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

Pathstone Holdings LLC increased its position in shares of Telos Co. (NASDAQ:TLS) by 23.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 496,441 shares of the company’s stock after buying an additional 93,829 shares during the period. Pathstone Holdings LLC owned 0.69% of Telos worth $1,782,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in TLS. US Bancorp DE acquired a new position in shares of Telos in the third quarter valued at about $39,000. SG Americas Securities LLC acquired a new position in shares of Telos in the first quarter valued at about $58,000. Lazard Asset Management LLC acquired a new position in shares of Telos in the first quarter valued at about $58,000. The Manufacturers Life Insurance Company acquired a new position in shares of Telos in the second quarter valued at about $92,000. Finally, OneDigital Investment Advisors LLC grew its stake in shares of Telos by 26.5% in 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 in the last quarter. 62.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

TLS has been the topic of several research reports. Needham & Company LLC restated a “hold” rating on shares of Telos in a research note on Monday, August 12th. DA Davidson cut their price objective on shares of Telos from $3.50 to $2.50 and set a “neutral” rating for the company in a research report on Monday, August 12th. BMO Capital Markets upped their price objective on shares of Telos from $3.00 to $4.50 and gave the stock a “market perform” rating in a research report on Wednesday, November 13th. Finally, B. Riley reaffirmed a “buy” rating and set a $5.00 price objective on shares of Telos in a research report on Thursday, August 29th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $4.80.

Telos Stock Up 4.9 %

TLS stock opened at $3.40 on Thursday. The stock has a market capitalization of $246.10 million, a P/E ratio of -4.86 and a beta of 0.96. 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 Co. has a 12 month low of $1.89 and a 12 month high of $5.03. The firm has a 50-day moving average price of $3.61 and a 200-day moving average price of $3.68.

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.