Leonteq Securities AG Takes $813,000 Position in Kratos Defense & Security Solutions, Inc. $KTOS

Leonteq Securities AG purchased a new stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) during the fourth quarter, Holdings Channel.com reports. The firm purchased 10,713 shares of the aerospace company’s stock, valued at approximately $813,000.

A number of other institutional investors have also recently made changes to their positions in the business. Greenleaf Trust boosted its position in shares of Kratos Defense & Security Solutions by 2.7% in the 4th quarter. Greenleaf Trust now owns 3,830 shares of the aerospace company’s stock worth $291,000 after purchasing an additional 100 shares in the last quarter. LVW Advisors LLC boosted its position in shares of Kratos Defense & Security Solutions by 3.0% in the 4th quarter. LVW Advisors LLC now owns 3,665 shares of the aerospace company’s stock worth $278,000 after purchasing an additional 107 shares in the last quarter. CENTRAL TRUST Co boosted its position in shares of Kratos Defense & Security Solutions by 7.3% in the 4th quarter. CENTRAL TRUST Co now owns 1,698 shares of the aerospace company’s stock worth $129,000 after purchasing an additional 115 shares in the last quarter. Northwestern Mutual Investment Management Company LLC boosted its position in shares of Kratos Defense & Security Solutions by 0.4% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 37,776 shares of the aerospace company’s stock worth $2,868,000 after purchasing an additional 153 shares in the last quarter. Finally, Dupree Financial Group LLC boosted its position in shares of Kratos Defense & Security Solutions by 0.7% in the 4th quarter. Dupree Financial Group LLC now owns 23,817 shares of the aerospace company’s stock worth $1,808,000 after purchasing an additional 165 shares in the last quarter. Institutional investors and hedge funds own 75.92% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on KTOS shares. Cantor Fitzgerald reissued an “overweight” rating and issued a $115.00 price objective on shares of Kratos Defense & Security Solutions in a research report on Tuesday, February 24th. Clear Str raised Kratos Defense & Security Solutions to a “strong-buy” rating in a research report on Wednesday, April 29th. Citizens Jmp lowered their price objective on Kratos Defense & Security Solutions from $125.00 to $105.00 and set a “market outperform” rating for the company in a research report on Friday, May 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, April 21st. Finally, UBS Group reissued a “neutral” rating and issued a $82.00 price objective on shares of Kratos Defense & Security Solutions in a research report on Thursday, May 7th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Kratos Defense & Security Solutions presently has an average rating of “Moderate Buy” and a consensus target price of $96.28.

Insider Buying and Selling

In related news, Director Scott I. Anderson sold 15,000 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $89.11, for a total value of $1,336,650.00. Following the completion of the transaction, the director owned 51,334 shares in the company, valued at $4,574,372.74. This trade represents a 22.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Phillip D. Carrai sold 6,500 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $89.07, for a total value of $578,955.00. Following the completion of the transaction, the insider owned 234,292 shares of the company’s stock, valued at $20,868,388.44. This trade represents a 2.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 170,540 shares of company stock worth $13,138,275 over the last three months. Corporate insiders own 1.50% of the company’s stock.

Kratos Defense & Security Solutions Stock Performance

Shares of KTOS stock opened at $56.18 on Friday. The firm has a market capitalization of $10.53 billion, a price-to-earnings ratio of 330.47 and a beta of 1.06. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.63 and a quick ratio of 5.08. The business has a fifty day moving average of $69.02 and a 200 day moving average of $81.82. Kratos Defense & Security Solutions, Inc. has a 1 year low of $34.97 and a 1 year high of $134.00.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its earnings results on Wednesday, May 6th. The aerospace company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.03. The company had revenue of $371.00 million during the quarter, compared to analyst estimates of $345.00 million. Kratos Defense & Security Solutions had a return on equity of 2.82% and a net margin of 2.08%.The firm’s quarterly revenue was up 22.6% on a year-over-year basis. During the same quarter last year, the business posted $0.12 EPS. As a group, research analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.5 earnings per share for the current year.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.

In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.