Diversified Trust Co Trims Stock Position in Leidos Holdings, Inc. $LDOS

Key Points

• Diversified Trust Co has reduced its stake in Leidos Holdings, Inc. by 59.4% during the 2nd quarter, owning 1,877 shares worth approximately $296,000 after selling 2,745 shares.
• Analysts have mixed views on Leidos, with several upgrades including a target price increase from $185.00 to $210.00, while the consensus rating is "Moderate Buy" with a price target of $185.21.
• Leidos announced a quarterly dividend of $0.40 per share, with a payout date of September 30th, resulting in an annualized payout of $1.60 and a dividend yield of 0.9%.

Diversified Trust Co reduced its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 59.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,877 shares of the aerospace company's stock after selling 2,745 shares during the quarter. Diversified Trust Co's holdings in Leidos were worth $296,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Two Sigma Advisers LP increased its stake in Leidos by 796.2% during the 4th quarter. Two Sigma Advisers LP now owns 11,650 shares of the aerospace company's stock worth $1,678,000 after buying an additional 10,350 shares in the last quarter. Vise Technologies Inc. grew its holdings in shares of Leidos by 8.6% in the fourth quarter. Vise Technologies Inc. now owns 2,208 shares of the aerospace company's stock valued at $318,000 after purchasing an additional 174 shares during the period. Ascent Group LLC grew its position in Leidos by 41.3% in the fourth quarter. Ascent Group LLC now owns 2,222 shares of the aerospace company's stock worth $320,000 after acquiring an additional 649 shares during the period. Integrated Advisors Network LLC purchased a new position in shares of Leidos during the 4th quarter worth $525,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Leidos during the fourth quarter worth about $11,135,000. Hedge funds and other institutional investors own 76.12% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on LDOS. Royal Bank Of Canada upgraded Leidos from a "hold" rating to a "moderate buy" rating in a research report on Thursday, September 4th. Stifel Nicolaus set a $178.00 target price on Leidos and gave the company a "buy" rating in a report on Tuesday, June 24th. Wall Street Zen cut Leidos from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. Argus raised their price target on shares of Leidos from $185.00 to $210.00 and gave the company a "buy" rating in a research report on Wednesday. Finally, Citigroup reissued a "buy" rating and issued a $190.00 price target (up previously from $186.00) on shares of Leidos in a research report on Monday, July 14th. 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's stock. According to MarketBeat.com, Leidos has a consensus rating of "Moderate Buy" and a consensus price target of $185.21.

Insiders Place Their Bets

In other Leidos news, Director Gregory R. Dahlberg sold 952 shares of the stock in a transaction on Monday, August 11th. The stock was sold at an average price of $177.43, for a total value of $168,913.36. Following the completion of the transaction, the director owned 21,068 shares in the company, valued at approximately $3,738,095.24. This represents a 4.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Gary Stephen May sold 2,000 shares of the stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $178.05, for a total transaction of $356,100.00. Following the completion of the transaction, the director owned 10,137 shares of the company's stock, valued at $1,804,892.85. This represents a 16.48% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 22,975 shares of company stock worth $4,078,740. 0.96% of the stock is owned by corporate insiders.

Leidos Price Performance

LDOS stock opened at $187.37 on Thursday. The business has a 50 day moving average price of $175.83 and a 200 day moving average price of $157.21. The stock has a market cap of $24.04 billion, a price-to-earnings ratio of 17.71, a PEG ratio of 1.75 and a beta of 0.71. Leidos Holdings, Inc. has a fifty-two week low of $123.62 and a fifty-two week high of $202.90. The company has a quick ratio of 1.50, a current ratio of 1.62 and a debt-to-equity ratio of 1.06.

Leidos (NYSE:LDOS - Get Free Report) last posted its earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share 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 business had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.24 billion. During the same period in the previous year, the business earned $2.63 EPS. The business's quarterly revenue was up 2.9% on a year-over-year basis. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. Equities research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, September 15th. Leidos's dividend payout ratio is 15.12%.

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.

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