Capital Advisors Ltd. LLC Makes New Investment in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)

Capital Advisors Ltd. LLC bought a new position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 2,000 shares of the aerospace company’s stock, valued at approximately $53,000.

Other hedge funds have also added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its stake in Kratos Defense & Security Solutions by 582.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,078 shares of the aerospace company’s stock worth $25,000 after acquiring an additional 920 shares in the last quarter. Hemington Wealth Management boosted its stake in shares of Kratos Defense & Security Solutions by 86.6% during the fourth quarter. Hemington Wealth Management now owns 1,360 shares of the aerospace company’s stock valued at $35,000 after purchasing an additional 631 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of Kratos Defense & Security Solutions during the third quarter valued at approximately $39,000. Meeder Asset Management Inc. bought a new position in shares of Kratos Defense & Security Solutions during the third quarter valued at approximately $53,000. Finally, Contravisory Investment Management Inc. boosted its stake in shares of Kratos Defense & Security Solutions by 229.4% during the fourth quarter. Contravisory Investment Management Inc. now owns 3,590 shares of the aerospace company’s stock valued at $95,000 after purchasing an additional 2,500 shares in the last quarter. 75.92% of the stock is currently owned by institutional investors.

Kratos Defense & Security Solutions Stock Down 3.6 %

KTOS stock opened at $24.39 on Tuesday. The firm has a market cap of $3.70 billion, a PE ratio of 243.92 and a beta of 1.10. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.61 and a current ratio of 3.22. The firm’s fifty day moving average is $29.90 and its 200 day moving average is $26.14. Kratos Defense & Security Solutions, Inc. has a one year low of $16.78 and a one year high of $35.66.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Truist Financial increased their price objective on shares of Kratos Defense & Security Solutions from $27.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. B. Riley upgraded shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and increased their price objective for the company from $26.00 to $35.00 in a research note on Monday, January 13th. StockNews.com upgraded shares of Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. JMP Securities reiterated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, February 4th. Finally, Jefferies Financial Group increased their target price on shares of Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the company a “hold” rating in a research report on Friday, December 13th. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Kratos Defense & Security Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.67.

Insider Activity

In other news, VP De Burgreen Maria Cervantes sold 19,528 shares of Kratos Defense & Security Solutions stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $30.00, for a total value of $585,840.00. Following the sale, the vice president now owns 51,121 shares in the company, valued at $1,533,630. This trade represents a 27.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Stacey G. Rock sold 4,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $26.73, for a total transaction of $106,920.00. Following the completion of the transaction, the insider now directly owns 47,007 shares in the company, valued at approximately $1,256,497.11. This represents a 7.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 92,181 shares of company stock worth $2,665,856 over the last 90 days. 2.27% of the stock is currently owned by company insiders.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions.