896 Shares in Elbit Systems Ltd. (NASDAQ:ESLT) Purchased by Callan Family Office LLC

Callan Family Office LLC acquired a new position in shares of Elbit Systems Ltd. (NASDAQ:ESLT) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 896 shares of the aerospace company’s stock, valued at approximately $231,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ESLT. Y.D. More Investments Ltd raised its stake in Elbit Systems by 10.1% during the fourth quarter. Y.D. More Investments Ltd now owns 449,747 shares of the aerospace company’s stock worth $117,520,000 after acquiring an additional 41,401 shares during the period. JPMorgan Chase & Co. raised its stake in Elbit Systems by 12.2% during the third quarter. JPMorgan Chase & Co. now owns 170,703 shares of the aerospace company’s stock worth $34,158,000 after acquiring an additional 18,614 shares during the period. Heard Capital LLC raised its stake in Elbit Systems by 4.8% during the third quarter. Heard Capital LLC now owns 218,392 shares of the aerospace company’s stock worth $43,700,000 after acquiring an additional 10,070 shares during the period. Systematic Financial Management LP raised its stake in Elbit Systems by 12.1% during the third quarter. Systematic Financial Management LP now owns 74,322 shares of the aerospace company’s stock worth $14,872,000 after acquiring an additional 8,000 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Elbit Systems during the fourth quarter worth about $1,999,000. Institutional investors and hedge funds own 17.88% of the company’s stock.

Elbit Systems Price Performance

NASDAQ ESLT opened at $352.77 on Wednesday. Elbit Systems Ltd. has a 52 week low of $175.30 and a 52 week high of $359.08. The company has a current ratio of 1.15, a quick ratio of 0.64 and a debt-to-equity ratio of 0.10. The stock has a market cap of $15.68 billion, a price-to-earnings ratio of 60.30 and a beta of 0.53. The company has a 50-day moving average price of $301.96 and a two-hundred day moving average price of $251.82.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Elbit Systems from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 25th.

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.