Axa S.A. Has $4.95 Million Stock Position in Leidos Holdings, Inc. (NYSE:LDOS)

AXA S.A. decreased its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 71.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,379 shares of the aerospace company's stock after selling 86,301 shares during the period. AXA S.A.'s holdings in Leidos were worth $4,953,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted 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 worth $2,225,784,000 after buying an additional 84,003 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Leidos by 13.1% during the third quarter. JPMorgan Chase & Co. now owns 3,504,392 shares of the aerospace company's stock valued at $571,216,000 after acquiring an additional 405,256 shares during the period. Geode Capital Management LLC boosted its stake in shares of Leidos by 0.8% in 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 purchasing an additional 27,410 shares in the last quarter. Invesco Ltd. increased its position in shares of Leidos by 35.0% during the 4th quarter. Invesco Ltd. now owns 2,630,448 shares of the aerospace company's stock worth $378,942,000 after purchasing an additional 682,532 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in Leidos by 8.9% during the 4th 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 last quarter. Institutional investors own 76.12% of the company's stock.

Analyst Ratings Changes

LDOS has been the subject of several recent analyst reports. Wells Fargo & Company raised their price objective on shares of Leidos from $173.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday. Cantor Fitzgerald raised Leidos to a "strong-buy" rating in a report on Tuesday, February 25th. Truist Financial reduced their price objective on Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. William Blair lowered Leidos from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Finally, UBS Group upped their price target on shares of Leidos from $149.00 to $168.00 and gave the stock a "neutral" rating in a research report on Wednesday. Five investment 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. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $180.69.

Leidos Trading Up 0.8 %

Shares of LDOS stock traded up $1.19 during trading hours on Friday, reaching $155.90. The company had a trading volume of 1,306,414 shares, compared to its average volume of 1,206,757. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.21 and a quick ratio of 1.13. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $202.90. The company has a 50 day moving average of $140.16 and a 200 day moving average of $149.45. The firm has a market cap of $19.99 billion, a price-to-earnings ratio of 16.87, a P/E/G ratio of 1.65 and a beta of 0.65.

Leidos (NYSE:LDOS - Get Free Report) last issued its 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. The firm had revenue of $4.25 billion for 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 company's revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the business earned $2.29 earnings per share. On average, equities research analysts anticipate 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 will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend is Monday, June 16th. Leidos's payout ratio is presently 17.32%.

Insider Transactions at Leidos

In other news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the firm's 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 $862,260.48. This trade represents a 19.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Gary Stephen May sold 2,128 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the director now owns 11,264 shares of the company's stock, valued at $1,478,287.36. This represents a 15.89 % 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 valued at $675,786 over the last three months. 0.69% of the stock is currently owned by corporate insiders.

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.