Sei Investments Co. Has $946,000 Stock Holdings in Perspecta Inc. (NASDAQ:PRSP)


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Sei Investments Co. trimmed its holdings in Perspecta Inc. (NASDAQ:PRSP) by 23.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 49,632 shares of the company’s stock after selling 14,843 shares during the quarter. Sei Investments Co.’s holdings in Perspecta were worth $946,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of PRSP. FMR LLC boosted its position in shares of Perspecta by 22.6% in the first quarter. FMR LLC now owns 433,945 shares of the company’s stock valued at $8,774,000 after acquiring an additional 79,853 shares during the period. Amundi Pioneer Asset Management Inc. lifted its position in Perspecta by 43.5% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 324,308 shares of the company’s stock worth $6,558,000 after purchasing an additional 98,266 shares during the period. California Public Employees Retirement System lifted its position in Perspecta by 0.3% in the second quarter. California Public Employees Retirement System now owns 317,399 shares of the company’s stock worth $7,373,000 after purchasing an additional 1,081 shares during the period. Barclays PLC lifted its position in Perspecta by 80.2% in the second quarter. Barclays PLC now owns 97,453 shares of the company’s stock worth $2,264,000 after purchasing an additional 43,361 shares during the period. Finally, Bank of Montreal Can lifted its position in Perspecta by 268.4% in the second quarter. Bank of Montreal Can now owns 24,024 shares of the company’s stock worth $507,000 after purchasing an additional 17,503 shares during the period.

In other Perspecta news, Director Michael Earl Ventling bought 2,000 shares of the stock in a transaction dated Wednesday, October 28th. The stock was bought at an average cost of $17.43 per share, for a total transaction of $34,860.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

PRSP has been the subject of several research reports. Zacks Investment Research cut Perspecta from a “hold” rating to a “sell” rating in a research report on Wednesday, November 25th. BidaskClub raised Perspecta from a “sell” rating to a “hold” rating in a research report on Monday, December 28th. Finally, Morgan Stanley raised their target price on Perspecta from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 12th. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $24.67.

Shares of NASDAQ PRSP opened at $24.08 on Friday. The business has a fifty day moving average of $23.18 and a two-hundred day moving average of $21.46. Perspecta Inc. has a 52-week low of $14.03 and a 52-week high of $29.44.

Perspecta (NASDAQ:PRSP) last issued its quarterly earnings data on Tuesday, November 10th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.03. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.12 billion. The firm’s revenue was down 2.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.54 earnings per share.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Tuesday, November 24th will be paid a $0.07 dividend. The ex-dividend date is Monday, November 23rd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.16%.

About Perspecta

Perspecta Inc provides enterprise information technology (IT) services to government customers in the United States federal, state, and local markets. The company develops, modernizes, transforms, and manages customers' enterprise application portfolios enabling a shift of IT spend from maintenance and operations to innovation; and offers analytics and data services, as well as research, engineering, consulting, and technology solutions for government, including cybersecurity, cloud, quantum computing, network configuration, and data analytics capabilities.

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Institutional Ownership by Quarter for Perspecta (NASDAQ:PRSP)

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