Revisor Wealth Management LLC Acquires Shares of 1,928 Leidos Holdings, Inc. (NYSE:LDOS)

Revisor Wealth Management LLC acquired a new stake in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,928 shares of the aerospace company's stock, valued at approximately $260,000.

Other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Leidos by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 15,450,395 shares of the aerospace company's stock valued at $2,225,784,000 after acquiring an additional 84,003 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Leidos by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 3,393,313 shares of the aerospace company's stock valued at $487,649,000 after purchasing an additional 27,410 shares in the last quarter. Invesco Ltd. grew its position in shares of Leidos by 35.0% during the fourth quarter. Invesco Ltd. now owns 2,630,448 shares of the aerospace company's stock valued at $378,942,000 after purchasing an additional 682,532 shares in the last quarter. First Trust Advisors LP increased its holdings in shares of Leidos by 8.9% in the fourth quarter. First Trust Advisors LP now owns 1,901,433 shares of the aerospace company's stock worth $273,920,000 after purchasing an additional 155,481 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Leidos in the fourth quarter worth about $266,419,000. Institutional investors own 76.12% of the company's stock.

Insider Activity

In related news, Director Gregory R. Dahlberg sold 1,250 shares of the business's stock in a transaction on Friday, May 9th. The stock was sold at an average price of $154.55, for a total transaction of $193,187.50. Following the completion of 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.96% of the company's stock.

Analyst Ratings Changes

Several equities analysts have weighed in on LDOS shares. Stifel Nicolaus set a $178.00 price target on Leidos and gave the company a "buy" rating in a report on Tuesday, June 24th. Robert W. Baird downgraded Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 target price for the company. in a research report on Tuesday, May 27th. Wall Street Zen raised shares of Leidos from a "buy" rating to a "strong-buy" rating in a report on Saturday. Royal Bank Of Canada boosted their price target on shares of Leidos from $150.00 to $160.00 and gave the stock a "sector perform" rating in a research report on Wednesday, May 7th. Finally, Baird R W lowered shares of Leidos from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 27th. Seven analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $177.46.

Leidos Trading Up 1.3%

LDOS stock traded up $2.04 during mid-day trading on Friday, reaching $164.66. 950,883 shares of the stock traded hands, compared to its average volume of 1,277,497. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $202.90. The stock has a market capitalization of $21.20 billion, a PE ratio of 16.57, a PEG ratio of 1.99 and a beta of 0.64. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.42 and a current ratio of 1.54. The business has a 50-day moving average price of $152.12 and a two-hundred day moving average price of $144.37.

Leidos (NYSE:LDOS - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $2.97 EPS for the quarter, beating the consensus estimate of $2.47 by $0.50. Leidos had a net margin of 7.87% and a return on equity of 32.62%. The company had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.11 billion. During the same period in the prior year, the firm posted $2.29 EPS. The firm's revenue was up 6.8% compared to the same quarter last year. Equities research analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 16th were issued a $0.40 dividend. The ex-dividend date was Monday, June 16th. This represents a $1.60 annualized dividend and a dividend yield of 0.97%. Leidos's payout ratio is 16.10%.

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.