Fullcircle Wealth LLC Purchases Shares of 1,761 Leidos Holdings, Inc. (NYSE:LDOS)

Fullcircle Wealth LLC acquired a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,761 shares of the aerospace company's stock, valued at approximately $257,000.

Other institutional investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC boosted its stake in shares of Leidos by 20.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 454 shares of the aerospace company's stock worth $65,000 after acquiring an additional 77 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in Leidos by 25.3% during the fourth quarter. Jones Financial Companies Lllp now owns 2,420 shares of the aerospace company's stock valued at $349,000 after acquiring an additional 488 shares during the period. Assetmark Inc. boosted its holdings in Leidos by 24.0% during the fourth quarter. Assetmark Inc. now owns 15,758 shares of the aerospace company's stock valued at $2,270,000 after acquiring an additional 3,051 shares during the period. Atria Investments Inc grew its position in shares of Leidos by 17.3% in the fourth quarter. Atria Investments Inc now owns 10,369 shares of the aerospace company's stock valued at $1,494,000 after purchasing an additional 1,532 shares during the last quarter. Finally, Proficio Capital Partners LLC bought a new position in shares of Leidos in the fourth quarter worth about $9,677,000. Institutional investors and hedge funds own 76.12% of the company's stock.

Insider Activity 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 value of $193,187.50. Following the completion of the transaction, the director directly owned 20,195 shares of the company's stock, valued at approximately $3,121,137.25. This represents a 5.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.69% of the stock is currently owned by corporate insiders.

Leidos Price Performance

NYSE LDOS traded down $0.68 during trading on Wednesday, reaching $161.41. 91,048 shares of the company traded hands, compared to its average volume of 1,275,365. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.42 and a current ratio of 1.54. The stock's 50 day moving average price is $152.79 and its two-hundred day moving average price is $144.64. The company has a market cap of $20.78 billion, a price-to-earnings ratio of 16.25, a P/E/G ratio of 1.99 and a beta of 0.64. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $202.90.

Leidos (NYSE:LDOS - Get Free Report) last posted 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 firm had revenue of $4.25 billion during the quarter, compared to analysts' expectations of $4.11 billion. During the same quarter in the previous year, the company posted $2.29 EPS. Leidos's revenue was up 6.8% on a year-over-year basis. As a group, analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date of this dividend was Monday, June 16th. Leidos's dividend payout ratio is currently 16.10%.

Analysts Set New Price Targets

LDOS has been the topic of a number of recent analyst reports. Wells Fargo & Company lifted their price objective on Leidos from $173.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. UBS Group lifted their price objective on Leidos from $149.00 to $168.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 7th. Royal Bank Of Canada lifted their price objective on Leidos from $150.00 to $160.00 and gave the stock a "sector perform" 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 research note on Tuesday, May 27th. Finally, Stifel Nicolaus set a $178.00 price objective on Leidos and gave the stock a "buy" rating in a research note on Tuesday, June 24th. Seven analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $177.46.

About Leidos

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.