Leidos Holdings, Inc. (NYSE:LDOS) Stock Holdings Reduced by National Pension Service

National Pension Service lowered its position in Leidos Holdings, Inc. (NYSE:LDOS) by 5.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 235,776 shares of the aerospace company’s stock after selling 14,755 shares during the quarter. National Pension Service’s holdings in Leidos were worth $33,966,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Fifth Third Bancorp boosted its stake in shares of Leidos by 3.2% during the 4th quarter. Fifth Third Bancorp now owns 2,738 shares of the aerospace company’s stock worth $394,000 after acquiring an additional 86 shares in the last quarter. Contravisory Investment Management Inc. boosted its stake in shares of Leidos by 2.0% during the 4th quarter. Contravisory Investment Management Inc. now owns 4,796 shares of the aerospace company’s stock worth $691,000 after acquiring an additional 95 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its stake in shares of Leidos by 2.0% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,197 shares of the aerospace company’s stock worth $749,000 after acquiring an additional 100 shares in the last quarter. Empirical Finance LLC boosted its stake in shares of Leidos by 2.3% during the 3rd quarter. Empirical Finance LLC now owns 4,492 shares of the aerospace company’s stock worth $732,000 after acquiring an additional 103 shares in the last quarter. Finally, Somerset Trust Co boosted its stake in shares of Leidos by 4.3% during the 4th quarter. Somerset Trust Co now owns 2,534 shares of the aerospace company’s stock worth $365,000 after acquiring an additional 105 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on LDOS shares. StockNews.com downgraded Leidos from a “strong-buy” rating to a “buy” rating in a research note on Friday. UBS Group decreased their target price on Leidos from $162.00 to $156.00 and set a “neutral” rating for the company in a research note on Wednesday, February 12th. Truist Financial decreased their target price on Leidos from $185.00 to $165.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. TD Cowen downgraded Leidos from a “buy” rating to a “hold” rating and decreased their target price for the company from $200.00 to $165.00 in a research note on Wednesday, January 8th. Finally, Cantor Fitzgerald upgraded Leidos to a “strong-buy” rating in a research note on Tuesday. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $175.87.

Insider Transactions at Leidos

In other news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $134.56, for a total value of $203,320.16. Following the completion of the transaction, the director now directly owns 6,408 shares of the company’s stock, valued at approximately $862,260.48. This represents a 19.08 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Gary Stephen May sold 2,128 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total value of $279,278.72. Following the sale, the director now owns 11,264 shares in the company, valued at approximately $1,478,287.36. This trade represents a 15.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by insiders.

Leidos Trading Up 0.2 %

Leidos stock opened at $129.92 on Friday. The business has a 50 day moving average price of $142.59 and a two-hundred day moving average price of $156.16. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. The stock has a market cap of $17.04 billion, a price-to-earnings ratio of 14.06, a price-to-earnings-growth ratio of 1.65 and a beta of 0.66. Leidos Holdings, Inc. has a 12 month low of $123.22 and a 12 month high of $202.90.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.24 by $0.13. Leidos had a return on equity of 30.93% and a net margin of 7.53%. As a group, equities analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a $0.40 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.23%. Leidos’s payout ratio is presently 17.32%.

Leidos Profile

Leidos Holdings, Inc, together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. The company operates through Defense Solutions, Civil, and Health segments. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.