Jana Partners buys $148,036,934 stake in CSRA Inc (CSRA)

CSRA Inc (CSRA) : Jana Partners scooped up 2,570,165 additional shares in CSRA Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 5,706,898 shares of CSRA Inc which is valued at $148,036,934.CSRA Inc makes up approximately 2.62% of Jana Partners’s portfolio.

Other Hedge Funds, Including , Carlson Capital L P reduced its stake in CSRA by selling 569,267 shares or 94.84% in the most recent quarter. The Hedge Fund company now holds 30,971 shares of CSRA which is valued at $803,388. CSRA Inc makes up approx 0.01% of Carlson Capital L P’s portfolio.Citadel Advisors reduced its stake in CSRA by selling 2,260,929 shares or 89.83% in the most recent quarter. The Hedge Fund company now holds 256,010 shares of CSRA which is valued at $6,640,899. CSRA Inc makes up approx 0.02% of Citadel Advisors’s portfolio.World Asset Management Inc boosted its stake in CSRA in the latest quarter, The investment management firm added 306 additional shares and now holds a total of 13,005 shares of CSRA Inc which is valued at $339,431. CSRA Inc makes up approx 0.01% of World Asset Management Inc’s portfolio. Robeco Institutional Asset Management B.v. sold out all of its stake in CSRA during the most recent quarter. The investment firm sold 43,299 shares of CSRA which is valued $1,106,722.

On the company’s financial health, CSRA Inc reported $0.51 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Aug 10, 2016. Analyst had a consensus of $0.47. The company had revenue of $1254.00 million for the quarter, compared to analysts expectations of $1262.35 million. The company’s revenue was down -4.8 % compared to the same quarter last year.

CSRA Inc. formerly Computer Sciences Government Services Inc. is a provider of information technology services. The Company offers mission- and operations-related services across the United States federal government to Department of Defense (DoD) Intelligence Community and homeland security civil and healthcare agencies. The Company operates in two segments: Defense and Intelligence and Civil. The Defense and Intelligence segment provides services to the DoD National Security Agency branches of the Armed Forces and other DoD agencies. The Civil segment provides services to various federal agencies within the Department of Homeland Security and other federal civil agencies as well as various state and local agencies. The Company offers a range of IT solutions and professional services to enable its customers modernize their legacy systems protect their networks and assets and improve the effectiveness and efficiency of mission-critical functions.

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