Universal Beteiligungs und Servicegesellschaft mbH Purchases New Position in Leidos Holdings, Inc. (NYSE:LDOS)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 77,297 shares of the aerospace company's stock, valued at approximately $11,135,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.06% of Leidos as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Marshall & Sterling Wealth Advisors Inc. bought a new stake in Leidos in the 4th quarter valued at about $25,000. Duncker Streett & Co. Inc. acquired a new stake in Leidos during the 4th quarter worth about $27,000. REAP Financial Group LLC boosted its stake in shares of Leidos by 422.2% during the 4th quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company's stock valued at $27,000 after buying an additional 152 shares during the period. Mather Group LLC. grew its stake 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 buying an additional 156 shares in the last quarter. Finally, Human Investing LLC acquired a new stake in shares of Leidos in the fourth quarter worth about $52,000. 76.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

LDOS has been the topic of a number of research analyst reports. Cantor Fitzgerald upgraded shares of Leidos to a "strong-buy" rating in a research note on Tuesday, February 25th. Royal Bank of Canada boosted their price objective on Leidos from $150.00 to $160.00 and gave the stock a "sector perform" rating in a research report on Wednesday, May 7th. Truist Financial lowered their target price on Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Wells Fargo & Company lifted their price target on Leidos from $173.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Finally, Wall Street Zen cut Leidos from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Seven analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $176.46.

Leidos Price Performance

NYSE:LDOS traded up $0.02 on Wednesday, reaching $144.51. The stock had a trading volume of 1,076,110 shares, compared to its average volume of 1,249,595. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $18.60 billion, a P/E ratio of 15.64, a price-to-earnings-growth ratio of 1.65 and a beta of 0.65. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $202.90. The stock has a fifty day moving average price of $146.39 and a 200-day moving average price of $145.66.

Leidos (NYSE:LDOS - Get Free Report) last posted its earnings results 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. The company had revenue of $4.25 billion during the quarter, compared to analysts' expectations of $4.11 billion. Leidos had a net margin of 7.53% and a return on equity of 30.93%. Leidos's quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.29 earnings per share. Research analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be given 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 dividend yield of 1.11%. Leidos's payout ratio is 16.10%.

Insider Activity

In related news, Director Gregory R. Dahlberg sold 1,250 shares of Leidos stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $154.55, for a total value 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 trade represents a 5.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.96% of the stock is owned by 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.