TD Private Client Wealth LLC Has $1.11 Million Stock Position in Leidos Holdings, Inc. (NYSE:LDOS)

TD Private Client Wealth LLC lowered its position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 16.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,213 shares of the aerospace company's stock after selling 1,584 shares during the quarter. TD Private Client Wealth LLC's holdings in Leidos were worth $1,108,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in Leidos by 0.5% during 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 purchasing an additional 84,003 shares in the last quarter. Geode Capital Management LLC boosted its stake in Leidos by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 3,393,313 shares of the aerospace company's stock valued at $487,649,000 after acquiring an additional 27,410 shares during the last quarter. Invesco Ltd. grew its holdings in Leidos by 35.0% during the 4th quarter. Invesco Ltd. now owns 2,630,448 shares of the aerospace company's stock worth $378,942,000 after acquiring an additional 682,532 shares in the last quarter. First Trust Advisors LP increased its position in shares of Leidos by 8.9% in the 4th 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 bought a new position in shares of Leidos during the fourth quarter worth about $266,419,000. 76.12% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Leidos news, Director Gregory R. Dahlberg sold 1,250 shares of the company'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 completion of the sale, the director directly owned 20,195 shares of the company's stock, valued at approximately $3,121,137.25. This represents a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.96% of the company's stock.

Leidos Price Performance

NYSE LDOS traded up $0.88 on Thursday, reaching $163.09. 643,150 shares of the stock traded hands, compared to its average volume of 1,278,317. The firm's fifty day simple moving average is $153.09 and its 200 day simple moving average is $144.76. Leidos Holdings, Inc. has a 12 month low of $123.62 and a 12 month high of $202.90. The company has a market cap of $20.99 billion, a price-to-earnings ratio of 16.41, a P/E/G ratio of 1.96 and a beta of 0.64. The company has a quick ratio of 1.42, a current ratio of 1.54 and a debt-to-equity ratio of 1.17.

Leidos (NYSE:LDOS - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.50. The company had revenue of $4.25 billion during the quarter, compared to analyst estimates of $4.11 billion. Leidos had a net margin of 7.87% and a return on equity of 32.62%. The business's revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.29 EPS. As a group, research analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were given a $0.40 dividend. The ex-dividend date was Monday, June 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.98%. Leidos's dividend payout ratio (DPR) is 16.10%.

Analyst Ratings Changes

LDOS has been the subject of several research reports. Stifel Nicolaus set a $178.00 target price on Leidos and gave the stock a "buy" rating in a research report on Tuesday, June 24th. Truist Financial decreased their price objective on shares of Leidos from $165.00 to $155.00 and set a "buy" rating for the company in a report on Monday, April 14th. Wells Fargo & Company increased their target price on shares of Leidos from $173.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Royal Bank Of Canada increased their price objective on shares of Leidos from $150.00 to $160.00 and gave the stock a "sector perform" rating in a research note on Wednesday, May 7th. Finally, Baird R W cut shares of Leidos from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 27th. Seven investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Leidos has a consensus rating of "Moderate Buy" and an average target price of $177.46.

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.