Stifel Nicolaus downgraded shares of CSRA (NYSE:CSRA) from a buy rating to a hold rating in a research report report published on Monday morning, The Fly reports.

Several other equities analysts have also issued reports on CSRA. Cowen reiterated a hold rating and set a $35.00 target price on shares of CSRA in a report on Wednesday, October 18th. Wells Fargo & Co lifted their target price on shares of CSRA from $37.00 to $42.00 and gave the company an outperform rating in a report on Wednesday, October 25th. ValuEngine lowered shares of CSRA from a buy rating to a hold rating in a report on Friday, November 10th. BidaskClub lowered shares of CSRA from a sell rating to a strong sell rating in a report on Wednesday, November 15th. Finally, Zacks Investment Research lowered shares of CSRA from a hold rating to a sell rating in a report on Wednesday, November 15th. Two research analysts have rated the stock with a sell rating, four have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of $36.70.

CSRA (NYSE CSRA) opened at $40.39 on Monday. CSRA has a 1-year low of $27.38 and a 1-year high of $40.58. The stock has a market cap of $5,052.13, a P/E ratio of 15.49, a PEG ratio of 1.59 and a beta of 1.81. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 4.39.

CSRA (NYSE:CSRA) last released its earnings results on Wednesday, February 7th. The technology company reported $0.56 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.08. CSRA had a net margin of 7.46% and a return on equity of 68.98%. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period last year, the business earned $0.48 earnings per share. The business’s revenue was up 7.1% on a year-over-year basis. sell-side analysts predict that CSRA will post 2.05 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 25th. Investors of record on Thursday, January 4th were issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, January 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 0.99%. CSRA’s payout ratio is currently 17.47%.

A number of hedge funds and other institutional investors have recently made changes to their positions in CSRA. Iridian Asset Management LLC CT purchased a new position in CSRA in the 4th quarter worth approximately $59,049,000. Assenagon Asset Management S.A. purchased a new position in CSRA in the 3rd quarter worth approximately $22,242,000. American Century Companies Inc. raised its holdings in CSRA by 84.9% in the 4th quarter. American Century Companies Inc. now owns 1,085,812 shares of the technology company’s stock worth $32,487,000 after acquiring an additional 498,708 shares during the last quarter. BlackRock Inc. raised its holdings in CSRA by 4.5% in the 4th quarter. BlackRock Inc. now owns 9,627,742 shares of the technology company’s stock worth $288,061,000 after acquiring an additional 418,881 shares during the last quarter. Finally, Janus Henderson Group PLC raised its holdings in CSRA by 6,259.0% in the 2nd quarter. Janus Henderson Group PLC now owns 291,753 shares of the technology company’s stock worth $9,263,000 after acquiring an additional 287,165 shares during the last quarter. Institutional investors own 95.91% of the company’s stock.

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CSRA Company Profile

CSRA Inc is a provider of information technology services to the United States federal government. The Company operates through two segments: Defense and Intelligence, and Civil. The Defense and Intelligence segment provides services to the Department of Defense (DoD), National Security Agency, branches of the Armed Forces, and other DoD and Intelligence agencies.

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