Leidos Holdings, Inc. (NYSE:LDOS) Stock Position Increased by Graham Capital Management L.P.

Graham Capital Management L.P. grew its holdings in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 295.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,871 shares of the aerospace company's stock after purchasing an additional 5,880 shares during the quarter. Graham Capital Management L.P.'s holdings in Leidos were worth $1,134,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. raised its position in shares of Leidos by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 15,450,395 shares of the aerospace company's stock valued at $2,225,784,000 after buying an additional 84,003 shares during the period. JPMorgan Chase & Co. raised its position in shares of Leidos by 13.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,504,392 shares of the aerospace company's stock valued at $571,216,000 after buying an additional 405,256 shares during the period. Geode Capital Management LLC raised its position in shares of Leidos by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 3,393,313 shares of the aerospace company's stock valued at $487,649,000 after buying an additional 27,410 shares during the period. Invesco Ltd. raised its position in Leidos by 35.0% in the fourth quarter. Invesco Ltd. now owns 2,630,448 shares of the aerospace company's stock valued at $378,942,000 after purchasing an additional 682,532 shares during the period. Finally, First Trust Advisors LP raised its position in Leidos by 8.9% in the fourth quarter. First Trust Advisors LP now owns 1,901,433 shares of the aerospace company's stock valued at $273,920,000 after purchasing an additional 155,481 shares during the period. 76.12% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Gary Stephen May sold 2,128 shares of Leidos stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total value of $279,278.72. Following the completion of the transaction, the director now directly owns 11,264 shares of the company's stock, valued at approximately $1,478,287.36. The trade was a 15.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Gregory R. Dahlberg sold 1,250 shares of Leidos 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 $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. 0.96% of the stock is currently owned by insiders.

Leidos Price Performance

Shares of LDOS stock traded up $2.32 during trading hours on Friday, hitting $159.08. The company's stock had a trading volume of 1,006,999 shares, compared to its average volume of 1,212,312. The business has a fifty day moving average of $141.73 and a 200-day moving average of $149.07. The stock has a market cap of $20.48 billion, a price-to-earnings ratio of 17.22, a P/E/G ratio of 1.65 and a beta of 0.65. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $202.90. 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 (NYSE:LDOS - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share for the quarter, topping analysts' consensus estimates of $2.47 by $0.50. Leidos had a return on equity of 30.93% and a net margin of 7.53%. The company had revenue of $4.25 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same quarter in the prior year, the company posted $2.29 EPS. The business's revenue for the quarter was up 6.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.01%. The ex-dividend date is Monday, June 16th. Leidos's payout ratio is currently 16.10%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on LDOS. Wells Fargo & Company boosted their target price on Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a research report 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. Cantor Fitzgerald upgraded Leidos to a "strong-buy" rating in a research note on Tuesday, February 25th. StockNews.com lowered shares of Leidos from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, April 30th. Finally, UBS Group increased their price target on shares of Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $180.69.

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.