Denver Investment Advisors LLC Decreased Mantech International Corp (MANT) Stake by $9.32 Million; Stock Price Declined

July 14, 2018 - By James Douglas

ManTech International Corporation (NASDAQ:MANT) LogoInvestors sentiment increased to 1.17 in Q1 2018. 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. California State Teachers Retirement Sys owns 39,246 shares or 0% of their US portfolio. Invesco holds 233,712 shares. Wells Fargo And Mn reported 0.01% stake. New York State Common Retirement Fund holds 0.03% of its portfolio in ManTech International Corporation (NASDAQ:MANT) for 391,342 shares. The New York-based Indexiq Advsrs Llc has invested 0.07% in ManTech International Corporation (NASDAQ:MANT). Sit Invest holds 9,300 shares. Hennessy Advisors owns 74,000 shares for 0.14% of their portfolio. Engineers Gate Manager Lp invested in 0.08% or 22,155 shares. 4,820 were accumulated by Cookson Peirce Inc. Chevy Chase Tru Holdg Inc accumulated 19,325 shares or 0% of the stock. Guggenheim Capital Ltd Llc reported 22,879 shares stake. First Manhattan Co reported 280 shares or 0% of all its holdings. Horizon Kinetics Limited Liability Corp holds 0.04% or 25,000 shares in its portfolio. Northern reported 774,465 shares. Swiss National Bank & Trust holds 0% of its portfolio in ManTech International Corporation (NASDAQ:MANT) for 44,787 shares.

Since February 23, 2018, it had 0 insider purchases, and 8 selling transactions for $3.81 million activity. $351,840 worth of ManTech International Corporation (NASDAQ:MANT) shares were sold by MINIHAN KENNETH A. Another trade for 4,000 shares valued at $218,400 was sold by Armitage Richard L. $1.54 million worth of ManTech International Corporation (NASDAQ:MANT) shares were sold by Phillips Kevin M. The insider FATZINGER WALTER R JR sold 2,000 shares worth $110,500. Shares for $558,066 were sold by Bjornaas Judith L on Monday, March 5.

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 $2.36B market cap company. The stock decreased 0.68% or $0.41 during the last trading session, reaching $59.6. About 55,638 shares traded. ManTech International Corporation (NASDAQ:MANT) has risen 36.69% since July 14, 2017 and is uptrending. It has outperformed by 24.12% the S&P500.

Denver Investment Advisors Llc, which manages about $9.81B and $1.89B US Long portfolio, upped its stake in Kaiser Aluminum Corp (NASDAQ:KALU) by 32,034 shares to 109,736 shares, valued at $11.07M in 2018Q1, according to the filing. It also increased its holding in Big Lots Inc (NYSE:BIG) by 79,323 shares in the quarter, for a total of 390,645 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 $19.77M for 29.80 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 notable recent ManTech International Corporation (NASDAQ:MANT) news were published by: Benzinga.com which released: “34 Biggest Movers From Friday” on July 09, 2018, also Globenewswire.com with their article: “ManTech Scores Four DARPA Wins Totaling $60 Million” published on July 09, 2018, Fool.com published: “Why ManTech International, Civeo, and Deutsche Bank Jumped Today” on July 06, 2018. More interesting news about ManTech International Corporation (NASDAQ:MANT) were released by: Nasdaq.com and their article: “GSA Selects ManTech for $50 Billion Alliant 2 Government-Wide Acquisition Contract (GWAC) for IT Modernization” published on July 11, 2018 as well as Nasdaq.com‘s news article titled: “ManTech Schedules Second Quarter Fiscal Year 2018 Earnings Release and Conference Call for August 1, 2018” with publication date: June 25, 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 -7.05% below currents $59.6 stock price. Mantech International had 6 analyst reports since February 22, 2018 according to SRatingsIntel. The company was maintained on Friday, April 6 by Cowen & Co. Credit Suisse maintained ManTech International Corporation (NASDAQ:MANT) rating on Friday, February 23. Credit Suisse has “Underperform” rating and $47 target. SunTrust upgraded the stock to “Buy” rating in Friday, July 6 report. The firm earned “Outperform” rating on Thursday, February 22 by Cowen & Co. Wells Fargo upgraded the shares of MANT in report on Thursday, May 17 to “Outperform” rating.

ManTech International Corporation (NASDAQ:MANT) Institutional Positions Chart

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