Acuitas Investments LLC Makes New $1.09 Million Investment in Telos Corporation (NASDAQ:TLS)

Acuitas Investments LLC purchased a new stake in Telos Corporation (NASDAQ:TLS - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 456,057 shares of the company's stock, valued at approximately $1,085,000. Acuitas Investments LLC owned about 0.61% of Telos as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. NBC Securities Inc. grew its holdings in Telos by 100,808.3% during the 1st quarter. NBC Securities Inc. now owns 12,109 shares of the company's stock worth $28,000 after acquiring an additional 12,097 shares during the last quarter. ProShare Advisors LLC grew its stake in shares of Telos by 49.1% in 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 last quarter. Alpha Wealth Funds LLC acquired a new stake in Telos in the fourth quarter valued at $69,000. MetLife Investment Management LLC increased its holdings in Telos by 25.0% in the fourth 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 period. Finally, EntryPoint Capital LLC bought a new position in Telos during the 4th quarter worth $117,000. Institutional investors and hedge funds own 62.14% of the company's stock.

Analysts Set New Price Targets

TLS has been the topic of a number of analyst reports. DA Davidson reduced their price target on Telos from $3.50 to $2.50 and set a "neutral" rating on the stock in a research report on Tuesday, March 11th. BMO Capital Markets reduced their target price on Telos from $3.00 to $2.25 and set a "market perform" rating on the stock in a report on Monday, May 12th. Needham & Company LLC restated a "hold" rating on shares of Telos in a report on Wednesday, March 12th. Wedbush restated an "outperform" rating and issued a $6.00 price target on shares of Telos in a research report on Tuesday, March 11th. Finally, Wall Street Zen upgraded shares of Telos from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, Telos presently has an average rating of "Hold" and a consensus target price of $3.94.

Telos Trading Up 5.2%

Shares of Telos stock traded up $0.16 on Thursday, hitting $3.23. 679,833 shares of the company's stock traded hands, compared to its average volume of 633,245. The company has a fifty day moving average of $2.68 and a two-hundred day moving average of $2.88. Telos Corporation has a one year low of $1.83 and a one year high of $4.82. The company has a market capitalization of $237.37 million, a price-to-earnings ratio of -4.31 and a beta of 0.98. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.00 and a quick ratio 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.