Ascend Capital buys $23,716,517 stake in CSRA Inc (CSRA)

CSRA Inc (CSRA) : Ascend Capital scooped up 181,717 additional shares in CSRA Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 742,301 shares of CSRA Inc which is valued at $23,716,517.CSRA Inc makes up approximately 1.54% of Ascend Capital’s portfolio.

Other Hedge Funds, Including , Parallax Volatility Advisers sold out all of its stake in CSRA during the most recent quarter. The investment firm sold 5,387 shares of CSRA which is valued $172,115. Bridgewater Associates Lp added CSRA to its portfolio by purchasing 14,900 company shares during the most recent quarter which is valued at $408,111.Tdam Usa boosted its stake in CSRA in the latest quarter, The investment management firm added 10,287 additional shares and now holds a total of 53,712 shares of CSRA Inc which is valued at $1,372,879. CSRA Inc makes up approx 0.07% of Tdam Usa’s portfolio.Louisiana State Employees Retirement System boosted its stake in CSRA in the latest quarter, The investment management firm added 300 additional shares and now holds a total of 9,300 shares of CSRA Inc which is valued at $237,708. CSRA Inc makes up approx 0.01% of Louisiana State Employees Retirement System’s portfolio.

On the company’s financial health, CSRA Inc reported $0.56 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Nov 9, 2016. Analyst had a consensus of $0.46. The company had revenue of $1263.00 million for the quarter, compared to analysts expectations of $1243.77 million. The company’s revenue was up 30.3% 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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