Petrus Trust Company LTA Purchases Shares of 1,854 Leidos Holdings, Inc. $LDOS

Key Points

• Petrus Trust Company LTA acquired 1,854 shares of Leidos Holdings, Inc. during the first quarter, valued at approximately $250,000, as per its latest 13F filing.
• Leidos announced a quarterly dividend of $0.40, which will be paid on September 30th, representing an annualized dividend of $1.60 with a yield of 0.9%.
• The company reported an EPS of $3.21 for the last quarter, exceeding analysts' expectations, and set its FY 2025 guidance between 11.150-11.450 EPS.

Petrus Trust Company LTA purchased a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,854 shares of the aerospace company's stock, valued at approximately $250,000.

Other large investors have also added to or reduced their stakes in the company. REAP Financial Group LLC raised its position in Leidos by 422.2% during the fourth quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company's stock valued at $27,000 after purchasing an additional 152 shares in the last quarter. MCF Advisors LLC purchased a new stake in Leidos during the first quarter valued at about $27,000. Optimum Investment Advisors raised its position in Leidos by 260.0% during the first quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company's stock valued at $32,000 after purchasing an additional 169 shares in the last quarter. Zions Bancorporation National Association UT purchased a new stake in Leidos during the first quarter valued at about $33,000. Finally, N.E.W. Advisory Services LLC purchased a new stake in Leidos during the first quarter valued at about $54,000. Hedge funds and other institutional investors own 76.12% of the company's stock.

Leidos Stock Up 0.2%

NYSE LDOS opened at $178.83 on Wednesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.62 and a quick ratio of 1.50. The stock has a market capitalization of $22.94 billion, a PE ratio of 16.90, a PEG ratio of 1.67 and a beta of 0.71. Leidos Holdings, Inc. has a 1 year low of $123.62 and a 1 year high of $202.90. The business's 50-day moving average is $170.93 and its 200 day moving average is $153.30.

Leidos (NYSE:LDOS - Get Free Report) last posted its earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.58. The company had revenue of $4.25 billion for the quarter, compared to analysts' expectations of $4.24 billion. Leidos had a return on equity of 33.57% and a net margin of 8.22%.Leidos's quarterly revenue was up 2.9% on a year-over-year basis. During the same period last year, the firm earned $2.63 earnings per share. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. Sell-side analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.9%. Leidos's dividend payout ratio (DPR) is presently 15.12%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on LDOS. UBS Group raised their price target on Leidos from $168.00 to $184.00 and gave the company a "neutral" rating in a research report on Thursday, August 7th. Citigroup restated a "buy" rating and set a $190.00 price target (up previously from $186.00) on shares of Leidos in a research report on Monday, July 14th. Royal Bank Of Canada upgraded Leidos from a "hold" rating to a "moderate buy" rating in a report on Thursday, September 4th. Jefferies Financial Group upgraded Leidos from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $185.00 to $205.00 in a report on Wednesday, August 6th. Finally, Stifel Nicolaus set a $178.00 price objective on Leidos and gave the stock a "buy" rating in a report on Tuesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $183.31.

Insider Buying and Selling

In related news, insider Stephen Edward Hull sold 12,497 shares of the firm's stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $178.14, for a total value of $2,226,215.58. Following the sale, the insider directly owned 25,817 shares of the company's stock, valued at $4,599,040.38. This trade represents a 32.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gary Stephen May sold 2,000 shares of the firm's stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $178.05, for a total value of $356,100.00. Following the completion of the sale, the director directly owned 10,137 shares in the company, valued at $1,804,892.85. The trade was a 16.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 22,975 shares of company stock valued at $4,078,740 over the last ninety days. 0.69% of the stock is owned by insiders.

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.

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