Leidos Holdings, Inc. (NYSE:LDOS) Shares Bought by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. increased its holdings in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 16.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 49,679 shares of the aerospace company's stock after buying an additional 7,186 shares during the period. Cambridge Investment Research Advisors Inc.'s holdings in Leidos were worth $6,704,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Private Advisor Group LLC grew its holdings in shares of Leidos by 83.0% during the fourth quarter. Private Advisor Group LLC now owns 8,167 shares of the aerospace company's stock valued at $1,177,000 after purchasing an additional 3,703 shares during the last quarter. Sigma Planning Corp boosted its position in Leidos by 23.0% during the 4th quarter. Sigma Planning Corp now owns 2,471 shares of the aerospace company's stock valued at $356,000 after purchasing an additional 462 shares during the period. First Horizon Advisors Inc. boosted its position in Leidos by 208.7% during the 4th quarter. First Horizon Advisors Inc. now owns 1,034 shares of the aerospace company's stock valued at $149,000 after purchasing an additional 699 shares during the period. Illinois Municipal Retirement Fund grew its stake in Leidos by 15.6% during the 4th quarter. Illinois Municipal Retirement Fund now owns 19,991 shares of the aerospace company's stock worth $2,880,000 after buying an additional 2,691 shares during the last quarter. Finally, Heritage Investors Management Corp increased its position in Leidos by 2.9% in the fourth quarter. Heritage Investors Management Corp now owns 97,856 shares of the aerospace company's stock worth $14,097,000 after buying an additional 2,745 shares during the period. Institutional investors own 76.12% of the company's stock.

Insiders Place Their Bets

In other 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 transaction, the director now directly owns 20,195 shares of the company's stock, valued at $3,121,137.25. This trade represents a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.96% of the company's stock.

Leidos Price Performance

Shares of Leidos stock opened at $155.66 on Friday. Leidos Holdings, Inc. has a 52 week low of $123.62 and a 52 week 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 $20.04 billion, a PE ratio of 15.66, a price-to-earnings-growth ratio of 1.86 and a beta of 0.63. The company's 50-day moving average price is $149.85 and its two-hundred day moving average price is $144.08.

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, topping analysts' consensus estimates of $2.47 by $0.50. The business had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.11 billion. Leidos had a net margin of 7.87% and a return on equity of 32.62%. The business's revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.29 EPS. As a group, sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $1.60 dividend on an annualized basis and a yield of 1.03%. Leidos's dividend payout ratio is currently 16.10%.

Wall Street Analyst Weigh In

Several research firms have recently commented on LDOS. Wells Fargo & Company upped their price target 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. Baird R W cut shares of Leidos from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 27th. Truist Financial cut their price target on Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Royal Bank Of Canada increased their price objective on Leidos from $150.00 to $160.00 and gave the stock a "sector perform" rating in a report on Wednesday, May 7th. Finally, UBS Group lifted their target price on Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Seven investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $177.46.

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.

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