Schechter Investment Advisors LLC Sells 333 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Schechter Investment Advisors LLC cut its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 7.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 4,212 shares of the aerospace company’s stock after selling 333 shares during the period. Schechter Investment Advisors LLC’s holdings in Leidos were worth $607,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of LDOS. Rakuten Securities Inc. lifted its stake in Leidos by 1,460.0% during the 3rd quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock valued at $25,000 after acquiring an additional 146 shares in the last quarter. Duncker Streett & Co. Inc. bought a new stake in shares of Leidos during the 4th quarter worth $27,000. Ashton Thomas Securities LLC bought a new stake in shares of Leidos during the 3rd quarter worth $29,000. Berbice Capital Management LLC bought a new stake in shares of Leidos during the 4th quarter worth $29,000. Finally, Mather Group LLC. raised its stake in shares of Leidos by 143.1% during the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 156 shares during the period. 76.12% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

LDOS has been the topic of a number of recent analyst reports. StockNews.com cut Leidos from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 28th. The Goldman Sachs Group cut Leidos from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $228.00 to $153.00 in a research note on Thursday, December 12th. TD Cowen cut Leidos from a “buy” rating to a “hold” rating and lowered their target price for the stock from $200.00 to $165.00 in a research note on Wednesday, January 8th. Cantor Fitzgerald upgraded Leidos to a “strong-buy” rating in a research note on Tuesday, February 25th. Finally, UBS Group decreased their price objective on Leidos from $162.00 to $156.00 and set a “neutral” rating for the company in a report on Wednesday, February 12th. Six equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $175.87.

Insider Transactions at Leidos

In related news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the business’s stock in a transaction that occurred on 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 sale, the director now owns 6,408 shares in the company, valued at $862,260.48. The trade was a 19.08 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Gary Stephen May sold 2,128 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total value of $279,278.72. Following the completion of the sale, 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 owned by insiders.

Leidos Stock Up 2.4 %

LDOS stock opened at $132.35 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $17.36 billion, a PE ratio of 14.32, a PEG ratio of 1.65 and a beta of 0.66. Leidos Holdings, Inc. has a twelve month low of $123.22 and a twelve month high of $202.90. The stock has a 50-day simple moving average of $142.01 and a two-hundred day simple moving average of $156.06.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 EPS for the quarter, topping 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%. On average, equities analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Friday, March 14th. Leidos’s payout ratio is 17.32%.

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.