NJ State Employees Deferred Compensation Plan Takes Position in KEYW Holding Corp. (KEYW)

NJ State Employees Deferred Compensation Plan purchased a new stake in shares of KEYW Holding Corp. (NASDAQ:KEYW) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 50,000 shares of the software maker’s stock, valued at approximately $433,000. NJ State Employees Deferred Compensation Plan owned about 0.10% of KEYW at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Engineers Gate Manager LP increased its position in shares of KEYW by 15.8% during the second quarter. Engineers Gate Manager LP now owns 70,113 shares of the software maker’s stock valued at $613,000 after acquiring an additional 9,588 shares during the last quarter. Aperio Group LLC increased its position in shares of KEYW by 23.1% during the second quarter. Aperio Group LLC now owns 57,993 shares of the software maker’s stock valued at $507,000 after acquiring an additional 10,894 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of KEYW during the second quarter valued at approximately $104,000. Swiss National Bank increased its position in shares of KEYW by 16.1% during the second quarter. Swiss National Bank now owns 87,800 shares of the software maker’s stock valued at $767,000 after acquiring an additional 12,200 shares during the last quarter. Finally, Trexquant Investment LP purchased a new stake in shares of KEYW during the second quarter valued at approximately $109,000. 98.83% of the stock is owned by institutional investors.

KEYW stock opened at $8.60 on Thursday. KEYW Holding Corp. has a one year low of $4.94 and a one year high of $9.84. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.35 and a quick ratio of 1.95. The firm has a market capitalization of $431.95 million, a PE ratio of -19.11 and a beta of 0.56.

KEYW (NASDAQ:KEYW) last posted its quarterly earnings results on Wednesday, August 1st. The software maker reported ($0.23) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.01). KEYW had a negative return on equity of 1.47% and a negative net margin of 0.52%. The company had revenue of $128.14 million during the quarter, compared to the consensus estimate of $124.91 million. During the same period in the previous year, the business earned ($0.37) earnings per share. KEYW’s revenue was up 3.3% on a year-over-year basis. Analysts anticipate that KEYW Holding Corp. will post -0.11 EPS for the current fiscal year.

A number of analysts have issued reports on the company. Drexel Hamilton downgraded KEYW from a “buy” rating to a “hold” rating in a research report on Wednesday, August 1st. BidaskClub downgraded KEYW from a “buy” rating to a “hold” rating in a research report on Tuesday, June 26th. ValuEngine downgraded KEYW from a “hold” rating to a “sell” rating in a research report on Thursday, August 2nd. Zacks Investment Research raised KEYW from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a research report on Thursday, July 12th. Finally, Stifel Nicolaus decreased their target price on KEYW from $9.00 to $8.00 and set a “hold” rating for the company in a research report on Thursday, August 2nd. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $9.83.

KEYW Profile

The KeyW Holding Corporation, together with its subsidiaries, provides engineering and technology solutions to support the collection, processing, analysis, and dissemination of information across the spectrum of the intelligence, cyber, and counterterrorism communities in the United States. The company's solutions are designed to meet the critical needs of agile intelligence and U.S.

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Institutional Ownership by Quarter for KEYW (NASDAQ:KEYW)

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