Leidos Holdings, Inc. (NYSE:LDOS) Shares Purchased by Lindbrook Capital LLC

Lindbrook Capital LLC increased its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 209.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 275 shares of the aerospace company’s stock after purchasing an additional 186 shares during the quarter. Lindbrook Capital LLC’s holdings in Leidos were worth $30,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Leidos by 1.1% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 10,858 shares of the aerospace company’s stock worth $1,001,000 after acquiring an additional 122 shares in the last quarter. Signaturefd LLC boosted its position in shares of Leidos by 9.3% during the 3rd quarter. Signaturefd LLC now owns 1,592 shares of the aerospace company’s stock worth $147,000 after acquiring an additional 135 shares in the last quarter. Covestor Ltd boosted its position in shares of Leidos by 10.5% during the 3rd quarter. Covestor Ltd now owns 1,444 shares of the aerospace company’s stock worth $133,000 after acquiring an additional 137 shares in the last quarter. New York Life Investment Management LLC boosted its position in shares of Leidos by 0.8% during the 3rd quarter. New York Life Investment Management LLC now owns 19,735 shares of the aerospace company’s stock worth $1,819,000 after acquiring an additional 148 shares in the last quarter. Finally, Hohimer Wealth Management LLC boosted its position in shares of Leidos by 1.0% during the 3rd quarter. Hohimer Wealth Management LLC now owns 16,257 shares of the aerospace company’s stock worth $1,498,000 after acquiring an additional 160 shares in the last quarter. 76.12% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

LDOS has been the subject of several analyst reports. Truist Financial upped their price objective on Leidos from $135.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. Barclays raised Leidos from an “equal weight” rating to an “overweight” rating in a report on Friday, January 5th. Royal Bank of Canada boosted their target price on Leidos from $105.00 to $120.00 and gave the company a “sector perform” rating in a report on Wednesday, February 14th. Jefferies Financial Group boosted their target price on Leidos from $130.00 to $135.00 and gave the company a “hold” rating in a report on Wednesday, April 10th. Finally, Bank of America boosted their target price on Leidos from $125.00 to $145.00 and gave the company a “buy” rating in a report on Wednesday, March 27th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, Leidos currently has a consensus rating of “Moderate Buy” and an average price target of $132.42.

Leidos Stock Up 0.3 %

LDOS opened at $130.33 on Friday. The business has a 50 day moving average price of $127.59 and a two-hundred day moving average price of $113.69. The company has a quick ratio of 1.24, a current ratio of 1.34 and a debt-to-equity ratio of 1.10. The company has a market cap of $17.61 billion, a PE ratio of 91.78, a P/E/G ratio of 1.79 and a beta of 0.70. Leidos Holdings, Inc. has a 52 week low of $76.58 and a 52 week high of $131.50.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, February 13th. The aerospace company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.74 by $0.25. Leidos had a return on equity of 22.92% and a net margin of 1.29%. The company had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.81 billion. During the same quarter in the previous year, the firm posted $1.83 EPS. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. As a group, research analysts anticipate that Leidos Holdings, Inc. will post 7.77 EPS for the current year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Tuesday, May 14th will be given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.17%. Leidos’s payout ratio is 107.04%.

Insiders Place Their Bets

In other Leidos news, Director David G. Fubini sold 7,874 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $127.89, for a total transaction of $1,007,005.86. Following the transaction, the director now owns 14,696 shares in the company, valued at approximately $1,879,471.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Gary Stephen May sold 2,745 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $124.49, for a total value of $341,725.05. Following the sale, the director now owns 11,352 shares in the company, valued at approximately $1,413,210.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director David G. Fubini sold 7,874 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $127.89, for a total value of $1,007,005.86. Following the completion of the sale, the director now owns 14,696 shares in the company, valued at approximately $1,879,471.44. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by insiders.

Leidos 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.