Elbit Systems Ltd. (NASDAQ:ESLT - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The company traded as high as $334.65 and last traded at $332.32, with a volume of 13878 shares traded. The stock had previously closed at $310.99.
Analyst Ratings Changes
Separately, StockNews.com downgraded shares of Elbit Systems from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 25th.
View Our Latest Stock Analysis on ESLT
Elbit Systems Trading Up 0.9 %
The firm has a fifty day moving average of $298.28 and a 200 day moving average of $249.32. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.64 and a current ratio of 1.15. The firm has a market capitalization of $15.87 billion, a PE ratio of 61.03 and a beta of 0.53.
Institutional Investors Weigh In On Elbit Systems
A number of hedge funds have recently added to or reduced their stakes in ESLT. Hurley Capital LLC acquired a new stake in shares of Elbit Systems in the 4th quarter worth about $26,000. Prestige Wealth Management Group LLC raised its holdings in shares of Elbit Systems by 150.0% during the fourth quarter. Prestige Wealth Management Group LLC now owns 125 shares of the aerospace company's stock valued at $32,000 after buying an additional 75 shares during the last quarter. Sierra Ocean LLC acquired a new position in Elbit Systems during the 4th quarter worth $41,000. Smartleaf Asset Management LLC lifted its holdings in Elbit Systems by 196.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 160 shares of the aerospace company's stock worth $41,000 after purchasing an additional 106 shares during the period. Finally, Coastline Trust Co acquired a new position in Elbit Systems during the 3rd quarter valued at about $34,000. 17.88% of the stock is currently owned by institutional investors.
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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