Blair William & Co. IL Decreases Stock Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Blair William & Co. IL lessened its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 21.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,013 shares of the aerospace company’s stock after selling 8,033 shares during the quarter. Blair William & Co. IL’s holdings in Leidos were worth $4,180,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of LDOS. NEOS Investment Management LLC grew its stake in Leidos by 26.5% during the 4th quarter. NEOS Investment Management LLC now owns 5,908 shares of the aerospace company’s stock valued at $851,000 after purchasing an additional 1,239 shares during the last quarter. UniSuper Management Pty Ltd boosted its position in Leidos by 19.0% in the fourth quarter. UniSuper Management Pty Ltd now owns 15,812 shares of the aerospace company’s stock valued at $2,278,000 after buying an additional 2,520 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Leidos by 10.8% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 215,051 shares of the aerospace company’s stock worth $31,645,000 after buying an additional 20,972 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in Leidos during the 4th quarter worth approximately $677,000. Finally, Meiji Yasuda Asset Management Co Ltd. boosted its holdings in shares of Leidos by 24.2% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 3,168 shares of the aerospace company’s stock valued at $456,000 after acquiring an additional 617 shares during the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insider Activity at Leidos

In other news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the company’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $134.56, for a total transaction of $203,320.16. Following the sale, the director now owns 6,408 shares of the company’s stock, valued at approximately $862,260.48. This represents a 19.08 % 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 the SEC website. Also, Director Gary Stephen May sold 2,128 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total value of $279,278.72. Following the transaction, the director now directly owns 11,264 shares of the company’s stock, valued at $1,478,287.36. The trade was 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.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on LDOS. William Blair cut shares of Leidos from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. TD Cowen lowered Leidos from a “buy” rating to a “hold” rating and cut their price target for the company from $200.00 to $165.00 in a research note on Wednesday, January 8th. Cantor Fitzgerald upgraded Leidos to a “strong-buy” rating in a report on Tuesday, February 25th. Wells Fargo & Company lowered their price target on shares of Leidos from $197.00 to $191.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 26th. Finally, StockNews.com downgraded shares of Leidos from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 8th. Six equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $178.07.

Leidos Stock Up 0.8 %

Shares of NYSE:LDOS opened at $135.16 on Tuesday. The business has a 50-day moving average price of $137.11 and a 200 day moving average price of $153.52. Leidos Holdings, Inc. has a 12-month low of $123.23 and a 12-month high of $202.90. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $17.33 billion, a price-to-earnings ratio of 14.63, a PEG ratio of 1.65 and a beta of 0.72.

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

Leidos Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were given a dividend of $0.40 per share. The ex-dividend date was Friday, March 14th. This represents a $1.60 annualized dividend and a dividend yield of 1.18%. Leidos’s dividend payout ratio is currently 17.32%.

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.