REAP Financial Group LLC Buys 76 Shares of Leidos Holdings, Inc. $LDOS

REAP Financial Group LLC lifted its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 50.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 228 shares of the aerospace company’s stock after acquiring an additional 76 shares during the period. REAP Financial Group LLC’s holdings in Leidos were worth $36,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in LDOS. First Pacific Financial purchased a new position in Leidos during the 2nd quarter worth $27,000. Raleigh Capital Management Inc. purchased a new position in Leidos during the 2nd quarter worth $29,000. MCF Advisors LLC purchased a new position in Leidos during the 1st quarter worth $27,000. Optimum Investment Advisors grew its stake in Leidos by 260.0% during the 1st quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company’s stock worth $32,000 after buying an additional 169 shares during the last quarter. Finally, Zions Bancorporation National Association UT purchased a new position in Leidos during the 1st quarter worth $33,000. 76.12% of the stock is owned by institutional investors.

Leidos Stock Performance

NYSE LDOS opened at $198.16 on Thursday. The stock has a market capitalization of $25.42 billion, a price-to-earnings ratio of 18.73, a PEG ratio of 1.84 and a beta of 0.71. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $202.90. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 1.06. The stock has a 50-day moving average of $181.71 and a 200 day moving average of $161.06.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share for the quarter, topping analysts’ consensus estimates of $2.63 by $0.58. Leidos had a return on equity of 33.57% and a net margin of 8.22%.The company had revenue of $4.25 billion during the quarter, compared to analysts’ expectations of $4.24 billion. During the same quarter in the prior year, the firm posted $2.63 EPS. Leidos’s quarterly revenue was up 2.9% compared to the same quarter last year. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. Sell-side analysts anticipate 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 was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, September 15th. Leidos’s dividend payout ratio is presently 15.12%.

Insider Buying and Selling

In other news, Director Gary Stephen May sold 2,000 shares of the stock in a transaction on Monday, August 11th. The stock was sold at an average price of $178.05, for a total value of $356,100.00. Following the sale, the director directly owned 10,137 shares in the company, valued at approximately $1,804,892.85. This trade represents a 16.48% 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, insider Stephen Edward Hull sold 12,497 shares of the stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $178.14, for a total value of $2,226,215.58. Following the completion of the sale, the insider owned 25,817 shares in the company, valued at approximately $4,599,040.38. The trade was a 32.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 22,975 shares of company stock worth $4,078,740. Company insiders own 0.96% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on LDOS shares. Argus boosted their target price on Leidos from $185.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, September 24th. Stifel Nicolaus set a $178.00 target price on Leidos and gave the stock a “buy” rating in a research note on Tuesday, June 24th. UBS Group boosted their target price on Leidos from $168.00 to $184.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Leidos in a research note on Wednesday. Finally, Wall Street Zen downgraded Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 9th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Leidos currently has an average rating of “Moderate Buy” and an average price target of $188.31.

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.