Charles Schwab Investment Management Inc. Has $1.52 Million Stock Position in Telos Co. (NASDAQ:TLS)

Charles Schwab Investment Management Inc. lifted its stake in shares of Telos Co. (NASDAQ:TLS) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 444,473 shares of the company’s stock after acquiring an additional 21,248 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.61% of Telos worth $1,520,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. EP Wealth Advisors LLC acquired a new position in Telos during the 3rd quarter worth approximately $3,665,000. State Street Corp boosted its holdings in Telos by 27.0% during the third quarter. State Street Corp now owns 933,156 shares of the company’s stock worth $3,350,000 after purchasing an additional 198,676 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its position in Telos by 28.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 839,855 shares of the company’s stock valued at $3,015,000 after purchasing an additional 186,059 shares in the last quarter. XTX Topco Ltd bought a new stake in Telos during the 3rd quarter worth about $240,000. Finally, Barclays PLC boosted its stake in shares of Telos by 0.6% during the 3rd quarter. Barclays PLC now owns 9,180,956 shares of the company’s stock worth $32,961,000 after buying an additional 52,320 shares during the last quarter. 62.14% of the stock is currently owned by institutional investors and hedge funds.

Telos Stock Performance

Shares of NASDAQ TLS opened at $2.46 on Friday. The company has a current ratio of 3.64, a quick ratio of 3.59 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $178.48 million, a P/E ratio of -3.51 and a beta of 0.90. Telos Co. has a 12 month low of $1.89 and a 12 month high of $5.03. The stock has a 50 day moving average of $3.05 and a 200-day moving average of $3.35.

Telos (NASDAQ:TLS) last released its quarterly earnings data on Monday, March 10th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.05). The company had revenue of $26.37 million for the quarter, compared to the consensus estimate of $25.55 million. Telos had a negative return on equity of 28.19% and a negative net margin of 40.80%. During the same period last year, the firm earned ($0.09) earnings per share. As a group, equities research analysts predict that Telos Co. will post -0.68 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on TLS shares. BMO Capital Markets lowered their target price on Telos from $4.50 to $3.00 and set a “market perform” rating on the stock in a research report on Tuesday, March 11th. Needham & Company LLC reiterated a “hold” rating on shares of Telos in a research note on Wednesday, March 12th. Wedbush reissued an “outperform” rating and issued a $6.00 price objective on shares of Telos in a report on Tuesday, March 11th. Finally, DA Davidson dropped their price target on shares of Telos from $3.50 to $2.50 and set a “neutral” rating on the stock in a research report on Tuesday, March 11th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Telos presently has an average rating of “Hold” and an average price target of $4.13.

Telos Profile

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.