Engility Holdings Inc (NYSE:EGL) has earned an average rating of “Hold” from the nine ratings firms that are presently covering the company, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $37.25.

Separately, Zacks Investment Research downgraded Engility from a “buy” rating to a “hold” rating in a report on Monday, January 14th.

NYSE EGL opened at $29.10 on Friday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.34 and a current ratio of 1.34. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 12.49, a P/E/G ratio of 2.63 and a beta of 1.85. Engility has a 1-year low of $21.19 and a 1-year high of $38.54.

Several institutional investors and hedge funds have recently made changes to their positions in EGL. HPS Investment Partners LLC acquired a new position in shares of Engility in the 4th quarter worth approximately $19,942,000. Alpine Associates Management Inc. acquired a new position in shares of Engility in the 3rd quarter worth approximately $16,024,000. Norges Bank acquired a new position in shares of Engility in the 4th quarter worth approximately $12,405,000. BlackRock Inc. boosted its holdings in shares of Engility by 7.4% in the 4th quarter. BlackRock Inc. now owns 3,946,732 shares of the aerospace company’s stock worth $112,323,000 after acquiring an additional 270,735 shares in the last quarter. Finally, Water Island Capital LLC acquired a new position in shares of Engility in the 3rd quarter worth approximately $5,752,000. 89.81% of the stock is currently owned by institutional investors and hedge funds.

About Engility

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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Analyst Recommendations for Engility (NYSE:EGL)

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