XTX Topco Ltd Makes New $530,000 Investment in Elbit Systems Ltd. (NASDAQ:ESLT)

XTX Topco Ltd purchased a new stake in Elbit Systems Ltd. (NASDAQ:ESLT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 2,651 shares of the aerospace company’s stock, valued at approximately $530,000.

Other large investors have also modified their holdings of the company. Blue Trust Inc. increased its holdings in Elbit Systems by 368.6% during the second quarter. Blue Trust Inc. now owns 164 shares of the aerospace company’s stock valued at $29,000 after buying an additional 129 shares during the period. Coastline Trust Co bought a new stake in Elbit Systems during the 3rd quarter valued at $34,000. Point72 DIFC Ltd purchased a new position in shares of Elbit Systems in the 2nd quarter valued at $35,000. Morse Asset Management Inc bought a new position in shares of Elbit Systems in the 3rd quarter worth $40,000. Finally, Avior Wealth Management LLC lifted its stake in shares of Elbit Systems by 49.1% during the 3rd quarter. Avior Wealth Management LLC now owns 480 shares of the aerospace company’s stock worth $96,000 after purchasing an additional 158 shares during the last quarter. Institutional investors own 17.88% of the company’s stock.

Elbit Systems Trading Down 1.3 %

NASDAQ ESLT opened at $251.43 on Friday. Elbit Systems Ltd. has a 52 week low of $175.30 and a 52 week high of $255.02. The company has a 50 day moving average price of $231.89 and a 200 day moving average price of $204.81. The company has a quick ratio of 0.64, a current ratio of 1.15 and a debt-to-equity ratio of 0.10. The firm has a market cap of $11.18 billion, a PE ratio of 42.98 and a beta of 0.52.

Elbit Systems Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Stockholders of record on Monday, December 23rd will be given a dividend of $0.50 per share. The ex-dividend date is Monday, December 23rd. This is an increase from Elbit Systems’s previous quarterly dividend of $0.42. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.80%. Elbit Systems’s dividend payout ratio is presently 28.38%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Elbit Systems from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 20th.

Elbit Systems 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.