MetLife Investment Management LLC Raises Stake in Telos Co. (NASDAQ:TLS)

MetLife Investment Management LLC boosted its stake in shares of Telos Co. (NASDAQ:TLS) by 25.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,017 shares of the company’s stock after buying an additional 6,812 shares during the quarter. MetLife Investment Management LLC’s holdings in Telos were worth $116,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. lifted its position in shares of Telos by 28.1% during the 4th quarter. Oppenheimer & Co. Inc. now owns 47,271 shares of the company’s stock valued at $162,000 after buying an additional 10,372 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Telos by 12.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 170,699 shares of the company’s stock valued at $613,000 after acquiring an additional 18,956 shares during the period. Rhumbline Advisers lifted its holdings in Telos by 8.1% during the fourth quarter. Rhumbline Advisers now owns 80,281 shares of the company’s stock valued at $275,000 after purchasing an additional 6,019 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Telos by 5.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 444,473 shares of the company’s stock worth $1,520,000 after purchasing an additional 21,248 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased 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 purchasing an additional 31,904 shares in the last quarter. Hedge funds and other institutional investors own 62.14% of the company’s stock.

Telos Stock Performance

NASDAQ TLS opened at $2.00 on Friday. The company’s 50 day simple moving average is $2.57 and its two-hundred day simple moving average is $3.12. The stock has a market capitalization of $149.74 million, a PE ratio of -2.86 and a beta of 0.95. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.64 and a quick ratio of 3.59. Telos Co. has a 1 year low of $1.83 and a 1 year high of $5.03.

Telos (NASDAQ:TLS) last issued its quarterly earnings data on Friday, May 9th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.08). Telos had a negative return on equity of 28.19% and a negative net margin of 40.80%. Analysts predict that Telos Co. will post -0.68 earnings per share for the current fiscal year.

Analyst Ratings Changes

TLS has been the topic of a number of recent research reports. DA Davidson dropped their price target on shares of Telos from $3.50 to $2.50 and set a “neutral” rating on the stock in a research note on Tuesday, March 11th. Needham & Company LLC restated a “hold” rating on shares of Telos in a research report on Wednesday, March 12th. Wedbush reiterated an “outperform” rating and issued a $6.00 price target on shares of Telos in a research report on Tuesday, March 11th. Finally, BMO Capital Markets decreased their price objective on Telos from $4.50 to $3.00 and set a “market perform” rating on the stock in a research note on Tuesday, March 11th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $4.13.

Telos 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.