1 week Ago By Defense World Staff
Orion Portfolio Solutions LLC reduced its position in shares of Elbit Systems Ltd. (NASDAQ:ESLT – Free Report) by 53.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
The firm owned 2,523 shares of the aerospace company’s stock after selling 2,906 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Elbit Systems were worth $651,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors and hedge funds have also bought and sold shares of the company.
Blue Trust Inc. increased its stake in shares of Elbit Systems by 7.3% during the fourth quarter.
Blue Trust Inc. now owns 987 shares of the aerospace company’s stock valued at $255,000 after buying an additional 67 shares during the period. Prestige Wealth Management Group LLC raised its holdings in shares of Elbit Systems by 150.
0% in the 4th quarter. Prestige Wealth Management Group LLC now owns 125 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 75 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Elbit Systems by 196.
3% in the 4th quarter. Smartleaf Asset Management LLC now owns 160 shares of the aerospace company’s stock worth $41,000 after purchasing an additional 106 shares during the period. Signaturefd LLC boosted its stake in shares of Elbit Systems by 10.
2% during the fourth quarter. Signaturefd LLC now owns 1,239 shares of the aerospace company’s stock valued at $320,000 after purchasing an additional 115 shares in the last quarter. Finally, State Street Corp increased its holdings in Elbit Systems by 3.
1% during the third quarter. State Street Corp now owns 4,534 shares of the aerospace company’s stock valued at $907,000 after buying an additional 136 shares during the period. 17.
88% of the stock is owned by institutional investors. Elbit Systems Price PerformanceESLT opened at $370.15 on Monday.
The firm has a market capitalization of $16.45 billion, a PE ratio of 63.27 and a beta of 0.
32. The business’s 50-day moving average is $339.38 and its two-hundred day moving average is $275.
78. Elbit Systems Ltd. has a 1 year low of $175.
30 and a 1 year high of $420.00. The company has a debt-to-equity ratio of 0.
10, a current ratio of 1.15 and a quick ratio of 0.64.
Elbit Systems (NASDAQ:ESLT – Get Free Report) last posted its quarterly earnings data on Tuesday, March 18th. The aerospace company reported $2.66 EPS for the quarter, topping the consensus estimate of $1.
95 by $0.71. The firm had revenue of $1.
93 billion during the quarter, compared to analyst estimates of $1.78 billion. Elbit Systems had a net margin of 4.
00% and a return on equity of 11.34%. Research analysts anticipate that Elbit Systems Ltd.
will post 8.05 earnings per share for the current fiscal year. Elbit Systems Increases DividendThe firm also recently announced a quarterly dividend, which will be paid on Monday, May 5th.
Investors of record on Tuesday, April 22nd will be paid a dividend of $0.60 per share. This represents a $2.
40 annualized dividend and a yield of 0.65%. This is an increase from Elbit Systems’s previous quarterly dividend of $0.
50. The ex-dividend date of this dividend is Tuesday, April 22nd. Elbit Systems’s payout ratio is 27.
72%. Wall Street Analyst Weigh InSeparately, StockNews.com cut Elbit Systems from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 25th.
Check Out Our Latest Report on Elbit SystemsElbit Systems Profile (Free Report)Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel. The company operates through Aerospace, C4I and Cyber, ISTAR and EW, Land, and Elbit Systems of America segments.
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