Leeward Investments LLC MA Sells 3,345 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Leeward Investments LLC MA decreased its position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 3.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 96,346 shares of the aerospace company's stock after selling 3,345 shares during the quarter. Leeward Investments LLC MA owned about 0.08% of Leidos worth $13,001,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Smartleaf Asset Management LLC increased its stake in 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 purchasing an additional 77 shares in the last quarter. Verdence Capital Advisors LLC lifted its holdings in shares of Leidos by 4.8% in the fourth quarter. Verdence Capital Advisors LLC now owns 1,680 shares of the aerospace company's stock worth $242,000 after buying an additional 77 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of Leidos by 9.1% during the first quarter. Parallel Advisors LLC now owns 968 shares of the aerospace company's stock worth $131,000 after acquiring an additional 81 shares in the last quarter. Global Financial Private Client LLC boosted its holdings in Leidos by 1.4% in the first quarter. Global Financial Private Client LLC now owns 7,085 shares of the aerospace company's stock valued at $956,000 after acquiring an additional 100 shares in the last quarter. Finally, Interchange Capital Partners LLC raised its position in shares of Leidos by 6.7% in the 4th quarter. Interchange Capital Partners LLC now owns 1,690 shares of the aerospace company's stock worth $244,000 after purchasing an additional 106 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on LDOS shares. Baird R W downgraded Leidos from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 27th. Stifel Nicolaus set a $178.00 target price on Leidos and gave the stock a "buy" rating in a research note on Tuesday, June 24th. Wells Fargo & Company boosted their target price on Leidos from $173.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Robert W. Baird lowered Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 target price for the company. in a research note on Tuesday, May 27th. 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 research report on Wednesday, May 7th. Seven research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $177.46.

Leidos Stock Performance

Shares of NYSE LDOS traded up $2.04 during midday trading on Friday, reaching $164.66. The company had a trading volume of 950,883 shares, compared to its average volume of 1,274,033. The business's 50-day simple moving average is $152.12 and its 200 day simple moving average is $144.38. Leidos Holdings, Inc. has a 1 year low of $123.62 and a 1 year high of $202.90. The company has a current ratio of 1.54, a quick ratio of 1.42 and a debt-to-equity ratio of 1.17. The stock has a market cap of $21.20 billion, a P/E ratio of 16.57, a P/E/G ratio of 1.99 and a beta of 0.64.

Leidos (NYSE:LDOS - Get Free Report) last released 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. Leidos had a return on equity of 32.62% and a net margin of 7.87%. The firm had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.11 billion. During the same quarter in the prior year, the company posted $2.29 earnings per share. The firm's revenue was up 6.8% on a year-over-year basis. On average, analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $1.60 annualized dividend and a yield of 0.97%. Leidos's payout ratio is 16.10%.

Insider Activity at Leidos

In related news, Director Gregory R. Dahlberg sold 1,250 shares of Leidos stock in a transaction that occurred 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 owned 20,195 shares in the company, valued at approximately $3,121,137.25. The trade was 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 hyperlink. 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.