Barclays PLC Raises Holdings in Telos Co. (NASDAQ:TLS)

Barclays PLC increased its stake in shares of Telos Co. (NASDAQ:TLS) by 0.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,180,956 shares of the company’s stock after acquiring an additional 52,320 shares during the quarter. Barclays PLC owned approximately 0.13% of Telos worth $32,961,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. EP Wealth Advisors LLC bought a new position in shares of Telos during the third quarter valued at about $3,665,000. Bank of Montreal Can bought a new position in Telos during the 2nd quarter valued at approximately $1,128,000. State Street Corp lifted its holdings in Telos by 27.0% in 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. Renaissance Technologies LLC lifted its holdings in Telos by 22.9% in the 2nd quarter. Renaissance Technologies LLC now owns 1,024,400 shares of the company’s stock worth $4,118,000 after buying an additional 190,700 shares during the period. Finally, Jacobs Levy Equity Management Inc. grew its position in shares of Telos by 28.5% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 839,855 shares of the company’s stock worth $3,015,000 after buying an additional 186,059 shares during the last quarter. 62.14% of the stock is owned by hedge funds and other institutional investors.

Telos Stock Down 1.4 %

Shares of NASDAQ:TLS opened at $3.47 on Friday. The firm has a market capitalization of $251.16 million, a P/E ratio of -4.96 and a beta of 0.92. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.59 and a current ratio of 3.64. The stock has a 50 day moving average price of $3.59 and a 200-day moving average price of $3.65. Telos Co. has a 52-week low of $1.89 and a 52-week high of $5.03.

Analyst Ratings Changes

A number of analysts recently commented on TLS shares. B. Riley reaffirmed a “buy” rating and issued a $5.00 price target on shares of Telos in a research note on Thursday, August 29th. BMO Capital Markets upped their price objective on shares of Telos from $3.00 to $4.50 and gave the stock a “market perform” rating in a report on Wednesday, November 13th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $4.50.

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.