XTX Topco Ltd Invests $240,000 in Telos Co. (NASDAQ:TLS)

XTX Topco Ltd acquired a new stake in shares of Telos Co. (NASDAQ:TLS) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 66,730 shares of the company’s stock, valued at approximately $240,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. US Bancorp DE bought a new position in Telos in the 3rd quarter valued at $39,000. Intech Investment Management LLC bought a new stake in Telos during the third quarter valued at $49,000. The Manufacturers Life Insurance Company purchased a new position in Telos during the second quarter worth about $92,000. SG Americas Securities LLC increased its stake in Telos by 129.8% in the 3rd quarter. SG Americas Securities LLC now owns 23,478 shares of the company’s stock worth $84,000 after acquiring an additional 13,263 shares during the last quarter. Finally, OneDigital Investment Advisors LLC raised its holdings in shares of Telos by 26.5% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 25,300 shares of the company’s stock valued at $91,000 after acquiring an additional 5,300 shares in the last quarter. Institutional investors own 62.14% of the company’s stock.

Telos Stock Down 7.7 %

TLS opened at $3.50 on Thursday. Telos Co. has a 12 month low of $1.89 and a 12 month high of $5.03. 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 business’s 50-day moving average price is $3.61 and its 200-day moving average price is $3.63. The company has a market cap of $253.33 million, a P/E ratio of -5.00 and a beta of 0.92.

Wall Street Analyst Weigh In

TLS has been the subject of several recent analyst reports. BMO Capital Markets boosted their price objective on Telos from $3.00 to $4.50 and gave the stock a “market perform” rating in a report on Wednesday, November 13th. B. Riley reissued a “buy” rating and issued a $5.00 price target on shares of Telos in a report on Thursday, August 29th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Telos has an average rating of “Hold” and an average price target of $4.50.

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.