Macquarie Group Ltd. acquired a new stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 122,174 shares of the aerospace company’s stock, valued at approximately $1,598,000. Macquarie Group Ltd. owned approximately 0.12% of Kratos Defense & Security Solutions at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Capital World Investors increased its position in Kratos Defense & Security Solutions by 32.2% in the 2nd quarter. Capital World Investors now owns 4,487,000 shares of the aerospace company’s stock valued at $53,261,000 after acquiring an additional 1,092,000 shares in the last quarter. Vanguard Group Inc. increased its position in Kratos Defense & Security Solutions by 7.3% in the 2nd quarter. Vanguard Group Inc. now owns 2,963,668 shares of the aerospace company’s stock valued at $35,179,000 after acquiring an additional 202,727 shares in the last quarter. State Street Corp increased its position in Kratos Defense & Security Solutions by 28.1% in the 2nd quarter. State Street Corp now owns 2,703,519 shares of the aerospace company’s stock valued at $32,092,000 after acquiring an additional 593,779 shares in the last quarter. Emerald Advisers Inc. PA increased its position in Kratos Defense & Security Solutions by 12.4% in the 3rd quarter. Emerald Advisers Inc. PA now owns 2,202,877 shares of the aerospace company’s stock valued at $28,814,000 after acquiring an additional 242,805 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust increased its position in Kratos Defense & Security Solutions by 12.2% in the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 1,826,953 shares of the aerospace company’s stock valued at $23,897,000 after acquiring an additional 198,296 shares in the last quarter. Hedge funds and other institutional investors own 71.41% of the company’s stock.

KTOS has been the subject of several research reports. B. Riley set a $16.00 price objective on shares of Kratos Defense & Security Solutions and gave the company a “buy” rating in a research report on Monday, October 30th. Noble Financial restated a “buy” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday, September 14th. Canaccord Genuity restated a “buy” rating and issued a $15.00 price objective on shares of Kratos Defense & Security Solutions in a research report on Wednesday, November 1st. Jefferies Group raised their price objective on shares of Kratos Defense & Security Solutions from $12.70 to $13.00 and gave the company a “hold” rating in a research report on Friday, November 3rd. Finally, Zacks Investment Research cut shares of Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. Two analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $13.22.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) opened at $10.19 on Thursday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.54 and a current ratio of 2.86. Kratos Defense & Security Solutions, Inc. has a one year low of $6.83 and a one year high of $13.93.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its earnings results on Thursday, November 2nd. The aerospace company reported $0.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.03. The company had revenue of $196.20 million for the quarter, compared to analyst estimates of $186.27 million. Kratos Defense & Security Solutions had a negative net margin of 3.39% and a negative return on equity of 1.21%. The company’s revenue for the quarter was up 18.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.03 EPS. sell-side analysts forecast that Kratos Defense & Security Solutions, Inc. will post -0.01 EPS for the current year.

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About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc is a technology, intellectual property and proprietary product and solution company focused on the United States and its allies’ national security. The Kratos Government Solutions segment includes the operations of Defense Rocket Support Services, Microwave Electronics Division, Technical and Training Solutions, and Modular Systems, which provide technology-based defense solutions, involving products and services, with the focus relating to the nation’s Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance requirements.

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Institutional Ownership by Quarter for Kratos Defense & Security Solutions (NASDAQ:KTOS)

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