Yousif Capital Management LLC Sells 4,061 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Yousif Capital Management LLC cut its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 23.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,535 shares of the aerospace company's stock after selling 4,061 shares during the period. Yousif Capital Management LLC's holdings in Leidos were worth $1,826,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in LDOS. Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of Leidos during the fourth quarter valued at about $25,000. Duncker Streett & Co. Inc. purchased a new stake in Leidos in the 4th quarter valued at about $27,000. REAP Financial Group LLC boosted its stake 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. Human Investing LLC bought a new position in shares of Leidos in the fourth quarter valued at approximately $52,000. Finally, Sentry Investment Management LLC purchased a new stake in shares of Leidos during the first quarter valued at approximately $55,000. Institutional investors and hedge funds own 76.12% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Robert W. Baird downgraded shares of Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 price target on the stock. in a report on Tuesday, May 27th. Wells Fargo & Company lifted their price objective 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. UBS Group increased their target price on shares of Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Baird R W lowered shares of Leidos from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 27th. Finally, William Blair cut shares of Leidos from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Seven equities research 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 data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $176.46.

Leidos Price Performance

Shares of LDOS traded down $1.10 during midday trading on Thursday, hitting $148.29. 759,694 shares of the company traded hands, compared to its average volume of 1,259,447. 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 $19.09 billion, a P/E ratio of 14.92, a PEG ratio of 1.82 and a beta of 0.63. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.54 and a quick ratio of 1.42. The stock has a 50-day moving average of $148.57 and a 200-day moving average of $144.56.

Leidos (NYSE:LDOS - Get Free Report) last posted its earnings results on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share for the quarter, topping analysts' consensus estimates of $2.47 by $0.50. Leidos had a net margin of 7.87% and a return on equity of 32.62%. The business had revenue of $4.25 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same quarter in the prior year, the firm posted $2.29 EPS. Leidos's revenue was up 6.8% on a year-over-year basis. As a group, sell-side analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Announces Dividend

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 1.08%. The ex-dividend date of this dividend is Monday, June 16th. Leidos's payout ratio is 16.10%.

Insiders Place Their Bets

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