OneDigital Investment Advisors LLC raised its position in shares of Telos Co. (NASDAQ:TLS – Free Report) by 26.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,300 shares of the company’s stock after acquiring an additional 5,300 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Telos were worth $91,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. US Bancorp DE purchased a new position in Telos during the 3rd quarter valued at about $39,000. Lazard Asset Management LLC bought a new position in shares of Telos during the first quarter valued at approximately $58,000. SG Americas Securities LLC purchased a new position in shares of Telos during the first quarter valued at approximately $58,000. The Manufacturers Life Insurance Company bought a new stake in shares of Telos in the 2nd quarter worth approximately $92,000. Finally, Rhumbline Advisers grew its stake in shares of Telos by 4,277.7% in the 2nd quarter. Rhumbline Advisers now owns 77,311 shares of the company’s stock worth $311,000 after buying an additional 75,545 shares during the last quarter. Hedge funds and other institutional investors own 62.14% of the company’s stock.
Analyst Ratings Changes
A number of research analysts have issued reports on TLS shares. BMO Capital Markets lifted their price objective on Telos from $3.00 to $4.50 and gave the company a “market perform” rating in a research note on Wednesday, November 13th. Needham & Company LLC reiterated a “hold” rating on shares of Telos in a research note on Monday, August 12th. B. Riley reissued a “buy” rating and set a $5.00 price objective on shares of Telos in a research report on Thursday, August 29th. Finally, DA Davidson decreased their target price on shares of Telos from $3.50 to $2.50 and set a “neutral” rating for the company in a report on Monday, August 12th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $4.80.
Telos Trading Down 2.1 %
Telos stock opened at $3.25 on Friday. Telos Co. has a one year low of $1.89 and a one year high of $5.03. The business’s fifty day moving average is $3.61 and its 200 day moving average is $3.68. The stock has a market capitalization of $235.24 million, a PE ratio of -4.64 and a beta of 0.96. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.64 and a quick ratio of 3.59.
About Telos
Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions worldwide. The company operates in two segments, Security Solutions and Secure Networks. It provides Xacta, a platform for enterprise cyber risk management and security compliance automation; and consulting, assessment and compliance, engineering and evaluation, operations, and penetration testing services.
See Also
- Five stocks we like better than Telos
- What does consumer price index measure?
- Vertiv’s Cool Tech Makes Its Stock Red-Hot
- Why Are These Companies Considered Blue Chips?
- MarketBeat Week in Review – 11/18 – 11/22
- Using the MarketBeat Dividend Yield Calculator
- 2 Finance Stocks With Competitive Advantages You Can’t Ignore
Receive News & Ratings for Telos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telos and related companies with MarketBeat.com's FREE daily email newsletter.