Hendershot Investments Lowers stake in CSRA Inc (CSRA)

CSRA Inc (CSRA) : Hendershot Investments reduced its stake in CSRA Inc by 1.55% during the most recent quarter end. The investment management company now holds a total of 22,300 shares of CSRA Inc which is valued at $598,978 after selling 350 shares in CSRA Inc , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.CSRA Inc makes up approximately 0.30% of Hendershot Investments’s portfolio.

Other Hedge Funds, Including , Retirement Systems Of Alabama boosted its stake in CSRA in the latest quarter, The investment management firm added 1,057 additional shares and now holds a total of 69,931 shares of CSRA Inc which is valued at $1,878,347. CSRA Inc makes up approx 0.01% of Retirement Systems Of Alabama’s portfolio. Huntington National Bank added CSRA to its portfolio by purchasing 3,198 company shares during the most recent quarter which is valued at $85,898. Cribstone Capital Management added CSRA to its portfolio by purchasing 1,067 company shares during the most recent quarter which is valued at $26,846. CSRA Inc makes up approx 0.02% of Cribstone Capital Management’s portfolio.Nisa Investment Advisors reduced its stake in CSRA by selling 600 shares or 2.63% in the most recent quarter. The Hedge Fund company now holds 22,202 shares of CSRA which is valued at $557,270. CSRA Inc makes up approx 0.01% of Nisa Investment Advisors’s portfolio.

On the company’s financial health, CSRA Inc reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on May 25, 2016. Analyst had a consensus of $0.49. The company had revenue of $1290.15 million for the quarter, compared to analysts expectations of $1305.07 million. The company’s revenue was up 28.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.

CSRA Inc. formerly Computer Sciences Government Services Inc. is a provider of information technology services. The Company offers mission- and operations-related services across the United States federal government to Department of Defense (DoD) Intelligence Community and homeland security civil and healthcare agencies. The Company operates in two segments: Defense and Intelligence and Civil. The Defense and Intelligence segment provides services to the DoD National Security Agency branches of the Armed Forces and other DoD agencies. The Civil segment provides services to various federal agencies within the Department of Homeland Security and other federal civil agencies as well as various state and local agencies. The Company offers a range of IT solutions and professional services to enable its customers modernize their legacy systems protect their networks and assets and improve the effectiveness and efficiency of mission-critical functions.

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