Messner & Smith Theme Value Investment Management Ltd. CA acquired a new stake in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 109,951 shares of the aerospace company’s stock, valued at approximately $1,165,000. Kratos Defense & Security Solutions accounts for about 1.9% of Messner & Smith Theme Value Investment Management Ltd. CA’s holdings, making the stock its 20th biggest position.

A number of other large investors have also recently modified their holdings of the stock. Wells Fargo & Company MN lifted its position in Kratos Defense & Security Solutions by 5.6% in the 2nd quarter. Wells Fargo & Company MN now owns 60,445 shares of the aerospace company’s stock valued at $717,000 after purchasing an additional 3,199 shares during the last quarter. Advisor Group Inc. lifted its position in Kratos Defense & Security Solutions by 22.6% in the 2nd quarter. Advisor Group Inc. now owns 18,934 shares of the aerospace company’s stock valued at $225,000 after purchasing an additional 3,493 shares during the last quarter. Voya Investment Management LLC lifted its position in Kratos Defense & Security Solutions by 25.5% in the 2nd quarter. Voya Investment Management LLC now owns 32,316 shares of the aerospace company’s stock valued at $384,000 after purchasing an additional 6,567 shares during the last quarter. California Public Employees Retirement System lifted its position in Kratos Defense & Security Solutions by 1.4% in the 3rd quarter. California Public Employees Retirement System now owns 493,435 shares of the aerospace company’s stock valued at $6,454,000 after purchasing an additional 7,035 shares during the last quarter. Finally, Risk Paradigm Group LLC increased its stake in Kratos Defense & Security Solutions by 417.6% during the 3rd quarter. Risk Paradigm Group LLC now owns 10,611 shares of the aerospace company’s stock valued at $139,000 after buying an additional 8,561 shares during the period. Hedge funds and other institutional investors own 72.88% of the company’s stock.

Several equities analysts have commented on KTOS shares. Noble Financial reissued a “buy” rating on shares of Kratos Defense & Security Solutions in a research note on Thursday, January 4th. Jefferies Group raised their target price on shares of Kratos Defense & Security Solutions from $12.70 to $13.00 and gave the company a “hold” rating in a research note on Friday, November 3rd. Canaccord Genuity reissued a “buy” rating and set a $15.00 target price on shares of Kratos Defense & Security Solutions in a research note on Wednesday, November 1st. BidaskClub raised shares of Kratos Defense & Security Solutions from a “strong sell” rating to a “sell” rating in a research note on Saturday, December 16th. Finally, Zacks Investment Research raised shares of Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a research note on Thursday, January 4th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $12.90.

Kratos Defense & Security Solutions, Inc (KTOS) opened at $11.25 on Monday. The stock has a market cap of $1,162.10, a P/E ratio of -35.16, a PEG ratio of 6.38 and a beta of 1.97. The company has a quick ratio of 2.54, a current ratio of 2.86 and a debt-to-equity ratio of 0.70. Kratos Defense & Security Solutions, Inc has a 52 week low of $6.96 and a 52 week high of $13.93.

In other Kratos Defense & Security Solutions news, Director Scot B. Jarvis acquired 10,000 shares of the stock in a transaction dated Thursday, December 7th. The shares were bought at an average price of $10.50 per share, with a total value of $105,000.00. Following the purchase, the director now directly owns 95,200 shares of the company’s stock, valued at approximately $999,600. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 17.92% of the company’s stock.

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Kratos Defense & Security Solutions Profile

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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