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

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 4.5% in the fourth quarter, according to its most recent 13F filing with the SEC. 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 approximately 0.58% of Leidos worth $111,113,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. USS Investment Management Ltd bought a new stake in shares of Leidos in the 4th quarter worth approximately $4,041,000. Worldquant Millennium Advisors LLC raised its holdings in shares of Leidos by 25.5% in the 4th quarter. Worldquant Millennium Advisors LLC now owns 336,939 shares of the aerospace company's stock worth $48,539,000 after purchasing an additional 68,526 shares during the period. Washington Harbour Partners LP bought a new stake in shares of Leidos in the 4th quarter worth approximately $1,577,000. iSAM Funds UK Ltd bought a new stake in shares of Leidos in the 4th quarter worth approximately $276,000. Finally, Vident Advisory LLC raised its holdings in Leidos by 27.3% during the 4th quarter. Vident Advisory LLC now owns 91,279 shares of the aerospace company's stock valued at $13,150,000 after acquiring an additional 19,555 shares during the period. Institutional investors and hedge funds own 76.12% of the company's stock.

Leidos Price Performance

LDOS traded down $1.26 during trading on Thursday, reaching $148.10. The stock had a trading volume of 523,308 shares, compared to its average volume of 1,549,017. The stock has a market cap of $19.06 billion, a PE ratio of 16.03, a PEG ratio of 1.65 and a beta of 0.65. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.13 and a current ratio of 1.21. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $202.90. The business has a 50-day moving average of $145.42 and a 200-day moving average of $147.03.

Leidos (NYSE:LDOS - Get Free Report) last released its earnings results on Tuesday, May 6th. The aerospace company reported $2.97 EPS for the quarter, beating analysts' consensus estimates of $2.47 by $0.50. The business 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 revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.29 earnings per share. As a group, equities research analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, June 16th. This represents a $1.60 annualized dividend and a yield of 1.08%. Leidos's payout ratio is 16.10%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on LDOS shares. Cantor Fitzgerald raised shares of Leidos to a "strong-buy" rating in a report on Tuesday, February 25th. Wall Street Zen cut shares of Leidos from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. Robert W. Baird cut shares of Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 target price on the stock. in a report on Tuesday. William Blair cut shares of Leidos from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Finally, Wells Fargo & Company boosted their target price on shares of Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Seven investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Leidos presently has a consensus rating of "Moderate Buy" and a consensus price target of $176.46.

Insider Buying and Selling at Leidos

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 transaction of $193,187.50. Following the completion of the sale, the director now directly owns 20,195 shares in the company, valued at $3,121,137.25. This represents a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.96% of the company's stock.

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.