Worldquant Millennium Advisors LLC Has $48.54 Million Stock Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Worldquant Millennium Advisors LLC lifted its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 25.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 336,939 shares of the aerospace company's stock after purchasing an additional 68,526 shares during the period. Worldquant Millennium Advisors LLC owned approximately 0.25% of Leidos worth $48,539,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of LDOS. Marshall & Sterling Wealth Advisors Inc. acquired a new position in Leidos in the fourth quarter valued at approximately $25,000. Duncker Streett & Co. Inc. acquired a new position in Leidos in the fourth quarter valued at approximately $27,000. Berbice Capital Management LLC acquired a new position in Leidos in the fourth quarter valued at approximately $29,000. Mather Group LLC. lifted its holdings in Leidos by 143.1% in the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock valued at $38,000 after buying an additional 156 shares during the period. Finally, Human Investing LLC acquired a new position in Leidos in the fourth quarter valued at approximately $52,000. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Wells Fargo & Company upped their target price on shares of Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. William Blair downgraded shares of Leidos from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Truist Financial lowered their price objective on shares of Leidos from $165.00 to $155.00 and set a "buy" rating for the company in a research report on Monday, April 14th. UBS Group increased their price objective on shares of Leidos from $149.00 to $168.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 7th. Finally, Wall Street Zen downgraded shares of Leidos from a "strong-buy" rating to a "buy" rating in a research report on Thursday. Five equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $180.69.

Leidos Stock Down 0.4%

Leidos stock traded down $0.62 during mid-day trading on Thursday, reaching $158.32. The company's stock had a trading volume of 1,077,439 shares, compared to its average volume of 1,220,095. The company has a market capitalization of $20.38 billion, a price-to-earnings ratio of 17.13, a price-to-earnings-growth ratio of 1.65 and a beta of 0.65. Leidos Holdings, Inc. has a 12 month low of $123.62 and a 12 month high of $202.90. The business's 50 day simple moving average is $144.18 and its 200 day simple moving average is $148.19. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.13 and a current ratio of 1.21.

Leidos (NYSE:LDOS - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $2.97 EPS for the quarter, beating analysts' consensus estimates 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 net margin of 7.53% and a return on equity of 30.93%. The company's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter last year, the company posted $2.29 earnings per share. As a group, research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders 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 1.01%. The ex-dividend date is Monday, June 16th. Leidos's dividend payout ratio is currently 16.10%.

Insider Buying and Selling at Leidos

In other Leidos news, Director Gregory R. Dahlberg sold 1,250 shares of the stock in a transaction on Friday, May 9th. The shares were 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 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 legal filing with the SEC, which is available through this link. Corporate insiders own 0.96% of the company's stock.

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.