Charles Schwab Investment Management Inc. Has $436,000 Holdings in Elbit Systems Ltd. (NASDAQ:ESLT)

Charles Schwab Investment Management Inc. grew its position in Elbit Systems Ltd. (NASDAQ:ESLT) by 57.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,179 shares of the aerospace company’s stock after purchasing an additional 796 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Elbit Systems were worth $436,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Altshuler Shaham Ltd grew its holdings in Elbit Systems by 2.0% in the 2nd quarter. Altshuler Shaham Ltd now owns 912,307 shares of the aerospace company’s stock valued at $161,177,000 after buying an additional 18,014 shares in the last quarter. Y.D. More Investments Ltd boosted its position in shares of Elbit Systems by 32,724.6% in the second quarter. Y.D. More Investments Ltd now owns 403,742 shares of the aerospace company’s stock valued at $71,329,000 after acquiring an additional 402,512 shares during the period. Meitav Investment House Ltd. grew its stake in shares of Elbit Systems by 41.3% in the third quarter. Meitav Investment House Ltd. now owns 336,836 shares of the aerospace company’s stock valued at $67,264,000 after acquiring an additional 98,440 shares in the last quarter. Swiss National Bank increased its position in Elbit Systems by 0.5% during the third quarter. Swiss National Bank now owns 79,626 shares of the aerospace company’s stock worth $15,896,000 after acquiring an additional 368 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Elbit Systems by 1.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 53,971 shares of the aerospace company’s stock worth $10,799,000 after purchasing an additional 593 shares in the last quarter. Institutional investors own 17.88% of the company’s stock.

Elbit Systems Price Performance

Elbit Systems stock opened at $259.31 on Friday. The firm has a market cap of $11.53 billion, a PE ratio of 44.33 and a beta of 0.52. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.15 and a quick ratio of 0.64. The stock’s fifty day moving average price is $236.04 and its two-hundred day moving average price is $206.68. Elbit Systems Ltd. has a one year low of $175.30 and a one year high of $266.35.

Elbit Systems Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Monday, December 23rd will be given a $0.50 dividend. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.77%. This is a boost from Elbit Systems’s previous quarterly dividend of $0.42. Elbit Systems’s dividend payout ratio (DPR) is presently 28.38%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Elbit Systems from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 20th.

Elbit Systems Profile

Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel. The company operates through Aerospace, C4I and Cyber, ISTAR and EW, Land, and Elbit Systems of America segments.