Canada Post Corp Registered Pension Plan Purchases 8,701 Shares of Leidos Holdings, Inc. $LDOS

Canada Post Corp Registered Pension Plan raised its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 416.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,791 shares of the aerospace company’s stock after purchasing an additional 8,701 shares during the period. Canada Post Corp Registered Pension Plan’s holdings in Leidos were worth $2,003,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of LDOS. Prime Capital Investment Advisors LLC raised its stake in shares of Leidos by 1.7% during the third quarter. Prime Capital Investment Advisors LLC now owns 5,965 shares of the aerospace company’s stock worth $1,127,000 after buying an additional 102 shares during the last quarter. Waterloo Capital L.P. boosted its stake in Leidos by 4.1% in the third quarter. Waterloo Capital L.P. now owns 12,831 shares of the aerospace company’s stock valued at $2,425,000 after acquiring an additional 505 shares during the last quarter. Flagship Harbor Advisors LLC grew its holdings in Leidos by 16.2% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 1,922 shares of the aerospace company’s stock worth $363,000 after acquiring an additional 268 shares during the period. Bessemer Group Inc. raised its position in shares of Leidos by 4.9% during the 3rd quarter. Bessemer Group Inc. now owns 4,750 shares of the aerospace company’s stock valued at $897,000 after acquiring an additional 223 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its stake in shares of Leidos by 4.5% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 7,457 shares of the aerospace company’s stock valued at $1,409,000 after purchasing an additional 321 shares during the period. Institutional investors own 76.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on LDOS. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $230.00 price objective on shares of Leidos in a research note on Wednesday, November 5th. Wall Street Zen upgraded Leidos from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of Leidos in a research report on Monday, December 29th. Cantor Fitzgerald boosted their price objective on shares of Leidos from $185.00 to $225.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Finally, Zacks Research downgraded shares of Leidos from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 23rd. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $213.09.

Insider Activity at Leidos

In other news, insider Elizabeth A. Porter sold 3,000 shares of the company’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $192.21, for a total transaction of $576,630.00. Following the completion of the transaction, the insider directly owned 38,575 shares of the company’s stock, valued at $7,414,500.75. This represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.96% of the stock is currently owned by company insiders.

Leidos Price Performance

NYSE LDOS opened at $193.22 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.50 and a current ratio of 1.62. The stock has a market cap of $24.70 billion, a price-to-earnings ratio of 18.02, a PEG ratio of 1.35 and a beta of 0.59. The business has a 50 day simple moving average of $188.84 and a 200 day simple moving average of $185.69. Leidos Holdings, Inc. has a 52-week low of $123.62 and a 52-week high of $205.77.

Leidos Company Profile

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos’ work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.