Guidance Capital Inc. Takes $799,000 Position in Leidos Holdings, Inc. (NYSE:LDOS)

Guidance Capital Inc. purchased a new stake in Leidos Holdings, Inc. (NYSE:LDOS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,487 shares of the aerospace company’s stock, valued at approximately $799,000.

Several other large investors also recently modified their holdings of the stock. Rakuten Securities Inc. increased its stake in shares of Leidos by 1,460.0% in the 3rd 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 acquired a new stake in Leidos in the third quarter valued at about $29,000. Berbice Capital Management LLC bought a new position in Leidos in the fourth quarter valued at about $29,000. Northwest Investment Counselors LLC acquired a new position in Leidos during the third quarter worth about $30,000. Finally, Mather Group LLC. lifted its holdings in shares of Leidos by 143.1% in the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company’s stock worth $38,000 after acquiring an additional 156 shares during the last quarter. 76.12% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Noel B. Geer bought 2,000 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was acquired at an average cost of $161.13 per share, for a total transaction of $322,260.00. Following the completion of the transaction, the director now directly owns 2,000 shares in the company, valued at $322,260. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Surya N. Mohapatra sold 2,748 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $194.97, for a total transaction of $535,777.56. Following the completion of the transaction, the director now directly owns 20,001 shares in the company, valued at $3,899,594.97. The trade was a 12.08 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.96% of the company’s stock.

Leidos Trading Up 0.2 %

NYSE:LDOS opened at $141.95 on Wednesday. The stock has a market capitalization of $18.94 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 0.93 and a beta of 0.66. The firm’s 50 day moving average is $151.60 and its 200 day moving average is $158.07. The company has a current ratio of 1.23, a quick ratio of 1.15 and a debt-to-equity ratio of 0.87. Leidos Holdings, Inc. has a 12 month low of $108.97 and a 12 month high of $202.90.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group lowered Leidos from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $228.00 to $153.00 in a research report on Thursday, December 12th. UBS Group assumed coverage on Leidos in a research note on Monday, December 2nd. They issued a “neutral” rating and a $182.00 price objective for the company. Truist Financial cut their target price on shares of Leidos from $205.00 to $185.00 and set a “buy” rating on the stock in a research report on Friday, November 22nd. Robert W. Baird upped their price target on shares of Leidos from $180.00 to $218.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Finally, Citigroup lifted their price target on shares of Leidos from $194.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Five analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $179.07.

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.