Universal Beteiligungs und Servicegesellschaft mbH Sells 11,204 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH decreased its stake in Leidos Holdings, Inc. by 14.5%, holding approximately $8.92 million worth of shares at the end of the quarter.
• Institutional ownership in Leidos is substantial, with 76.12% of the stock owned by institutional investors and hedge funds.
• Equities research analysts have mixed ratings for Leidos, with a consensus rating of "Moderate Buy" and an average price target of $175.15.

Universal Beteiligungs und Servicegesellschaft mbH decreased its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 14.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,093 shares of the aerospace company's stock after selling 11,204 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.05% of Leidos worth $8,919,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Parallel Advisors LLC boosted its stake in shares of Leidos by 9.1% during the 1st quarter. Parallel Advisors LLC now owns 968 shares of the aerospace company's stock valued at $131,000 after purchasing an additional 81 shares in the last quarter. Global Financial Private Client LLC boosted its stake in shares of Leidos by 1.4% during the 1st quarter. Global Financial Private Client LLC now owns 7,085 shares of the aerospace company's stock valued at $956,000 after purchasing an additional 100 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in shares of Leidos by 9.2% during the 1st quarter. Exchange Traded Concepts LLC now owns 1,273 shares of the aerospace company's stock valued at $172,000 after purchasing an additional 107 shares in the last quarter. Syon Capital LLC boosted its stake in shares of Leidos by 7.8% during the 4th quarter. Syon Capital LLC now owns 1,487 shares of the aerospace company's stock valued at $214,000 after purchasing an additional 108 shares in the last quarter. Finally, Allworth Financial LP boosted its stake in shares of Leidos by 17.9% during the 1st quarter. Allworth Financial LP now owns 732 shares of the aerospace company's stock valued at $107,000 after purchasing an additional 111 shares in the last quarter. Institutional investors own 76.12% of the company's stock.

Leidos Stock Performance

Shares of LDOS traded up $0.54 during mid-day trading on Tuesday, hitting $160.89. 119,850 shares of the company traded hands, compared to its average volume of 1,407,310. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.42 and a current ratio of 1.54. The stock has a 50-day moving average price of $155.20 and a two-hundred day moving average price of $146.26. Leidos Holdings, Inc. has a 1 year low of $123.62 and a 1 year high of $202.90. The stock has a market cap of $20.71 billion, a price-to-earnings ratio of 16.20, a P/E/G ratio of 1.95 and a beta of 0.64.

Leidos (NYSE:LDOS - Get Free Report) last released 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. Leidos had a net margin of 7.87% and a return on equity of 32.62%. The firm 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 earned $2.29 earnings per share. The firm's quarterly revenue was up 6.8% on a year-over-year basis. Equities analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $1.60 annualized dividend and a yield of 0.99%. Leidos's dividend payout ratio (DPR) is 16.10%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Citigroup reaffirmed a "buy" rating and set a $190.00 target price (up previously from $186.00) on shares of Leidos in a research note on Monday, July 14th. Robert W. Baird cut shares of Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 price target for the company. in a research report on Tuesday, May 27th. Baird R W cut shares of Leidos from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 27th. Wall Street Zen raised shares of Leidos from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 5th. Finally, Stifel Nicolaus set a $178.00 price target on shares of Leidos and gave the company a "buy" rating in a research report on Tuesday, June 24th. Seven equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Leidos has a consensus rating of "Moderate Buy" and an average price target of $175.15.

Insider Transactions at Leidos

In related news, Director Gregory R. Dahlberg sold 1,250 shares of the business's 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 sale, the director directly owned 20,195 shares in the company, valued at approximately $3,121,137.25. The trade was a 5.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.69% of the company's stock.

About Leidos

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.