Cwm LLC Acquires 5,517 Shares of Leidos Holdings, Inc. $LDOS

Cwm LLC increased its holdings in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 86.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,928 shares of the aerospace company's stock after buying an additional 5,517 shares during the period. Cwm LLC's holdings in Leidos were worth $1,882,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. MCF Advisors LLC bought a new position in Leidos in the first quarter worth approximately $27,000. First Pacific Financial acquired a new position in shares of Leidos during the second quarter worth $27,000. Raleigh Capital Management Inc. acquired a new position in shares of Leidos during the second quarter worth $29,000. Optimum Investment Advisors increased its position in shares of Leidos by 260.0% during the first quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company's stock worth $32,000 after purchasing an additional 169 shares in the last quarter. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Leidos during the first quarter worth $33,000. Institutional investors own 76.12% of the company's stock.

Insider Buying and Selling at Leidos

In other Leidos news, Director Gary Stephen May sold 2,000 shares of the company's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $178.05, for a total value of $356,100.00. Following the sale, the director directly owned 10,137 shares of the company's stock, valued at approximately $1,804,892.85. This represents a 16.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Stephen Edward Hull sold 12,497 shares of the company's stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the completion of the sale, the insider directly owned 25,817 shares in the company, valued at approximately $4,599,040.38. The trade was a 32.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 22,975 shares of company stock valued at $4,078,740. 0.69% of the stock is owned by insiders.

Leidos Price Performance

NYSE LDOS opened at $184.35 on Monday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.62 and a quick ratio of 1.50. The stock's fifty day moving average price is $184.35 and its 200 day moving average price is $163.88. Leidos Holdings, Inc. has a 1 year low of $123.62 and a 1 year high of $202.90. The company has a market cap of $23.65 billion, a price-to-earnings ratio of 17.42, a PEG ratio of 1.73 and a beta of 0.71.

Leidos (NYSE:LDOS - Get Free Report) last released its earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.58. Leidos had a return on equity of 33.57% and a net margin of 8.22%.The firm had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.24 billion. During the same period in the prior year, the firm earned $2.63 EPS. The firm's revenue was up 2.9% on a year-over-year basis. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. As a group, equities research analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Monday, September 15th. Leidos's dividend payout ratio is presently 15.12%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on LDOS. Jefferies Financial Group raised Leidos from a "hold" rating to a "buy" rating and upped their price target for the stock from $185.00 to $205.00 in a research report on Wednesday, August 6th. Wall Street Zen downgraded Leidos from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 9th. Citigroup reaffirmed a "buy" rating and set a $190.00 price target (up from $186.00) on shares of Leidos in a research report on Monday, July 14th. Royal Bank Of Canada raised Leidos from a "hold" rating to a "moderate buy" rating in a research report on Thursday, September 4th. Finally, Truist Financial set a $195.00 target price on Leidos in a research report on Tuesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $188.31.

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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