Versor Investments LP Increases Stock Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Versor Investments LP raised its position in Leidos Holdings, Inc. (NYSE:LDOS) by 45.3% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 7,849 shares of the aerospace company’s stock after purchasing an additional 2,446 shares during the period. Versor Investments LP’s holdings in Leidos were worth $1,131,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LDOS. FMR LLC lifted its holdings in Leidos by 27.8% in the 3rd quarter. FMR LLC now owns 2,405,726 shares of the aerospace company’s stock valued at $392,133,000 after purchasing an additional 522,764 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Leidos by 13.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,504,392 shares of the aerospace company’s stock valued at $571,216,000 after purchasing an additional 405,256 shares in the last quarter. Van ECK Associates Corp lifted its holdings in Leidos by 39.9% in the 4th quarter. Van ECK Associates Corp now owns 841,479 shares of the aerospace company’s stock valued at $121,223,000 after purchasing an additional 239,846 shares in the last quarter. Barclays PLC lifted its holdings in Leidos by 53.1% in the 3rd quarter. Barclays PLC now owns 576,022 shares of the aerospace company’s stock valued at $93,891,000 after purchasing an additional 199,686 shares in the last quarter. Finally, Los Angeles Capital Management LLC lifted its holdings in Leidos by 185.3% in the 4th quarter. Los Angeles Capital Management LLC now owns 157,379 shares of the aerospace company’s stock valued at $22,672,000 after purchasing an additional 102,214 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Stock Up 0.1 %

Shares of NYSE:LDOS opened at $129.77 on Friday. The business has a 50-day moving average price of $142.89 and a 200 day moving average price of $156.26. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $17.02 billion, a price-to-earnings ratio of 14.04, a PEG ratio of 1.65 and a beta of 0.66. Leidos Holdings, Inc. has a 12-month low of $123.22 and a 12-month high of $202.90.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share for the quarter, beating the consensus estimate of $2.24 by $0.13. Leidos had a return on equity of 30.93% and a net margin of 7.53%. Sell-side analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.23%. The ex-dividend date is Friday, March 14th. Leidos’s dividend payout ratio is currently 17.32%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on LDOS shares. The Goldman Sachs Group lowered Leidos from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $228.00 to $153.00 in a report on Thursday, December 12th. William Blair lowered Leidos from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. UBS Group reduced their price target on Leidos from $162.00 to $156.00 and set a “neutral” rating on the stock in a report on Wednesday, February 12th. Cantor Fitzgerald upgraded Leidos to a “strong-buy” rating in a report on Tuesday. Finally, StockNews.com lowered Leidos from a “strong-buy” rating to a “buy” rating in a report on Friday. Six investment 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. According to data from MarketBeat, Leidos has a consensus rating of “Moderate Buy” and an average target price of $175.87.

Insider Buying and Selling at Leidos

In other news, Director Robert C. Kovarik, Jr. sold 1,511 shares of Leidos stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $134.56, for a total value of $203,320.16. Following the completion of the transaction, the director now owns 6,408 shares in the company, valued at approximately $862,260.48. This trade represents a 19.08 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Gary Stephen May sold 2,128 shares of Leidos stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total value of $279,278.72. Following the completion of the transaction, the director now owns 11,264 shares of the company’s stock, valued at $1,478,287.36. The trade was a 15.89 % decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by corporate insiders.

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.