Prescott Group Capital Management L.L.C. Sells 313,789 Shares of Telos Co. (NASDAQ:TLS)

Prescott Group Capital Management L.L.C. decreased its holdings in Telos Co. (NASDAQ:TLS) by 50.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 309,513 shares of the company’s stock after selling 313,789 shares during the quarter. Prescott Group Capital Management L.L.C.’s holdings in Telos were worth $1,059,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. US Bancorp DE bought a new stake in Telos in the third quarter valued at about $39,000. Intech Investment Management LLC bought a new stake in shares of Telos in the 3rd quarter valued at approximately $49,000. Public Employees Retirement System of Ohio acquired a new position in shares of Telos in the 3rd quarter worth approximately $64,000. OneDigital Investment Advisors LLC raised 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 buying an additional 5,300 shares in the last quarter. Finally, MetLife Investment Management LLC lifted its position in shares of Telos by 81.5% during the 3rd quarter. MetLife Investment Management LLC now owns 27,205 shares of the company’s stock worth $98,000 after buying an additional 12,212 shares during the period. 62.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, BMO Capital Markets upped their price target on Telos from $3.00 to $4.50 and gave the company a “market perform” rating in a research report on Wednesday, November 13th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $4.50.

Telos Price Performance

Shares of Telos stock opened at $2.89 on Friday. The stock has a market capitalization of $209.18 million, a price-to-earnings ratio of -4.13 and a beta of 0.90. The firm’s 50-day moving average price is $3.25 and its two-hundred day moving average price is $3.43. 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 1-year low of $1.89 and a 1-year high of $5.03.

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.