Squarepoint Ops LLC Boosts Position in Leidos Holdings, Inc. (NYSE:LDOS)

Squarepoint Ops LLC raised its stake in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 271.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 73,719 shares of the aerospace company's stock after buying an additional 53,896 shares during the period. Squarepoint Ops LLC owned about 0.06% of Leidos worth $10,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Marshall & Sterling Wealth Advisors Inc. purchased a new position in shares of Leidos during the fourth quarter valued at $25,000. Duncker Streett & Co. Inc. bought a new position in Leidos during the 4th quarter worth about $27,000. Berbice Capital Management LLC purchased a new position in Leidos during the 4th quarter valued at about $29,000. Mather Group LLC. raised its holdings in shares of Leidos by 143.1% in the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock valued at $38,000 after purchasing an additional 156 shares in the last quarter. Finally, Human Investing LLC purchased a new stake in shares of Leidos in the 4th quarter worth approximately $52,000. 76.12% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Leidos news, Director Gregory R. Dahlberg sold 1,250 shares of the stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $154.55, for a total transaction of $193,187.50. Following the sale, the director now directly owns 20,195 shares of the company's stock, valued at approximately $3,121,137.25. This trade represents a 5.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.96% of the stock is currently owned by insiders.

Leidos Trading Down 0.4%

NYSE:LDOS opened at $158.32 on Friday. The company has a market capitalization of $20.38 billion, a P/E ratio of 17.13, a PEG ratio of 1.65 and a beta of 0.65. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91. Leidos Holdings, Inc. has a 12 month low of $123.62 and a 12 month high of $202.90. The firm has a fifty day simple moving average of $144.18 and a 200-day simple moving average of $148.19.

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, topping analysts' consensus estimates of $2.47 by $0.50. The company had revenue of $4.25 billion during the quarter, compared to analysts' expectations of $4.11 billion. Leidos had a return on equity of 30.93% and a net margin of 7.53%. The firm's revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.29 EPS. On average, equities research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $1.60 annualized dividend and a yield of 1.01%. Leidos's dividend payout ratio (DPR) is presently 16.10%.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Wall Street Zen downgraded shares of Leidos from a "strong-buy" rating to a "buy" rating in a research note on Thursday. Royal Bank of Canada upped their price objective on Leidos from $150.00 to $160.00 and gave the stock a "sector perform" rating in a research note on Wednesday, May 7th. Truist Financial cut their target price on Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Cantor Fitzgerald upgraded shares of Leidos to a "strong-buy" rating in a report on Tuesday, February 25th. Finally, William Blair cut shares of Leidos from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Five research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $180.69.

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.

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