UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Trims Stock Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 4.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 771,299 shares of the aerospace company's stock after selling 36,389 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.58% of Leidos worth $111,113,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LDOS. Verdence Capital Advisors LLC raised its holdings in shares of Leidos by 4.8% during the fourth quarter. Verdence Capital Advisors LLC now owns 1,680 shares of the aerospace company's stock valued at $242,000 after acquiring an additional 77 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of 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 acquiring an additional 77 shares during the period. Fifth Third Bancorp boosted its position in shares of Leidos by 3.2% during the 4th quarter. Fifth Third Bancorp now owns 2,738 shares of the aerospace company's stock valued at $394,000 after acquiring an additional 86 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. grew its holdings in shares of Leidos by 2.0% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,197 shares of the aerospace company's stock valued at $749,000 after purchasing an additional 100 shares during the period. Finally, Interchange Capital Partners LLC increased its position in Leidos by 6.7% during the fourth 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 owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Leidos news, Director Gregory R. Dahlberg sold 1,250 shares of the company's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $154.55, for a total value of $193,187.50. Following the sale, the director now owns 20,195 shares of the company's stock, valued at $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 Securities & Exchange Commission, which is accessible through the SEC website. 0.96% of the stock is owned by company insiders.

Leidos Stock Performance

Shares of NYSE:LDOS traded up $0.12 during trading on Tuesday, reaching $152.61. The company had a trading volume of 1,617,303 shares, compared to its average volume of 1,227,015. 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 0.91, a current ratio of 1.21 and a quick ratio of 1.13. The stock's fifty day moving average price is $144.74 and its 200 day moving average price is $146.97. The firm has a market capitalization of $19.64 billion, a price-to-earnings ratio of 16.52, a price-to-earnings-growth ratio of 1.65 and a beta of 0.65.

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

Leidos Dividend Announcement

The company 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 is Monday, June 16th. This represents a $1.60 annualized dividend and a yield of 1.05%. Leidos's dividend payout ratio is presently 16.10%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on LDOS shares. UBS Group increased their price target on shares of Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Cantor Fitzgerald upgraded Leidos to a "strong-buy" rating in a research report on Tuesday, February 25th. Wells Fargo & Company upped their price target on Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Wall Street Zen downgraded Leidos from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Finally, William Blair cut shares of Leidos from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Six analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $176.46.

Leidos 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.