Leidos Holdings, Inc. (NYSE:LDOS) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 8.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,706,757 shares of the aerospace company's stock after acquiring an additional 131,832 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.28% of Leidos worth $245,867,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Leidos by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 15,450,395 shares of the aerospace company's stock worth $2,225,784,000 after acquiring an additional 84,003 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Leidos by 13.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,504,392 shares of the aerospace company's stock worth $571,216,000 after acquiring an additional 405,256 shares during the last quarter. Geode Capital Management LLC raised its stake in Leidos by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 3,393,313 shares of the aerospace company's stock worth $487,649,000 after acquiring an additional 27,410 shares during the last quarter. Invesco Ltd. raised its stake in Leidos by 35.0% in the 4th quarter. Invesco Ltd. now owns 2,630,448 shares of the aerospace company's stock worth $378,942,000 after acquiring an additional 682,532 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in Leidos by 8.9% in the 4th quarter. First Trust Advisors LP now owns 1,901,433 shares of the aerospace company's stock worth $273,920,000 after acquiring an additional 155,481 shares during the last quarter. Institutional investors and hedge funds own 76.12% of the company's stock.

Leidos Price Performance

LDOS stock traded up $0.38 during trading on Friday, hitting $145.94. The stock had a trading volume of 1,212,777 shares, compared to its average volume of 1,215,082. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.21 and a quick ratio of 1.13. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $202.90. The stock has a market capitalization of $18.71 billion, a P/E ratio of 15.79, a PEG ratio of 1.65 and a beta of 0.66. The company's 50-day moving average price is $136.04 and its two-hundred day moving average price is $150.43.

Leidos (NYSE:LDOS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share (EPS) 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%. As a group, research analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date was Friday, March 14th. Leidos's dividend payout ratio (DPR) is presently 17.32%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. StockNews.com upgraded Leidos from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, April 22nd. William Blair lowered Leidos from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Cantor Fitzgerald upgraded Leidos to a "strong-buy" rating in a research note on Tuesday, February 25th. Truist Financial reduced their price objective on Leidos from $165.00 to $155.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Finally, TD Cowen lowered Leidos from a "buy" rating to a "hold" rating and reduced their price objective for the company from $200.00 to $165.00 in a research note on Wednesday, January 8th. Five equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $179.23.

Insiders Place Their Bets

In other Leidos news, Director Gary Stephen May sold 2,128 shares of the firm'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 completion of the sale, the director now directly owns 11,264 shares of the company's stock, valued at $1,478,287.36. This trade represents a 15.89 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the firm's stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $134.56, for a total value of $203,320.16. Following the sale, the director now directly owns 6,408 shares of the company's stock, valued at $862,260.48. The trade was a 19.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.96% of the company's stock.

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.