Leidos Holdings, Inc. (NYSE:LDOS) Shares Acquired by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 25.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 227,209 shares of the aerospace company's stock after acquiring an additional 46,572 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.17% of Leidos worth $32,732,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of LDOS. Norges Bank purchased a new position in Leidos in the fourth quarter valued at about $266,419,000. Alliancebernstein L.P. increased its holdings in shares of Leidos by 510.6% in the fourth quarter. Alliancebernstein L.P. now owns 999,661 shares of the aerospace company's stock valued at $144,011,000 after purchasing an additional 835,930 shares during the period. Invesco Ltd. increased its holdings in shares of 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. JPMorgan Chase & Co. grew its holdings in Leidos by 13.1% during the third quarter. JPMorgan Chase & Co. now owns 3,504,392 shares of the aerospace company's stock worth $571,216,000 after acquiring an additional 405,256 shares during the period. Finally, Thrivent Financial for Lutherans grew its holdings in Leidos by 435.1% during the fourth quarter. Thrivent Financial for Lutherans now owns 464,573 shares of the aerospace company's stock worth $67,032,000 after acquiring an additional 377,756 shares during the period. Hedge funds and other institutional investors own 76.12% of the company's stock.

Insider Transactions 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 stock was sold at an average price of $154.55, for a total transaction of $193,187.50. Following the sale, the director now owns 20,195 shares in the company, valued at approximately $3,121,137.25. This represents a 5.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gary Stephen May sold 2,128 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total value of $279,278.72. Following the sale, the director now owns 11,264 shares in the company, valued at approximately $1,478,287.36. This trade represents a 15.89% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.96% of the company's stock.

Leidos Stock Up 1.5%

Shares of NYSE:LDOS traded up $2.32 on Friday, hitting $159.08. 1,006,999 shares of the company's stock were exchanged, compared to its average volume of 1,214,750. The company has a market capitalization of $20.48 billion, a PE ratio of 17.22, a P/E/G ratio of 1.65 and a beta of 0.65. 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 Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $202.90. The firm's 50-day moving average is $142.23 and its 200 day moving average is $148.89.

Leidos (NYSE:LDOS - Get Free Report) last announced its earnings results on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share (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 return on equity of 30.93% and a net margin of 7.53%. The business's revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.29 EPS. Sell-side analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

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

Analysts Set New Price Targets

Several brokerages have commented on LDOS. Wells Fargo & Company raised their price objective on Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. StockNews.com downgraded Leidos from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, April 30th. William Blair downgraded Leidos from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Cantor Fitzgerald upgraded Leidos to a "strong-buy" rating in a research report on Tuesday, February 25th. Finally, Royal Bank of Canada lifted their price objective on Leidos from $150.00 to $160.00 and gave the company a "sector perform" 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 assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $180.69.

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.