Elbit Systems Ltd. (NASDAQ:ESLT - Get Free Report) shares hit a new 52-week high during trading on Thursday . The company traded as high as $361.75 and last traded at $358.56, with a volume of 10900 shares. The stock had previously closed at $354.23.
Analysts Set New Price Targets
Separately, StockNews.com cut Elbit Systems from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 25th.
Check Out Our Latest Stock Report on ESLT
Elbit Systems Stock Performance
The company has a current ratio of 1.15, a quick ratio of 0.64 and a debt-to-equity ratio of 0.10. The firm's fifty day moving average price is $310.09 and its two-hundred day moving average price is $256.37. The stock has a market capitalization of $16.42 billion, a PE ratio of 63.12 and a beta of 0.53.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. purchased a new position in shares of Elbit Systems in the 3rd quarter valued at about $210,000. Coastline Trust Co purchased a new stake in shares of Elbit Systems in the third quarter valued at approximately $34,000. Swiss National Bank raised its stake in shares of Elbit Systems by 0.5% during the 3rd quarter. Swiss National Bank now owns 79,626 shares of the aerospace company's stock worth $15,896,000 after buying an additional 368 shares during the period. West Family Investments Inc. purchased a new position in shares of Elbit Systems during the 3rd quarter valued at approximately $230,000. Finally, Avior Wealth Management LLC grew its stake in Elbit Systems by 49.1% in the 3rd quarter. Avior Wealth Management LLC now owns 480 shares of the aerospace company's stock valued at $96,000 after acquiring an additional 158 shares during the period. Hedge funds and other institutional investors own 17.88% of the company's stock.
About Elbit Systems
(
Get 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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