Guggenheim Capital LLC Sells 100,167 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Guggenheim Capital LLC lowered its stake in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 97.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,192 shares of the aerospace company's stock after selling 100,167 shares during the quarter. Guggenheim Capital LLC's holdings in Leidos were worth $316,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of LDOS. Duncker Streett & Co. Inc. acquired a new stake in shares of Leidos during the fourth quarter valued at approximately $27,000. Berbice Capital Management LLC acquired a new stake in Leidos during the 4th quarter valued at $29,000. Mather Group LLC. lifted its holdings in shares of Leidos by 143.1% in the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock valued at $38,000 after purchasing an additional 156 shares in the last quarter. Human Investing LLC purchased a new stake in shares of Leidos in the fourth quarter valued at $52,000. Finally, Vision Financial Markets LLC acquired a new stake in shares of Leidos in the fourth quarter worth $57,000. 76.12% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Gary Stephen May sold 2,128 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total transaction 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. This represents a 15.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the business's stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $134.56, for a total value of $203,320.16. Following the transaction, the director now directly owns 6,408 shares in the company, valued at $862,260.48. This trade represents a 19.08 % decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have commented on LDOS. Cantor Fitzgerald upgraded Leidos to a "strong-buy" rating in a research report on Tuesday, February 25th. Truist Financial cut their price target on shares of Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a report on Monday, April 14th. StockNews.com cut Leidos from a "strong-buy" rating to a "buy" rating in a research report on Wednesday. TD Cowen downgraded shares of Leidos from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $200.00 to $165.00 in a report on Wednesday, January 8th. Finally, UBS Group cut their target price on shares of Leidos from $162.00 to $156.00 and set a "neutral" rating for the company in a research report on Wednesday, February 12th. Five equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $179.23.

Leidos Trading Down 0.3 %

Shares of LDOS stock traded down $0.37 on Wednesday, reaching $147.19. 1,025,546 shares of the stock were exchanged, compared to its average volume of 1,213,133. 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 one year low of $123.62 and a one year high of $202.90. The stock has a market cap of $18.87 billion, a PE ratio of 15.93, a P/E/G ratio of 1.65 and a beta of 0.66. The stock has a 50 day moving average price of $136.67 and a 200 day moving average price of $150.27.

Leidos (NYSE:LDOS - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.24 by $0.13. Leidos had a net margin of 7.53% and a return on equity of 30.93%. Equities research analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend was Friday, March 14th. Leidos's dividend payout ratio is presently 17.32%.

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.