Janiczek Wealth Management LLC Has $86,000 Holdings in Elbit Systems Ltd. (NASDAQ:ESLT)

Janiczek Wealth Management LLC grew its stake in Elbit Systems Ltd. (NASDAQ:ESLT) by 53.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 409 shares of the aerospace company’s stock after purchasing an additional 143 shares during the period. Janiczek Wealth Management LLC’s holdings in Elbit Systems were worth $86,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tower Research Capital LLC TRC grew its holdings in shares of Elbit Systems by 61.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 272 shares of the aerospace company’s stock worth $58,000 after purchasing an additional 104 shares in the last quarter. Lee Financial Co acquired a new position in shares of Elbit Systems in the 4th quarter valued at $107,000. Parallel Advisors LLC boosted its position in shares of Elbit Systems by 21.2% during the 4th quarter. Parallel Advisors LLC now owns 537 shares of the aerospace company’s stock valued at $114,000 after acquiring an additional 94 shares in the last quarter. Quadrant Capital Group LLC raised its position in Elbit Systems by 12.2% in the fourth quarter. Quadrant Capital Group LLC now owns 624 shares of the aerospace company’s stock worth $133,000 after purchasing an additional 68 shares in the last quarter. Finally, Y.D. More Investments Ltd lifted its stake in Elbit Systems by 60.0% during the fourth quarter. Y.D. More Investments Ltd now owns 800 shares of the aerospace company’s stock worth $171,000 after purchasing an additional 300 shares during the period. Institutional investors own 17.88% of the company’s stock.

Elbit Systems Price Performance

Shares of NASDAQ:ESLT traded down $2.52 on Thursday, hitting $175.85. The stock had a trading volume of 29,871 shares, compared to its average volume of 22,940. The company has a market capitalization of $7.82 billion, a price-to-earnings ratio of 34.63 and a beta of 0.55. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.66 and a current ratio of 1.16. The firm’s 50 day moving average price is $193.78 and its 200-day moving average price is $203.01. Elbit Systems Ltd. has a twelve month low of $175.56 and a twelve month high of $225.64.

Elbit Systems (NASDAQ:ESLT) last posted its quarterly earnings data on Tuesday, May 28th. The aerospace company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.21. Elbit Systems had a net margin of 3.70% and a return on equity of 10.14%. The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter last year, the business posted $1.70 earnings per share. On average, equities research analysts predict that Elbit Systems Ltd. will post 7.45 earnings per share for the current year.

Elbit Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Tuesday, June 18th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is Tuesday, June 18th. Elbit Systems’s payout ratio is currently 32.68%.

Analyst Ratings Changes

Separately, StockNews.com raised Elbit Systems from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 29th.

About Elbit Systems

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.