D. E. Shaw & Co. Inc. Has $238,000 Stock Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

D. E. Shaw & Co. Inc. decreased its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 89.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,652 shares of the aerospace company's stock after selling 14,132 shares during the quarter. D. E. Shaw & Co. Inc.'s holdings in Leidos were worth $238,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. EP Wealth Advisors LLC increased its position in Leidos by 31.4% during the fourth quarter. EP Wealth Advisors LLC now owns 13,974 shares of the aerospace company's stock worth $2,013,000 after buying an additional 3,336 shares during the last quarter. Concentric Capital Strategies LP acquired a new position in shares of Leidos during the 4th quarter valued at about $4,074,000. Cornerstone Select Advisors LLC bought a new position in shares of Leidos in the 4th quarter valued at approximately $734,000. Cetera Investment Advisers lifted its holdings in Leidos by 7.4% in the 4th quarter. Cetera Investment Advisers now owns 63,635 shares of the aerospace company's stock worth $9,167,000 after purchasing an additional 4,379 shares during the last quarter. Finally, Centiva Capital LP bought a new stake in Leidos during the fourth quarter worth approximately $2,667,000. Institutional investors and hedge funds own 76.12% of the company's stock.

Insider Buying and Selling at Leidos

In other 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 transaction, the director now owns 20,195 shares in the company, valued at $3,121,137.25. The trade was a 5.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.96% of the company's stock.

Leidos Trading Up 0.6%

Shares of Leidos stock traded up $0.92 during trading on Friday, reaching $148.42. 2,289,108 shares of the company were exchanged, compared to its average volume of 1,241,453. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $202.90. The business has a 50-day moving average price of $145.65 and a 200-day moving average price of $146.66. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $19.10 billion, a price-to-earnings ratio of 16.06, a P/E/G ratio of 1.65 and a beta of 0.65.

Leidos (NYSE:LDOS - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.50. Leidos had a net margin of 7.53% and a return on equity of 30.93%. The business had revenue of $4.25 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same quarter last year, the firm earned $2.29 EPS. Leidos's quarterly revenue was up 6.8% compared to the same quarter last year. 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 announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, June 16th. This represents a $1.60 annualized dividend and a yield of 1.08%. Leidos's dividend payout ratio is presently 16.10%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on LDOS shares. William Blair downgraded Leidos from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Robert W. Baird cut shares of Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 price objective for the company. in a research note on Tuesday. UBS Group lifted their target price on shares of Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Royal Bank of Canada increased their price target on shares of Leidos from $150.00 to $160.00 and gave the stock a "sector perform" rating in a research report on Wednesday, May 7th. Finally, Wall Street Zen cut shares of Leidos from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Seven research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Leidos has an average rating of "Moderate Buy" and a consensus target price of $176.46.

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.