456,057 Shares in Telos Corporation (NASDAQ:TLS) Bought by Acuitas Investments LLC

Acuitas Investments LLC purchased a new position in shares of Telos Corporation (NASDAQ:TLS - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 456,057 shares of the company's stock, valued at approximately $1,085,000. Acuitas Investments LLC owned 0.61% of Telos at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Telos by 100.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,569,612 shares of the company's stock valued at $22,469,000 after acquiring an additional 3,296,586 shares during the last quarter. Tocqueville Asset Management L.P. acquired a new position in shares of Telos in the 4th quarter valued at $1,351,000. Barclays PLC boosted its position in shares of Telos by 3.7% in the 4th quarter. Barclays PLC now owns 9,523,032 shares of the company's stock worth $32,569,000 after purchasing an additional 342,076 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Telos by 16.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,145,861 shares of the company's stock worth $3,919,000 after purchasing an additional 162,549 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Telos by 75.3% during the fourth quarter. JPMorgan Chase & Co. now owns 299,206 shares of the company's stock worth $1,023,000 after purchasing an additional 128,507 shares during the period. 62.14% of the stock is owned by institutional investors.

Telos Trading Up 5.2%

Shares of Telos stock traded up $0.16 during trading hours on Friday, hitting $3.23. The company's stock had a trading volume of 679,833 shares, compared to its average volume of 633,992. The company has a market capitalization of $237.37 million, a PE 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. The stock has a 50 day moving average of $2.69 and a 200 day moving average of $2.88. Telos Corporation has a 12 month low of $1.83 and a 12 month high of $4.82.

Analyst Ratings Changes

TLS has been the topic of several analyst reports. Wall Street Zen raised Telos from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. Needham & Company LLC reiterated a "hold" rating on shares of Telos in a research report on Wednesday, March 12th. Wedbush reissued an "outperform" rating and set a $6.00 price objective on shares of Telos in a research note on Tuesday, March 11th. BMO Capital Markets lowered their target price on shares of Telos from $3.00 to $2.25 and set a "market perform" rating for the company in a research note on Monday, May 12th. Finally, DA Davidson cut their target price on shares of Telos from $3.50 to $2.50 and set a "neutral" rating on the stock in a report on Tuesday, March 11th. Four investment 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 company presently has an average rating of "Hold" and a consensus 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.