Leidos Holdings Inc (LDOS) Shares Sold by Brown Advisory Inc.

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Brown Advisory Inc. cut its position in shares of Leidos Holdings Inc (NYSE:LDOS) by 5.0% in the 3rd quarter, Holdings Channel reports. The fund owned 41,678 shares of the aerospace company’s stock after selling 2,172 shares during the period. Brown Advisory Inc.’s holdings in Leidos were worth $2,882,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. BlackRock Inc. increased its stake in Leidos by 5.0% during the third quarter. BlackRock Inc. now owns 13,530,994 shares of the aerospace company’s stock worth $935,803,000 after acquiring an additional 642,239 shares during the last quarter. FMR LLC increased its stake in Leidos by 30.3% during the second quarter. FMR LLC now owns 13,424,963 shares of the aerospace company’s stock worth $792,073,000 after acquiring an additional 3,122,237 shares during the last quarter. Boston Partners increased its stake in Leidos by 14.4% during the second quarter. Boston Partners now owns 5,468,842 shares of the aerospace company’s stock worth $322,662,000 after acquiring an additional 687,970 shares during the last quarter. FIL Ltd increased its stake in Leidos by 0.4% during the third quarter. FIL Ltd now owns 3,054,462 shares of the aerospace company’s stock worth $211,246,000 after acquiring an additional 12,898 shares during the last quarter. Finally, Victory Capital Management Inc. increased its stake in Leidos by 4,122.6% during the third quarter. Victory Capital Management Inc. now owns 2,161,817 shares of the aerospace company’s stock worth $149,511,000 after acquiring an additional 2,110,621 shares during the last quarter. Institutional investors own 72.47% of the company’s stock.

Several equities research analysts have recently weighed in on the company. Argus decreased their target price on Leidos from $80.00 to $70.00 and set a “buy” rating for the company in a research report on Monday, October 29th. ValuEngine downgraded Leidos from a “buy” rating to a “hold” rating in a research report on Wednesday, September 19th. Zacks Investment Research raised Leidos from a “hold” rating to a “buy” rating and set a $76.00 target price for the company in a research report on Tuesday, September 25th. Finally, Cowen reaffirmed a “buy” rating and issued a $77.00 target price on shares of Leidos in a research report on Wednesday, October 17th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Leidos presently has a consensus rating of “Buy” and a consensus target price of $77.29.

Shares of NYSE LDOS opened at $58.87 on Friday. Leidos Holdings Inc has a 1-year low of $57.50 and a 1-year high of $72.30. The company has a quick ratio of 1.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $8.83 billion, a PE ratio of 15.83, a P/E/G ratio of 1.35 and a beta of 1.60.

Leidos (NYSE:LDOS) last issued its earnings results on Thursday, October 25th. The aerospace company reported $1.14 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.10 by $0.04. The company had revenue of $2.58 billion during the quarter, compared to the consensus estimate of $2.64 billion. Leidos had a return on equity of 18.67% and a net margin of 5.04%. On average, research analysts anticipate that Leidos Holdings Inc will post 4.36 EPS for the current fiscal year.

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Leidos Company Profile

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets primarily in the United States. The company operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

See Also: Benefits of owning preferred stock

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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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