Sanctuary Advisors LLC Sells 5,266 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Sanctuary Advisors LLC lessened its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 19.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,378 shares of the aerospace company’s stock after selling 5,266 shares during the period. Sanctuary Advisors LLC’s holdings in Leidos were worth $3,182,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. FMR LLC raised its holdings in shares of Leidos by 27.8% during the 3rd quarter. FMR LLC now owns 2,405,726 shares of the aerospace company’s stock valued at $392,133,000 after buying an additional 522,764 shares in the last quarter. JPMorgan Chase & Co. grew its position in Leidos by 13.1% during the third quarter. JPMorgan Chase & Co. now owns 3,504,392 shares of the aerospace company’s stock valued at $571,216,000 after acquiring an additional 405,256 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of Leidos by 24,194.3% during the third quarter. International Assets Investment Management LLC now owns 377,047 shares of the aerospace company’s stock worth $61,459,000 after acquiring an additional 375,495 shares in the last quarter. Van ECK Associates Corp lifted its holdings in shares of Leidos by 39.9% in the 4th quarter. Van ECK Associates Corp now owns 841,479 shares of the aerospace company’s stock worth $121,223,000 after acquiring an additional 239,846 shares during the last quarter. Finally, Barclays PLC boosted its stake in shares of Leidos by 53.1% in the 3rd quarter. Barclays PLC now owns 576,022 shares of the aerospace company’s stock valued at $93,891,000 after purchasing an additional 199,686 shares in the last quarter. Institutional investors own 76.12% of the company’s stock.

Insider Buying and Selling at Leidos

In other Leidos news, Director Gary Stephen May sold 2,128 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were 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 approximately $1,478,287.36. This trade represents a 15.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the business’s stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $134.56, for a total value of $203,320.16. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.96% of the company’s stock.

Leidos Trading Down 2.6 %

Shares of LDOS opened at $126.66 on Friday. Leidos Holdings, Inc. has a 1-year low of $123.22 and a 1-year high of $202.90. The firm has a market capitalization of $16.61 billion, a price-to-earnings ratio of 13.71, a PEG ratio of 1.65 and a beta of 0.66. The firm’s 50-day moving average price is $144.36 and its 200-day moving average price is $156.65. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91.

Leidos (NYSE:LDOS) last posted its quarterly earnings data 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 return on equity of 30.93% and a net margin of 7.53%. Sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The company 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 is Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a yield of 1.26%. Leidos’s dividend payout ratio (DPR) is 17.32%.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Royal Bank of Canada boosted their price target on shares of Leidos from $145.00 to $180.00 and gave the stock a “sector perform” rating in a research note on Wednesday, October 30th. TD Cowen lowered Leidos from a “buy” rating to a “hold” rating and lowered their target price for the company from $200.00 to $165.00 in a research note on Wednesday, January 8th. UBS Group reduced their price target on Leidos from $162.00 to $156.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 12th. Truist Financial lowered their price objective on Leidos from $185.00 to $165.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th. Finally, Wells Fargo & Company cut their target price on shares of Leidos from $199.00 to $197.00 and set an “overweight” rating on the stock in a report on Wednesday, February 12th. Six equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued 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 $176.27.

Leidos 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.