DekaBank Deutsche Girozentrale Has $6.44 Million Stake in Leidos Holdings, Inc. $LDOS

DekaBank Deutsche Girozentrale boosted its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 0.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,517 shares of the aerospace company’s stock after purchasing an additional 309 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Leidos were worth $6,441,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Chicago Partners Investment Group LLC bought a new stake in Leidos during the second quarter valued at $275,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Leidos in the 2nd quarter valued at about $29,217,000. Quotient Wealth Partners LLC grew its stake in shares of Leidos by 4.3% in the 2nd quarter. Quotient Wealth Partners LLC now owns 1,627 shares of the aerospace company’s stock valued at $257,000 after buying an additional 67 shares during the period. Foster & Motley Inc. boosted its stake in Leidos by 12.9% during the 2nd quarter. Foster & Motley Inc. now owns 24,830 shares of the aerospace company’s stock valued at $3,917,000 after purchasing an additional 2,834 shares during the last quarter. Finally, Private Trust Co. NA boosted its stake in Leidos by 35.9% during the 2nd quarter. Private Trust Co. NA now owns 303 shares of the aerospace company’s stock valued at $48,000 after purchasing an additional 80 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Leidos Stock Performance

Leidos stock opened at $189.80 on Friday. The firm has a fifty day simple moving average of $185.55 and a two-hundred day simple moving average of $165.44. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $202.90. The company has a market capitalization of $24.35 billion, a PE ratio of 17.94, a P/E/G ratio of 1.79 and a beta of 0.71. The company has a quick ratio of 1.50, a current ratio of 1.62 and a debt-to-equity ratio of 1.06.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.58. Leidos had a net margin of 8.22% and a return on equity of 33.57%. The firm had revenue of $4.25 billion for the quarter, compared to analysts’ expectations of $4.24 billion. During the same quarter in the previous year, the company earned $2.63 earnings per share. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. Research analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, September 15th. Leidos’s dividend payout ratio is currently 15.12%.

Wall Street Analyst Weigh In

LDOS has been the topic of several recent analyst reports. Jefferies Financial Group raised shares of Leidos from a “hold” rating to a “buy” rating and lifted their target price for the stock from $185.00 to $205.00 in a research report on Wednesday, August 6th. UBS Group lifted their price target on shares of Leidos from $168.00 to $184.00 and gave the stock a “neutral” rating in a report on Thursday, August 7th. Citigroup reiterated a “buy” rating and issued a $190.00 price objective (up from $186.00) on shares of Leidos in a research note on Monday, July 14th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Leidos in a research note on Wednesday, October 8th. Finally, Royal Bank Of Canada upgraded shares of Leidos from a “hold” rating to a “moderate buy” rating in a research report on Thursday, September 4th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $188.31.

Insider Transactions at Leidos

In other news, insider Stephen Edward Hull sold 12,497 shares of the stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the transaction, the insider directly owned 25,817 shares of the company’s stock, valued at $4,599,040.38. This represents a 32.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Gregory R. Dahlberg sold 952 shares of the stock in a transaction on Monday, August 11th. The shares were sold at an average price of $177.43, for a total value of $168,913.36. Following the transaction, the director directly owned 21,068 shares in the company, valued at $3,738,095.24. The trade was a 4.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 22,975 shares of company stock worth $4,078,740. Corporate insiders own 0.96% of the company’s stock.

Leidos Company 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.