Charles Schwab Investment Management Inc. Decreases Stock Position in Telos Co. (NASDAQ:TLS)

Charles Schwab Investment Management Inc. lowered its holdings in Telos Co. (NASDAQ:TLS) by 4.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 423,225 shares of the company’s stock after selling 17,720 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.59% of Telos worth $1,519,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. OneDigital Investment Advisors LLC raised its position in Telos by 26.5% during the third quarter. OneDigital Investment Advisors LLC now owns 25,300 shares of the company’s stock valued at $91,000 after purchasing an additional 5,300 shares in the last quarter. American Century Companies Inc. lifted its holdings in Telos by 11.5% in the second quarter. American Century Companies Inc. now owns 79,988 shares of the company’s stock worth $322,000 after buying an additional 8,229 shares during the period. US Bancorp DE bought a new stake in shares of Telos during the 3rd quarter valued at $39,000. SG Americas Securities LLC boosted its position in shares of Telos by 129.8% in the 3rd quarter. SG Americas Securities LLC now owns 23,478 shares of the company’s stock worth $84,000 after purchasing an additional 13,263 shares in the last quarter. Finally, Intech Investment Management LLC purchased a new stake in Telos during the 3rd quarter valued at $49,000. 62.14% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on TLS. BMO Capital Markets increased their price objective on shares of Telos from $3.00 to $4.50 and gave the stock a “market perform” rating in a research note on Wednesday, November 13th. B. Riley reaffirmed a “buy” rating and issued a $5.00 price target on shares of Telos in a report on Thursday, August 29th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $4.50.

Telos Stock Performance

Shares of TLS stock opened at $3.74 on Tuesday. 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 $270.70 million, a P/E ratio of -5.34 and a beta of 0.92. The business’s 50 day moving average is $3.60 and its two-hundred day moving average is $3.64. Telos Co. has a 12-month low of $1.89 and a 12-month high of $5.03.

Telos Company 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.