NBC Securities Inc. Boosts Stock Position in Leidos Holdings, Inc. (NYSE:LDOS)

NBC Securities Inc. increased its position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 169,000.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,691 shares of the aerospace company's stock after purchasing an additional 1,690 shares during the quarter. NBC Securities Inc.'s holdings in Leidos were worth $228,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in LDOS. Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of Leidos in the fourth quarter valued at approximately $25,000. Duncker Streett & Co. Inc. bought a new stake in shares of Leidos during the 4th quarter worth $27,000. REAP Financial Group LLC boosted its holdings in shares of Leidos by 422.2% in the 4th quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company's stock worth $27,000 after buying an additional 152 shares during the last quarter. Mather Group LLC. grew its position in Leidos by 143.1% during the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock valued at $38,000 after buying an additional 156 shares during the period. Finally, Human Investing LLC purchased a new stake in Leidos during the fourth quarter worth about $52,000. 76.12% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Leidos news, Director Gregory R. Dahlberg sold 1,250 shares of the business's 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 now owns 20,195 shares of the company's stock, valued at $3,121,137.25. The trade was a 5.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.96% of the company's stock.

Leidos Price Performance

Shares of LDOS stock traded down $1.68 during trading hours on Monday, reaching $146.46. The stock had a trading volume of 873,379 shares, compared to its average volume of 1,253,426. The stock's fifty day simple moving average is $146.86 and its 200 day simple moving average is $145.24. The firm has a market capitalization of $18.85 billion, a PE ratio of 15.85, a PEG ratio of 1.65 and a beta of 0.63. Leidos Holdings, Inc. has a 12 month low of $123.62 and a 12 month high of $202.90. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91.

Leidos (NYSE:LDOS - Get Free Report) last posted 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 business had revenue of $4.25 billion for the quarter, compared to analysts' expectations of $4.11 billion. Leidos had a net margin of 7.53% and a return on equity of 30.93%. The business'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 company posted $2.29 EPS. On average, equities research analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend is Monday, June 16th. Leidos's payout ratio is 16.10%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on LDOS. Truist Financial dropped their target price on shares of Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Wells Fargo & Company raised 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. William Blair cut Leidos from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Cantor Fitzgerald upgraded Leidos to a "strong-buy" rating in a research note on Tuesday, February 25th. Finally, Robert W. Baird lowered Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 price objective for the company. in a report on Tuesday, May 27th. Seven equities research 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. According to data from MarketBeat, Leidos has a consensus rating of "Moderate Buy" and an average price target of $176.46.

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.