Leidos Holdings, Inc. (NYSE:LDOS) Shares Sold by AlphaMark Advisors LLC

AlphaMark Advisors LLC reduced its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 5.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,106 shares of the aerospace company’s stock after selling 503 shares during the quarter. AlphaMark Advisors LLC’s holdings in Leidos were worth $1,194,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Victory Capital Management Inc. increased its holdings in shares of Leidos by 0.8% in the fourth quarter. Victory Capital Management Inc. now owns 4,923,663 shares of the aerospace company’s stock valued at $532,937,000 after purchasing an additional 39,174 shares during the period. Wellington Management Group LLP raised its position in Leidos by 6.2% during the 3rd quarter. Wellington Management Group LLP now owns 4,660,386 shares of the aerospace company’s stock worth $429,501,000 after buying an additional 272,090 shares during the last quarter. Norges Bank acquired a new stake in Leidos during the 4th quarter valued at approximately $202,191,000. Dimensional Fund Advisors LP boosted its holdings in shares of Leidos by 2.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,841,723 shares of the aerospace company’s stock valued at $199,344,000 after acquiring an additional 45,079 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Leidos by 2.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,185,694 shares of the aerospace company’s stock worth $128,340,000 after acquiring an additional 24,041 shares during the period. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Roy E. Stevens sold 875 shares of the business’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $150.67, for a total transaction of $131,836.25. Following the completion of the sale, the insider now directly owns 44,149 shares in the company, valued at $6,651,929.83. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.96% of the stock is currently owned by insiders.

Analyst Ratings Changes

LDOS has been the subject of a number of research reports. Truist Financial restated a “buy” rating and set a $165.00 target price (up from $150.00) on shares of Leidos in a research report on Wednesday, May 1st. Jefferies Financial Group upped their target price on Leidos from $130.00 to $135.00 and gave the stock a “hold” rating in a research note on Wednesday, April 10th. Royal Bank of Canada lifted their price target on Leidos from $120.00 to $140.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 1st. Bank of America boosted their price target on Leidos from $125.00 to $145.00 and gave the company a “buy” rating in a report on Wednesday, March 27th. Finally, Stifel Nicolaus raised their price objective on shares of Leidos from $160.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, June 24th. Two analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $146.08.

Leidos Price Performance

Shares of LDOS stock traded down $0.32 during trading hours on Monday, hitting $145.56. 633,821 shares of the company’s stock were exchanged, compared to its average volume of 894,677. Leidos Holdings, Inc. has a fifty-two week low of $87.61 and a fifty-two week high of $151.32. The firm has a market cap of $19.68 billion, a P/E ratio of 62.74, a P/E/G ratio of 1.51 and a beta of 0.68. The company has a quick ratio of 1.24, a current ratio of 1.35 and a debt-to-equity ratio of 1.07. The firm has a 50 day moving average of $143.95 and a two-hundred day moving average of $127.72.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, April 30th. The aerospace company reported $2.29 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.59. The company had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.82 billion. Leidos had a net margin of 2.04% and a return on equity of 25.66%. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.47 earnings per share. Sell-side analysts forecast that Leidos Holdings, Inc. will post 8.75 EPS for the current year.

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend was Friday, June 14th. Leidos’s dividend payout ratio is presently 65.52%.

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.