Public Employees Retirement System of Ohio Makes New $64,000 Investment in Telos Co. (NASDAQ:TLS)

Public Employees Retirement System of Ohio acquired a new stake in Telos Co. (NASDAQ:TLS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 17,900 shares of the company’s stock, valued at approximately $64,000.

A number of other hedge funds also recently made changes to their positions in TLS. XTX Topco Ltd bought a new stake in shares of Telos during the 3rd quarter worth about $240,000. EP Wealth Advisors LLC acquired a new stake in Telos during the third quarter worth approximately $3,665,000. State Street Corp boosted its holdings in shares of Telos by 27.0% during the third quarter. State Street Corp now owns 933,156 shares of the company’s stock worth $3,350,000 after acquiring an additional 198,676 shares during the period. Jacobs Levy Equity Management Inc. grew its position in shares of Telos by 28.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 839,855 shares of the company’s stock valued at $3,015,000 after purchasing an additional 186,059 shares during the last quarter. Finally, MetLife Investment Management LLC increased its stake in shares of Telos by 81.5% during the third quarter. MetLife Investment Management LLC now owns 27,205 shares of the company’s stock worth $98,000 after purchasing an additional 12,212 shares during the period. 62.14% of the stock is owned by institutional investors and hedge funds.

Telos Price Performance

Shares of NASDAQ TLS opened at $3.50 on Monday. The business has a fifty day moving average price of $3.61 and a two-hundred day moving average price of $3.62. The stock has a market capitalization of $253.33 million, a PE ratio of -5.00 and a beta of 0.92. 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 fifty-two week low of $1.89 and a fifty-two week high of $5.03.

Analysts Set New Price Targets

A number of research analysts have commented on the company. BMO Capital Markets upped their price objective on Telos from $3.00 to $4.50 and gave the company a “market perform” rating in a report on Wednesday, November 13th. B. Riley restated a “buy” rating and issued a $5.00 price target on shares of Telos in a research note on Thursday, August 29th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $4.50.

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.