Is there a Bearish outlook for Science Applications International Corporation (NYSE:SAIC) this week?

June 17, 2018 - By Dolores Ford

Science Applications International Corporation (NYSE:SAIC) LogoInvestors sentiment increased to 0.93 in Q1 2018. Its up 0.01, from 0.92 in 2017Q4. It improved, as 13 investors sold Science Applications International Corporation shares while 87 reduced holdings. 36 funds opened positions while 57 raised stakes. 25.58 million shares or 1.26% less from 25.90 million shares in 2017Q4 were reported.
Point72 Asia (Hong Kong) Ltd stated it has 0.03% of its portfolio in Science Applications International Corporation (NYSE:SAIC). Cambridge Investment Research Advsrs, a Iowa-based fund reported 3,617 shares. Cubist Systematic Strategies Limited Co stated it has 0% in Science Applications International Corporation (NYSE:SAIC). Fuller Thaler Asset Mngmt holds 1,425 shares. State Board Of Administration Of Florida Retirement System invested in 0% or 20,942 shares. Omers Administration holds 0% or 6,500 shares in its portfolio. Natixis invested 0% in Science Applications International Corporation (NYSE:SAIC). Oakbrook Investments Llc owns 3,200 shares for 0.02% of their portfolio. Cornerstone Advsr Inc owns 43 shares for 0% of their portfolio. Art Advsr Lc has invested 0.01% of its portfolio in Science Applications International Corporation (NYSE:SAIC). First Trust Advisors Lp owns 209,723 shares. 30 were reported by Atlantic Trust Grp. Advantus Capital Management Incorporated reported 0.01% in Science Applications International Corporation (NYSE:SAIC). First Manhattan Company reported 0% stake. Great West Life Assurance Can owns 0.01% invested in Science Applications International Corporation (NYSE:SAIC) for 47,725 shares.

Since April 4, 2018, it had 0 buys, and 1 sale for $6.63 million activity.

Science Applications International Corporation (NYSE:SAIC) Ratings Coverage

Among 6 analysts covering Science Applications (NYSE:SAIC), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Science Applications had 7 analyst reports since January 8, 2018 according to SRatingsIntel. The stock of Science Applications International Corporation (NYSE:SAIC) has “Hold” rating given on Monday, January 8 by Jefferies. Seaport Global maintained the stock with “Buy” rating in Tuesday, April 3 report. The firm has “Hold” rating by Drexel Hamilton given on Wednesday, June 13. The stock of Science Applications International Corporation (NYSE:SAIC) has “Hold” rating given on Sunday, April 1 by Jefferies. Wells Fargo downgraded Science Applications International Corporation (NYSE:SAIC) rating on Thursday, May 17. Wells Fargo has “Hold” rating and $8700 target. Cowen & Co maintained the shares of SAIC in report on Friday, January 12 with “Hold” rating. Below is a list of Science Applications International Corporation (NYSE:SAIC) latest ratings and price target changes.

13/06/2018 Broker: Drexel Hamilton Old Rating: Buy New Rating: Hold Downgrade
25/05/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $85 Initiates Coverage On
17/05/2018 Broker: Wells Fargo Rating: Hold New Target: $87.0000 Downgrade
03/04/2018 Broker: Seaport Global Rating: Buy New Target: $90.0000 Maintain
01/04/2018 Broker: Jefferies Rating: Hold New Target: $83.0000 Maintain
12/01/2018 Broker: Cowen & Co Rating: Hold New Target: $82.0 Maintain
08/01/2018 Broker: Jefferies Rating: Hold New Target: $78.0 Maintain

The stock decreased 1.00% or $0.81 during the last trading session, reaching $80.25. About 750,698 shares traded or 149.50% up from the average. Science Applications International Corporation (NYSE:SAIC) has risen 10.31% since June 17, 2017 and is uptrending. It has underperformed by 2.26% the S&P500.

Science Applications International Corporation provides technical, engineering, and enterprise information technology services primarily in the United States. The company has market cap of $3.39 billion. The companyÂ’s offerings include engineering; technology and equipment platform integration; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customersÂ’ IT infrastructure. It has a 19.96 P/E ratio. It serves the U.S. military comprising Army, Air Force, Navy, Marines, and Coast Guard; the U.S.

More notable recent Science Applications International Corporation (NYSE:SAIC) news were published by: Benzinga.com which released: “8 Stocks To Watch For June 12, 2018” on June 12, 2018, also Bizjournals.com with their article: “The GSA has prevailed in a court battle over this massive IT contract” published on June 07, 2018, Benzinga.com published: “After A Mixed Q1 Print, Drexel Hamilton Says SAIC Shares Are Fairly Valued” on June 13, 2018. More interesting news about Science Applications International Corporation (NYSE:SAIC) were released by: Businesswire.com and their article: “SAIC Awarded Position on the General Services Administration Alliant 2 Governmentwide Acquisition Contract” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Science Applications International Corporation (SAIC) CEO Tony Moraco on Q1 2019 Results – Earnings Call Transcript” with publication date: June 13, 2018.

Science Applications International Corporation (NYSE:SAIC) Institutional Positions Chart

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