D’orazio Associates buys $1,258,351 stake in Orbital ATK Inc (OA)

Orbital ATK Inc (OA) : D’orazio Associates scooped up 1,043 additional shares in Orbital ATK Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 14,785 shares of Orbital ATK Inc which is valued at $1,258,351.Orbital ATK Inc makes up approximately 0.46% of D’orazio Associates’s portfolio.

Other Hedge Funds, Including , United Services Automobile Association added OA to its portfolio by purchasing 57,000 company shares during the most recent quarter which is valued at $4,851,270. Orbital ATK Inc makes up approx 0.02% of United Services Automobile Association’s portfolio.California State Teachers Retirement System boosted its stake in OA in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 127,998 shares of Orbital ATK Inc which is valued at $10,147,681. Orbital ATK Inc makes up approx 0.02% of California State Teachers Retirement System’s portfolio.Blackrock Advisors reduced its stake in OA by selling 174,637 shares or 84.24% in the most recent quarter. The Hedge Fund company now holds 32,664 shares of OA which is valued at $2,488,670. Moody Lynn Lieberson sold out all of its stake in OA during the most recent quarter. The investment firm sold 3,846 shares of OA which is valued $288,988. Proficio Capital Partners added OA to its portfolio by purchasing 46 company shares during the most recent quarter which is valued at $3,456.

Orbital ATK Inc opened for trading at $85.19 and hit $85.8999 on the upside on Monday, eventually ending the session at $85.48, with a gain of 0.33% or 0.28 points. The heightened volatility saw the trading volume jump to 2,89,867 shares. Company has a market cap of $5,005 M.

On the company’s financial health, Orbital ATK Inc reported $1.31 EPS for the quarter, based on the information available during the earnings call on May 5, 2016. Analyst had a consensus estimate of $1.31. The company had revenue of $1065.00 million for the quarter, compared to analysts expectations of $1144.05 million. The company’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.14 EPS.

Many Wall Street Analysts have commented on Orbital ATK Inc. Deutsche Bank Initiated Orbital ATK Inc on Sep 1, 2016 to “Buy”, Price Target of the shares are set at $100.Orbital ATK Inc was Upgraded by Wells Fargo to ” Outperform” on Aug 23, 2016. Orbital ATK Inc was Downgraded by Argus to ” Hold” on Aug 23, 2016.

Orbital ATK Inc. formerly Alliant Techsystems Inc. is an aerospace and defense company. The Company designs builds and delivers space defense and aviation-related systems. The Company operates through three business segments: Flight Systems Group which develops rockets that are used as small- and medium-class space launch vehicles; Defense Systems Group which develops and produces military small- medium- and large-caliber ammunition small-caliber commercial ammunition propulsion systems strike weapons precision weapons and munitions gun systems aircraft survivability systems fuzes and warheads and special mission aircraft and Space Systems Group which develops and produces small- and medium-class satellites that are used to enable global and regional communications and broadcasting conduct space-related scientific research and perform other activities related to national security.

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