34,229 Shares in Telos Co. (NASDAQ:TLS) Acquired by EntryPoint Capital LLC

EntryPoint Capital LLC bought a new stake in shares of Telos Co. (NASDAQ:TLS) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 34,229 shares of the company’s stock, valued at approximately $117,000.

Other hedge funds also recently modified their holdings of the company. American Century Companies Inc. lifted its position in shares of Telos by 7.9% in the fourth quarter. American Century Companies Inc. now owns 95,933 shares of the company’s stock worth $328,000 after purchasing an additional 7,015 shares in the last quarter. Tocqueville Asset Management L.P. acquired a new position in Telos in the 4th quarter valued at approximately $1,351,000. Charles Schwab Investment Management Inc. boosted its stake in shares of Telos by 5.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 444,473 shares of the company’s stock valued at $1,520,000 after buying an additional 21,248 shares during the period. Oppenheimer & Co. Inc. grew its holdings in shares of Telos by 28.1% during the 4th quarter. Oppenheimer & Co. Inc. now owns 47,271 shares of the company’s stock valued at $162,000 after acquiring an additional 10,372 shares in the last quarter. Finally, Rhumbline Advisers increased its stake in shares of Telos by 8.1% in the fourth quarter. Rhumbline Advisers now owns 80,281 shares of the company’s stock worth $275,000 after acquiring an additional 6,019 shares during the last quarter. Hedge funds and other institutional investors own 62.14% of the company’s stock.

Telos Stock Down 3.9 %

Shares of Telos stock opened at $2.46 on Monday. Telos Co. has a 12-month low of $1.89 and a 12-month high of $5.03. The company has a quick ratio of 3.59, a current ratio of 3.64 and a debt-to-equity ratio of 0.06. The stock has a 50 day moving average price of $3.05 and a two-hundred day moving average price of $3.35. The stock has a market capitalization of $178.48 million, a P/E ratio of -3.51 and a beta of 0.90.

Telos (NASDAQ:TLS) last posted its quarterly earnings data 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 for 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 in the prior year, the company posted ($0.09) earnings per share. Equities analysts expect that Telos Co. will post -0.68 earnings per share for the current year.

Wall Street Analyst Weigh In

TLS has been the subject of a number of research reports. DA Davidson reduced their price objective on Telos from $3.50 to $2.50 and set a “neutral” rating for the company in a research report on Tuesday, March 11th. Needham & Company LLC restated a “hold” rating on shares of Telos in a report on Wednesday, March 12th. Wedbush reiterated an “outperform” rating and issued a $6.00 target price on shares of Telos in a research note on Tuesday, March 11th. Finally, BMO Capital Markets dropped their price target on shares of Telos from $4.50 to $3.00 and set a “market perform” rating on the stock in a research note on Tuesday, March 11th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $4.13.

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.