Gotham Asset Management LLC Has $24.98 Million Stock Position in Leidos Holdings, Inc. (NYSE:LDOS)

Gotham Asset Management LLC boosted its position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 72.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 173,414 shares of the aerospace company's stock after purchasing an additional 72,589 shares during the period. Gotham Asset Management LLC owned approximately 0.13% of Leidos worth $24,982,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Marshall & Sterling Wealth Advisors Inc. purchased a new position in shares of Leidos during the 4th quarter worth approximately $25,000. Duncker Streett & Co. Inc. acquired a new position in Leidos during the 4th quarter valued at about $27,000. Berbice Capital Management LLC acquired a new stake in shares of Leidos during the fourth quarter worth approximately $29,000. Mather Group LLC. increased its position in Leidos by 143.1% during the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock worth $38,000 after acquiring an additional 156 shares during the period. Finally, Human Investing LLC acquired a new stake in shares of Leidos in the 4th quarter valued at $52,000. 76.12% of the stock is owned by hedge funds and other institutional investors.

Leidos Price Performance

Leidos stock traded down $0.54 during midday trading on Tuesday, reaching $155.55. 65,629 shares of the stock traded hands, compared to its average volume of 1,205,840. The stock's fifty day moving average is $140.61 and its 200-day moving average is $149.09. Leidos Holdings, Inc. has a 12 month low of $123.62 and a 12 month high of $202.90. The stock has a market cap of $20.02 billion, a P/E ratio of 16.81, a PEG ratio of 1.65 and a beta of 0.65. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91.

Leidos (NYSE:LDOS - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $2.97 EPS for the quarter, topping the consensus estimate of $2.47 by $0.50. The company had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.11 billion. Leidos had a return on equity of 30.93% and a net margin of 7.53%. Leidos's quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the business posted $2.29 EPS. As a group, equities research analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.03%. The ex-dividend date is Monday, June 16th. Leidos's payout ratio is 16.10%.

Insider Transactions at Leidos

In other Leidos news, Director Gary Stephen May sold 2,128 shares of the firm's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total transaction of $279,278.72. Following the transaction, the director now owns 11,264 shares of the company's stock, valued at approximately $1,478,287.36. This trade represents a 15.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Gregory R. Dahlberg sold 1,250 shares of the stock in a transaction dated 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 transaction, the director now directly owns 20,195 shares of the company's stock, valued at approximately $3,121,137.25. This trade represents a 5.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,889 shares of company stock worth $675,786 in the last ninety days. Insiders own 0.96% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on LDOS shares. Cantor Fitzgerald raised Leidos to a "strong-buy" rating in a research note on Tuesday, February 25th. Wells Fargo & Company upped their price target on Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. William Blair cut Leidos from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. StockNews.com cut Leidos from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, April 30th. Finally, Truist Financial cut their price target on Leidos from $165.00 to $155.00 and set a "buy" rating for the company in a report on Monday, April 14th. Five equities research 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 stock. Based on data from MarketBeat, Leidos presently has a consensus rating of "Moderate Buy" and an average price target of $180.69.

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.