TD Private Client Wealth LLC Has $1.41 Million Stake in Leidos Holdings, Inc. (NYSE:LDOS)

TD Private Client Wealth LLC lowered its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 3.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 9,797 shares of the aerospace company’s stock after selling 367 shares during the period. TD Private Client Wealth LLC’s holdings in Leidos were worth $1,411,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Duncker Streett & Co. Inc. bought a new position in shares of Leidos during the 4th quarter worth approximately $27,000. Berbice Capital Management LLC bought a new position in shares of Leidos during the 4th quarter worth approximately $29,000. Mather Group LLC. lifted 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 buying an additional 156 shares in the last quarter. Human Investing LLC bought a new position in shares of Leidos during the 4th quarter worth approximately $52,000. Finally, Vision Financial Markets LLC bought a new position in shares of Leidos during the 4th quarter worth approximately $57,000. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Stock Down 0.9 %

LDOS opened at $133.66 on Friday. The company has a fifty day moving average price of $139.37 and a 200-day moving average price of $154.30. The firm has a market capitalization of $17.14 billion, a P/E ratio of 14.46, a price-to-earnings-growth ratio of 1.65 and a beta of 0.72. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.21 and a quick ratio of 1.13. Leidos Holdings, Inc. has a one year low of $123.23 and a one year high of $202.90.

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

Leidos Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.20%. Leidos’s dividend payout ratio (DPR) is currently 17.32%.

Insider Buying and Selling

In related news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the company’s stock in a transaction on Thursday, February 13th. The shares were 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 directly owns 6,408 shares in the company, valued at approximately $862,260.48. The trade was a 19.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gary Stephen May sold 2,128 shares of the company’s stock in a transaction 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 completion of 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 owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on LDOS shares. William Blair cut shares of Leidos from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Wells Fargo & Company lowered their price target on shares of Leidos from $197.00 to $191.00 and set an “overweight” rating on the stock in a report on Wednesday, February 26th. Truist Financial lowered their price target on shares of Leidos from $185.00 to $165.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th. The Goldman Sachs Group cut shares of Leidos from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $228.00 to $153.00 in a report on Thursday, December 12th. Finally, UBS Group lowered their price target on shares of Leidos from $162.00 to $156.00 and set a “neutral” rating on the stock in a report on Wednesday, February 12th. Six equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $178.07.

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.