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

WINTON GROUP Ltd bought a new stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 128,900 shares of the aerospace company’s stock, valued at approximately $11,778,000. WINTON GROUP Ltd owned approximately 0.08% of Kratos Defense & Security Solutions as of its most recent SEC filing.

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

Insider Activity

In other news, Director Scot B. Jarvis sold 5,000 shares of the company’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $88.00, for a total value of $440,000.00. Following the transaction, the director owned 90,417 shares in the company, valued at $7,956,696. This represents a 5.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Stacey G. Rock sold 6,066 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $87.99, for a total transaction of $533,747.34. Following the completion of the sale, the insider directly owned 25,617 shares of the company’s stock, valued at $2,254,039.83. This trade represents a 19.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 574,731 shares of company stock worth $50,506,306. Corporate insiders own 2.37% of the company’s stock.

Kratos Defense & Security Solutions Price Performance

Shares of NASDAQ:KTOS opened at $87.00 on Monday. The company’s fifty day moving average is $98.94 and its two-hundred day moving average is $86.03. The company has a market cap of $16.25 billion, a P/E ratio of 669.28 and a beta of 1.12. Kratos Defense & Security Solutions, Inc. has a 12-month low of $25.78 and a 12-month high of $134.00. The company has a quick ratio of 3.46, a current ratio of 4.06 and a debt-to-equity ratio of 0.05.

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

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $115.00 price target on shares of Kratos Defense & Security Solutions in a report on Tuesday, February 24th. UBS Group started coverage on Kratos Defense & Security Solutions in a report on Wednesday, February 18th. They issued a “neutral” rating and a $79.00 target price on the stock. B. Riley Financial boosted their target price on Kratos Defense & Security Solutions from $105.00 to $128.00 and gave the stock a “buy” rating in a research report on Friday, January 9th. Stifel Nicolaus upped their target price on Kratos Defense & Security Solutions from $112.00 to $134.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Finally, Citizens Jmp increased their price target on Kratos Defense & Security Solutions from $105.00 to $125.00 and gave the company a “market outperform” rating in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.28.

About Kratos Defense & Security Solutions

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.