Callan Family Office LLC bought a new position in Elbit Systems Ltd. (NASDAQ:ESLT – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 896 shares of the aerospace company’s stock, valued at approximately $231,000.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Y.D. More Investments Ltd boosted its holdings in shares of Elbit Systems by 10.1% in the fourth quarter. Y.D. More Investments Ltd now owns 449,747 shares of the aerospace company’s stock valued at $117,520,000 after acquiring an additional 41,401 shares in the last quarter. Heard Capital LLC boosted its holdings in shares of Elbit Systems by 4.8% in the third quarter. Heard Capital LLC now owns 218,392 shares of the aerospace company’s stock valued at $43,700,000 after acquiring an additional 10,070 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Elbit Systems by 12.2% in the third quarter. JPMorgan Chase & Co. now owns 170,703 shares of the aerospace company’s stock valued at $34,158,000 after acquiring an additional 18,614 shares in the last quarter. Swiss National Bank boosted its holdings in shares of Elbit Systems by 0.5% in the third quarter. Swiss National Bank now owns 79,626 shares of the aerospace company’s stock valued at $15,896,000 after acquiring an additional 368 shares in the last quarter. Finally, Systematic Financial Management LP boosted its holdings in shares of Elbit Systems by 12.1% in the third quarter. Systematic Financial Management LP now owns 74,322 shares of the aerospace company’s stock valued at $14,872,000 after acquiring an additional 8,000 shares in the last quarter. 17.88% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Separately, StockNews.com cut shares of Elbit Systems from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 25th.
Elbit Systems Trading Up 1.4 %
Elbit Systems stock opened at $352.77 on Wednesday. The firm has a 50 day simple moving average of $301.96 and a 200-day simple moving average of $251.82. 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 stock has a market capitalization of $15.68 billion, a PE ratio of 60.30 and a beta of 0.53. Elbit Systems Ltd. has a 12-month low of $175.30 and a 12-month high of $359.08.
Elbit Systems Profile
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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