Fiduciary Trust Co Grows Stock Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Fiduciary Trust Co increased its position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 11.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,706 shares of the aerospace company's stock after buying an additional 2,765 shares during the period. Fiduciary Trust Co's holdings in Leidos were worth $3,847,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in LDOS. Marshall & Sterling Wealth Advisors Inc. purchased a new position in shares of Leidos during the 4th quarter valued at about $25,000. Duncker Streett & Co. Inc. acquired a new stake in Leidos in the 4th quarter valued at $27,000. Berbice Capital Management LLC purchased a new stake in Leidos during the 4th quarter worth approximately $29,000. Mather Group LLC. raised its position in shares of Leidos by 143.1% in the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock valued at $38,000 after buying an additional 156 shares during the last quarter. Finally, Human Investing LLC purchased a new stake in Leidos in the 4th quarter valued at $52,000. 76.12% of the stock is owned by institutional investors.

Leidos Price Performance

Shares of LDOS stock traded down $0.67 during trading hours on Tuesday, reaching $155.42. The company's stock had a trading volume of 958,553 shares, compared to its average volume of 1,210,248. The firm's 50 day simple moving average is $140.61 and its 200-day simple moving average is $149.09. The company has a market capitalization of $20.01 billion, a price-to-earnings ratio of 16.82, a PEG ratio of 1.65 and a beta of 0.65. 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 Holdings, Inc. has a fifty-two week low of $123.62 and a fifty-two week high of $202.90.

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 firm had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.11 billion. Leidos had a net margin of 7.53% and a return on equity of 30.93%. The company's revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.29 EPS. Sell-side analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Announces Dividend

The business also recently declared 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. This represents a $1.60 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Monday, June 16th. Leidos's dividend payout ratio is presently 16.10%.

Wall Street Analyst Weigh In

Several research firms have recently commented on LDOS. UBS Group raised their price objective on shares of Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Royal Bank of Canada lifted 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. StockNews.com lowered Leidos from a "strong-buy" rating to a "buy" rating in a report on Wednesday, April 30th. Truist Financial decreased their price target on Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Cantor Fitzgerald upgraded shares of Leidos to a "strong-buy" rating in a research report on Tuesday, February 25th. Five equities research 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's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $180.69.

Insider Buying and Selling at Leidos

In other news, Director Gregory R. Dahlberg sold 1,250 shares of the stock in a transaction on Friday, May 9th. The shares were sold at an average price of $154.55, for a total value of $193,187.50. Following the completion of the sale, the director now directly owns 20,195 shares of the company's stock, valued at $3,121,137.25. This represents a 5.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the firm'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 transaction, the director now directly owns 6,408 shares of the company's stock, valued at approximately $862,260.48. This trade represents a 19.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,889 shares of company stock valued at $675,786 in the last 90 days. Corporate insiders own 0.96% of the company's stock.

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.