Leidos Holdings, Inc. (NYSE:LDOS) Shares Acquired by Lbp Am Sa

Lbp Am Sa grew its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 54.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,665 shares of the aerospace company’s stock after acquiring an additional 7,665 shares during the quarter. Lbp Am Sa’s holdings in Leidos were worth $3,121,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of LDOS. Duncker Streett & Co. Inc. acquired a new stake in shares of Leidos during the 4th quarter worth about $27,000. Berbice Capital Management LLC acquired a new stake in shares of Leidos during the 4th quarter worth about $29,000. Mather Group LLC. increased its position 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 last quarter. Human Investing LLC acquired a new stake in shares of Leidos during the 4th quarter worth about $52,000. Finally, Vision Financial Markets LLC acquired a new stake in shares of Leidos during the 4th quarter worth about $57,000. 76.12% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on LDOS shares. Cantor Fitzgerald raised Leidos to a “strong-buy” rating in a research report on Tuesday, February 25th. The Goldman Sachs Group cut Leidos from a “buy” rating to a “neutral” rating and lowered their target price for the company from $228.00 to $153.00 in a report on Thursday, December 12th. Wells Fargo & Company lowered their target price on Leidos from $197.00 to $191.00 and set an “overweight” rating for the company in a report on Wednesday, February 26th. William Blair cut Leidos from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Finally, Truist Financial lowered their target price on Leidos from $185.00 to $165.00 and set a “buy” 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 assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $175.87.

Insider Buying and Selling

In other Leidos news, Director Gary Stephen May sold 2,128 shares of Leidos stock in a transaction that occurred on Tuesday, February 18th. The stock was 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. The trade was a 15.89 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of Leidos 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 transaction, the director now directly owns 6,408 shares in the company, valued at approximately $862,260.48. This trade represents a 19.08 % decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is owned by company insiders.

Leidos Price Performance

LDOS stock opened at $134.59 on Friday. The business has a 50 day moving average price of $140.42 and a 200 day moving average price of $155.02. The stock has a market cap of $17.65 billion, a price-to-earnings ratio of 14.57, a PEG ratio of 1.65 and a beta of 0.72. Leidos Holdings, Inc. has a fifty-two week low of $123.23 and a fifty-two week high of $202.90. 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 (NYSE:LDOS) last posted its earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share 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%. Equities research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend 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.