Leidos Holdings, Inc. $LDOS Shares Acquired by Prospera Financial Services Inc

Prospera Financial Services Inc boosted its position in Leidos Holdings, Inc. (NYSE:LDOS) by 133.5% during the second quarter, Holdings Channel.com reports. The fund owned 9,085 shares of the aerospace company’s stock after purchasing an additional 5,195 shares during the quarter. Prospera Financial Services Inc’s holdings in Leidos were worth $1,434,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in LDOS. Quotient Wealth Partners LLC raised its holdings 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 worth $257,000 after purchasing an additional 67 shares during the period. REAP Financial Group LLC increased its position in Leidos by 50.0% during the 2nd quarter. REAP Financial Group LLC now owns 228 shares of the aerospace company’s stock worth $36,000 after purchasing an additional 76 shares in the last quarter. Private Trust Co. NA raised its holdings in Leidos by 35.9% in the second quarter. Private Trust Co. NA now owns 303 shares of the aerospace company’s stock valued at $48,000 after buying an additional 80 shares during the period. Advisory Alpha LLC lifted its position in Leidos by 5.1% during the second quarter. Advisory Alpha LLC now owns 1,657 shares of the aerospace company’s stock valued at $261,000 after buying an additional 80 shares in the last quarter. Finally, Mountain Hill Investment Partners Corp. grew its stake in Leidos by 66.2% during the second quarter. Mountain Hill Investment Partners Corp. now owns 216 shares of the aerospace company’s stock worth $34,000 after buying an additional 86 shares during the period. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Trading Up 0.7%

NYSE:LDOS opened at $198.33 on Wednesday. The stock has a market cap of $25.36 billion, a price-to-earnings ratio of 18.50, a price-to-earnings-growth ratio of 1.45 and a beta of 0.69. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $205.77. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.50 and a current ratio of 1.62. The business’s 50-day simple moving average is $188.60 and its 200 day simple moving average is $170.42.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share for the quarter, beating analysts’ consensus estimates of $2.61 by $0.44. Leidos had a return on equity of 33.02% and a net margin of 8.11%.The firm had revenue of $4.47 billion during the quarter, compared to analyst estimates of $4.28 billion. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. As a group, sell-side analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a $0.43 dividend. This is a boost from Leidos’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Monday, December 15th. Leidos’s dividend payout ratio is currently 14.93%.

Insider Buying and Selling

In other Leidos news, insider Stephen Edward Hull sold 12,497 shares of the firm’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the completion of the transaction, the insider directly owned 25,817 shares of the company’s stock, valued at $4,599,040.38. This trade represents a 32.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.69% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Truist Financial reissued a “buy” rating and issued a $220.00 target price (up previously from $200.00) on shares of Leidos in a research note on Tuesday, November 4th. Argus raised their price objective on Leidos from $185.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, September 24th. Cantor Fitzgerald upped their target price on Leidos from $185.00 to $225.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Royal Bank Of Canada reiterated an “outperform” rating and issued a $230.00 target price on shares of Leidos in a research note on Wednesday, November 5th. Finally, Zacks Research lowered Leidos from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 23rd. Ten investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Leidos currently has an average rating of “Moderate Buy” and a consensus price target of $199.23.

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.