Clal Insurance Enterprises Holdings Ltd decreased its holdings in shares of Elbit Systems Ltd. (NASDAQ:ESLT - Free Report) by 3.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,352,900 shares of the aerospace company's stock after selling 41,779 shares during the quarter. Elbit Systems accounts for approximately 3.2% of Clal Insurance Enterprises Holdings Ltd's portfolio, making the stock its 6th largest position. Clal Insurance Enterprises Holdings Ltd owned about 3.04% of Elbit Systems worth $353,933,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of ESLT. Blue Trust Inc. lifted its stake in Elbit Systems by 7.3% during the fourth quarter. Blue Trust Inc. now owns 987 shares of the aerospace company's stock worth $255,000 after purchasing an additional 67 shares during the last quarter. First Trust Direct Indexing L.P. lifted its position in Elbit Systems by 2.5% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 2,987 shares of the aerospace company's stock worth $598,000 after buying an additional 72 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in Elbit Systems by 0.7% in the third quarter. Advisors Asset Management Inc. now owns 12,402 shares of the aerospace company's stock worth $2,482,000 after buying an additional 92 shares in the last quarter. Smartleaf Asset Management LLC grew its position in Elbit Systems by 196.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 160 shares of the aerospace company's stock valued at $41,000 after acquiring an additional 106 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Elbit Systems by 3.1% during the third quarter. State Street Corp now owns 4,534 shares of the aerospace company's stock worth $907,000 after acquiring an additional 136 shares in the last quarter. 17.88% of the stock is currently owned by institutional investors.
Elbit Systems Trading Up 3.5 %
Shares of NASDAQ:ESLT traded up $12.04 on Wednesday, reaching $352.04. 88,948 shares of the company traded hands, compared to its average volume of 40,106. The stock has a market capitalization of $15.65 billion, a P/E ratio of 60.18 and a beta of 0.53. The business's 50-day simple moving average is $292.59 and its 200 day simple moving average is $246.42. The company has a current ratio of 1.15, a quick ratio of 0.64 and a debt-to-equity ratio of 0.10. Elbit Systems Ltd. has a 52 week low of $175.30 and a 52 week high of $352.39.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut shares of Elbit Systems from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, February 25th.
Read Our Latest Stock Report on Elbit Systems
Elbit Systems Company Profile
(
Free Report)
Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel. The company operates through Aerospace, C4I and Cyber, ISTAR and EW, Land, and Elbit Systems of America segments.
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