Strategic Global Advisors LLC Purchases 2,450 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Strategic Global Advisors LLC boosted its stake in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,576 shares of the aerospace company's stock after purchasing an additional 2,450 shares during the period. Leidos comprises about 1.0% of Strategic Global Advisors LLC's holdings, making the stock its 29th largest holding. Strategic Global Advisors LLC's holdings in Leidos were worth $5,269,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Private Advisor Group LLC lifted its stake in Leidos by 83.0% in the 4th quarter. Private Advisor Group LLC now owns 8,167 shares of the aerospace company's stock valued at $1,177,000 after purchasing an additional 3,703 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Leidos by 39.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,464 shares of the aerospace company's stock valued at $1,800,000 after buying an additional 3,534 shares during the last quarter. LGT Fund Management Co Ltd. acquired a new stake in Leidos during the 4th quarter worth approximately $1,979,000. HM Payson & Co. grew its holdings in Leidos by 959.8% during the 4th quarter. HM Payson & Co. now owns 2,374 shares of the aerospace company's stock worth $342,000 after acquiring an additional 2,150 shares during the last quarter. Finally, Teamwork Financial Advisors LLC increased its position in Leidos by 497.9% in the 4th quarter. Teamwork Financial Advisors LLC now owns 70,566 shares of the aerospace company's stock valued at $10,166,000 after acquiring an additional 58,763 shares during the period. Institutional investors own 76.12% of the company's stock.

Leidos Stock Down 0.8%

NYSE LDOS traded down $1.22 during mid-day trading on Wednesday, hitting $159.08. The company's stock had a trading volume of 1,282,478 shares, compared to its average volume of 1,219,815. The firm has a market capitalization of $20.48 billion, a price-to-earnings ratio of 17.22, a PEG ratio of 1.65 and a beta of 0.65. The company's 50 day simple moving average is $143.29 and its 200 day simple moving average is $148.31. 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 twelve month low of $123.62 and a twelve month high of $202.90.

Leidos (NYSE:LDOS - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share (EPS) for the quarter, beating 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 analysts' expectations of $4.11 billion. During the same period last year, the company earned $2.29 earnings per share. The business's revenue was up 6.8% on a year-over-year basis. Analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be paid a dividend of $0.40 per share. The ex-dividend date is Monday, June 16th. This represents a $1.60 dividend on an annualized basis and a yield of 1.01%. Leidos's dividend payout ratio (DPR) is currently 16.10%.

Insider Buying and Selling at Leidos

In related news, Director Gregory R. Dahlberg sold 1,250 shares of the firm's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $154.55, for a total transaction 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.96% of the company's stock.

Analyst Ratings Changes

LDOS has been the topic of several analyst reports. Cantor Fitzgerald raised shares of Leidos to a "strong-buy" rating in a research note on Tuesday, February 25th. Wells Fargo & Company increased their price target on Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. William Blair cut Leidos from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. UBS Group increased their price target on Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Finally, Truist Financial decreased their price target on Leidos from $165.00 to $155.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Five investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Leidos currently has a consensus 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.