Leidos Holdings, Inc. (NYSE:LDOS) Director Surya N. Mohapatra Sells 2,748 Shares

Leidos Holdings, Inc. (NYSE:LDOS) Director Surya N. Mohapatra sold 2,748 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $194.97, for a total value of $535,777.56. Following the transaction, the director now directly owns 20,001 shares in the company, valued at approximately $3,899,594.97. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Leidos Stock Up 0.1 %

LDOS traded up $0.13 during mid-day trading on Tuesday, reaching $201.52. 64,049 shares of the stock were exchanged, compared to its average volume of 859,574. The company has a 50 day moving average price of $167.47 and a two-hundred day moving average price of $154.38. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.15 and a current ratio of 1.23. The stock has a market capitalization of $26.89 billion, a PE ratio of 22.94, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68. Leidos Holdings, Inc. has a 1 year low of $102.72 and a 1 year high of $202.35.

Leidos (NYSE:LDOS) last issued its quarterly earnings results on Tuesday, October 29th. The aerospace company reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.96 by $0.97. The company had revenue of $4.19 billion for the quarter, compared to the consensus estimate of $4.06 billion. Leidos had a net margin of 7.37% and a return on equity of 30.31%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.03 EPS. As a group, research analysts anticipate that Leidos Holdings, Inc. will post 10.09 EPS for the current year.

Leidos Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be issued a $0.40 dividend. This is an increase from Leidos’s previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date is Friday, December 13th. Leidos’s payout ratio is 18.22%.

Analyst Ratings Changes

Several research firms have recently commented on LDOS. Bank of America boosted their price objective on Leidos from $160.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday, August 7th. Royal Bank of Canada raised their price objective on shares of Leidos from $145.00 to $180.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 30th. TD Cowen lifted their price objective on shares of Leidos from $175.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Barclays upped their target price on shares of Leidos from $165.00 to $210.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Finally, Robert W. Baird lifted their price target on Leidos from $180.00 to $218.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Two investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $191.23.

Hedge Funds Weigh In On Leidos

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Rakuten Securities Inc. lifted its holdings in Leidos by 1,460.0% during the third quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 146 shares during the last quarter. Ashton Thomas Securities LLC purchased a new stake in Leidos during the third quarter valued at about $29,000. Northwest Investment Counselors LLC purchased a new stake in Leidos during the third quarter valued at about $30,000. 1832 Asset Management L.P. purchased a new stake in Leidos during the second quarter valued at about $34,000. Finally, Blue Trust Inc. lifted its holdings in Leidos by 251.3% during the second quarter. Blue Trust Inc. now owns 281 shares of the aerospace company’s stock valued at $41,000 after purchasing an additional 201 shares during the last quarter. 76.12% of the stock is owned by hedge funds and other institutional investors.

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.