State Street Corp Has $2.05 Million Stock Holdings in Endava plc (NYSE:DAVA)

State Street Corp boosted its position in shares of Endava plc (NYSE:DAVA - Free Report) by 33.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 80,148 shares of the company's stock after purchasing an additional 19,884 shares during the quarter. State Street Corp owned about 0.14% of Endava worth $2,047,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Blue Trust Inc. bought a new stake in Endava in the third quarter valued at approximately $30,000. Signaturefd LLC increased its position in shares of Endava by 84.1% in the 3rd quarter. Signaturefd LLC now owns 1,939 shares of the company's stock valued at $50,000 after buying an additional 886 shares in the last quarter. Seven Eight Capital LP acquired a new stake in Endava during the 2nd quarter worth $216,000. Precision Wealth Strategies LLC grew its stake in Endava by 6.7% in the third quarter. Precision Wealth Strategies LLC now owns 8,571 shares of the company's stock valued at $219,000 after acquiring an additional 540 shares during the period. Finally, Strengthening Families & Communities LLC grew its position in shares of Endava by 11.4% in the 3rd quarter. Strengthening Families & Communities LLC now owns 9,116 shares of the company's stock valued at $233,000 after purchasing an additional 933 shares during the period. Institutional investors own 62.23% of the company's stock.

Endava Price Performance

Shares of DAVA stock traded down $0.41 during trading hours on Thursday, reaching $30.49. The company's stock had a trading volume of 426,768 shares, compared to its average volume of 521,179. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.21. Endava plc has a fifty-two week low of $23.28 and a fifty-two week high of $81.06. The company has a market capitalization of $1.80 billion, a price-to-earnings ratio of 217.79, a PEG ratio of 2.16 and a beta of 1.24. The firm's 50 day simple moving average is $28.34 and its 200-day simple moving average is $28.67.

Wall Street Analyst Weigh In

DAVA has been the topic of a number of research analyst reports. Guggenheim dropped their price objective on shares of Endava from $45.00 to $40.00 and set a "buy" rating on the stock in a report on Wednesday, November 6th. TD Cowen lifted their price target on Endava from $35.00 to $36.00 and gave the company a "buy" rating in a research note on Wednesday, November 13th. Citigroup reduced their price objective on Endava from $30.00 to $27.00 and set a "neutral" rating for the company in a research report on Monday, October 28th. Susquehanna dropped their target price on Endava from $66.00 to $55.00 and set a "positive" rating on the stock in a research report on Friday, September 20th. Finally, Needham & Company LLC upped their price target on Endava from $33.00 to $36.00 and gave the stock a "buy" rating in a research report on Thursday, November 14th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $39.83.

About Endava

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.