US Bancorp DE Has $694,000 Position in Elbit Systems Ltd. (NASDAQ:ESLT)

US Bancorp DE boosted its holdings in shares of Elbit Systems Ltd. (NASDAQ:ESLT) by 9.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,690 shares of the aerospace company’s stock after buying an additional 222 shares during the period. US Bancorp DE’s holdings in Elbit Systems were worth $694,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Y.D. More Investments Ltd grew its holdings in Elbit Systems by 10.1% during the fourth quarter. Y.D. More Investments Ltd now owns 449,747 shares of the aerospace company’s stock worth $117,520,000 after buying an additional 41,401 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Elbit Systems by 12.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 170,703 shares of the aerospace company’s stock worth $34,158,000 after acquiring an additional 18,614 shares in the last quarter. Heard Capital LLC lifted its position in shares of Elbit Systems by 4.8% during the third quarter. Heard Capital LLC now owns 218,392 shares of the aerospace company’s stock valued at $43,700,000 after purchasing an additional 10,070 shares in the last quarter. Systematic Financial Management LP grew its position in Elbit Systems by 12.1% in the 3rd quarter. Systematic Financial Management LP now owns 74,322 shares of the aerospace company’s stock worth $14,872,000 after purchasing an additional 8,000 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new position in shares of Elbit Systems during the 3rd quarter worth approximately $1,519,000. 17.88% of the stock is owned by institutional investors.

Elbit Systems Stock Performance

NASDAQ ESLT opened at $347.85 on Tuesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.64 and a current ratio of 1.15. The company has a market capitalization of $15.46 billion, a PE ratio of 59.46 and a beta of 0.53. Elbit Systems Ltd. has a 52-week low of $175.30 and a 52-week high of $359.08. The company has a 50-day simple moving average of $300.07 and a 200 day simple moving average of $250.73.

Analysts Set New Price Targets

Separately, StockNews.com lowered Elbit Systems from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 25th.

About Elbit Systems

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.