State of Wyoming Purchases 2,077 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

State of Wyoming lifted its position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 250.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,906 shares of the aerospace company's stock after purchasing an additional 2,077 shares during the period. State of Wyoming's holdings in Leidos were worth $419,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Marshall & Sterling Wealth Advisors Inc. bought a new position in Leidos in the fourth quarter worth about $25,000. Duncker Streett & Co. Inc. bought a new position in Leidos in the fourth quarter worth about $27,000. Berbice Capital Management LLC bought a new position in Leidos in the fourth quarter worth about $29,000. Mather Group LLC. raised its stake in Leidos by 143.1% in the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock worth $38,000 after buying an additional 156 shares in the last quarter. Finally, Human Investing LLC bought a new position in Leidos in the fourth quarter worth about $52,000. 76.12% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Leidos

In other news, Director Gregory R. Dahlberg sold 1,250 shares of the business's stock in a transaction on 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 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.96% of the company's stock.

Leidos Stock Performance

Shares of LDOS stock traded down $5.70 during trading hours on Friday, reaching $152.60. The company had a trading volume of 1,568,051 shares, compared to its average volume of 1,223,313. 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 firm has a market cap of $19.64 billion, a PE ratio of 16.52, a price-to-earnings-growth ratio of 1.65 and a beta of 0.65. The business has a fifty day moving average price of $144.46 and a 200-day moving average price of $147.93.

Leidos (NYSE:LDOS - Get Free Report) last announced its earnings results on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share for the quarter, beating analysts' consensus estimates of $2.47 by $0.50. The business had revenue of $4.25 billion during the quarter, compared to analyst estimates of $4.11 billion. Leidos had a net margin of 7.53% and a return on equity of 30.93%. The company's quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.29 EPS. Sell-side analysts predict 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 will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be paid a dividend of $0.40 per share. The ex-dividend date is Monday, June 16th. This represents a $1.60 dividend on an annualized basis and a yield of 1.05%. Leidos's dividend payout ratio is presently 16.10%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on LDOS shares. Royal Bank of Canada increased their price target on shares of Leidos from $150.00 to $160.00 and gave the stock a "sector perform" rating in a research note on Wednesday, May 7th. William Blair cut shares of Leidos from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Cantor Fitzgerald upgraded shares of Leidos to a "strong-buy" rating in a report on Tuesday, February 25th. Wall Street Zen lowered shares of Leidos from a "strong-buy" rating to a "buy" rating in a report on Thursday. Finally, Wells Fargo & Company lifted 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. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $180.69.

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.