IFM Investors Pty Ltd Has $1.21 Million Stock Holdings in Leidos Holdings Inc (NYSE:LDOS)

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IFM Investors Pty Ltd grew its position in Leidos Holdings Inc (NYSE:LDOS) by 43.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,038 shares of the aerospace company’s stock after purchasing an additional 4,235 shares during the period. IFM Investors Pty Ltd’s holdings in Leidos were worth $1,206,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CWM LLC raised its holdings in Leidos by 66.0% in the second quarter. CWM LLC now owns 332 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 132 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in Leidos in the second quarter worth $27,000. TRUE Private Wealth Advisors acquired a new stake in Leidos in the second quarter worth $68,000. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of Leidos during the second quarter worth $88,000. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. acquired a new stake in shares of Leidos during the second quarter worth $97,000. Institutional investors own 74.82% of the company’s stock.

In related news, Director Gary Stephen May sold 500 shares of the firm’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $84.57, for a total value of $42,285.00. Following the completion of the transaction, the director now owns 9,166 shares of the company’s stock, valued at $775,168.62. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.17% of the stock is currently owned by company insiders.

A number of brokerages recently commented on LDOS. SunTrust Banks raised their price objective on shares of Leidos to $95.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Morgan Stanley raised their price objective on shares of Leidos from $81.00 to $83.00 and gave the stock an “equal weight” rating in a report on Thursday, October 10th. Cowen restated a “buy” rating and set a $89.00 price objective on shares of Leidos in a report on Tuesday, October 29th. JPMorgan Chase & Co. began coverage on shares of Leidos in a report on Tuesday, September 24th. They set a “neutral” rating and a $95.00 price objective on the stock. Finally, ValuEngine lowered shares of Leidos from a “hold” rating to a “sell” rating in a report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $86.50.

Leidos stock traded up $1.20 during mid-day trading on Friday, reaching $87.20. The company’s stock had a trading volume of 947,754 shares, compared to its average volume of 1,252,618. The company has a market capitalization of $11.78 billion, a price-to-earnings ratio of 19.91, a price-to-earnings-growth ratio of 2.22 and a beta of 1.51. Leidos Holdings Inc has a 12 month low of $50.33 and a 12 month high of $89.00. The business’s 50 day simple moving average is $83.72 and its 200 day simple moving average is $80.76. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.16 and a current ratio of 1.16.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, October 29th. The aerospace company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.17. The business had revenue of $2.84 billion during the quarter, compared to the consensus estimate of $2.73 billion. Leidos had a net margin of 6.25% and a return on equity of 21.12%. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.14 earnings per share. As a group, sell-side analysts expect that Leidos Holdings Inc will post 5 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 16th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend is Friday, December 13th. Leidos’s dividend payout ratio (DPR) is currently 31.05%.

About Leidos

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. It 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.

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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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