position in shares of Science Applications International by 4.6% in the 2nd quarter. Stifel Financial Corp now owns 2,927 shares of the information technology services provider’s stock worth $203,000 after purchasing an additional 128 shares during the period. Institutional investors and hedge funds own 63.09% of the company’s stock.

A number of research analysts have recently issued reports on SAIC shares. BidaskClub downgraded shares of Science Applications International from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th. Citigroup upgraded shares of Science Applications International from a “neutral” rating to a “buy” rating in a research report on Monday, October 23rd. Vertical Research upgraded shares of Science Applications International from a “hold” rating to a “buy” rating and set a $83.00 price target on the stock in a research report on Friday, December 8th. Jefferies Group restated a “hold” rating and issued a $66.00 price target on shares of Science Applications International in a research report on Tuesday, October 24th. Finally, Wells Fargo & Co upgraded shares of Science Applications International from a “market perform” rating to an “outperform” rating and set a $80.00 price objective for the company in a research note on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $82.38.

Shares of Science Applications International Corp (SAIC) opened at $68.95 on Friday. The firm has a market cap of $2,896.53, a price-to-earnings ratio of 18.94, a PEG ratio of 3.36 and a beta of 1.50. The company has a debt-to-equity ratio of 3.09, a current ratio of 1.34 and a quick ratio of 1.15. Science Applications International Corp has a one year low of $60.21 and a one year high of $89.87.

Science Applications International (NYSE:SAIC) last released its quarterly earnings data on Thursday, December 7th. The information technology services provider reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.12. Science Applications International had a net margin of 3.77% and a return on equity of 50.26%. analysts expect that Science Applications International Corp will post 3.67 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 26th. Stockholders of record on Friday, January 12th were paid a $0.31 dividend. The ex-dividend date of this dividend was Thursday, January 11th. This represents a $1.24 annualized dividend and a dividend yield of 1.80%. Science Applications International’s dividend payout ratio is currently 34.07%.

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Science Applications International Profile

Science Applications International Corporation (SAIC) is a provider of technical, engineering and enterprise information technology (IT) services. The Company provides its services primarily to the United States Government, including the Department of Defense (DoD), the intelligence community and federal civilian agencies.

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

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