13,736 Shares in Leidos Holdings, Inc. (NYSE:LDOS) Bought by LGT Fund Management Co Ltd.

LGT Fund Management Co Ltd. acquired a new position in Leidos Holdings, Inc. (NYSE:LDOS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,736 shares of the aerospace company’s stock, valued at approximately $1,979,000.

A number of other large investors have also recently bought and sold shares of the business. Rakuten Securities Inc. boosted its holdings in Leidos by 1,460.0% during the third quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock valued at $25,000 after acquiring an additional 146 shares during the period. Duncker Streett & Co. Inc. bought a new stake in Leidos during the fourth quarter valued at about $27,000. Ashton Thomas Securities LLC bought a new stake in Leidos during the third quarter valued at about $29,000. Berbice Capital Management LLC bought a new stake in Leidos during the fourth quarter valued at about $29,000. Finally, Mather Group LLC. boosted its holdings in Leidos by 143.1% during the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company’s stock valued at $38,000 after acquiring an additional 156 shares during the period. 76.12% of the stock is currently owned by institutional investors.

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 shares were sold at an average price of $134.56, for a total transaction of $203,320.16. Following the sale, the director now directly owns 6,408 shares of the company’s stock, valued at $862,260.48. This represents a 19.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gary Stephen May sold 2,128 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total transaction of $279,278.72. Following the sale, the director now directly owns 11,264 shares in the company, valued at $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. Company insiders own 0.96% of the company’s stock.

Leidos Stock Performance

NYSE:LDOS opened at $129.17 on Tuesday. The firm has a market capitalization of $16.94 billion, a PE ratio of 13.98, a price-to-earnings-growth ratio of 1.65 and a beta of 0.66. The firm has a 50-day moving average price of $142.27 and a 200 day moving average price of $156.17. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. Leidos Holdings, Inc. has a 12-month low of $123.22 and a 12-month high of $202.90.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.24 by $0.13. Leidos had a net margin of 7.53% and a return on equity of 30.93%. Research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend is Friday, March 14th. Leidos’s payout ratio is 17.32%.

Analyst Ratings Changes

LDOS has been the subject of a number of recent analyst reports. The Goldman Sachs Group cut shares of Leidos from a “buy” rating to a “neutral” rating and decreased their price target for the company from $228.00 to $153.00 in a report on Thursday, December 12th. Barclays upped their price objective on shares of Leidos from $165.00 to $210.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. StockNews.com lowered shares of Leidos from a “strong-buy” rating to a “buy” rating in a research report on Friday. TD Cowen lowered shares of Leidos from a “buy” rating to a “hold” rating and cut their price objective for the company from $200.00 to $165.00 in a research report on Wednesday, January 8th. Finally, Cantor Fitzgerald raised shares of Leidos to a “strong-buy” rating in a research report on Tuesday, February 25th. Six research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Leidos has an average rating of “Moderate Buy” and a consensus price target of $175.87.

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.