Leidos Holdings, Inc. (NYSE:LDOS) Stock Holdings Increased by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC boosted its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 497.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 70,566 shares of the aerospace company’s stock after acquiring an additional 58,763 shares during the period. Leidos makes up about 1.3% of Teamwork Financial Advisors LLC’s portfolio, making the stock its 26th largest holding. Teamwork Financial Advisors LLC’s holdings in Leidos were worth $10,166,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in LDOS. Rakuten Securities Inc. grew its holdings in shares of Leidos by 1,460.0% during the 3rd quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock valued at $25,000 after acquiring an additional 146 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in Leidos during the third quarter valued at $29,000. Northwest Investment Counselors LLC purchased a new position in Leidos in the third quarter valued at about $30,000. 1832 Asset Management L.P. acquired a new position in Leidos in the 2nd quarter worth about $34,000. Finally, Kathleen S. Wright Associates Inc. purchased a new stake in shares of Leidos during the 3rd quarter worth about $46,000. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Trading Up 0.4 %

Shares of Leidos stock opened at $161.27 on Thursday. The company has a market cap of $21.52 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 1.05 and a beta of 0.66. Leidos Holdings, Inc. has a 1 year low of $108.95 and a 1 year high of $202.90. The company’s fifty day simple moving average is $155.29 and its 200-day simple moving average is $158.27. 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 (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, October 29th. The aerospace company reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.97. Leidos had a net margin of 7.37% and a return on equity of 30.31%. The company had revenue of $4.19 billion for the quarter, compared to the consensus estimate of $4.06 billion. During the same quarter in the previous year, the firm posted $2.03 EPS. The business’s revenue was up 6.9% compared to the same quarter last year. As a group, sell-side analysts expect that Leidos Holdings, Inc. will post 10.03 EPS for the current year.

Leidos Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a $0.40 dividend. This is a boost from Leidos’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, December 16th. This represents a $1.60 annualized dividend and a yield of 0.99%. Leidos’s dividend payout ratio is 18.22%.

Insiders Place Their Bets

In related news, Director Robert C. Kovarik, Jr. sold 1,047 shares of the company’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $184.94, for a total value of $193,632.18. Following the sale, the director now owns 6,408 shares of the company’s stock, valued at $1,185,095.52. The trade was a 14.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Noel B. Geer purchased 2,000 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were acquired at an average price of $161.13 per share, with a total value of $322,260.00. Following the purchase, the director now owns 2,000 shares of the company’s stock, valued at approximately $322,260. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.96% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on LDOS. TD Cowen lowered shares of Leidos from a “buy” rating to a “hold” rating and cut their price objective for the company from $200.00 to $165.00 in a research report on Wednesday, January 8th. Royal Bank of Canada lifted 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. JPMorgan Chase & Co. increased their target price on shares of Leidos from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 2nd. UBS Group started coverage on Leidos in a research report on Monday, December 2nd. They issued a “neutral” rating and a $182.00 price target for the company. Finally, Barclays increased their price objective on Leidos from $165.00 to $210.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Five equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $179.07.

About Leidos

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.