Blair William & Co. IL Has $49,000 Position in Telos Co. (NASDAQ:TLS)

Blair William & Co. IL cut its position in shares of Telos Co. (NASDAQ:TLS) by 28.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,314 shares of the company’s stock after selling 5,686 shares during the period. Blair William & Co. IL’s holdings in Telos were worth $49,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. EP Wealth Advisors LLC bought a new stake in Telos in the third quarter valued at approximately $3,665,000. Tocqueville Asset Management L.P. bought a new stake in Telos in the 4th quarter valued at $1,351,000. State Street Corp lifted its holdings in Telos by 27.0% during the 3rd quarter. State Street Corp now owns 933,156 shares of the company’s stock valued at $3,350,000 after purchasing an additional 198,676 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its position in Telos by 28.5% during the third quarter. Jacobs Levy Equity Management Inc. now owns 839,855 shares of the company’s stock worth $3,015,000 after purchasing an additional 186,059 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of Telos by 75.3% in the fourth quarter. JPMorgan Chase & Co. now owns 299,206 shares of the company’s stock valued at $1,023,000 after purchasing an additional 128,507 shares during the last quarter. 62.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. DA Davidson reduced their target price on shares of Telos from $3.50 to $2.50 and set a “neutral” rating for the company in a report on Tuesday, March 11th. BMO Capital Markets decreased their target price on Telos from $4.50 to $3.00 and set a “market perform” rating on the stock in a research report on Tuesday, March 11th. Wedbush reissued an “outperform” rating and set a $6.00 price target on shares of Telos in a report on Tuesday, March 11th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Telos in a report on Wednesday, March 12th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $4.13.

Telos Stock Down 2.6 %

Shares of TLS opened at $2.26 on Monday. 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 stock has a market capitalization of $169.21 million, a PE ratio of -3.23 and a beta of 0.98. The firm’s 50 day moving average is $2.95 and its 200-day moving average is $3.31. Telos Co. has a 12 month low of $1.89 and a 12 month high of $5.03.

Telos (NASDAQ:TLS) last announced its quarterly earnings data on Monday, March 10th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.05). The company had revenue of $26.37 million during the quarter, compared to analyst estimates of $25.55 million. Telos had a negative net margin of 40.80% and a negative return on equity of 28.19%. During the same period in the prior year, the firm earned ($0.09) earnings per share. Equities research analysts forecast that Telos Co. will post -0.68 EPS for the current year.

About Telos

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.