West Family Investments Inc. Makes New $230,000 Investment in Elbit Systems Ltd. (NASDAQ:ESLT)

West Family Investments Inc. bought a new position in Elbit Systems Ltd. (NASDAQ:ESLT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,150 shares of the aerospace company’s stock, valued at approximately $230,000.

Other hedge funds also recently made changes to their positions in the company. Blue Trust Inc. lifted its stake in Elbit Systems by 368.6% in the 2nd quarter. Blue Trust Inc. now owns 164 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 129 shares during the last quarter. Coastline Trust Co bought a new position in Elbit Systems in the third quarter valued at about $34,000. Point72 DIFC Ltd acquired a new position in Elbit Systems in the 2nd quarter valued at approximately $35,000. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Elbit Systems by 56.8% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 232 shares of the aerospace company’s stock valued at $49,000 after acquiring an additional 84 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Elbit Systems during the second quarter valued at $143,000. 17.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Elbit Systems from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 12th.

Elbit Systems Price Performance

Shares of ESLT opened at $249.61 on Wednesday. The business has a 50-day moving average of $212.97 and a 200-day moving average of $198.60. Elbit Systems Ltd. has a 1 year low of $175.30 and a 1 year high of $252.50. The company has a market capitalization of $11.10 billion, a price-to-earnings ratio of 45.88 and a beta of 0.51. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.13 and a quick ratio of 0.63.

Elbit Systems Company 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.