Jane Street Group LLC bought a new stake in Elbit Systems Ltd (NASDAQ:ESLT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 24,783 shares of the aerospace company’s stock, valued at approximately $3,303,000.
Other institutional investors have also made changes to their positions in the company. Financial Gravity Companies Inc. bought a new stake in shares of Elbit Systems in the fourth quarter valued at about $142,000. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Elbit Systems by 188.9% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,124 shares of the aerospace company’s stock valued at $149,000 after acquiring an additional 735 shares during the period. Wealthcare Advisory Partners LLC bought a new stake in shares of Elbit Systems in the third quarter valued at about $198,000. First Personal Financial Services boosted its position in shares of Elbit Systems by 431.5% in the fourth quarter. First Personal Financial Services now owns 1,366 shares of the aerospace company’s stock valued at $182,000 after acquiring an additional 1,109 shares during the period. Finally, Macquarie Group Ltd. bought a new stake in shares of Elbit Systems in the third quarter valued at about $206,000. 11.79% of the stock is owned by institutional investors.
A number of brokerages have recently issued reports on ESLT. ValuEngine raised shares of Elbit Systems from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. BidaskClub cut shares of Elbit Systems from a “sell” rating to a “strong sell” rating in a research report on Wednesday, February 28th. Finally, Zacks Investment Research cut shares of Elbit Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 22nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $143.00.
Shares of Elbit Systems stock opened at $137.14 on Monday. The stock has a market cap of $5,863.17, a PE ratio of 24.75 and a beta of 0.78. Elbit Systems Ltd has a 52-week low of $110.12 and a 52-week high of $153.13. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.26 and a quick ratio of 0.82.
COPYRIGHT VIOLATION NOTICE: “Jane Street Group LLC Acquires New Holdings in Elbit Systems Ltd (ESLT)” was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this news story on another publication, it was stolen and reposted in violation of United States & international copyright laws. The original version of this news story can be accessed at https://www.dispatchtribunal.com/2018/03/19/jane-street-group-llc-acquires-new-holdings-in-elbit-systems-ltd-eslt.html.
Elbit Systems Profile
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.
Want to see what other hedge funds are holding ESLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Elbit Systems Ltd (NASDAQ:ESLT).
Receive News & Ratings for Elbit Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Elbit Systems and related companies with MarketBeat.com's FREE daily email newsletter.