Lbp Am Sa Has $4.48 Million Stock Position in Leidos Holdings, Inc. (NYSE:LDOS)

LBP AM SA increased its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 53.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,207 shares of the aerospace company's stock after purchasing an additional 11,542 shares during the quarter. LBP AM SA's holdings in Leidos were worth $4,481,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in Leidos during the 4th quarter worth approximately $25,000. REAP Financial Group LLC lifted its position in Leidos by 422.2% during the 4th quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company's stock worth $27,000 after acquiring an additional 152 shares during the period. Optimum Investment Advisors lifted its holdings in shares of Leidos by 260.0% in the 1st quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company's stock valued at $32,000 after buying an additional 169 shares during the period. Sentry Investment Management LLC acquired a new stake in shares of Leidos in the 1st quarter valued at approximately $55,000. Finally, Wayfinding Financial LLC acquired a new stake in shares of Leidos in the 1st quarter valued at approximately $63,000. 76.12% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Truist Financial reduced their price target on Leidos from $165.00 to $155.00 and set a "buy" rating for the company in a report on Monday, April 14th. Baird R W cut Leidos from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 27th. Robert W. Baird downgraded Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 price objective for the company. in a research note on Tuesday, May 27th. Wall Street Zen raised Leidos from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 5th. Finally, UBS Group raised their price target on Leidos from $149.00 to $168.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 7th. Seven research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $177.46.

Leidos Stock Performance

Shares of NYSE LDOS traded down $0.93 during midday trading on Friday, hitting $162.07. 698,420 shares of the company's stock were exchanged, compared to its average volume of 1,279,293. The firm has a market cap of $20.86 billion, a P/E ratio of 16.30, a PEG ratio of 1.97 and a beta of 0.64. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.54 and a quick ratio of 1.42. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $202.90. The stock's 50 day moving average price is $153.69 and its 200-day moving average price is $145.00.

Leidos (NYSE:LDOS - Get Free Report) last released its earnings results on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share for the quarter, topping analysts' consensus estimates of $2.47 by $0.50. The firm had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.11 billion. Leidos had a return on equity of 32.62% and a net margin of 7.87%. The firm's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.29 earnings per share. Equities research analysts anticipate 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 was paid on Monday, June 30th. Shareholders of record on Monday, June 16th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.99%. The ex-dividend date was Monday, June 16th. Leidos's dividend payout ratio (DPR) is currently 16.10%.

Insider Transactions 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 sale, the director directly owned 20,195 shares in the company, valued at approximately $3,121,137.25. This represents a 5.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.96% of the stock is currently owned by company insiders.

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.