Quantinno Capital Management LP Trims Stake in Leidos Holdings, Inc. (NYSE:LDOS)

Quantinno Capital Management LP lowered its holdings in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 16.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,809 shares of the aerospace company's stock after selling 5,355 shares during the quarter. Quantinno Capital Management LP's holdings in Leidos were worth $3,862,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Marshall & Sterling Wealth Advisors Inc. purchased a new position in shares of Leidos during the 4th quarter worth approximately $25,000. Duncker Streett & Co. Inc. acquired a new position in Leidos during the fourth quarter worth $27,000. Berbice Capital Management LLC purchased a new position in shares of Leidos during the fourth quarter worth $29,000. Mather Group LLC. grew its stake in shares of Leidos by 143.1% in 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 in the last quarter. Finally, Human Investing LLC purchased a new stake in shares of Leidos in the 4th quarter valued at $52,000. Institutional investors and hedge funds own 76.12% of the company's stock.

Insider Transactions at Leidos

In related 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 directly owns 20,195 shares of the company's stock, valued at $3,121,137.25. This trade represents a 5.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.96% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on LDOS. Royal Bank of Canada raised their target price on Leidos from $150.00 to $160.00 and gave the company a "sector perform" rating in a report on Wednesday, May 7th. William Blair cut shares of Leidos from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. UBS Group raised their price objective on shares of Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Wells Fargo & Company upped their target price on shares of Leidos from $173.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Finally, Wall Street Zen lowered shares of Leidos from a "strong-buy" rating to a "buy" rating in a report on Thursday. Five investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Leidos currently has a consensus rating of "Moderate Buy" and an average price target of $180.69.

Leidos Stock Down 0.4%

NYSE LDOS traded down $0.62 on Thursday, hitting $158.32. 1,077,439 shares of the stock were exchanged, compared to its average volume of 1,219,250. Leidos Holdings, Inc. has a fifty-two week low of $123.62 and a fifty-two week high of $202.90. The company has a 50-day moving average price of $143.78 and a 200-day moving average price of $148.38. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. The company has a market cap of $20.38 billion, a PE ratio of 17.13, a PEG ratio of 1.65 and a beta of 0.65.

Leidos (NYSE:LDOS - Get Free Report) last issued its earnings results on Tuesday, May 6th. The aerospace company reported $2.97 EPS for the quarter, topping analysts' consensus estimates of $2.47 by $0.50. Leidos had a net margin of 7.53% and a return on equity of 30.93%. The firm had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.11 billion. During the same quarter in the previous year, the firm posted $2.29 earnings per share. The company's revenue was up 6.8% compared to the same quarter last year. Sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be issued a $0.40 dividend. The ex-dividend date is Monday, June 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.01%. Leidos's payout ratio is currently 16.10%.

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.