Vision Financial Markets LLC purchased a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 394 shares of the aerospace company’s stock, valued at approximately $57,000.
Other large investors have also recently made changes to their positions in the company. Rakuten Securities Inc. boosted its stake in shares of Leidos by 1,460.0% during the 3rd quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 146 shares during the period. Ashton Thomas Securities LLC purchased a new position in shares of Leidos during the 3rd quarter worth about $29,000. Duncker Streett & Co. Inc. purchased a new position in shares of Leidos during the 4th quarter worth about $27,000. Berbice Capital Management LLC purchased a new position in shares of Leidos during the 4th quarter worth about $29,000. Finally, Mather Group LLC. boosted its stake in shares of Leidos by 143.1% during the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 156 shares during the period. 76.12% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on LDOS shares. TD Cowen cut shares of Leidos from a “buy” rating to a “hold” rating and lowered their price objective for the company from $200.00 to $165.00 in a research report on Wednesday, January 8th. The Goldman Sachs Group cut shares of Leidos from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $228.00 to $153.00 in a research report on Thursday, December 12th. Truist Financial lowered their price objective on shares of Leidos from $185.00 to $165.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th. Wells Fargo & Company lowered their price objective on shares of Leidos from $197.00 to $191.00 and set an “overweight” rating for the company in a research report on Wednesday, February 26th. Finally, William Blair cut shares of Leidos from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Six analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $175.87.
Leidos Trading Up 1.1 %
NYSE LDOS opened at $133.67 on Thursday. 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 firm has a market cap of $17.53 billion, a PE ratio of 14.47, a price-to-earnings-growth ratio of 1.65 and a beta of 0.66. The company has a 50 day moving average price of $141.77 and a 200 day moving average price of $155.90. Leidos Holdings, Inc. has a 52 week low of $123.22 and a 52 week high of $202.90.
Leidos (NYSE:LDOS – Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 EPS 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%. As a group, sell-side analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.
Leidos Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.60 annualized dividend and a dividend yield of 1.20%. Leidos’s dividend payout ratio (DPR) is presently 17.32%.
Insider Buying and Selling
In other Leidos news, Director Gary Stephen May sold 2,128 shares of the company’s 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 transaction, the director now owns 11,264 shares in the company, valued at approximately $1,478,287.36. This represents a 15.89 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the company’s 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 transaction, the director now owns 6,408 shares in the company, valued at $862,260.48. The trade was a 19.08 % decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by company insiders.
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.
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