17,900 Shares in Telos Co. (NASDAQ:TLS) Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new stake in shares of Telos Co. (NASDAQ:TLS) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 17,900 shares of the company’s stock, valued at approximately $64,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC grew its holdings in shares of Telos by 22.9% during the 2nd quarter. Renaissance Technologies LLC now owns 1,024,400 shares of the company’s stock valued at $4,118,000 after purchasing an additional 190,700 shares during the last quarter. EP Wealth Advisors LLC bought a new stake in shares of Telos during the third quarter worth $3,665,000. State Street Corp increased its holdings in shares of Telos by 27.0% during the third quarter. State Street Corp now owns 933,156 shares of the company’s stock worth $3,350,000 after buying an additional 198,676 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its stake in shares of Telos by 28.5% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 839,855 shares of the company’s stock valued at $3,015,000 after acquiring an additional 186,059 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Telos by 21.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 776,406 shares of the company’s stock valued at $3,121,000 after acquiring an additional 138,657 shares in the last quarter. 62.14% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TLS has been the subject of a number of recent research reports. B. Riley reaffirmed a “buy” rating and issued a $5.00 target price on shares of Telos in a report on Thursday, August 29th. BMO Capital Markets upped their price objective on Telos from $3.00 to $4.50 and gave the company a “market perform” rating in a research note on Wednesday, November 13th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $4.50.

Telos Stock Up 2.3 %

Shares of TLS opened at $3.50 on Monday. The stock’s 50-day moving average price is $3.61 and its two-hundred day moving average price is $3.62. Telos Co. has a 12 month low of $1.89 and a 12 month high of $5.03. The company has a market capitalization of $253.33 million, a PE ratio of -5.00 and a beta of 0.92. 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 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.