Providence Equity Partners L.l.c. adds CSRA Inc (CSRA) to its portfolio

CSRA Inc (CSRA) : Providence Equity Partners L.l.c. added new position in CSRA Inc during the most recent quarter end. The investment management firm now holds 15,012,462 shares of CSRA Inc which is valued at $389,423,264 , the company said in a statement filed on Aug 15, 2016 with the SEC.CSRA Inc makes up approximately 48.24% of Providence Equity Partners L.l.c.’s portfolio.

Other Hedge Funds, Including , Strategic Investment Management boosted its stake in CSRA in the latest quarter, The investment management firm added 1,752 additional shares and now holds a total of 11,853 shares of CSRA Inc which is valued at $307,467. CSRA Inc makes up approx 0.14% of Strategic Investment Management’s portfolio.Pacer Advisors boosted its stake in CSRA in the latest quarter, The investment management firm added 13,142 additional shares and now holds a total of 15,793 shares of CSRA Inc which is valued at $409,670. CSRA Inc makes up approx 0.06% of Pacer Advisors’s portfolio.Burney Co reduced its stake in CSRA by selling 22 shares or 0.17% in the most recent quarter. The Hedge Fund company now holds 12,945 shares of CSRA which is valued at $335,793. CSRA Inc makes up approx 0.02% of Burney Co’s portfolio. Secor Capital Advisors Lp added CSRA to its portfolio by purchasing 141,696 company shares during the most recent quarter which is valued at $3,754,944. CSRA Inc makes up approx 0.53% of Secor Capital Advisors Lp’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.

On the company’s financial health, CSRA Inc reported $0.51 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Aug 10, 2016. Analyst had a consensus of $0.47. The company had revenue of $1254.00 million for the quarter, compared to analysts expectations of $1262.35 million. The company’s revenue was down -4.8 % compared to the same quarter last year.

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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