43,023 Shares in Leidos Holdings, Inc. (NYSE:LDOS) Acquired by Two Sigma Investments LP

Two Sigma Investments LP acquired a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 43,023 shares of the aerospace company's stock, valued at approximately $6,198,000.

Several other hedge funds also recently made changes to their positions in the business. Marshall & Sterling Wealth Advisors Inc. acquired a new position in Leidos during the fourth quarter worth $25,000. Duncker Streett & Co. Inc. acquired a new position in shares of Leidos during the 4th quarter worth about $27,000. Mather Group LLC. grew 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 acquiring an additional 156 shares in the last quarter. Human Investing LLC acquired a new stake in shares of Leidos in the fourth quarter valued at about $52,000. Finally, Vision Financial Markets LLC bought a new stake in Leidos during the fourth quarter worth about $57,000. 76.12% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on LDOS. Baird R W lowered Leidos from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. Wall Street Zen downgraded shares of Leidos from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. William Blair cut shares of Leidos from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Robert W. Baird lowered shares of Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 price objective on the stock. in a research note on Tuesday. Finally, UBS Group raised their target price on shares of Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. 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 stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $176.46.

Leidos Stock Performance

NYSE:LDOS traded up $0.58 during mid-day trading on Friday, reaching $148.08. 878,710 shares of the company's stock were exchanged, compared to its average volume of 1,555,003. 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 firm has a market capitalization of $19.06 billion, a PE ratio of 16.03, a price-to-earnings-growth ratio of 1.65 and a beta of 0.65. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $202.90. The business's fifty day simple moving average is $145.65 and its two-hundred day simple moving average is $146.66.

Leidos (NYSE:LDOS - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.50. Leidos had a return on equity of 30.93% and a net margin of 7.53%. The business had revenue of $4.25 billion during the quarter, compared to analysts' expectations of $4.11 billion. During the same period in the previous year, the company posted $2.29 earnings per share. The firm's revenue for the quarter was up 6.8% compared to the same quarter last year. Analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

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

Insider Buying and Selling

In other Leidos news, Director Gregory R. Dahlberg sold 1,250 shares of the company'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 sale, the director now directly owns 20,195 shares in the company, valued at $3,121,137.25. This 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 the SEC website. 0.96% of the stock is currently owned by company insiders.

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.