Integrated Advisors Network LLC Takes Position in Leidos Holdings, Inc. (NYSE:LDOS)

Integrated Advisors Network LLC bought a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,642 shares of the aerospace company's stock, valued at approximately $525,000.

Other large investors also recently added to or reduced their stakes in the company. Marshall & Sterling Wealth Advisors Inc. bought a new stake in Leidos during the fourth quarter valued at approximately $25,000. Duncker Streett & Co. Inc. purchased a new position in Leidos during the fourth quarter valued at approximately $27,000. Mather Group LLC. lifted its holdings in Leidos by 143.1% during the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock valued at $38,000 after purchasing an additional 156 shares in the last quarter. Human Investing LLC purchased a new position in Leidos during the fourth quarter valued at approximately $52,000. Finally, Vision Financial Markets LLC purchased a new position in Leidos during the fourth quarter valued at approximately $57,000. 76.12% of the stock is currently owned by institutional investors.

Insider Activity at Leidos

In related news, Director Gregory R. Dahlberg sold 1,250 shares of Leidos stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $154.55, for a total transaction of $193,187.50. Following the completion of the sale, the director now owns 20,195 shares in the company, valued at $3,121,137.25. This trade represents a 5.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.96% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on LDOS shares. William Blair downgraded shares of Leidos from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Baird R W downgraded shares of Leidos from a "strong-buy" rating to a "hold" rating in a report on Tuesday. Wall Street Zen downgraded shares of Leidos from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. Wells Fargo & Company lifted their price target on shares of Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Finally, UBS Group lifted their price target on shares of Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. Seven analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $176.46.

Leidos Price Performance

LDOS traded up $0.92 during trading on Friday, hitting $148.42. 2,289,108 shares of the company traded hands, compared to its average volume of 1,243,494. 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 $19.10 billion, a PE ratio of 16.06, a P/E/G ratio of 1.65 and a beta of 0.65. The stock's 50-day simple moving average is $145.89 and its two-hundred day simple moving average is $146.29. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91.

Leidos (NYSE:LDOS - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $2.97 EPS for the quarter, topping analysts' consensus estimates of $2.47 by $0.50. The business had revenue of $4.25 billion during the quarter, compared to analysts' expectations of $4.11 billion. Leidos had a net margin of 7.53% and a return on equity of 30.93%. The business's revenue was up 6.8% on a year-over-year basis. During the same period last year, the company posted $2.29 EPS. As a group, sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors 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 dividend on an annualized basis and a yield of 1.08%. Leidos's payout ratio is 16.10%.

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.