Dimensional Fund Advisors LP Purchases 162,549 Shares of Telos Co. (NASDAQ:TLS)

Dimensional Fund Advisors LP lifted its position in shares of Telos Co. (NASDAQ:TLS - Free Report) by 16.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,145,861 shares of the company's stock after purchasing an additional 162,549 shares during the period. Dimensional Fund Advisors LP owned about 1.58% of Telos worth $3,919,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in TLS. EntryPoint Capital LLC bought a new position in Telos during the 4th quarter worth $117,000. Wells Fargo & Company MN increased its stake in shares of Telos by 15.6% in the fourth quarter. Wells Fargo & Company MN now owns 34,877 shares of the company's stock valued at $119,000 after buying an additional 4,705 shares during the period. Oppenheimer & Co. Inc. raised its position in shares of Telos by 28.1% during the fourth quarter. Oppenheimer & Co. Inc. now owns 47,271 shares of the company's stock worth $162,000 after acquiring an additional 10,372 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Telos by 97.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 64,680 shares of the company's stock worth $220,000 after acquiring an additional 31,904 shares during the period. Finally, Federated Hermes Inc. boosted its holdings in Telos by 20.0% in the fourth quarter. Federated Hermes Inc. now owns 72,000 shares of the company's stock valued at $246,000 after acquiring an additional 12,000 shares during the last quarter. Institutional investors and hedge funds own 62.14% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on TLS. Wedbush restated an "outperform" rating and set a $6.00 price target on shares of Telos in a report on Tuesday, March 11th. DA Davidson lowered their target price on shares of Telos from $3.50 to $2.50 and set a "neutral" rating for the company in a research note on Tuesday, March 11th. Needham & Company LLC restated a "hold" rating on shares of Telos in a report on Wednesday, March 12th. Finally, BMO Capital Markets cut 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. Three 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, the stock presently has an average rating of "Hold" and an average price target of $3.94.

Telos Trading Up 2.7%

Shares of TLS stock traded up $0.07 during trading hours on Friday, hitting $2.71. 525,377 shares of the company were exchanged, compared to its average volume of 629,224. The company has a 50 day simple moving average of $2.55 and a two-hundred day simple moving average of $3.10. The firm has a market cap of $202.90 million, a P/E ratio of -3.87 and a beta of 0.95. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.59 and a current ratio of 3.64. Telos Co. has a fifty-two week low of $1.83 and a fifty-two week high of $5.03.

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

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.