Orbital ATK Inc (OA) : Graticule Asia Macro Advisors scooped up 215,272 additional shares in Orbital ATK Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 302,772 shares of Orbital ATK Inc which is valued at $26.4 Million.Orbital ATK Inc makes up approximately 8.30% of Graticule Asia Macro Advisors’s portfolio.
Other Hedge Funds, Including , Peak6 Investments added OA to its portfolio by purchasing 24,486 company shares during the most recent quarter which is valued at $2.1 Million. Orbital ATK Inc makes up approx 0.17% of Peak6 Investments’s portfolio. Edmond De Rothschild (europe) sold out all of its stake in OA during the most recent quarter. The investment firm sold 830 shares of OA which is valued $72,393.Systematic Financial Management Lp boosted its stake in OA in the latest quarter, The investment management firm added 1,430 additional shares and now holds a total of 97,611 shares of Orbital ATK Inc which is valued at $8.5 Million. Orbital ATK Inc makes up approx 0.11% of Systematic Financial Management Lp’s portfolio. Airain Ltd added OA to its portfolio by purchasing 4,704 company shares during the most recent quarter which is valued at $410,283. Orbital ATK Inc makes up approx 0.03% of Airain Ltd’s portfolio.California Public Employees Retirement System boosted its stake in OA in the latest quarter, The investment management firm added 13,800 additional shares and now holds a total of 223,933 shares of Orbital ATK Inc which is valued at $19.1 Million. Orbital ATK Inc makes up approx 0.03% of California Public Employees Retirement System’s portfolio.
Orbital ATK Inc closed down -0.05 points or -0.06% at $88.3 with 3,83,794 shares getting traded on Wednesday. Post opening the session at $88.39, the shares hit an intraday low of $87.89 and an intraday high of $88.96 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, Orbital ATK Inc reported $1.31 EPS for the quarter, based on the information available during the earnings call on May 5, 2016. Analyst had a consensus estimate of $1.31. The company had revenue of $1065.00 million for the quarter, compared to analysts expectations of $1144.05 million. The company’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.14 EPS.
Investors should note that on May 4, 2016, Orbital ATK Inc announced a cash dividend of $0.3000. The company’s management has announced Jun 6, 2016 as the ex-dividend date and fixed the record date on Jun 8, 2016. The payable date has been fixed on Jun 23, 2016.
Many Wall Street Analysts have commented on Orbital ATK Inc. Shares were Reiterated by Stifel on Mar 2, 2016 to “Buy” and Lowered the Price Target to $ 95 from a previous price target of $100 .
Orbital ATK Inc. formerly Alliant Techsystems Inc. is an aerospace and defense company. The Company designs builds and delivers space defense and aviation-related systems. The Company operates through three business segments: Flight Systems Group which develops rockets that are used as small- and medium-class space launch vehicles; Defense Systems Group which develops and produces military small- medium- and large-caliber ammunition small-caliber commercial ammunition propulsion systems strike weapons precision weapons and munitions gun systems aircraft survivability systems fuzes and warheads and special mission aircraft and Space Systems Group which develops and produces small- and medium-class satellites that are used to enable global and regional communications and broadcasting conduct space-related scientific research and perform other activities related to national security.