Plato Investment Management Ltd Purchases 285 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Plato Investment Management Ltd increased its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 4.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,410 shares of the aerospace company’s stock after acquiring an additional 285 shares during the period. Plato Investment Management Ltd’s holdings in Leidos were worth $927,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. SBI Securities Co. Ltd. bought a new stake in Leidos during the 4th quarter worth approximately $108,000. Jones Financial Companies Lllp increased its holdings in shares of Leidos by 25.3% in the 4th quarter. Jones Financial Companies Lllp now owns 2,420 shares of the aerospace company’s stock worth $349,000 after buying an additional 488 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Leidos by 20.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 454 shares of the aerospace company’s stock worth $65,000 after buying an additional 77 shares during the last quarter. Duncker Streett & Co. Inc. bought a new position in shares of Leidos in the 4th quarter worth $27,000. Finally, US Bancorp DE increased its holdings in shares of Leidos by 12.9% in the 4th quarter. US Bancorp DE now owns 9,309 shares of the aerospace company’s stock worth $1,341,000 after buying an additional 1,061 shares during the last quarter. Institutional investors own 76.12% of the company’s stock.

Leidos Trading Down 0.6 %

Shares of LDOS opened at $129.17 on Tuesday. The stock has a market capitalization of $16.94 billion, a P/E ratio of 13.98, a PEG ratio of 1.65 and a beta of 0.66. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. The firm has a fifty day simple moving average of $142.27 and a two-hundred day simple moving average of $156.17. Leidos Holdings, Inc. has a twelve month low of $123.22 and a twelve month high of $202.90.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share for the quarter, beating the consensus estimate of $2.24 by $0.13. Leidos had a net margin of 7.53% and a return on equity of 30.93%. On average, research analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.60 annualized dividend and a yield of 1.24%. Leidos’s dividend payout ratio (DPR) is presently 17.32%.

Insiders Place Their Bets

In other Leidos news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the company’s stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $134.56, for a total value of $203,320.16. Following the completion of the transaction, the director now directly owns 6,408 shares in the company, valued at approximately $862,260.48. This represents a 19.08 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gary Stephen May sold 2,128 shares of the company’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total transaction of $279,278.72. Following the completion of the transaction, the director now owns 11,264 shares of the company’s stock, valued at $1,478,287.36. This trade represents a 15.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.96% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Truist Financial decreased their price target on shares of Leidos from $185.00 to $165.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th. Barclays increased their price target on shares of Leidos from $165.00 to $210.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Wells Fargo & Company decreased their price target on shares of Leidos from $197.00 to $191.00 and set an “overweight” rating on the stock in a report on Wednesday, February 26th. Cantor Fitzgerald raised shares of Leidos to a “strong-buy” rating in a report on Tuesday, February 25th. Finally, William Blair lowered shares of Leidos from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Six equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $175.87.

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.