95,412 Shares in Kratos Defense & Security Solutions, Inc (KTOS) Purchased by Columbia Partners L.L.C. Investment Management

Columbia Partners L.L.C. Investment Management bought a new stake in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 95,412 shares of the aerospace company’s stock, valued at approximately $1,410,000. Columbia Partners L.L.C. Investment Management owned approximately 0.09% of Kratos Defense & Security Solutions as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of KTOS. FMR LLC grew its stake in shares of Kratos Defense & Security Solutions by 743.9% in the second quarter. FMR LLC now owns 6,045,983 shares of the aerospace company’s stock valued at $69,589,000 after buying an additional 5,329,583 shares in the last quarter. Hardman Johnston Global Advisors LLC acquired a new stake in shares of Kratos Defense & Security Solutions in the third quarter valued at about $6,259,000. Millennium Management LLC grew its stake in shares of Kratos Defense & Security Solutions by 11.8% in the second quarter. Millennium Management LLC now owns 3,740,522 shares of the aerospace company’s stock valued at $43,053,000 after buying an additional 394,260 shares in the last quarter. Heartland Advisors Inc. grew its stake in shares of Kratos Defense & Security Solutions by 103.9% in the second quarter. Heartland Advisors Inc. now owns 713,539 shares of the aerospace company’s stock valued at $8,213,000 after buying an additional 363,539 shares in the last quarter. Finally, Advisors Capital Management LLC acquired a new stake in shares of Kratos Defense & Security Solutions in the third quarter valued at about $5,024,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

Shares of NASDAQ KTOS opened at $13.30 on Monday. Kratos Defense & Security Solutions, Inc has a fifty-two week low of $8.90 and a fifty-two week high of $16.09. The company has a quick ratio of 2.60, a current ratio of 2.89 and a debt-to-equity ratio of 0.57. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 66.50, a price-to-earnings-growth ratio of 12.67 and a beta of 2.47.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings data on Tuesday, November 6th. The aerospace company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. Kratos Defense & Security Solutions had a positive return on equity of 3.99% and a negative net margin of 4.64%. The firm had revenue of $159.40 million during the quarter, compared to analyst estimates of $157.65 million. During the same quarter last year, the firm earned $0.03 EPS. Kratos Defense & Security Solutions’s quarterly revenue was up 1.5% on a year-over-year basis. Equities analysts expect that Kratos Defense & Security Solutions, Inc will post 0.14 earnings per share for the current fiscal year.

A number of research firms have recently issued reports on KTOS. Zacks Investment Research lowered Kratos Defense & Security Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, November 10th. BidaskClub upgraded Kratos Defense & Security Solutions from a “hold” rating to a “buy” rating in a research note on Thursday, November 8th. B. Riley restated a “buy” rating on shares of Kratos Defense & Security Solutions in a research note on Wednesday, November 7th. Finally, ValuEngine upgraded Kratos Defense & Security Solutions from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 7th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $15.00.

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Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc provides mission critical products, solutions, and services in the United States. The company operates through three segments: Kratos Government Solutions, Unmanned Systems, and Public Safety & Security. The Kratos Government Solutions segment offers microwave electronic products, satellite communications, training systems, modular systems, and defense and rocket support services.

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Institutional Ownership by Quarter for Kratos Defense & Security Solutions (NASDAQ:KTOS)

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