Leidos Holdings, Inc. (NYSE:LDOS) Shares Bought by Cwm LLC

Cwm LLC grew its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 29.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,900 shares of the aerospace company’s stock after purchasing an additional 434 shares during the quarter. Cwm LLC’s holdings in Leidos were worth $206,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Pzena Investment Management LLC raised its stake in Leidos by 320.1% in the 3rd quarter. Pzena Investment Management LLC now owns 1,246,768 shares of the aerospace company’s stock valued at $114,902,000 after purchasing an additional 949,955 shares during the last quarter. FMR LLC boosted its position in Leidos by 36.1% during the third quarter. FMR LLC now owns 1,808,666 shares of the aerospace company’s stock worth $166,687,000 after acquiring an additional 479,906 shares during the last quarter. Wellington Management Group LLP grew its stake in Leidos by 6.2% during the 3rd quarter. Wellington Management Group LLP now owns 4,660,386 shares of the aerospace company’s stock valued at $429,501,000 after acquiring an additional 272,090 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Leidos in the 4th quarter valued at about $18,976,000. Finally, Massachusetts Financial Services Co. MA lifted its stake in Leidos by 5.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,044,206 shares of the aerospace company’s stock worth $280,554,000 after purchasing an additional 169,351 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insider Transactions at Leidos

In related news, Director David G. Fubini sold 7,874 shares of Leidos stock in a transaction that occurred 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 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 is available at the SEC website. In other Leidos news, Director Gary Stephen May sold 2,745 shares of the stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $124.49, for a total value of $341,725.05. Following the sale, the director now 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 Securities & Exchange Commission, which is available through the SEC website. Also, Director David G. Fubini sold 7,874 shares of Leidos stock in a transaction dated 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 completion of the transaction, the director now owns 14,696 shares of the company’s stock, valued at approximately $1,879,471.44. The disclosure for this sale can be found here. Corporate insiders own 0.96% of the company’s stock.

Leidos Stock Performance

NYSE:LDOS opened at $141.67 on Friday. Leidos Holdings, Inc. has a fifty-two week low of $76.58 and a fifty-two week high of $143.35. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.24 and a current ratio of 1.35. The company has a 50 day moving average price of $129.12 and a 200 day moving average price of $115.38. The stock has a market capitalization of $19.16 billion, a P/E ratio of 61.06, a PEG ratio of 1.83 and a beta of 0.66.

Leidos (NYSE:LDOS) last released 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. The business had revenue of $3.98 billion during the quarter, compared to analyst estimates of $3.82 billion. Leidos had a return on equity of 25.66% and a net margin of 2.04%. The company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the business posted $1.47 earnings per share. Equities research analysts forecast that Leidos Holdings, Inc. will post 8.36 EPS for the current year.

Leidos Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.38 per share. The ex-dividend date of this dividend 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 (DPR) is presently 65.52%.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Jefferies Financial Group increased their price target on Leidos from $130.00 to $135.00 and gave the company a “hold” rating in a report on Wednesday, April 10th. StockNews.com upgraded Leidos from a “buy” rating to a “strong-buy” rating in a report on Saturday. Argus upped 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. Royal Bank of Canada raised their price objective on shares of Leidos from $120.00 to $140.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Finally, Truist Financial reiterated a “buy” rating and issued a $165.00 target price (up from $150.00) on shares of Leidos in a report on Wednesday. Two investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Leidos currently has a consensus rating of “Moderate Buy” and a consensus target price of $141.17.

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.