California First Leasing Corp Grows Position in Leidos Holdings, Inc. (NYSE:LDOS)

California First Leasing Corp raised its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 63.8% during the first quarter, according to its most recent filing with the SEC. The firm owned 16,681 shares of the aerospace company's stock after purchasing an additional 6,500 shares during the period. California First Leasing Corp's holdings in Leidos were worth $2,251,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of LDOS. Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of Leidos in the 4th quarter worth $25,000. REAP Financial Group LLC raised its holdings in Leidos by 422.2% in the fourth quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company's stock worth $27,000 after purchasing an additional 152 shares in the last quarter. Sentry Investment Management LLC bought a new position in Leidos in the first quarter worth about $55,000. Wayfinding Financial LLC purchased a new stake in shares of Leidos during the first quarter valued at about $63,000. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Leidos by 20.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 454 shares of the aerospace company's stock valued at $65,000 after buying an additional 77 shares in the last quarter. Institutional investors own 76.12% of the company's stock.

Analyst Ratings Changes

Several research firms recently commented on LDOS. Royal Bank Of Canada boosted their price objective on shares of Leidos from $150.00 to $160.00 and gave the stock a "sector perform" rating in a research note on Wednesday, May 7th. Wells Fargo & Company lifted their price target on shares of Leidos from $173.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Wall Street Zen upgraded Leidos from a "buy" rating to a "strong-buy" rating in a report on Saturday. Baird R W cut Leidos from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 27th. Finally, Truist Financial dropped their target price on Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Seven investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Leidos presently has an average rating of "Moderate Buy" and a consensus price target of $177.46.

Insider Buying and Selling

In other Leidos news, Director Gregory R. Dahlberg sold 1,250 shares of Leidos stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $154.55, for a total transaction of $193,187.50. Following the completion of the transaction, the director owned 20,195 shares in the company, valued at approximately $3,121,137.25. This trade represents a 5.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.69% of the company's stock.

Leidos Stock Up 1.3%

Leidos stock opened at $164.66 on Monday. The business's 50-day simple moving average is $152.12 and its two-hundred day simple moving average is $144.38. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.42 and a current ratio of 1.54. The company has a market cap of $21.20 billion, a PE ratio of 16.57, a PEG ratio of 1.99 and a beta of 0.64. 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 earnings results on Tuesday, May 6th. The aerospace company reported $2.97 EPS for the quarter, beating 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 firm had revenue of $4.25 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same quarter in the prior year, the firm earned $2.29 earnings per share. Leidos's revenue for the quarter was up 6.8% on a year-over-year basis. Equities analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were given a dividend of $0.40 per share. The ex-dividend date was Monday, June 16th. This represents a $1.60 dividend on an annualized basis and a yield of 0.97%. Leidos's dividend payout ratio is presently 16.10%.

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.

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