Oppenheimer & Co. Inc. Acquires 10,372 Shares of Telos Co. (NASDAQ:TLS)

Oppenheimer & Co. Inc. raised its holdings in shares of Telos Co. (NASDAQ:TLS) by 28.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,271 shares of the company’s stock after acquiring an additional 10,372 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.07% of Telos worth $162,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. US Bancorp DE purchased a new stake in shares of Telos in the third quarter worth $39,000. GSA Capital Partners LLP boosted its holdings in Telos by 26.3% in the 3rd quarter. GSA Capital Partners LLP now owns 519,361 shares of the company’s stock worth $1,865,000 after buying an additional 108,049 shares during the period. OneDigital Investment Advisors LLC increased its stake in Telos by 26.5% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 25,300 shares of the company’s stock worth $91,000 after buying an additional 5,300 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in Telos by 81.0% during the third quarter. Cassaday & Co Wealth Management LLC now owns 137,449 shares of the company’s stock valued at $493,000 after acquiring an additional 61,493 shares during the period. Finally, Pathstone Holdings LLC lifted its position in shares of Telos by 23.3% in the third quarter. Pathstone Holdings LLC now owns 496,441 shares of the company’s stock valued at $1,782,000 after acquiring an additional 93,829 shares in the last quarter. Institutional investors own 62.14% of the company’s stock.

Telos Stock Performance

TLS opened at $2.87 on Monday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.59 and a current ratio of 3.64. The stock has a market capitalization of $207.73 million, a price-to-earnings ratio of -4.10 and a beta of 0.90. The company has a fifty day moving average of $3.24 and a 200 day moving average of $3.43. Telos Co. has a fifty-two week low of $1.89 and a fifty-two week high of $5.03.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets increased their target price on Telos from $3.00 to $4.50 and gave the stock a “market perform” rating in a research report on Wednesday, November 13th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, Telos presently has an average rating of “Hold” and a consensus target price of $4.50.

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.