Seizert Capital Partners LLC lowered its stake in Leidos Holdings, Inc. (NYSE:LDOS – Free Report) by 0.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 121,618 shares of the aerospace company’s stock after selling 1,113 shares during the quarter. Seizert Capital Partners LLC owned about 0.09% of Leidos worth $19,186,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently made changes to their positions in LDOS. MCF Advisors LLC bought a new stake in Leidos during the 1st quarter worth approximately $27,000. First Pacific Financial purchased a new stake in shares of Leidos in the second quarter worth $27,000. Raleigh Capital Management Inc. bought a new stake in shares of Leidos during the 2nd quarter valued at $29,000. True Wealth Design LLC raised its position in shares of Leidos by 471.4% during the 2nd quarter. True Wealth Design LLC now owns 200 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 165 shares during the period. Finally, Zions Bancorporation National Association UT purchased a new position in shares of Leidos during the 1st quarter valued at $33,000. 76.12% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
LDOS has been the topic of a number of recent analyst reports. Jefferies Financial Group raised Leidos from a “hold” rating to a “buy” rating and raised their price target for the company from $185.00 to $205.00 in a report on Wednesday, August 6th. Argus lifted their target price on Leidos from $185.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, September 24th. Bank of America boosted their price target on Leidos from $200.00 to $235.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Wall Street Zen upgraded Leidos from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 8th. Finally, UBS Group lifted their price objective on shares of Leidos from $209.00 to $216.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Ten equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $199.23.
Insider Buying and Selling
In other Leidos 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 value of $2,226,215.58. Following the sale, the insider owned 25,817 shares in the company, valued at $4,599,040.38. This trade represents a 32.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.69% of the stock is owned by company insiders.
Leidos Stock Up 0.2%
NYSE LDOS opened at $189.20 on Wednesday. The stock has a 50 day moving average price of $189.83 and a 200-day moving average price of $171.95. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $205.77. The company has a market capitalization of $24.19 billion, a P/E ratio of 17.65, a P/E/G ratio of 1.39 and a beta of 0.69. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.50 and a current ratio of 1.62.
Leidos (NYSE:LDOS – Get Free Report) last released its quarterly earnings results on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share for the quarter, beating the consensus estimate of $2.61 by $0.44. Leidos had a return on equity of 33.02% and a net margin of 8.11%.The company had revenue of $4.47 billion for 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, equities analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.
Leidos Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 0.9%. This is a boost from Leidos’s previous quarterly dividend of $0.40. The ex-dividend date is Monday, December 15th. Leidos’s dividend payout ratio (DPR) is presently 14.93%.
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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