Castlekeep Investment Advisors LLC Invests $726,000 in Leidos Holdings, Inc. (NYSE:LDOS)

Castlekeep Investment Advisors LLC bought a new position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,042 shares of the aerospace company's stock, valued at approximately $726,000.

Several other institutional investors also recently bought and sold shares of the company. Marshall & Sterling Wealth Advisors Inc. purchased a new position in shares of Leidos in the 4th quarter worth $25,000. Duncker Streett & Co. Inc. bought a new stake in Leidos during the 4th quarter valued at approximately $27,000. Berbice Capital Management LLC purchased a new stake in Leidos during the 4th quarter valued at approximately $29,000. Mather Group LLC. increased its holdings in Leidos by 143.1% in the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock valued at $38,000 after acquiring an additional 156 shares during the last quarter. Finally, Human Investing LLC purchased a new stake in shares of Leidos in the fourth quarter worth about $52,000. 76.12% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on LDOS shares. StockNews.com cut shares of Leidos from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, April 30th. UBS Group lifted their price target on shares of Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a research note on Wednesday. William Blair lowered shares of Leidos from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Truist Financial dropped their target price on Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, Wells Fargo & Company lifted their price objective on shares of Leidos from $173.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday. Five research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $180.69.

Insider Buying and Selling

In other Leidos news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the business's stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $134.56, for a total value of $203,320.16. Following the transaction, the director now directly owns 6,408 shares in the company, valued at $862,260.48. The trade was a 19.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Gary Stephen May sold 2,128 shares of the company'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 value of $279,278.72. Following the completion of the transaction, the director now owns 11,264 shares in the company, valued at $1,478,287.36. This represents a 15.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,889 shares of company stock worth $675,786. 0.69% of the stock is owned by corporate insiders.

Leidos Stock Performance

Shares of LDOS stock traded up $1.19 on Friday, hitting $155.90. The company had a trading volume of 1,306,414 shares, compared to its average volume of 1,206,757. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $202.90. The firm has a market cap of $19.99 billion, a P/E ratio of 16.87, a price-to-earnings-growth ratio of 1.65 and a beta of 0.65. The company has a 50-day moving average price of $139.69 and a 200-day moving average price of $149.53. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91.

Leidos (NYSE:LDOS - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.47 by $0.50. The company had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.11 billion. Leidos had a return on equity of 30.93% and a net margin of 7.53%. Leidos's revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.29 earnings per share. As a group, equities research analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.03%. The ex-dividend date is Monday, June 16th. Leidos's payout ratio is 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.