Deutsche Bank AG Increases Stock Holdings in Telos Co. (NASDAQ:TLS)

Deutsche Bank AG increased its holdings in shares of Telos Co. (NASDAQ:TLS) by 33.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,981 shares of the company’s stock after buying an additional 11,037 shares during the quarter. Deutsche Bank AG owned 0.06% of Telos worth $150,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. MetLife Investment Management LLC grew its stake in Telos by 25.0% during the 4th quarter. MetLife Investment Management LLC now owns 34,017 shares of the company’s stock valued at $116,000 after purchasing an additional 6,812 shares during the last quarter. EntryPoint Capital LLC purchased a new stake in Telos during the 4th quarter valued at about $117,000. Wells Fargo & Company MN grew its stake in Telos by 15.6% during the 4th quarter. Wells Fargo & Company MN now owns 34,877 shares of the company’s stock valued at $119,000 after purchasing an additional 4,705 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in Telos by 28.1% during the 4th 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 during the last quarter. Finally, Baird Financial Group Inc. purchased a new stake in Telos during the 4th quarter valued at about $211,000. 62.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TLS has been the topic of several research analyst reports. Wall Street Zen upgraded Telos from a “sell” rating to a “hold” rating in a research note on Thursday, May 22nd. DA Davidson decreased their price objective on Telos from $3.50 to $2.50 and set a “neutral” rating for the company in a report on Tuesday, March 11th. BMO Capital Markets decreased their price objective on Telos from $3.00 to $2.25 and set a “market perform” rating for the company in a report on Monday, May 12th. Needham & Company LLC reissued a “hold” rating on shares of Telos in a report on Wednesday, March 12th. Finally, Wedbush reissued an “outperform” rating and issued a $6.00 price objective on shares of Telos in a report on Tuesday, March 11th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Telos currently has an average rating of “Hold” and a consensus target price of $3.94.

Telos Stock Performance

Shares of TLS stock opened at $2.63 on Tuesday. The stock has a market cap of $193.27 million, a PE ratio of -3.76 and a beta of 0.95. The business has a 50-day simple moving average of $2.52 and a 200-day simple moving average of $2.97. The company has a quick ratio of 3.59, a current ratio of 3.64 and a debt-to-equity ratio of 0.06. Telos Co. has a 52-week low of $1.83 and a 52-week high of $5.03.

Telos (NASDAQ:TLS) last released its quarterly 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). The business had revenue of $26.37 million during the quarter, compared to analyst estimates of $25.55 million. Telos had a negative return on equity of 28.19% and a negative net margin of 40.80%. During the same period in the previous year, the company posted ($0.09) EPS. On average, equities analysts expect that Telos Co. will post -0.68 EPS for the current 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.