Steward Partners Investment Advisory LLC Acquires 675 Shares of Elbit Systems Ltd. (NASDAQ:ESLT)

Steward Partners Investment Advisory LLC grew its holdings in shares of Elbit Systems Ltd. (NASDAQ:ESLT) by 104.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,320 shares of the aerospace company’s stock after buying an additional 675 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Elbit Systems were worth $341,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Y.D. More Investments Ltd increased its stake in shares of Elbit Systems by 10.1% during the 4th quarter. Y.D. More Investments Ltd now owns 449,747 shares of the aerospace company’s stock worth $117,520,000 after purchasing an additional 41,401 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Elbit Systems by 12.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 170,703 shares of the aerospace company’s stock worth $34,158,000 after purchasing an additional 18,614 shares during the last quarter. Heard Capital LLC increased its stake in shares of Elbit Systems by 4.8% during the 3rd quarter. Heard Capital LLC now owns 218,392 shares of the aerospace company’s stock worth $43,700,000 after purchasing an additional 10,070 shares during the last quarter. Systematic Financial Management LP increased its stake in shares of Elbit Systems by 12.1% during 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 during the last quarter. Finally, Quadrature Capital Ltd acquired a new position in shares of Elbit Systems during the 3rd quarter worth about $1,519,000. 17.88% of the stock is owned by institutional investors.

Elbit Systems Stock Performance

Shares of NASDAQ:ESLT opened at $360.59 on Friday. The company’s 50 day moving average price is $303.89 and its two-hundred day moving average price is $252.53. Elbit Systems Ltd. has a 12-month low of $175.30 and a 12-month high of $361.75. The firm has a market cap of $16.03 billion, a PE ratio of 61.64 and a beta of 0.53. The company has a quick ratio of 0.64, a current ratio of 1.15 and a debt-to-equity ratio of 0.10.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Elbit Systems from a “strong-buy” rating to a “buy” rating in a research note 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.