Landscape Capital Management L.L.C. Acquires New Position in Leidos Holdings, Inc. $LDOS

Key Points

• Landscape Capital Management L.L.C. invested approximately $1.17 million in Leidos Holdings, acquiring 8,688 shares during the first quarter.
• Leidos reported a Q2 EPS of $3.21, exceeding expectations of $2.63, with revenue of $4.25 billion, a 2.9% increase year-over-year.
• The company declared a quarterly dividend of $0.40, which will be paid on September 30th, representing an annualized yield of 0.9%.

Landscape Capital Management L.L.C. purchased a new stake in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 8,688 shares of the aerospace company's stock, valued at approximately $1,172,000.

Other hedge funds also recently made changes to their positions in the company. REAP Financial Group LLC boosted its position in shares of Leidos by 422.2% in the 4th 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. MCF Advisors LLC acquired a new stake in shares of Leidos in the first quarter valued at approximately $27,000. Optimum Investment Advisors grew its position in shares of Leidos by 260.0% during the first quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company's stock worth $32,000 after acquiring an additional 169 shares during the last quarter. Zions Bancorporation National Association UT acquired a new position in shares of Leidos in the 1st quarter valued at $33,000. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of Leidos in the 1st quarter valued at $54,000. Hedge funds and other institutional investors own 76.12% of the company's stock.

Analyst Ratings Changes

LDOS has been the topic of a number of recent research reports. Baird R W lowered shares of Leidos from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 27th. UBS Group increased their price objective on Leidos from $168.00 to $184.00 and gave the stock a "neutral" rating in a research report on Thursday, August 7th. Royal Bank Of Canada upped their price target on Leidos from $150.00 to $160.00 and gave the stock a "sector perform" rating in a research note on Wednesday, May 7th. Robert W. Baird lowered shares of Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 price objective on the stock. in a research report on Tuesday, May 27th. Finally, Wells Fargo & Company upped their price objective on shares of Leidos from $173.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $179.46.

Insider Buying and Selling at Leidos

In other Leidos news, Director Gary Stephen May sold 2,000 shares of the company's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $178.05, for a total value of $356,100.00. Following the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gregory R. Dahlberg sold 952 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $177.43, for a total transaction of $168,913.36. Following the transaction, the director directly owned 21,068 shares of the company's stock, valued at approximately $3,738,095.24. This trade represents a 4.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 10,478 shares of company stock worth $1,852,525. 0.69% of the stock is owned by corporate insiders.

Leidos Price Performance

LDOS traded down $0.48 on Monday, hitting $180.88. 671,024 shares of the company were exchanged, compared to its average volume of 889,780. 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 debt-to-equity ratio of 1.06, a quick ratio of 1.50 and a current ratio of 1.62. The firm has a market capitalization of $23.21 billion, a P/E ratio of 17.10, a price-to-earnings-growth ratio of 2.07 and a beta of 0.71. The business's fifty day moving average is $168.22 and its 200 day moving average is $151.43.

Leidos (NYSE:LDOS - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share for the quarter, topping analysts' consensus estimates of $2.63 by $0.58. The business had revenue of $4.25 billion for the quarter, compared to analysts' expectations of $4.24 billion. Leidos had a return on equity of 33.57% and a net margin of 8.22%.The company's revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.63 EPS. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. As a group, sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

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

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.