As Mantech International Corp (MANT) Stock Price Declined, Denver Investment Advisors LLC Has Lowered Its Position

July 27, 2018 - By Megan Stone

ManTech International Corporation (NASDAQ:MANT) LogoInvestors sentiment increased to 1.17 in 2018 Q1. Its up 0.05, from 1.12 in 2017Q4. It is positive, as 10 investors sold MANT shares while 66 reduced holdings. 32 funds opened positions while 57 raised stakes. 23.22 million shares or 0.15% less from 23.26 million shares in 2017Q4 were reported. Barrow Hanley Mewhinney And Strauss Lc holds 0% or 34,539 shares. 24,598 were reported by Us Bancorp De. Point72 Asset Management LP accumulated 0% or 1,900 shares. Bessemer Group Incorporated stated it has 0.01% in ManTech International Corporation (NASDAQ:MANT). Balyasny Asset Limited Company reported 5,368 shares. Jpmorgan Chase And Company accumulated 136,292 shares. 19,670 were accumulated by Laurion Capital Management Lp. Guggenheim Cap Ltd Liability Corp holds 0% or 22,879 shares in its portfolio. Credit Suisse Ag has invested 0% of its portfolio in ManTech International Corporation (NASDAQ:MANT). Louisiana State Employees Retirement Systems accumulated 11,600 shares or 0.03% of the stock. Ellington Management Grp Inc Ltd Liability Company has invested 0.09% of its portfolio in ManTech International Corporation (NASDAQ:MANT). Chevy Chase stated it has 0% in ManTech International Corporation (NASDAQ:MANT). Sg Americas Secs Ltd Liability Co reported 5,568 shares. Barclays Pcl holds 20,297 shares or 0% of its portfolio. Rhumbline Advisers owns 63,597 shares.

Since February 23, 2018, it had 0 buys, and 8 insider sales for $3.81 million activity. 27,056 shares were sold by Phillips Kevin M, worth $1.54 million. MINIHAN KENNETH A also sold $351,840 worth of ManTech International Corporation (NASDAQ:MANT) on Friday, February 23. 4,000 shares were sold by Armitage Richard L, worth $218,400. Shares for $110,500 were sold by FATZINGER WALTER R JR on Tuesday, June 5. Bjornaas Judith L sold $558,066 worth of stock.

Denver Investment Advisors Llc decreased its stake in Mantech International Corp (MANT) by 44.14% based on its latest 2018Q1 regulatory filing with the SEC. Denver Investment Advisors Llc sold 169,423 shares as the company’s stock declined 8.34% with the market. The hedge fund held 214,431 shares of the other consumer services company at the end of 2018Q1, valued at $11.90 million, down from 383,854 at the end of the previous reported quarter. Denver Investment Advisors Llc who had been investing in Mantech International Corp for a number of months, seems to be less bullish one the $2.33 billion market cap company. The stock decreased 0.24% or $0.14 during the last trading session, reaching $58.81. About 93,862 shares traded. ManTech International Corporation (NASDAQ:MANT) has risen 36.69% since July 27, 2017 and is uptrending. It has outperformed by 24.12% the S&P500.

Denver Investment Advisors Llc, which manages about $9.81 billion and $1.89B US Long portfolio, upped its stake in Education Realty Trust Inc (NYSE:EDR) by 97,731 shares to 570,870 shares, valued at $18.70M in 2018Q1, according to the filing. It also increased its holding in Graham Holdings Co (NYSE:GHC) by 6,569 shares in the quarter, for a total of 22,849 shares, and has risen its stake in Geo Group Inc/The (NYSE:GEO).

Analysts await ManTech International Corporation (NASDAQ:MANT) to report earnings on August, 1 after the close. They expect $0.50 EPS, up 25.00 % or $0.10 from last year’s $0.4 per share. MANT’s profit will be $19.77 million for 29.41 P/E if the $0.50 EPS becomes a reality. After $0.51 actual EPS reported by ManTech International Corporation for the previous quarter, Wall Street now forecasts -1.96 % negative EPS growth.

More important recent ManTech International Corporation (NASDAQ:MANT) news were published by: Nasdaq.com which released: “GSA Selects ManTech for $50 Billion Alliant 2 Government-Wide Acquisition Contract (GWAC) for IT Modernization” on July 11, 2018, also Globenewswire.com published article titled: “ManTech Scores Four DARPA Wins Totaling $60 Million”, Nasdaq.com published: “ManTech Awarded $959 Million Defense Agency Contract For Worldwide Enterprise IT Support” on July 12, 2018. More interesting news about ManTech International Corporation (NASDAQ:MANT) was released by: Benzinga.com and their article: “5 Biggest Price Target Changes For Friday” with publication date: July 06, 2018.

ManTech International Corporation (NASDAQ:MANT) Ratings Coverage

Among 5 analysts covering Mantech International (NASDAQ:MANT), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Mantech International has $66 highest and $47 lowest target. $55.40’s average target is -5.80% below currents $58.81 stock price. Mantech International had 6 analyst reports since February 22, 2018 according to SRatingsIntel. Credit Suisse maintained ManTech International Corporation (NASDAQ:MANT) on Friday, February 23 with “Underperform” rating. Cowen & Co maintained ManTech International Corporation (NASDAQ:MANT) rating on Friday, April 6. Cowen & Co has “Buy” rating and $6500 target. SunTrust upgraded the shares of MANT in report on Friday, July 6 to “Buy” rating. Wells Fargo upgraded ManTech International Corporation (NASDAQ:MANT) on Thursday, May 17 to “Outperform” rating. As per Thursday, February 22, the company rating was maintained by Cowen & Co.

ManTech International Corporation (NASDAQ:MANT) Institutional Positions Chart

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