Schonfeld Strategic Advisors LLC Raises Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Schonfeld Strategic Advisors LLC boosted its holdings in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 139.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,537 shares of the aerospace company's stock after purchasing an additional 23,053 shares during the quarter. Schonfeld Strategic Advisors LLC's holdings in Leidos were worth $5,696,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Marshall & Sterling Wealth Advisors Inc. bought a new stake in Leidos in the 4th quarter worth approximately $25,000. Duncker Streett & Co. Inc. purchased a new position in shares of Leidos in the fourth quarter valued at $27,000. Berbice Capital Management LLC bought a new stake in Leidos in the fourth quarter worth $29,000. Mather Group LLC. raised its stake in Leidos by 143.1% during 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. Finally, Human Investing LLC bought a new position in Leidos during the fourth quarter valued at $52,000. 76.12% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Leidos news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the company'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 sale, the director now owns 6,408 shares in the company, valued at approximately $862,260.48. This represents a 19.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Gary Stephen May sold 2,128 shares of the firm's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total transaction 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 represents a 15.89 % decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

LDOS has been the topic of a number of research reports. Wells Fargo & Company decreased their target price on shares of Leidos from $191.00 to $173.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. 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 report on Tuesday, February 25th. Truist Financial lowered their price target on Leidos from $165.00 to $155.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, UBS Group cut their price objective on shares of Leidos from $162.00 to $156.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 12th. Five investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $179.23.

Leidos Stock Down 0.6 %

Shares of LDOS stock traded down $0.92 during mid-day trading on Monday, hitting $147.87. The stock had a trading volume of 1,814,671 shares, compared to its average volume of 1,200,512. The firm's 50-day moving average is $137.81 and its two-hundred day moving average is $149.71. The firm has a market capitalization of $18.96 billion, a P/E ratio of 16.00, a price-to-earnings-growth ratio of 1.65 and a beta of 0.66. Leidos Holdings, Inc. has a 12-month low of $123.62 and a 12-month high of $202.90. 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 (NYSE:LDOS - Get Free Report) last issued its earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.24 by $0.13. Leidos had a return on equity of 30.93% and a net margin of 7.53%. On average, analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a $0.40 dividend. The ex-dividend date is Monday, June 16th. This represents a $1.60 dividend on an annualized basis and a yield of 1.08%. Leidos's dividend payout ratio is currently 17.32%.

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.