Elbit Systems Ltd. (NASDAQ:ESLT) Shares Sold by Bfsg LLC

Bfsg LLC lowered its position in shares of Elbit Systems Ltd. (NASDAQ:ESLT) by 8.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,477 shares of the aerospace company’s stock after selling 1,707 shares during the quarter. Bfsg LLC’s holdings in Elbit Systems were worth $5,026,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Blue Trust Inc. increased its holdings in Elbit Systems by 7.3% in 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 in the last quarter. First Trust Direct Indexing L.P. increased its stake in Elbit Systems by 2.5% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 2,987 shares of the aerospace company’s stock valued at $598,000 after purchasing an additional 72 shares in the last quarter. Advisors Asset Management Inc. increased its stake in Elbit Systems by 0.7% in the 3rd quarter. Advisors Asset Management Inc. now owns 12,402 shares of the aerospace company’s stock valued at $2,482,000 after purchasing an additional 92 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in Elbit Systems by 8.8% during the third quarter. Sequoia Financial Advisors LLC now owns 1,421 shares of the aerospace company’s stock worth $284,000 after purchasing an additional 115 shares during the last quarter. Finally, State Street Corp boosted its position in Elbit Systems by 3.1% during the third quarter. State Street Corp now owns 4,534 shares of the aerospace company’s stock worth $907,000 after purchasing an additional 136 shares in the last quarter. Institutional investors and hedge funds own 17.88% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Elbit Systems from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 20th.

Elbit Systems Trading Up 0.2 %

Shares of Elbit Systems stock opened at $296.98 on Tuesday. Elbit Systems Ltd. has a 1 year low of $175.30 and a 1 year high of $313.89. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.15 and a quick ratio of 0.64. The business has a 50 day moving average price of $281.42 and a 200 day moving average price of $237.24. The company has a market capitalization of $13.20 billion, a P/E ratio of 50.77 and a beta of 0.53.

About Elbit Systems

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.