Telos Co. (NASDAQ:TLS) Shares Sold by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. decreased its holdings in shares of Telos Co. (NASDAQ:TLS - Free Report) by 50.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 309,513 shares of the company's stock after selling 313,789 shares during the quarter. Prescott Group Capital Management L.L.C. owned 0.43% of Telos worth $1,059,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. US Bancorp DE bought a new stake in Telos during the third quarter worth about $39,000. Intech Investment Management LLC bought a new stake in Telos in the 3rd quarter worth approximately $49,000. Public Employees Retirement System of Ohio purchased a new stake in Telos in the third quarter worth approximately $64,000. OneDigital Investment Advisors LLC grew 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 acquiring an additional 5,300 shares during the last quarter. Finally, MetLife Investment Management LLC raised 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 acquiring an additional 12,212 shares in the last quarter. 62.14% of the stock is currently owned by institutional investors.

Telos Price Performance

Shares of TLS traded down $0.01 during trading hours on Tuesday, reaching $2.60. 459,549 shares of the stock traded hands, compared to its average volume of 310,512. Telos Co. has a 52-week low of $1.89 and a 52-week high of $5.03. The company has a current ratio of 3.64, a quick ratio of 3.59 and a debt-to-equity ratio of 0.06. The company has a market cap of $188.19 million, a P/E ratio of -3.71 and a beta of 0.90. The company's 50-day moving average price is $3.22 and its two-hundred day moving average price is $3.42.

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Telos (NASDAQ:TLS - Get Free Report) last issued its earnings results on Monday, March 10th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.05). The firm had revenue of $26.37 million during the quarter, compared to the consensus estimate of $25.55 million. Telos had a negative return on equity of 28.19% and a negative net margin of 40.80%. During the same period last year, the firm posted ($0.09) earnings per share. On average, analysts anticipate that Telos Co. will post -0.68 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on TLS shares. BMO Capital Markets cut their price objective on shares of Telos from $4.50 to $3.00 and set a "market perform" rating for the company in a research note on Tuesday. DA Davidson decreased their price objective on Telos from $3.50 to $2.50 and set a "neutral" rating on the stock in a report on Tuesday. Finally, Wedbush restated an "outperform" rating and set a $6.00 target price on shares of Telos in a report on Tuesday. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $4.13.

Telos Profile

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.