Hillsdale Investment Management Inc. Has $693,000 Stock Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Hillsdale Investment Management Inc. cut its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 17.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,810 shares of the aerospace company’s stock after selling 1,000 shares during the period. Hillsdale Investment Management Inc.’s holdings in Leidos were worth $693,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Forefront Wealth Management Inc. acquired a new position in shares of Leidos during the 4th quarter worth about $3,280,000. Sei Investments Co. increased its stake in shares of Leidos by 155.1% during the 4th quarter. Sei Investments Co. now owns 163,847 shares of the aerospace company’s stock worth $23,604,000 after purchasing an additional 99,610 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Leidos by 1.0% during the 4th quarter. American Century Companies Inc. now owns 145,178 shares of the aerospace company’s stock worth $20,914,000 after purchasing an additional 1,371 shares during the last quarter. Mizuho Securities USA LLC increased its stake in shares of Leidos by 44.8% during the 4th quarter. Mizuho Securities USA LLC now owns 12,646 shares of the aerospace company’s stock worth $1,822,000 after purchasing an additional 3,911 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Leidos during the 4th quarter worth about $1,545,000. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on LDOS shares. Cantor Fitzgerald upgraded shares of Leidos to a “strong-buy” rating in a research note on Tuesday, February 25th. William Blair lowered shares of Leidos from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. The Goldman Sachs Group lowered 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 research note on Thursday, December 12th. UBS Group decreased their price target on shares of Leidos from $162.00 to $156.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 12th. Finally, StockNews.com lowered shares of Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 8th. Six analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $178.07.

Leidos Stock Performance

NYSE LDOS opened at $133.66 on Monday. 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 company has a market capitalization of $17.14 billion, a P/E ratio of 14.46, a P/E/G ratio of 1.65 and a beta of 0.72. Leidos Holdings, Inc. has a 12-month low of $123.23 and a 12-month high of $202.90. The firm has a 50-day moving average price of $139.37 and a two-hundred day moving average price of $154.29.

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

Leidos Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Friday, March 14th. Leidos’s dividend payout ratio (DPR) is presently 17.32%.

Insider Transactions at Leidos

In other 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 completion of the sale, the director now owns 11,264 shares of the company’s stock, valued at approximately $1,478,287.36. This represents a 15.89 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, 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 completion of the transaction, the director now directly owns 6,408 shares of the company’s stock, valued at approximately $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 insiders.

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.