111 Capital Buys New Position in Leidos Holdings, Inc. (NYSE:LDOS)

111 Capital bought a new position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 6,723 shares of the aerospace company's stock, valued at approximately $969,000.

Other large investors also recently added to or reduced their stakes in the company. Marshall & Sterling Wealth Advisors Inc. bought a new stake in Leidos in the 4th quarter worth $25,000. Duncker Streett & Co. Inc. bought a new stake in Leidos in the 4th quarter worth $27,000. REAP Financial Group LLC grew its holdings in Leidos by 422.2% in the 4th quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company's stock worth $27,000 after acquiring an additional 152 shares during the last quarter. Mather Group LLC. grew its holdings in Leidos by 143.1% in the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock worth $38,000 after acquiring an additional 156 shares during the last quarter. Finally, Human Investing LLC bought a new stake in Leidos in the 4th quarter worth $52,000. Hedge funds and other institutional investors own 76.12% of the company's stock.

Leidos Stock Up 0.6%

NYSE LDOS traded up $0.92 during trading hours on Friday, reaching $148.42. 2,289,108 shares of the company's stock traded hands, compared to its average volume of 1,243,493. Leidos Holdings, Inc. has a 52-week low of $123.62 and a 52-week high of $202.90. The firm has a market cap of $19.10 billion, a PE ratio of 16.06, a PEG ratio of 1.65 and a beta of 0.65. The firm has a 50-day simple moving average of $145.65 and a 200 day simple moving average of $146.66. 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 (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, beating analysts' consensus estimates of $2.47 by $0.50. Leidos had a net margin of 7.53% and a return on equity of 30.93%. The company had revenue of $4.25 billion during the quarter, compared to analysts' expectations of $4.11 billion. During the same period last year, the company posted $2.29 EPS. Leidos's revenue was up 6.8% on a year-over-year basis. Sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors 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 dividend on an annualized basis and a yield of 1.08%. Leidos's dividend payout ratio (DPR) is currently 16.10%.

Analyst Upgrades and Downgrades

LDOS has been the topic of a number of recent analyst reports. Robert W. Baird lowered shares of Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 price target on the stock. in a report on Tuesday. Wall Street Zen lowered shares of Leidos from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. Baird R W lowered shares of Leidos from a "strong-buy" rating to a "hold" rating in a research note on Tuesday. Royal Bank of Canada lifted their target price on shares of Leidos from $150.00 to $160.00 and gave the company a "sector perform" rating in a research note on Wednesday, May 7th. Finally, Wells Fargo & Company lifted their target price on shares of Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Seven equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $176.46.

Insider Activity at Leidos

In related news, Director Gregory R. Dahlberg sold 1,250 shares of Leidos stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $154.55, for a total transaction of $193,187.50. Following the completion of the transaction, the director now directly owns 20,195 shares of the company's stock, valued at $3,121,137.25. This trade represents a 5.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.96% of the stock is currently owned by corporate insiders.

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.