California First Leasing Corp Has $2.25 Million Stock Position in Leidos Holdings, Inc. (NYSE:LDOS)

California First Leasing Corp lifted its position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 63.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,681 shares of the aerospace company's stock after buying an additional 6,500 shares during the quarter. California First Leasing Corp's holdings in Leidos were worth $2,251,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Sowell Financial Services LLC bought a new position in Leidos during the first quarter worth $267,000. HM Payson & Co. grew its position in Leidos by 959.8% during the fourth quarter. HM Payson & Co. now owns 2,374 shares of the aerospace company's stock worth $342,000 after buying an additional 2,150 shares in the last quarter. Invesco Ltd. raised its holdings in Leidos by 35.0% in the 4th quarter. Invesco Ltd. now owns 2,630,448 shares of the aerospace company's stock valued at $378,942,000 after acquiring an additional 682,532 shares in the last quarter. MidWestOne Financial Group Inc. lifted its position in shares of Leidos by 47.8% in the 4th quarter. MidWestOne Financial Group Inc. now owns 19,841 shares of the aerospace company's stock worth $2,858,000 after acquiring an additional 6,418 shares during the period. Finally, LBP AM SA lifted its position in shares of Leidos by 54.8% in the 4th quarter. LBP AM SA now owns 21,665 shares of the aerospace company's stock worth $3,121,000 after acquiring an additional 7,665 shares during the period. Institutional investors and hedge funds own 76.12% of the company's stock.

Insider Buying and Selling

In other Leidos news, Director Gregory R. Dahlberg sold 1,250 shares of the firm's stock in a transaction that occurred on 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 sale, the director directly owned 20,195 shares in the company, valued at $3,121,137.25. This trade represents a 5.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.69% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on LDOS shares. Baird R W lowered shares of Leidos from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 27th. Wells Fargo & Company upped their price target on Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. Wall Street Zen raised Leidos from a "buy" rating to a "strong-buy" rating in a report on Saturday. Robert W. Baird lowered shares of Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 target price on the stock. in a report on Tuesday, May 27th. Finally, Royal Bank Of Canada lifted their price target on shares of Leidos from $150.00 to $160.00 and gave the company a "sector perform" rating in a report on Wednesday, May 7th. Seven research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $177.46.

Leidos Stock Performance

Shares of LDOS stock traded down $0.12 on Monday, reaching $164.44. The stock had a trading volume of 1,280,793 shares, compared to its average volume of 1,277,510. Leidos Holdings, Inc. has a 12 month low of $123.62 and a 12 month high of $202.90. The firm has a market capitalization of $21.17 billion, a price-to-earnings ratio of 16.54, a P/E/G ratio of 1.99 and a beta of 0.64. The firm's 50-day moving average is $152.12 and its two-hundred day moving average is $144.38. The company has a quick ratio of 1.42, a current ratio of 1.54 and a debt-to-equity ratio of 1.17.

Leidos (NYSE:LDOS - Get Free Report) last posted its earnings results on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share for the quarter, topping analysts' consensus estimates of $2.47 by $0.50. Leidos had a return on equity of 32.62% and a net margin of 7.87%. The business had revenue of $4.25 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same period in the previous year, the firm earned $2.29 EPS. The firm's revenue was up 6.8% compared to the same quarter last year. On average, research analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.97%. The ex-dividend date was Monday, June 16th. Leidos's payout ratio 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.