Running Oak Capital LLC Purchases 11,743 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Running Oak Capital LLC grew its position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 17.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 80,124 shares of the aerospace company's stock after acquiring an additional 11,743 shares during the period. Running Oak Capital LLC owned about 0.06% of Leidos worth $8,673,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of LDOS. Farmers & Merchants Trust Co of Chambersburg PA purchased a new position in Leidos in the 4th quarter valued at about $28,000. Lindbrook Capital LLC lifted its stake in Leidos by 209.0% in the 4th quarter. Lindbrook Capital LLC now owns 275 shares of the aerospace company's stock valued at $30,000 after buying an additional 186 shares in the last quarter. Itau Unibanco Holding S.A. acquired a new stake in Leidos in the 3rd quarter valued at about $30,000. Friedenthal Financial acquired a new stake in Leidos in the 4th quarter valued at about $43,000. Finally, Cary Street Partners Investment Advisory LLC acquired a new stake in Leidos in the 3rd quarter valued at about $49,000. Institutional investors and hedge funds own 76.12% of the company's stock.

Insider Buying and Selling at Leidos

In other Leidos news, Director David G. Fubini sold 7,874 shares of Leidos stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $127.89, for a total value of $1,007,005.86. Following the transaction, the director now directly owns 14,696 shares in the company, valued at $1,879,471.44. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other Leidos news, Director Gary Stephen May sold 2,745 shares of Leidos stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $124.49, for a total value of $341,725.05. Following the transaction, the director now directly owns 11,352 shares in the company, valued at $1,413,210.48. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director David G. Fubini sold 7,874 shares of the business's stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $127.89, for a total transaction of $1,007,005.86. Following the transaction, the director now owns 14,696 shares in the company, valued at $1,879,471.44. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by company insiders.

Leidos Trading Up 0.4 %

Shares of NYSE:LDOS traded up $0.52 during mid-day trading on Thursday, reaching $142.71. 1,720,079 shares of the company were exchanged, compared to its average volume of 890,028. The firm has a market cap of $19.28 billion, a price-to-earnings ratio of 61.51, a P/E/G ratio of 1.75 and a beta of 0.66. The firm's 50-day simple moving average is $128.80 and its 200 day simple moving average is $114.92. Leidos Holdings, Inc. has a 1 year low of $76.58 and a 1 year high of $143.35. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.35 and a quick ratio of 1.24.

Leidos (NYSE:LDOS - Get Free Report) last announced its quarterly earnings results on Tuesday, April 30th. The aerospace company reported $2.29 EPS for the quarter, topping the consensus estimate of $1.70 by $0.59. Leidos had a net margin of 2.04% and a return on equity of 25.66%. The firm had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.82 billion. During the same period last year, the business earned $1.47 EPS. Leidos's revenue for the quarter was up 7.5% compared to the same quarter last year. Equities research analysts forecast that Leidos Holdings, Inc. will post 8.6 EPS for the current year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a $0.38 dividend. The ex-dividend date is Friday, June 14th. This represents a $1.52 dividend on an annualized basis and a yield of 1.07%. Leidos's dividend payout ratio is presently 65.52%.

Wall Street Analysts Forecast Growth

LDOS has been the subject of a number of recent research reports. TheStreet upgraded shares of Leidos from a "c" rating to a "b" rating in a report on Tuesday, February 13th. Wells Fargo & Company increased their price objective on shares of Leidos from $137.00 to $147.00 and gave the company an "overweight" rating in a report on Thursday, April 4th. Argus increased their price objective on shares of Leidos from $120.00 to $145.00 and gave the company a "buy" rating in a report on Wednesday, March 20th. Robert W. Baird increased their price objective on shares of Leidos from $145.00 to $180.00 and gave the company an "outperform" rating in a report on Wednesday. Finally, Bank of America increased their price objective on shares of Leidos from $125.00 to $145.00 and gave the company a "buy" rating in a report on Wednesday, March 27th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $141.17.

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.