Elbit Systems Ltd. (NASDAQ:ESLT) Stock Holdings Lifted by Quadrant Capital Group LLC

Quadrant Capital Group LLC increased its position in Elbit Systems Ltd. (NASDAQ:ESLT) by 12.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 624 shares of the aerospace company’s stock after acquiring an additional 68 shares during the period. Quadrant Capital Group LLC’s holdings in Elbit Systems were worth $133,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Altshuler Shaham Ltd increased its holdings in shares of Elbit Systems by 5,555.9% in the 4th quarter. Altshuler Shaham Ltd now owns 552,473 shares of the aerospace company’s stock worth $118,050,000 after acquiring an additional 542,705 shares during the period. Russell Investments Group Ltd. increased its holdings in shares of Elbit Systems by 138.6% in the 4th quarter. Russell Investments Group Ltd. now owns 10,161 shares of the aerospace company’s stock worth $2,167,000 after acquiring an additional 5,903 shares during the period. Vanguard Group Inc. increased its holdings in shares of Elbit Systems by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 809,337 shares of the aerospace company’s stock worth $160,233,000 after acquiring an additional 8,966 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Elbit Systems by 21.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 67,736 shares of the aerospace company’s stock worth $13,410,000 after acquiring an additional 12,058 shares during the period. Finally, Invesco Ltd. increased its holdings in shares of Elbit Systems by 2.4% in the 3rd quarter. Invesco Ltd. now owns 234,987 shares of the aerospace company’s stock worth $46,523,000 after acquiring an additional 5,458 shares during the period. Institutional investors and hedge funds own 17.88% of the company’s stock.

Elbit Systems Stock Down 0.2 %

Elbit Systems stock opened at $199.29 on Thursday. The stock has a market cap of $8.86 billion, a price-to-earnings ratio of 41.26 and a beta of 0.55. The company has a current ratio of 1.14, a quick ratio of 0.67 and a debt-to-equity ratio of 0.13. The company’s 50-day moving average price is $201.91 and its two-hundred day moving average price is $205.65. Elbit Systems Ltd. has a 52 week low of $183.80 and a 52 week high of $225.64.

Elbit Systems (NASDAQ:ESLT) last released its earnings results on Tuesday, March 26th. The aerospace company reported $1.56 EPS for the quarter, beating the consensus estimate of $1.38 by $0.18. The firm had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.53 billion. Elbit Systems had a net margin of 3.60% and a return on equity of 10.16%. During the same quarter last year, the company earned $1.68 EPS. On average, analysts expect that Elbit Systems Ltd. will post 6.33 EPS for the current fiscal year.

Elbit Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 6th. Stockholders of record on Wednesday, April 24th were given a dividend of $0.50 per share. The ex-dividend date was Tuesday, April 23rd. This represents a $2.00 annualized dividend and a dividend yield of 1.00%. Elbit Systems’s dividend payout ratio (DPR) is 34.37%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Elbit Systems from a “buy” rating to a “hold” rating in a research note on Monday, May 13th.

Elbit Systems Profile

Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel. The company operates through Aerospace, C4I and Cyber, ISTAR and EW, Land, and Elbit Systems of America segments.