VCI Wealth Management LLC Buys Shares of 4,854 Leidos Holdings, Inc. (NYSE:LDOS)

VCI Wealth Management LLC acquired a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,854 shares of the aerospace company's stock, valued at approximately $655,000.

Several other large investors have also recently added to or reduced their stakes in LDOS. Marshall & Sterling Wealth Advisors Inc. acquired a new position in shares of Leidos during the fourth quarter worth approximately $25,000. REAP Financial Group LLC lifted its holdings in Leidos by 422.2% in the fourth 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. MCF Advisors LLC acquired a new position in Leidos in the first quarter valued at approximately $27,000. Optimum Investment Advisors lifted its holdings in Leidos by 260.0% in the first quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company's stock valued at $32,000 after buying an additional 169 shares during the period. Finally, Sentry Investment Management LLC acquired a new position in Leidos in the first quarter valued at approximately $55,000. 76.12% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Gregory R. Dahlberg sold 1,250 shares of Leidos stock in a transaction that occurred 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 transaction, the director directly owned 20,195 shares in the company, valued at approximately $3,121,137.25. This trade represents a 5.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.69% of the company's stock.

Leidos Stock Performance

LDOS traded up $0.58 during midday trading on Tuesday, hitting $161.32. 886,050 shares of the company traded hands, compared to its average volume of 1,272,396. The company has a quick ratio of 1.42, a current ratio of 1.54 and a debt-to-equity ratio of 1.17. The firm has a market capitalization of $20.76 billion, a PE ratio of 16.23, a price-to-earnings-growth ratio of 1.93 and a beta of 0.64. The company's 50-day moving average is $154.54 and its 200 day moving average is $145.63. Leidos Holdings, Inc. has a 52 week low of $123.62 and a 52 week high of $202.90.

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

Leidos Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 16th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.99%. The ex-dividend date was Monday, June 16th. Leidos's dividend payout ratio is presently 16.10%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on LDOS shares. 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. Wall Street Zen upgraded shares of Leidos from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 5th. Baird R W downgraded shares of Leidos from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 27th. Stifel Nicolaus set a $178.00 price objective on shares of Leidos and gave the company a "buy" rating in a research report on Tuesday, June 24th. Finally, Robert W. Baird cut shares of 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, May 27th. Seven equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $175.15.

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.