1 week Ago By ABMN Staff
JPMorgan Chase & Co. raised its stake in Endava plc ( NYSE:DAVA – Free Report ) by 187.5% during the fourth quarter, according to its most recent disclosure with the SEC.
The fund owned 858,894 shares of the company’s stock after buying an additional 560,190 shares during the quarter. JPMorgan Chase & Co.’s holdings in Endava were worth $26,540,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the company. Assetmark Inc. increased its holdings in shares of Endava by 93.
1% in the 4th quarter. Assetmark Inc. now owns 985 shares of the company’s stock worth $30,000 after acquiring an additional 475 shares during the period.
Blue Trust Inc. raised its holdings in shares of Endava by 28.5% during the fourth quarter.
Blue Trust Inc. now owns 1,494 shares of the company’s stock valued at $46,000 after buying an additional 331 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Endava by 86.
4% during the fourth quarter. GAMMA Investing LLC now owns 1,607 shares of the company’s stock worth $50,000 after buying an additional 745 shares during the period. PNC Financial Services Group Inc.
grew its holdings in Endava by 60.4% in the 4th quarter. PNC Financial Services Group Inc.
now owns 4,086 shares of the company’s stock worth $126,000 after buying an additional 1,538 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. acquired a new stake in Endava in the 4th quarter valued at approximately $215,000.
Institutional investors and hedge funds own 62.23% of the company’s stock. Endava Price Performance Shares of NYSE:DAVA opened at $17.
00 on Wednesday. The business has a fifty day simple moving average of $25.10 and a 200 day simple moving average of $27.
18. The company has a current ratio of 1.90, a quick ratio of 1.
90 and a debt-to-equity ratio of 0.21. Endava plc has a 1 year low of $16.
70 and a 1 year high of $34.94. The firm has a market cap of $1.
00 billion, a price-to-earnings ratio of 154.58, a P/E/G ratio of 2.26 and a beta of 1.
33. Analyst Ratings Changes A number of research analysts have issued reports on the company. Needham & Company LLC reduced their price target on Endava from $43.
00 to $38.00 and set a “buy” rating for the company in a research report on Friday, February 21st. Morgan Stanley increased their target price on shares of Endava from $33.
00 to $35.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. Finally, Susquehanna lowered their target price on shares of Endava from $55.
00 to $50.00 and set a “positive” rating on the stock in a research note on Friday, February 21st. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock.
According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $39.10. Read Our Latest Research Report on DAVA About Endava ( Free Report ) Endava plc provides technology services for clients in the consumer products, healthcare, mobility, and retail verticals in North America, Europe, the United Kingdom, and internationally.
It offers ideation and production services in the payments and financial services, telecommunications, media, and technology verticals; and business analysis, data analytics, program management, digital product strategy, private equity value enhancement, IT strategy, architecture, extended reality, machine learning and artificial intelligence, product design, and user experience and visual design services. Featured Articles Want to see what other hedge funds are holding DAVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Endava plc ( NYSE:DAVA – Free Report ).
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