1,020,854 Shares in Telos Co. (NASDAQ:TLS) Purchased by EP Wealth Advisors LLC

EP Wealth Advisors LLC purchased a new position in shares of Telos Co. (NASDAQ:TLS - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,020,854 shares of the company's stock, valued at approximately $3,665,000. EP Wealth Advisors LLC owned about 1.41% of Telos at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. US Bancorp DE acquired a new position in Telos in the third quarter valued at about $39,000. Intech Investment Management LLC acquired a new position in shares of Telos in the 3rd quarter valued at approximately $49,000. The Manufacturers Life Insurance Company bought a new stake in shares of Telos during the 2nd quarter worth approximately $92,000. SG Americas Securities LLC boosted its position in shares of Telos by 129.8% during 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 in the last quarter. Finally, OneDigital Investment Advisors LLC raised its position in Telos by 26.5% during the third quarter. OneDigital Investment Advisors LLC now owns 25,300 shares of the company's stock valued at $91,000 after purchasing an additional 5,300 shares in the last quarter. 62.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TLS has been the topic of several recent analyst reports. B. Riley reiterated a "buy" rating and issued a $5.00 price target on shares of Telos in a research note on Thursday, August 29th. Needham & Company LLC reaffirmed a "hold" rating on shares of Telos in a research note on Monday, August 12th. BMO Capital Markets raised 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. Finally, DA Davidson lowered their target price on Telos from $3.50 to $2.50 and set a "neutral" rating for the company in a report on Monday, August 12th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Telos presently has an average rating of "Moderate Buy" and a consensus price target of $4.80.

Telos Trading Up 5.9 %

NASDAQ:TLS traded up $0.20 on Monday, reaching $3.61. 586,105 shares of the stock traded hands, compared to its average volume of 579,962. The company has a current ratio of 3.64, a quick ratio of 3.59 and a debt-to-equity ratio of 0.06. Telos Co. has a 1-year low of $1.89 and a 1-year high of $5.03. The company's 50 day moving average is $3.59 and its 200-day moving average is $3.66. The firm has a market capitalization of $261.30 million, a price-to-earnings ratio of -5.16 and a beta of 0.92.

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.