Barclays PLC Has $32.57 Million Stock Holdings in Telos Co. (NASDAQ:TLS)

Barclays PLC boosted its holdings in Telos Co. (NASDAQ:TLS - Free Report) by 3.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,523,032 shares of the company's stock after buying an additional 342,076 shares during the period. Barclays PLC owned approximately 13.16% of Telos worth $32,569,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp grew its holdings in Telos by 27.0% during the third quarter. State Street Corp now owns 933,156 shares of the company's stock valued at $3,350,000 after purchasing an additional 198,676 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of Telos in the 3rd quarter valued at $64,000. B. Riley Wealth Advisors Inc. increased its position in shares of Telos by 15.6% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 97,535 shares of the company's stock valued at $345,000 after buying an additional 13,160 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Telos by 12.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 170,699 shares of the company's stock worth $613,000 after buying an additional 18,956 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in Telos by 97.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 64,680 shares of the company's stock worth $220,000 after acquiring an additional 31,904 shares in the last quarter. 62.14% of the stock is owned by institutional investors.

Analyst Ratings Changes

TLS has been the topic of a number of research analyst reports. Wedbush reaffirmed an "outperform" rating and set a $6.00 price target on shares of Telos in a research report on Tuesday, March 11th. DA Davidson dropped their target price on shares of Telos from $3.50 to $2.50 and set a "neutral" rating on the stock in a report on Tuesday, March 11th. Needham & Company LLC reiterated a "hold" rating on shares of Telos in a report on Wednesday, March 12th. Finally, BMO Capital Markets cut their price objective on shares of Telos from $4.50 to $3.00 and set a "market perform" rating on the stock in a research report on Tuesday, March 11th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $4.13.

Telos Stock Up 6.0 %

TLS traded up $0.16 during trading hours on Wednesday, hitting $2.74. 1,046,537 shares of the company's stock were exchanged, compared to its average volume of 545,057. The stock has a market cap of $204.77 million, a price-to-earnings ratio of -3.91 and a beta of 0.98. Telos Co. has a 1-year low of $1.89 and a 1-year high of $5.03. The stock's 50-day moving average is $2.72 and its two-hundred day moving average is $3.21. The company has a quick ratio of 3.59, a current ratio of 3.64 and a debt-to-equity ratio of 0.06.

Telos (NASDAQ:TLS - Get Free Report) last posted its quarterly earnings data on Monday, March 10th. The company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of ($0.09) by ($0.05). The business had revenue of $26.37 million for the quarter, compared to analyst estimates 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 quarter in the prior year, the company earned ($0.09) earnings per share. Sell-side analysts predict that Telos Co. will post -0.68 earnings per share for the current fiscal year.

Telos Company 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.