MetLife Investment Advisors LLC raised its holdings in shares of Engility Holdings Inc (NYSE:EGL) by 49.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,088 shares of the aerospace company’s stock after acquiring an additional 4,351 shares during the quarter. MetLife Investment Advisors LLC’s holdings in Engility were worth $471,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of EGL. Alpine Associates Management Inc. purchased a new position in shares of Engility during the 3rd quarter worth $16,024,000. Water Island Capital LLC purchased a new position in shares of Engility during the 3rd quarter worth $5,752,000. Huber Capital Management LLC purchased a new position in shares of Engility during the 3rd quarter worth $5,263,000. BlackRock Inc. boosted its stake in shares of Engility by 3.0% during the 3rd quarter. BlackRock Inc. now owns 3,675,997 shares of the aerospace company’s stock worth $132,299,000 after acquiring an additional 106,087 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Engility by 55.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 283,236 shares of the aerospace company’s stock worth $10,194,000 after acquiring an additional 101,457 shares during the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

EGL has been the topic of several analyst reports. Zacks Investment Research cut shares of Engility from a “buy” rating to a “hold” rating in a research note on Monday, January 14th. Cowen set a $36.00 price target on shares of Engility and gave the stock a “hold” rating in a research note on Wednesday, October 31st. Finally, ValuEngine cut shares of Engility from a “buy” rating to a “hold” rating in a research note on Tuesday, October 2nd. Eight analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $36.33.

Shares of EGL stock opened at $29.10 on Wednesday. The firm has a market cap of $1.08 billion, a PE ratio of 12.49, a PEG ratio of 2.63 and a beta of 1.85. Engility Holdings Inc has a one year low of $21.19 and a one year high of $38.54. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.34 and a current ratio of 1.34.

Engility (NYSE:EGL) last announced its quarterly earnings data on Wednesday, October 31st. The aerospace company reported $0.56 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.08. The firm had revenue of $471.20 million for the quarter, compared to the consensus estimate of $470.87 million. Engility had a negative net margin of 1.94% and a positive return on equity of 11.86%. The company’s revenue was down 3.3% on a year-over-year basis. During the same period last year, the firm earned $0.26 EPS. On average, equities analysts forecast that Engility Holdings Inc will post 2.1 EPS for the current fiscal year.

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Engility Profile

Engility Holdings, Inc, together with its subsidiaries, provides a range of technical services to the U.S. Department of Defense, U.S. Department of Justice, U.S. Department of State, Federal Aviation Administration, Department of Homeland Security, and space-related and intelligence community agencies.

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Institutional Ownership by Quarter for Engility (NYSE:EGL)

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