WINTON GROUP Ltd Takes $11.78 Million Position in Kratos Defense & Security Solutions, Inc. $KTOS

WINTON GROUP Ltd acquired a new position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 128,900 shares of the aerospace company’s stock, valued at approximately $11,778,000.

A number of other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada grew its stake in Kratos Defense & Security Solutions by 22.6% in the first quarter. Royal Bank of Canada now owns 190,481 shares of the aerospace company’s stock valued at $5,655,000 after purchasing an additional 35,098 shares in the last quarter. Amundi purchased a new stake in shares of Kratos Defense & Security Solutions during the 1st quarter worth about $791,000. NewEdge Advisors LLC lifted its holdings in shares of Kratos Defense & Security Solutions by 64.4% during the 1st quarter. NewEdge Advisors LLC now owns 1,315 shares of the aerospace company’s stock valued at $39,000 after buying an additional 515 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Kratos Defense & Security Solutions by 178.0% during the 1st quarter. Jones Financial Companies Lllp now owns 3,570 shares of the aerospace company’s stock valued at $108,000 after buying an additional 2,286 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Kratos Defense & Security Solutions by 11.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 393,614 shares of the aerospace company’s stock valued at $11,686,000 after buying an additional 41,265 shares in the last quarter. Institutional investors and hedge funds own 75.92% of the company’s stock.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, insider David M. Carter sold 4,000 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $85.36, for a total transaction of $341,440.00. Following the completion of the transaction, the insider owned 81,964 shares of the company’s stock, valued at $6,996,447.04. The trade was a 4.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Deanna H. Lund sold 5,000 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $91.28, for a total transaction of $456,400.00. Following the sale, the chief financial officer owned 270,058 shares of the company’s stock, valued at $24,650,894.24. This trade represents a 1.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 574,731 shares of company stock worth $50,506,306 in the last quarter. 2.37% of the stock is owned by corporate insiders.

Kratos Defense & Security Solutions Stock Up 1.7%

KTOS opened at $87.00 on Monday. The firm has a market cap of $16.25 billion, a P/E ratio of 669.28 and a beta of 1.12. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.46 and a current ratio of 4.06. The business has a 50 day moving average price of $98.94 and a 200 day moving average price of $86.03. Kratos Defense & Security Solutions, Inc. has a twelve month low of $25.78 and a twelve month high of $134.00.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings results on Monday, February 23rd. The aerospace company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.14 by $0.04. Kratos Defense & Security Solutions had a return on equity of 3.34% and a net margin of 1.63%.The company had revenue of $345.10 million for the quarter, compared to the consensus estimate of $327.51 million. During the same quarter last year, the company posted $0.13 earnings per share. The company’s revenue for the quarter was up 21.9% compared to the same quarter last year. Research analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on KTOS shares. BNP Paribas Exane set a $80.00 price objective on Kratos Defense & Security Solutions in a report on Tuesday, November 18th. Stifel Nicolaus boosted their target price on shares of Kratos Defense & Security Solutions from $112.00 to $134.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Citigroup restated a “market outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, February 24th. The Goldman Sachs Group raised their price target on shares of Kratos Defense & Security Solutions from $93.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Kratos Defense & Security Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $98.28.

Kratos Defense & Security Solutions 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.