Advisor Group Inc. Has $279,000 Holdings in Elbit Systems Ltd. (ESLT)

Advisor Group Inc. grew its holdings in Elbit Systems Ltd. (NASDAQ:ESLT) by 81.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,253 shares of the aerospace company’s stock after buying an additional 1,014 shares during the quarter. Advisor Group Inc.’s holdings in Elbit Systems were worth $279,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC raised its holdings in Elbit Systems by 63.3% during the first quarter. FMR LLC now owns 1,267,127 shares of the aerospace company’s stock worth $144,347,000 after purchasing an additional 491,263 shares during the last quarter. Rainier Investment Management LLC raised its holdings in shares of Elbit Systems by 467.8% in the second quarter. Rainier Investment Management LLC now owns 70,410 shares of the aerospace company’s stock worth $8,713,000 after acquiring an additional 58,010 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Elbit Systems by 6.5% in the second quarter. Vanguard Group Inc. now owns 526,881 shares of the aerospace company’s stock worth $65,202,000 after acquiring an additional 32,258 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Elbit Systems by 84.1% in the first quarter. JPMorgan Chase & Co. now owns 39,979 shares of the aerospace company’s stock worth $4,544,000 after acquiring an additional 18,258 shares during the last quarter. Finally, Parametric Portfolio Associates LLC raised its holdings in shares of Elbit Systems by 86.5% in the first quarter. Parametric Portfolio Associates LLC now owns 30,703 shares of the aerospace company’s stock worth $3,489,000 after acquiring an additional 14,236 shares during the last quarter. 11.14% of the stock is owned by institutional investors and hedge funds.

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Elbit Systems Ltd. (ESLT) opened at 150.74 on Monday. Elbit Systems Ltd. has a 1-year low of $94.91 and a 1-year high of $153.13. The company has a 50 day moving average price of $145.54 and a 200 day moving average price of $129.32. The firm has a market cap of $6.44 billion, a PE ratio of 27.01 and a beta of 0.61.

Elbit Systems (NASDAQ:ESLT) last issued its quarterly earnings results on Tuesday, August 15th. The aerospace company reported $1.61 EPS for the quarter. Elbit Systems had a net margin of 7.23% and a return on equity of 16.38%. The firm had revenue of $818.30 million for the quarter. On average, equities research analysts forecast that Elbit Systems Ltd. will post $6.27 earnings per share for the current year.

A number of brokerages have recently commented on ESLT. Zacks Investment Research raised Elbit Systems from a “hold” rating to a “strong-buy” rating and set a $176.00 price objective for the company in a research report on Tuesday, October 17th. Standpoint Research downgraded Elbit Systems from an “accumulate” rating to a “hold” rating in a research report on Thursday, October 5th. ValuEngine downgraded Elbit Systems from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, BidaskClub raised Elbit Systems from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 22nd. Three research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $143.00.

About Elbit Systems

Elbit Systems Ltd. is an international technology company engaged in a range of programs across the world. The Company develops and supplies a portfolio of airborne, land and naval systems and products for defense, homeland security and commercial aviation applications. Its systems and products are installed on new platforms, and it also performs platform modernization programs.

Institutional Ownership by Quarter for Elbit Systems (NASDAQ:ESLT)

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