Jackson Creek Investment Advisors LLC Sells 192 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Jackson Creek Investment Advisors LLC trimmed its position in Leidos Holdings, Inc. (NYSE:LDOS) by 5.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 3,625 shares of the aerospace company’s stock after selling 192 shares during the period. Jackson Creek Investment Advisors LLC’s holdings in Leidos were worth $522,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Rakuten Securities Inc. increased its holdings in Leidos by 1,460.0% in the third quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 146 shares during the period. Duncker Streett & Co. Inc. acquired a new stake in Leidos in the fourth quarter valued at $27,000. Ashton Thomas Securities LLC acquired a new stake in Leidos in the third quarter valued at $29,000. Berbice Capital Management LLC acquired a new stake in Leidos during the 4th quarter worth about $29,000. Finally, Mather Group LLC. grew its holdings in 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 acquiring an additional 156 shares during the period. 76.12% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Wells Fargo & Company decreased their price target on Leidos from $197.00 to $191.00 and set an “overweight” rating for the company in a report on Wednesday, February 26th. TD Cowen downgraded Leidos from a “buy” rating to a “hold” rating and reduced their target price for the company from $200.00 to $165.00 in a research note on Wednesday, January 8th. Truist Financial reduced their target price on Leidos from $185.00 to $165.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. StockNews.com downgraded Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, UBS Group dropped their price target on shares of Leidos from $162.00 to $156.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 12th. Six 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 stock. According to MarketBeat.com, Leidos currently has a consensus rating of “Moderate Buy” and an average price target of $175.87.

Leidos Price Performance

Leidos stock opened at $139.49 on Friday. The company’s 50 day moving average price is $141.41 and its two-hundred day moving average price is $155.70. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. Leidos Holdings, Inc. has a 52 week low of $123.22 and a 52 week high of $202.90. The stock has a market cap of $18.30 billion, a P/E ratio of 15.10, a P/E/G ratio of 1.65 and a beta of 0.72.

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

Leidos Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.60 annualized dividend and a dividend yield of 1.15%. Leidos’s payout ratio is currently 17.32%.

Insider Transactions at Leidos

In other news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the business’s stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $134.56, for a total transaction of $203,320.16. Following the completion of the transaction, the director now directly 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 document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Gary Stephen May sold 2,128 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total transaction of $279,278.72. Following the transaction, the director now owns 11,264 shares of the company’s stock, valued at $1,478,287.36. This trade represents a 15.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by company 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.