Kratos Defns (NASDAQ:KTOS).
S Squared Technology, LLC reports that it decreased its ownership in Kratos Defns shares by 1.1% in the last quarter. Its investment was worth $22,354,000 an increase of 9.0% as of quarter end.
Several firms have updated their holdings. Ubs Asset Management Americas Inc downsized its holdings by selling 36,262 shares a decrease of 97.7% in the quarter. Ubs Asset Management Americas Inc now holds 835 shares worth $10,922,000. The total value of its holdings decreased 97.5%. Dimensional Fund Advisors Lp reduced its position by shedding 11,016 shares a decrease of 0.3% as of 09/30/2017. Dimensional Fund Advisors Lp controls 3,305,174 shares with a value of $43,232,000. The value of the position overall is up by 9.8%.
As of quarter end Rovida Advisors Inc. had acquired a total of 673,509 shares growing its holdings by 371.5%. The value of the investment in Kratos Defns increased from $2,152,000 to $11,172,000 increasing 419.1% for the reporting period.
Jefferies Group LLC raised the price target on November 3 changing the price objective from $12.70 to $13.00 and stated a “Hold” rating. On November 1 Canaccord Genuity held the stock rating at “Buy” with a current price target of $15.00.
On October 30, 2017 B. Riley released a research note on KTOS stating a rating of “Buy” and price target of $16.00. October 2 investment analysts at SunTrust Banks maintained a company rating of “Hold” targeting a price of $12.00.
On September 14, 2017 Noble Financial reiterated a “Buy” rating on the stock. On August 21 Canaccord Genuity left the company rating at “Buy” projecting a price of $15.00.
The company is so far trading up by 1.39% percent from yesterday’s close. The most current P/E ratio is N/A and market capitalization is 1.06B. In the last earnings report the EPS was $-0.31 with 103.30M shares presently outstanding.
Short traders are more bullish on shares of the company of late considering the change in short interest. The stock had a fall in short interest between September 29, 2017 and October 13, 2017 of -5.58%. Short interest fell 432,307 over that timeframe. The short-interest ratio increased to 5.0 and the percentage of shorted shares was 0.07% on October 13.