Leidos Holdings, Inc. (NYSE:LDOS) Shares Acquired by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec lifted its position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 101.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,578 shares of the aerospace company's stock after purchasing an additional 48,715 shares during the quarter. Caisse DE Depot ET Placement DU Quebec owned 0.07% of Leidos worth $13,913,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of LDOS. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in shares of Leidos during the fourth quarter worth about $25,000. Duncker Streett & Co. Inc. bought a new stake in shares of Leidos in the 4th quarter worth approximately $27,000. Berbice Capital Management LLC purchased a new position in shares of Leidos during the fourth quarter valued at approximately $29,000. Mather Group LLC. lifted its stake in Leidos by 143.1% in 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 bought a new stake in Leidos in the fourth quarter valued at $52,000. 76.12% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. TD Cowen cut shares of Leidos from a "buy" rating to a "hold" rating and reduced their price target for the company from $200.00 to $165.00 in a research report on Wednesday, January 8th. StockNews.com cut shares of Leidos from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, April 30th. UBS Group boosted their price target on Leidos from $149.00 to $168.00 and gave the stock a "neutral" rating in a research report on Wednesday. Truist Financial reduced their price objective on Leidos from $165.00 to $155.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Wells Fargo & Company lowered their price target on Leidos from $191.00 to $173.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Five research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Leidos has a consensus rating of "Moderate Buy" and a consensus target price of $178.62.

Leidos Price Performance

Leidos stock traded down $0.07 during mid-day trading on Wednesday, reaching $154.68. 1,612,037 shares of the company's stock traded hands, compared to its average volume of 1,205,223. Leidos Holdings, Inc. has a 12-month low of $123.62 and a 12-month high of $202.90. The company has a market cap of $19.83 billion, a price-to-earnings ratio of 16.74, a PEG ratio of 1.65 and a beta of 0.65. The stock has a 50 day moving average of $138.68 and a two-hundred day moving average of $149.59. 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 issued its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $4.11 billion. During the same period last year, the company earned $2.29 earnings per share. Leidos's revenue was up 6.8% on a year-over-year basis. Equities analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Monday, June 16th. This represents a $1.60 dividend on an annualized basis and a yield of 1.03%. Leidos's payout ratio is 17.32%.

Insider Transactions at Leidos

In related news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the company's stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $134.56, for a total transaction of $203,320.16. Following the completion of the sale, the director now directly owns 6,408 shares in the company, valued at $862,260.48. This represents a 19.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, 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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.69% of the company's stock.

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.