Huntington National Bank Has $29,000 Stock Holdings in Endava plc (NYSE:DAVA)

Huntington National Bank decreased its holdings in shares of Endava plc (NYSE:DAVAFree Report) by 39.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 501 shares of the company’s stock after selling 325 shares during the quarter. Huntington National Bank’s holdings in Endava were worth $29,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Azimuth Capital Investment Management LLC raised its position in shares of Endava by 0.4% during the 1st quarter. Azimuth Capital Investment Management LLC now owns 46,927 shares of the company’s stock valued at $3,153,000 after acquiring an additional 210 shares during the last quarter. Royal Bank of Canada raised its position in shares of Endava by 3.1% during the 3rd quarter. Royal Bank of Canada now owns 7,323 shares of the company’s stock valued at $590,000 after acquiring an additional 218 shares during the last quarter. Pathstone Family Office LLC raised its position in shares of Endava by 9.1% during the 4th quarter. Pathstone Family Office LLC now owns 3,226 shares of the company’s stock valued at $250,000 after acquiring an additional 270 shares during the last quarter. Captrust Financial Advisors raised its position in shares of Endava by 30.5% during the 1st quarter. Captrust Financial Advisors now owns 1,218 shares of the company’s stock valued at $162,000 after acquiring an additional 285 shares during the last quarter. Finally, Gilder Gagnon Howe & Co. LLC grew its holdings in shares of Endava by 7.9% in the 1st quarter. Gilder Gagnon Howe & Co. LLC now owns 4,043 shares of the company’s stock valued at $272,000 after buying an additional 297 shares during the period. Institutional investors own 56.10% of the company’s stock.

Endava Trading Up 2.7 %

Shares of NYSE DAVA opened at $71.79 on Tuesday. The firm has a market cap of $4.15 billion, a PE ratio of 46.32 and a beta of 1.26. Endava plc has a 1-year low of $44.62 and a 1-year high of $91.23. The company has a fifty day moving average price of $73.54 and a 200 day moving average price of $61.07.

Endava (NYSE:DAVAGet Free Report) last announced its earnings results on Wednesday, November 15th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. The firm had revenue of $188.40 million during the quarter, compared to analyst estimates of $186.47 million. Endava had a net margin of 9.62% and a return on equity of 13.27%. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.65 EPS. Equities research analysts forecast that Endava plc will post 1.16 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on DAVA shares. Morgan Stanley lowered shares of Endava from an “overweight” rating to an “equal weight” rating and boosted their price target for the company from $68.00 to $80.00 in a report on Wednesday, January 24th. Needham & Company LLC boosted their price target on shares of Endava from $65.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, November 16th. HSBC lowered shares of Endava from a “buy” rating to a “hold” rating and boosted their price target for the company from $68.00 to $80.00 in a report on Monday, January 8th. Citigroup boosted their price target on shares of Endava from $70.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, January 17th. Finally, JPMorgan Chase & Co. started coverage on shares of Endava in a report on Friday, December 8th. They issued a “neutral” rating and a $77.00 price target for the company. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Endava has a consensus rating of “Moderate Buy” and a consensus target price of $77.00.

Check Out Our Latest Report on Endava

Endava Company Profile

(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.

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Institutional Ownership by Quarter for Endava (NYSE:DAVA)

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