Leidos Holdings, Inc. (NYSE:LDOS) Shares Bought by Shilanski & Associates Inc.

Shilanski & Associates Inc. increased its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 4.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,951 shares of the aerospace company’s stock after acquiring an additional 572 shares during the period. Shilanski & Associates Inc.’s holdings in Leidos were worth $1,866,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp grew its holdings in shares of Leidos by 1.0% in the 3rd quarter. State Street Corp now owns 5,800,357 shares of the aerospace company’s stock worth $945,458,000 after acquiring an additional 56,066 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Leidos by 13.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,504,392 shares of the aerospace company’s stock valued at $571,216,000 after purchasing an additional 405,256 shares during the period. Geode Capital Management LLC increased its stake in Leidos by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 3,365,903 shares of the aerospace company’s stock worth $546,912,000 after purchasing an additional 42,358 shares in the last quarter. FMR LLC raised its holdings in Leidos by 27.8% during the 3rd quarter. FMR LLC now owns 2,405,726 shares of the aerospace company’s stock worth $392,133,000 after buying an additional 522,764 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its stake in Leidos by 2.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,153,420 shares of the aerospace company’s stock valued at $351,007,000 after buying an additional 53,307 shares in the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Insider Transactions at Leidos

In other news, Director Robert C. Kovarik, Jr. sold 1,047 shares of the stock in a transaction that occurred on Thursday, October 31st. The stock was sold at an average price of $184.94, for a total value of $193,632.18. Following the completion of the sale, the director now directly owns 6,408 shares of the company’s stock, valued at approximately $1,185,095.52. This represents a 14.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Surya N. Mohapatra sold 2,748 shares of the business’s 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 transaction, the director now directly owns 20,001 shares in the company, valued at $3,899,594.97. This trade represents a 12.08 % decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

Leidos Trading Down 7.6 %

Shares of NYSE:LDOS opened at $148.81 on Friday. The company has a current ratio of 1.23, a quick ratio of 1.15 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $19.86 billion, a PE ratio of 16.95, a P/E/G ratio of 1.06 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 firm has a fifty day moving average price of $154.62 and a 200 day moving average price of $158.29.

Leidos (NYSE:LDOS) last announced 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. Leidos had a return on equity of 30.31% and a net margin of 7.37%. The company had revenue of $4.19 billion during the quarter, compared to analysts’ expectations of $4.06 billion. During the same quarter in the previous year, the firm earned $2.03 earnings per share. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. Analysts expect that Leidos Holdings, Inc. will post 10.03 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on LDOS shares. Wells Fargo & Company dropped their target price on shares of Leidos from $205.00 to $199.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. Royal Bank of Canada raised their target price on Leidos from $145.00 to $180.00 and gave the stock a “sector perform” rating in a research report on Wednesday, October 30th. Citigroup upped their price target on Leidos from $194.00 to $220.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Robert W. Baird raised their price objective on Leidos from $180.00 to $218.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Finally, TD Cowen downgraded Leidos from a “buy” rating to a “hold” rating and dropped their target price for the company from $200.00 to $165.00 in a report on Wednesday, January 8th. Five analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Leidos currently has an average rating of “Moderate Buy” and a consensus price target 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.