Leidos Holdings, Inc. (NYSE:LDOS) Stock Holdings Lessened by Cozad Asset Management Inc.

Cozad Asset Management Inc. cut its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 4.6% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,873 shares of the aerospace company’s stock after selling 285 shares during the period. Cozad Asset Management Inc.’s holdings in Leidos were worth $857,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Key Financial Inc raised its stake in shares of Leidos by 6.5% during the 2nd quarter. Key Financial Inc now owns 1,141 shares of the aerospace company’s stock worth $166,000 after purchasing an additional 70 shares in the last quarter. Bleakley Financial Group LLC increased its holdings in Leidos by 2.9% in the first quarter. Bleakley Financial Group LLC now owns 2,671 shares of the aerospace company’s stock worth $350,000 after buying an additional 76 shares during the last quarter. Somerset Trust Co increased its holdings in Leidos by 4.7% in the second quarter. Somerset Trust Co now owns 2,346 shares of the aerospace company’s stock worth $342,000 after buying an additional 106 shares during the last quarter. UMB Bank n.a. raised its position in Leidos by 3.1% during the second quarter. UMB Bank n.a. now owns 3,569 shares of the aerospace company’s stock valued at $521,000 after acquiring an additional 107 shares in the last quarter. Finally, Czech National Bank grew its position in Leidos by 0.5% in the first quarter. Czech National Bank now owns 24,194 shares of the aerospace company’s stock worth $3,172,000 after acquiring an additional 111 shares in the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Analysts Set New Price Targets

LDOS has been the topic of a number of recent research reports. Barclays raised their price target on shares of Leidos from $160.00 to $165.00 and gave the company an “overweight” rating in a report on Monday, August 5th. JPMorgan Chase & Co. boosted their price target on Leidos from $165.00 to $175.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 31st. TD Cowen increased their price objective on Leidos from $155.00 to $166.00 and gave the company a “buy” rating in a report on Wednesday, July 31st. Bank of America boosted their target price on Leidos from $160.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, August 7th. Finally, Wells Fargo & Company increased their price target on Leidos from $168.00 to $172.00 and gave the company an “overweight” rating in a report on Thursday, August 1st. Two analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $162.25.

Leidos Trading Up 0.2 %

Shares of LDOS stock opened at $156.09 on Thursday. The firm has a market capitalization of $21.03 billion, a P/E ratio of 67.28, a price-to-earnings-growth ratio of 1.41 and a beta of 0.69. Leidos Holdings, Inc. has a 1 year low of $89.22 and a 1 year high of $159.10. The firm’s fifty day simple moving average is $149.40 and its 200 day simple moving average is $140.63. The company has a current ratio of 1.21, a quick ratio of 1.11 and a debt-to-equity ratio of 0.91.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, July 30th. The aerospace company reported $2.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.36. Leidos had a net margin of 2.72% and a return on equity of 28.40%. The company had revenue of $4.13 billion for the quarter, compared to the consensus estimate of $4.06 billion. During the same quarter in the previous year, the firm posted $1.80 EPS. The business’s revenue was up 7.7% compared to the same quarter last year. As a group, sell-side analysts predict that Leidos Holdings, Inc. will post 8.95 EPS for the current year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be given a $0.38 dividend. The ex-dividend date is Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.97%. Leidos’s dividend payout ratio is currently 65.52%.

Insider Transactions at Leidos

In related news, Director Gary Stephen May sold 1,000 shares of the company’s stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $144.02, for a total value of $144,020.00. Following the completion of the transaction, the director now directly owns 11,264 shares in the company, valued at $1,622,241.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Gary Stephen May sold 1,000 shares of the company’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $144.02, for a total value of $144,020.00. Following the sale, the director now owns 11,264 shares of the company’s stock, valued at $1,622,241.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Robert C. Kovarik, Jr. sold 1,059 shares of the stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $145.23, for a total transaction of $153,798.57. Following the completion of the transaction, the director now directly owns 7,455 shares of the company’s stock, valued at approximately $1,082,689.65. The disclosure for this sale can be found here. 0.96% of the stock is owned by insiders.

About Leidos

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.