DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Has $250,000 Stake in Leidos Holdings, Inc. (NYSE:LDOS)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main reduced its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 60.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,732 shares of the aerospace company's stock after selling 2,600 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in Leidos were worth $250,000 at the end of the most recent quarter.

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

Insider Transactions at Leidos

In related news, Director Gary Stephen May sold 2,128 shares of the stock in a transaction dated 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 approximately $1,478,287.36. This represents a 15.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gregory R. Dahlberg sold 1,250 shares of the firm's stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $154.55, for a total value of $193,187.50. Following the sale, the director now owns 20,195 shares of the company's stock, valued at $3,121,137.25. The trade was a 5.83% 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.

Analysts Set New Price Targets

A number of research firms have issued reports on LDOS. Royal Bank of Canada raised their target price on Leidos from $150.00 to $160.00 and gave the company a "sector perform" rating in a research note on Wednesday, May 7th. UBS Group lifted their price objective on shares of Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Truist Financial reduced 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. Cantor Fitzgerald upgraded shares of Leidos to a "strong-buy" rating in a research note on Tuesday, February 25th. Finally, Wells Fargo & Company lifted their price target on Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Five investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $180.69.

Leidos Price Performance

NYSE:LDOS traded up $2.32 during midday trading on Friday, hitting $159.08. 1,006,999 shares of the stock were exchanged, compared to its average volume of 1,212,312. The company has a market capitalization of $20.48 billion, a price-to-earnings ratio of 17.22, a P/E/G ratio of 1.65 and a beta of 0.65. 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 Holdings, Inc. has a one year low of $123.62 and a one year high of $202.90. The business has a 50-day moving average price of $141.73 and a two-hundred day moving average price of $149.07.

Leidos (NYSE:LDOS - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $2.97 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%. The company's quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.29 EPS. Sell-side analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be given a dividend of $0.40 per share. The ex-dividend date is Monday, June 16th. This represents a $1.60 annualized dividend and a dividend yield of 1.01%. Leidos's dividend payout ratio (DPR) is 16.10%.

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.