Connor Clark & Lunn Investment Management Ltd. Has $556,000 Stock Holdings in Telos Co. (NASDAQ:TLS)

Connor Clark & Lunn Investment Management Ltd. reduced its stake in shares of Telos Co. (NASDAQ:TLS) by 10.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 154,845 shares of the company’s stock after selling 18,479 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.21% of Telos worth $556,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Bank of Montreal Can acquired a new position in shares of Telos during the second quarter worth about $1,128,000. Renaissance Technologies LLC boosted its position in Telos by 22.9% during the 2nd quarter. Renaissance Technologies LLC now owns 1,024,400 shares of the company’s stock worth $4,118,000 after acquiring an additional 190,700 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Telos by 1,396.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 180,901 shares of the company’s stock worth $727,000 after acquiring an additional 168,813 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Telos by 21.7% in the second quarter. Dimensional Fund Advisors LP now owns 776,406 shares of the company’s stock valued at $3,121,000 after purchasing an additional 138,657 shares during the last quarter. Finally, GSA Capital Partners LLP lifted its position in shares of Telos by 26.3% in the third quarter. GSA Capital Partners LLP now owns 519,361 shares of the company’s stock worth $1,865,000 after purchasing an additional 108,049 shares in the last quarter. Institutional investors own 62.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. B. Riley reaffirmed a “buy” rating and issued a $5.00 target price on shares of Telos in a research report on Thursday, August 29th. Needham & Company LLC reaffirmed a “hold” rating on shares of Telos in a research report on Monday, August 12th. BMO Capital Markets raised their price target on Telos from $3.00 to $4.50 and gave the company a “market perform” rating in a research note on Wednesday, November 13th. Finally, DA Davidson lowered their target price on shares of Telos from $3.50 to $2.50 and set a “neutral” rating on the stock in a report on Monday, August 12th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $4.80.

Telos Price Performance

Telos stock opened at $3.40 on Friday. The company’s 50-day moving average price is $3.60 and its two-hundred day moving average price is $3.68. The stock has a market cap of $246.09 million, a P/E ratio of -4.86 and a beta of 0.96. Telos Co. has a twelve month low of $1.89 and a twelve month high of $5.03. The company has a quick ratio of 3.59, a current ratio of 3.64 and a debt-to-equity ratio of 0.06.

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.