iSAM Funds UK Ltd Invests $276,000 in Leidos Holdings, Inc. (NYSE:LDOS)

iSAM Funds UK Ltd acquired a new position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,917 shares of the aerospace company's stock, valued at approximately $276,000.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Leidos by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 15,450,395 shares of the aerospace company's stock worth $2,225,784,000 after purchasing an additional 84,003 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Leidos by 13.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,504,392 shares of the aerospace company's stock worth $571,216,000 after purchasing an additional 405,256 shares during the period. Geode Capital Management LLC raised its holdings in shares of Leidos by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 3,393,313 shares of the aerospace company's stock worth $487,649,000 after purchasing an additional 27,410 shares during the period. Invesco Ltd. raised its holdings in shares of Leidos by 35.0% in the 4th quarter. Invesco Ltd. now owns 2,630,448 shares of the aerospace company's stock worth $378,942,000 after purchasing an additional 682,532 shares during the period. Finally, First Trust Advisors LP raised its holdings in shares of Leidos by 8.9% in the 4th quarter. First Trust Advisors LP now owns 1,901,433 shares of the aerospace company's stock worth $273,920,000 after purchasing an additional 155,481 shares during the period. 76.12% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Leidos

In related news, Director Gregory R. Dahlberg sold 1,250 shares of the business's stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $154.55, for a total transaction of $193,187.50. Following the completion of 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 through this hyperlink. Insiders own 0.96% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on LDOS shares. UBS Group raised their target price on Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. William Blair downgraded Leidos from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Cantor Fitzgerald upgraded Leidos to a "strong-buy" rating in a report on Tuesday, February 25th. Truist Financial dropped their target price on Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Royal Bank of Canada raised their target price on Leidos from $150.00 to $160.00 and gave the company a "sector perform" rating in a report on Wednesday, May 7th. Five investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $180.69.

Leidos Price Performance

Shares of LDOS opened at $160.27 on Wednesday. The firm has a market cap of $20.63 billion, a price-to-earnings ratio of 17.35, a PEG ratio of 1.65 and a beta of 0.65. The stock has a 50 day moving average of $143.29 and a 200-day moving average of $148.31. 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 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 earnings results on Tuesday, May 6th. The aerospace company reported $2.97 EPS for the quarter, topping the consensus estimate of $2.47 by $0.50. The company had revenue of $4.25 billion during the quarter, compared to analyst estimates of $4.11 billion. Leidos had a return on equity of 30.93% and a net margin of 7.53%. The business's revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.29 EPS. As a group, analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be given a $0.40 dividend. The ex-dividend date is Monday, June 16th. This represents a $1.60 annualized dividend and a dividend yield of 1.00%. 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.

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