Fuller & Thaler Asset Management Inc. Sells 2,309 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Fuller & Thaler Asset Management Inc. cut its position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 10.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,113 shares of the aerospace company's stock after selling 2,309 shares during the quarter. Fuller & Thaler Asset Management Inc.'s holdings in Leidos were worth $2,753,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Verdence Capital Advisors LLC raised its position in shares of Leidos by 4.8% during the fourth quarter. Verdence Capital Advisors LLC now owns 1,680 shares of the aerospace company's stock worth $242,000 after acquiring an additional 77 shares during the last quarter. Smartleaf Asset Management LLC raised its position in shares of Leidos by 20.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 454 shares of the aerospace company's stock worth $65,000 after acquiring an additional 77 shares during the last quarter. Fifth Third Bancorp raised its position in shares of Leidos by 3.2% during the fourth quarter. Fifth Third Bancorp now owns 2,738 shares of the aerospace company's stock worth $394,000 after acquiring an additional 86 shares during the last quarter. Contravisory Investment Management Inc. raised its position in shares of Leidos by 2.0% during the fourth quarter. Contravisory Investment Management Inc. now owns 4,796 shares of the aerospace company's stock worth $691,000 after acquiring an additional 95 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. raised its position in shares of Leidos by 2.0% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,197 shares of the aerospace company's stock worth $749,000 after acquiring an additional 100 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors.

Leidos Price Performance

Shares of LDOS stock traded down $0.46 during trading hours on Thursday, reaching $146.73. The stock had a trading volume of 375,309 shares, compared to its average volume of 1,199,859. The stock's fifty day simple moving average is $137.08 and its 200 day simple moving average is $150.24. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91. Leidos Holdings, Inc. has a 12 month low of $123.62 and a 12 month high of $202.90. The firm has a market capitalization of $18.81 billion, a PE ratio of 15.87, a PEG ratio of 1.65 and a beta of 0.66.

Leidos (NYSE:LDOS - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 EPS for the quarter, beating analysts' consensus estimates of $2.24 by $0.13. Leidos had a net margin of 7.53% and a return on equity of 30.93%. On average, equities research analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a yield of 1.09%. Leidos's dividend payout ratio is presently 17.32%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on LDOS shares. TD Cowen downgraded Leidos from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $200.00 to $165.00 in a research report on Wednesday, January 8th. UBS Group dropped their price objective on shares of Leidos from $162.00 to $156.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 12th. Truist Financial dropped their price objective on shares of Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. StockNews.com lowered shares of Leidos from a "strong-buy" rating to a "buy" rating in a research note on Wednesday. Finally, Cantor Fitzgerald raised shares of Leidos to a "strong-buy" rating in a research note on Tuesday, February 25th. Five investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $179.23.

Insider Activity at Leidos

In other news, Director Gary Stephen May sold 2,128 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total transaction of $279,278.72. Following the completion of the sale, the director now directly owns 11,264 shares in the company, valued at approximately $1,478,287.36. This represents a 15.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $134.56, for a total transaction of $203,320.16. Following the sale, the director now owns 6,408 shares of the company's stock, valued at approximately $862,260.48. This represents a 19.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 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.