Wolverine Trading LLC acquired a new position in shares of CSRA Inc (NYSE:CSRA) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 14,045 shares of the technology company’s stock, valued at approximately $420,000.
A number of other large investors have also recently made changes to their positions in CSRA. Amundi Pioneer Asset Management Inc. bought a new stake in shares of CSRA in the 4th quarter valued at about $127,000. Neuberger Berman Group LLC bought a new stake in shares of CSRA in the 3rd quarter valued at about $211,000. Boothbay Fund Management LLC bought a new stake in shares of CSRA in the 3rd quarter valued at about $234,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH bought a new stake in shares of CSRA in the 4th quarter valued at about $237,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of CSRA by 49.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,630 shares of the technology company’s stock valued at $258,000 after acquiring an additional 2,849 shares during the last quarter. 94.51% of the stock is owned by hedge funds and other institutional investors.
CSRA Inc (CSRA) opened at $40.58 on Wednesday. The company has a debt-to-equity ratio of 4.39, a current ratio of 1.04 and a quick ratio of 1.04. CSRA Inc has a 12-month low of $27.38 and a 12-month high of $40.84. The stock has a market capitalization of $6,655.40, a P/E ratio of 17.72, a P/E/G ratio of 2.09 and a beta of 0.92.
CSRA (NYSE:CSRA) last issued its quarterly earnings data on Wednesday, February 7th. The technology company reported $0.56 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.08. CSRA had a return on equity of 68.98% and a net margin of 7.46%. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period in the previous year, the firm earned $0.48 EPS. CSRA’s quarterly revenue was up 7.1% compared to the same quarter last year. research analysts anticipate that CSRA Inc will post 2.04 earnings per share for the current fiscal year.
A number of analysts have recently commented on CSRA shares. Zacks Investment Research raised CSRA from a “sell” rating to a “hold” rating in a research note on Tuesday, December 5th. Royal Bank of Canada set a $37.00 price objective on CSRA and gave the company a “buy” rating in a research report on Thursday, November 16th. TheStreet upgraded CSRA from a “c” rating to a “b-” rating in a research report on Monday, December 4th. Jefferies Group reiterated a “hold” rating and issued a $33.00 price objective on shares of CSRA in a research report on Monday, January 8th. Finally, ValuEngine upgraded CSRA from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Two analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $36.88.
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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