Two Sigma Advisers LP Boosts Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Two Sigma Advisers LP increased its position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 796.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,650 shares of the aerospace company's stock after buying an additional 10,350 shares during the period. Two Sigma Advisers LP's holdings in Leidos were worth $1,678,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in LDOS. Private Advisor Group LLC lifted its position in shares of Leidos by 83.0% in the 4th quarter. Private Advisor Group LLC now owns 8,167 shares of the aerospace company's stock worth $1,177,000 after purchasing an additional 3,703 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in Leidos by 39.6% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,464 shares of the aerospace company's stock worth $1,800,000 after buying an additional 3,534 shares in the last quarter. LGT Fund Management Co Ltd. purchased a new stake in Leidos during the fourth quarter worth $1,979,000. HM Payson & Co. lifted its holdings in Leidos by 959.8% during the fourth quarter. HM Payson & Co. now owns 2,374 shares of the aerospace company's stock worth $342,000 after buying an additional 2,150 shares during the period. Finally, Invesco Ltd. boosted its position in Leidos by 35.0% during the 4th quarter. Invesco Ltd. now owns 2,630,448 shares of the aerospace company's stock valued at $378,942,000 after acquiring an additional 682,532 shares in the last quarter. 76.12% of the stock is currently owned by institutional investors.

Leidos Stock Performance

LDOS stock traded up $0.92 during midday trading on Friday, reaching $148.42. The stock had a trading volume of 2,289,108 shares, compared to its average volume of 1,242,202. The firm has a fifty day simple moving average of $145.89 and a two-hundred day simple moving average of $146.29. Leidos Holdings, Inc. has a 52-week low of $123.62 and a 52-week high of $202.90. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.13 and a current ratio of 1.21. The stock has a market cap of $19.10 billion, a PE ratio of 16.06, a P/E/G ratio of 1.65 and a beta of 0.65.

Leidos (NYSE:LDOS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.47 by $0.50. The firm 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 company's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the business posted $2.29 earnings per share. As a group, equities research analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be issued a dividend of $0.40 per share. The ex-dividend date is Monday, June 16th. This represents a $1.60 annualized dividend and a dividend yield of 1.08%. Leidos's dividend payout ratio (DPR) is presently 16.10%.

Insider Activity at Leidos

In other news, Director Gregory R. Dahlberg sold 1,250 shares of Leidos stock in a transaction that occurred on 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 transaction, the director now directly owns 20,195 shares of the company's stock, valued at $3,121,137.25. The trade was a 5.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.96% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on LDOS. Robert W. Baird cut Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 price objective for the company. in a research note on Tuesday. UBS Group increased their price target on shares of Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Wells Fargo & Company raised their price target on shares of Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Wall Street Zen downgraded shares of Leidos from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Finally, William Blair cut shares of Leidos from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Seven equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Leidos has an average rating of "Moderate Buy" and a consensus price target of $176.46.

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.