OneDigital Investment Advisors LLC Has $379,000 Stock Position in Leidos Holdings, Inc. (NYSE:LDOS)

OneDigital Investment Advisors LLC cut its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 49.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,805 shares of the aerospace company's stock after selling 2,726 shares during the period. OneDigital Investment Advisors LLC's holdings in Leidos were worth $379,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of Leidos during the fourth quarter worth approximately $25,000. REAP Financial Group LLC increased its holdings in shares of Leidos by 422.2% during the fourth quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company's stock worth $27,000 after purchasing an additional 152 shares during the period. Sentry Investment Management LLC bought a new position in Leidos in the first quarter valued at approximately $55,000. Intact Investment Management Inc. acquired a new position in Leidos during the first quarter valued at approximately $67,000. Finally, Generali Asset Management SPA SGR acquired a new position in Leidos during the fourth quarter valued at approximately $113,000. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have commented on LDOS. Baird R W downgraded shares of Leidos from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 27th. UBS Group boosted their price objective 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. Stifel Nicolaus set a $178.00 price objective on shares of Leidos and gave the company a "buy" rating in a research report on Tuesday, June 24th. Robert W. Baird downgraded shares of Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 price objective for the company. in a research report on Tuesday, May 27th. Finally, Royal Bank Of Canada boosted their target price 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. Seven equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Leidos presently has an average rating of "Moderate Buy" and a consensus price target of $177.46.

Leidos Trading Down 0.6%

NYSE LDOS traded down $0.93 on Friday, reaching $162.07. The company had a trading volume of 698,420 shares, compared to its average volume of 1,280,556. The firm has a market cap of $20.86 billion, a price-to-earnings ratio of 16.30, a P/E/G ratio of 1.96 and a beta of 0.64. Leidos Holdings, Inc. has a fifty-two week low of $123.62 and a fifty-two week high of $202.90. The business has a 50 day moving average of $153.69 and a two-hundred day moving average of $144.99. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.54 and a quick ratio of 1.42.

Leidos (NYSE:LDOS - Get Free Report) last posted its quarterly earnings data 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 the consensus estimate of $4.11 billion. Leidos had a return on equity of 32.62% and a net margin of 7.87%. Leidos's quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.29 earnings per share. Analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were issued a $0.40 dividend. The ex-dividend date of this dividend was Monday, June 16th. This represents a $1.60 annualized dividend and a yield of 0.99%. Leidos's payout ratio is 16.10%.

Insider Transactions at Leidos

In related 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 value of $193,187.50. Following the transaction, the director owned 20,195 shares in the company, valued at $3,121,137.25. The trade was a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.96% of the stock is currently owned by insiders.

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.