11,219 Shares in Leidos Holdings, Inc. (NYSE:LDOS) Purchased by Creekmur Asset Management LLC

Creekmur Asset Management LLC purchased a new position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,219 shares of the aerospace company's stock, valued at approximately $1,514,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Independent Advisor Alliance purchased a new stake in shares of Leidos in the 4th quarter worth approximately $218,000. Sequoia Financial Advisors LLC raised its position in shares of Leidos by 20.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 1,839 shares of the aerospace company's stock worth $265,000 after purchasing an additional 307 shares during the last quarter. Cibc World Markets Corp boosted its stake in Leidos by 16.2% in the 4th quarter. Cibc World Markets Corp now owns 20,778 shares of the aerospace company's stock worth $2,993,000 after purchasing an additional 2,895 shares in the last quarter. Axxcess Wealth Management LLC grew its position in Leidos by 67.6% during the 4th quarter. Axxcess Wealth Management LLC now owns 3,855 shares of the aerospace company's stock valued at $555,000 after purchasing an additional 1,555 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its stake in Leidos by 14.0% during the 4th quarter. Advisors Asset Management Inc. now owns 23,941 shares of the aerospace company's stock valued at $3,449,000 after purchasing an additional 2,937 shares in the last quarter. Institutional investors own 76.12% of the company's stock.

Leidos Stock Performance

NYSE LDOS traded down $0.14 during trading hours on Friday, hitting $162.57. 466,361 shares of the company's stock traded hands, compared to its average volume of 1,273,736. The business's fifty day moving average price is $154.40 and its two-hundred day moving average price is $145.47. The firm has a market capitalization of $20.93 billion, a P/E ratio of 16.36, a P/E/G ratio of 1.95 and a beta of 0.64. Leidos Holdings, Inc. has a 52 week low of $123.62 and a 52 week high of $202.90. The company has a current ratio of 1.54, a quick ratio of 1.42 and a debt-to-equity ratio of 1.17.

Leidos (NYSE:LDOS - Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.11 billion. Leidos had a return on equity of 32.62% and a net margin of 7.87%. The firm's revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $2.29 EPS. Equities research analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders 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 dividend yield of 0.98%. Leidos's dividend payout ratio is currently 16.10%.

Insider Buying and Selling at Leidos

In related news, Director Gregory R. Dahlberg sold 1,250 shares of the company's stock in a transaction 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 sale, the director owned 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.96% of the company's stock.

Analyst Ratings Changes

LDOS has been the topic of a number of recent analyst reports. Stifel Nicolaus set a $178.00 price target on shares of Leidos and gave the company a "buy" rating in a report on Tuesday, June 24th. UBS Group increased their target price on Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Robert W. Baird cut Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 price target for the company. in a research note on Tuesday, May 27th. Royal Bank Of Canada upped their price target on Leidos from $150.00 to $160.00 and gave the company a "sector perform" rating in a report on Wednesday, May 7th. Finally, Wells Fargo & Company lifted their price objective on Leidos from $173.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Seven equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Leidos has a consensus rating of "Moderate Buy" and a consensus target price of $175.15.

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.