Chapman Financial Group LLC Makes New $1.85 Million Investment in Leidos Holdings, Inc. (NYSE:LDOS)

Chapman Financial Group LLC purchased a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 12,868 shares of the aerospace company's stock, valued at approximately $1,854,000. Leidos accounts for about 1.5% of Chapman Financial Group LLC's portfolio, making the stock its 15th largest position.

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

Leidos Stock Up 1.4 %

Shares of Leidos stock opened at $148.71 on Monday. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $202.90. The stock has a market cap of $19.07 billion, a price-to-earnings ratio of 16.09, a price-to-earnings-growth ratio of 1.65 and a beta of 0.66. 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 fifty day moving average price of $137.81 and a 200 day moving average price of $149.71.

Leidos (NYSE:LDOS - Get Free Report) last issued its earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share for the quarter, topping 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%. Equities research analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.08%. Leidos's dividend payout ratio (DPR) is presently 17.32%.

Insider Activity at Leidos

In related news, Director Gary Stephen May sold 2,128 shares of Leidos stock in a transaction 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 sale, the director now owns 11,264 shares in the company, valued at approximately $1,478,287.36. The trade was a 15.89 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the company's stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $134.56, for a total transaction of $203,320.16. Following the completion of the sale, the director now directly owns 6,408 shares in the company, valued at $862,260.48. This represents a 19.08 % 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.

Analyst Ratings Changes

A number of analysts recently commented on the company. Cantor Fitzgerald upgraded Leidos to a "strong-buy" rating in a research report on Tuesday, February 25th. Wells Fargo & Company cut their price objective on shares of Leidos from $191.00 to $173.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Truist Financial lowered their target price on shares of Leidos from $165.00 to $155.00 and set a "buy" rating for the company in a research note on Monday, April 14th. 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 note on Wednesday, February 12th. Finally, William Blair lowered Leidos from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $179.23.

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.

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