Blair William & Co. IL Has $49,000 Stake in Telos Co. (NASDAQ:TLS)

Blair William & Co. IL reduced its holdings in Telos Co. (NASDAQ:TLS) by 28.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,314 shares of the company’s stock after selling 5,686 shares during the period. Blair William & Co. IL’s holdings in Telos were worth $49,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp grew its position in shares of Telos by 27.0% during the 3rd quarter. State Street Corp now owns 933,156 shares of the company’s stock worth $3,350,000 after buying an additional 198,676 shares during the period. Jacobs Levy Equity Management Inc. grew its holdings in Telos by 28.5% during 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 during the period. Oppenheimer & Co. Inc. increased its stake in Telos by 28.1% in the fourth quarter. Oppenheimer & Co. Inc. now owns 47,271 shares of the company’s stock valued at $162,000 after purchasing an additional 10,372 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Telos by 12.5% in the third quarter. JPMorgan Chase & Co. now owns 170,699 shares of the company’s stock worth $613,000 after purchasing an additional 18,956 shares during the period. Finally, Rhumbline Advisers boosted its position in shares of Telos by 8.1% during the fourth quarter. Rhumbline Advisers now owns 80,281 shares of the company’s stock worth $275,000 after purchasing an additional 6,019 shares in the last quarter. 62.14% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently commented on TLS shares. Wedbush reaffirmed an “outperform” rating and set a $6.00 price objective on shares of Telos in a research note on Tuesday, March 11th. BMO Capital Markets lowered their price target on Telos from $4.50 to $3.00 and set a “market perform” rating for the company in a report on Tuesday, March 11th. Needham & Company LLC reiterated a “hold” rating on shares of Telos in a report on Wednesday, March 12th. Finally, DA Davidson lowered their target price on Telos from $3.50 to $2.50 and set a “neutral” rating for the company in a research note on Tuesday, March 11th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Telos presently has an average rating of “Hold” and a consensus price target of $4.13.

Telos Stock Performance

TLS opened at $2.26 on Monday. Telos Co. has a 1 year low of $1.89 and a 1 year high of $5.03. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.64 and a quick ratio of 3.59. The business’s 50-day moving average price is $2.95 and its two-hundred day moving average price is $3.31. The company has a market capitalization of $169.21 million, a price-to-earnings ratio of -3.23 and a beta of 0.98.

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

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.