Pathstone Holdings LLC Has $1.78 Million Holdings in Telos Co. (NASDAQ:TLS)

Pathstone Holdings LLC raised its position in shares of Telos Co. (NASDAQ:TLS) by 23.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 496,441 shares of the company’s stock after purchasing an additional 93,829 shares during the quarter. Pathstone Holdings LLC’s holdings in Telos were worth $1,782,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TLS. US Bancorp DE acquired a new stake in shares of Telos during the 3rd quarter worth approximately $39,000. Lazard Asset Management LLC bought a new position in shares of Telos in the 1st quarter worth $58,000. SG Americas Securities LLC bought a new position in shares of Telos in the 1st quarter worth $58,000. OneDigital Investment Advisors LLC lifted its holdings in shares of Telos by 26.5% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 25,300 shares of the company’s stock worth $91,000 after purchasing an additional 5,300 shares in the last quarter. Finally, The Manufacturers Life Insurance Company bought a new position in shares of Telos in the 2nd quarter worth $92,000. Institutional investors and hedge funds own 62.14% of the company’s stock.

Telos Price Performance

Shares of NASDAQ:TLS opened at $3.40 on Thursday. 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 stock’s fifty day simple moving average is $3.61 and its two-hundred day simple moving average is $3.68. Telos Co. has a 1-year low of $1.89 and a 1-year high of $5.03. The stock has a market cap of $246.10 million, a PE ratio of -4.86 and a beta of 0.96.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on TLS shares. BMO Capital Markets increased their target price on Telos from $3.00 to $4.50 and gave the stock a “market perform” rating in a report on Wednesday, November 13th. B. Riley reiterated a “buy” rating and issued a $5.00 target price on shares of Telos in a report on Thursday, August 29th. Needham & Company LLC reiterated a “hold” rating on shares of Telos in a report on Monday, August 12th. Finally, DA Davidson cut their target price on Telos from $3.50 to $2.50 and set a “neutral” rating on the stock in a report on Monday, August 12th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Telos currently has an average rating of “Moderate Buy” and an average price target of $4.80.

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.