Dynamic Advisor Solutions LLC Lowers Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Dynamic Advisor Solutions LLC lowered its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 71.4% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 3,195 shares of the aerospace company's stock after selling 7,967 shares during the period. Dynamic Advisor Solutions LLC's holdings in Leidos were worth $431,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Marshall & Sterling Wealth Advisors Inc. acquired a new position in Leidos in the 4th quarter valued at about $25,000. Duncker Streett & Co. Inc. purchased a new position in shares of Leidos in the fourth quarter valued at approximately $27,000. REAP Financial Group LLC boosted its stake in shares of Leidos by 422.2% in the fourth quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company's stock valued at $27,000 after purchasing an additional 152 shares during the period. Sentry Investment Management LLC acquired a new position in shares of Leidos in the first quarter valued at approximately $55,000. Finally, Vision Financial Markets LLC acquired a new position in shares of Leidos in the fourth quarter valued at approximately $57,000. Institutional investors and hedge funds own 76.12% of the company's stock.

Insider Transactions at Leidos

In other news, Director Gregory R. Dahlberg sold 1,250 shares of the stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $154.55, for a total value of $193,187.50. Following the completion of the sale, the director now directly owns 20,195 shares of the company's stock, valued at approximately $3,121,137.25. This represents a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.96% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Cantor Fitzgerald upgraded shares of Leidos to a "strong-buy" rating in a report on Tuesday, February 25th. UBS Group increased their price objective on Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Baird R W lowered Leidos from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 27th. William Blair cut Leidos from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Finally, Truist Financial reduced their price target on Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Seven analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Leidos has an average rating of "Moderate Buy" and a consensus price target of $176.46.

Leidos Stock Down 0.7%

LDOS stock traded down $1.10 during trading on Thursday, hitting $148.29. 759,694 shares of the company's stock were exchanged, compared to its average volume of 1,259,447. The business has a 50-day moving average price of $148.57 and a two-hundred day moving average price of $144.56. The company has a current ratio of 1.54, a quick ratio of 1.42 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $19.09 billion, a price-to-earnings ratio of 14.92, a PEG ratio of 1.82 and a beta of 0.63. Leidos Holdings, Inc. has a 52-week low of $123.62 and a 52-week high of $202.90.

Leidos (NYSE:LDOS - Get Free Report) last issued 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 7.87% and a return on equity of 32.62%. The business had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.11 billion. During the same quarter in the previous year, the firm earned $2.29 EPS. The company's revenue was up 6.8% compared to the same quarter last year. As a group, equities research analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The company also recently disclosed 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. This represents a $1.60 annualized dividend and a dividend yield of 1.08%. The ex-dividend date is Monday, June 16th. Leidos's payout ratio is 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.