NBC Securities Inc. Acquires 12,097 Shares of Telos Co. (NASDAQ:TLS)

NBC Securities Inc. lifted its holdings in shares of Telos Co. (NASDAQ:TLS) by 100,808.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,109 shares of the company’s stock after purchasing an additional 12,097 shares during the quarter. NBC Securities Inc.’s holdings in Telos were worth $28,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. ProShare Advisors LLC increased its holdings in shares of Telos by 49.1% during the fourth quarter. ProShare Advisors LLC now owns 15,512 shares of the company’s stock worth $53,000 after purchasing an additional 5,105 shares during the period. Alpha Wealth Funds LLC bought a new position in shares of Telos during the fourth quarter worth approximately $69,000. MetLife Investment Management LLC increased its holdings in shares of Telos by 25.0% during the fourth quarter. MetLife Investment Management LLC now owns 34,017 shares of the company’s stock worth $116,000 after purchasing an additional 6,812 shares during the period. EntryPoint Capital LLC bought a new position in shares of Telos during the fourth quarter worth approximately $117,000. Finally, Wells Fargo & Company MN increased its holdings in shares of Telos by 15.6% during the fourth quarter. Wells Fargo & Company MN now owns 34,877 shares of the company’s stock worth $119,000 after purchasing an additional 4,705 shares during the period. 62.14% of the stock is owned by institutional investors.

Telos Stock Performance

NASDAQ TLS opened at $2.70 on Friday. The company has a current ratio of 3.64, a quick ratio of 3.59 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $198.41 million, a price-to-earnings ratio of -3.86 and a beta of 0.90. The firm’s 50 day simple moving average is $2.58 and its 200 day simple moving average is $2.95. Telos Co. has a 1 year low of $1.83 and a 1 year high of $4.82.

Wall Street Analyst Weigh In

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

Telos Company 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.