Cerity Partners LLC Has $640,000 Stake in Elbit Systems Ltd. (NASDAQ:ESLT)

Cerity Partners LLC grew its holdings in Elbit Systems Ltd. (NASDAQ:ESLT) by 9.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,003 shares of the aerospace company’s stock after purchasing an additional 258 shares during the period. Cerity Partners LLC’s holdings in Elbit Systems were worth $640,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Allworth Financial LP increased its holdings in Elbit Systems by 1,566.7% in the third quarter. Allworth Financial LP now owns 200 shares of the aerospace company’s stock worth $40,000 after buying an additional 188 shares during the last quarter. Hoey Investments Inc. acquired a new position in Elbit Systems in the third quarter worth approximately $49,000. Y.D. More Investments Ltd acquired a new position in Elbit Systems in the third quarter worth approximately $99,000. Banque Cantonale Vaudoise increased its holdings in Elbit Systems by 122.2% in the third quarter. Banque Cantonale Vaudoise now owns 500 shares of the aerospace company’s stock worth $99,000 after buying an additional 275 shares during the last quarter. Finally, Signaturefd LLC increased its holdings in Elbit Systems by 12.7% in the third quarter. Signaturefd LLC now owns 797 shares of the aerospace company’s stock worth $158,000 after buying an additional 90 shares during the last quarter. Institutional investors and hedge funds own 17.88% of the company’s stock.

Elbit Systems Trading Up 0.3 %

NASDAQ:ESLT opened at $203.21 on Wednesday. The stock’s 50 day moving average price is $206.96 and its 200 day moving average price is $204.88. Elbit Systems Ltd. has a 52 week low of $174.78 and a 52 week high of $225.64. The company has a market capitalization of $9.03 billion, a P/E ratio of 42.07 and a beta of 0.55. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.67 and a current ratio of 1.14.

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

Elbit Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, May 6th. Shareholders of record on Wednesday, April 24th will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, April 23rd. This represents a $2.00 dividend on an annualized basis and a yield of 0.98%. Elbit Systems’s payout ratio is currently 34.37%.

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.