Inceptionr LLC Invests $858,000 in Leidos Holdings, Inc. (NYSE:LDOS)

Inceptionr LLC bought a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,924 shares of the aerospace company's stock, valued at approximately $858,000. Leidos makes up approximately 0.6% of Inceptionr LLC's portfolio, making the stock its 14th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in shares of Leidos in the 4th quarter worth approximately $18,976,000. Raymond James & Associates lifted its position in Leidos by 18.6% during the fourth quarter. Raymond James & Associates now owns 245,665 shares of the aerospace company's stock valued at $26,591,000 after buying an additional 38,496 shares during the period. Northern Trust Corp boosted its holdings in shares of Leidos by 7.8% during the 3rd quarter. Northern Trust Corp now owns 1,143,664 shares of the aerospace company's stock valued at $105,400,000 after buying an additional 82,447 shares in the last quarter. O Shaughnessy Asset Management LLC grew its position in shares of Leidos by 134.9% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 14,114 shares of the aerospace company's stock worth $1,301,000 after buying an additional 8,106 shares during the period. Finally, Creative Planning increased its stake in shares of Leidos by 15.6% in the 3rd quarter. Creative Planning now owns 95,319 shares of the aerospace company's stock worth $8,785,000 after acquiring an additional 12,839 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company's stock.

Leidos Price Performance

Shares of LDOS stock traded up $0.50 during trading hours on Tuesday, hitting $146.59. The stock had a trading volume of 786,621 shares, compared to its average volume of 909,126. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.35 and a quick ratio of 1.24. The stock has a market capitalization of $19.82 billion, a price-to-earnings ratio of 63.21, a PEG ratio of 1.54 and a beta of 0.66. Leidos Holdings, Inc. has a one year low of $76.58 and a one year high of $147.80. The stock's 50-day moving average price is $131.27 and its two-hundred day moving average price is $117.78.

Leidos (NYSE:LDOS - Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The aerospace company reported $2.29 EPS for the quarter, beating 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 business had revenue of $3.98 billion during the quarter, compared to analyst estimates of $3.82 billion. During the same quarter last year, the business earned $1.47 earnings per share. Leidos's quarterly revenue was up 7.5% compared to the same quarter last year. Equities analysts forecast that Leidos Holdings, Inc. will post 8.59 EPS for the current year.

Leidos Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Tuesday, May 14th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend is Friday, June 14th. Leidos's dividend payout ratio (DPR) is 65.52%.

Insider Transactions at Leidos

In other Leidos news, Director David G. Fubini sold 7,874 shares of the business's stock in a transaction that occurred on 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 completion of the transaction, the director now owns 14,696 shares in the company, valued at $1,879,471.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Leidos news, Director Gary Stephen May sold 2,745 shares of the business's stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $124.49, for a total value of $341,725.05. Following the completion of the sale, the director now directly owns 11,352 shares of the company's stock, valued at approximately $1,413,210.48. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director David G. Fubini sold 7,874 shares of the firm's stock in a transaction that occurred on 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 directly owns 14,696 shares in the company, valued at $1,879,471.44. The disclosure for this sale can be found here. Company insiders own 0.96% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on LDOS. Barclays raised their price target on Leidos from $145.00 to $160.00 and gave the company an "overweight" rating in a report on Monday, May 6th. Stifel Nicolaus upped their price target on Leidos from $138.00 to $160.00 and gave the company a "buy" rating in a report on Wednesday, May 1st. Bank of America lifted their price objective on Leidos from $125.00 to $145.00 and gave the stock a "buy" rating in a report on Wednesday, March 27th. Robert W. Baird upped their target price on shares of Leidos from $145.00 to $180.00 and gave the company an "outperform" rating in a research note on Wednesday, May 1st. Finally, StockNews.com upgraded shares of Leidos from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 4th. Two investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Leidos has an average rating of "Moderate Buy" and an average price target of $145.67.

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.

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