Leidos Holdings, Inc. (NYSE:LDOS) Shares Acquired by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC increased its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOSFree Report) by 79.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,133 shares of the aerospace company’s stock after purchasing an additional 1,836 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Leidos were worth $458,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pzena Investment Management LLC lifted its holdings in shares of 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 lifted its stake in Leidos by 36.1% in the third quarter. FMR LLC now owns 1,808,666 shares of the aerospace company’s stock valued at $166,687,000 after buying an additional 479,906 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of Leidos by 6.2% in the third 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 during the period. International Assets Investment Management LLC purchased a new position in shares of Leidos during the fourth quarter worth approximately $18,976,000. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of 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 valued at $280,554,000 after acquiring an additional 169,351 shares during the period. 76.12% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

LDOS has been the subject of a number of research reports. StockNews.com raised shares of Leidos from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 4th. Bank of America increased their price objective on Leidos from $125.00 to $145.00 and gave the stock a “buy” rating in a research report on Wednesday, March 27th. Truist Financial reissued a “buy” rating and issued a $165.00 target price (up previously from $150.00) on shares of Leidos in a report on Wednesday, May 1st. Stifel Nicolaus increased their price target on Leidos from $138.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Finally, Wells Fargo & Company boosted their price objective on shares of Leidos from $137.00 to $147.00 and gave the company an “overweight” rating in a research note on Thursday, April 4th. Two research 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 data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $145.67.

Get Our Latest Report on Leidos

Leidos Trading Up 0.8 %

Shares of LDOS opened at $148.67 on Friday. Leidos Holdings, Inc. has a twelve month low of $77.49 and a twelve month high of $148.73. The company has a current ratio of 1.35, a quick ratio of 1.24 and a debt-to-equity ratio of 1.07. The firm has a market capitalization of $20.10 billion, a P/E ratio of 64.08, a PEG ratio of 1.55 and a beta of 0.66. The firm’s 50-day moving average is $132.72 and its two-hundred day moving average is $119.11.

Leidos (NYSE:LDOSGet Free Report) last released its quarterly earnings results on Tuesday, April 30th. The aerospace company reported $2.29 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.59. The business had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.82 billion. Leidos had a return on equity of 25.66% and a net margin of 2.04%. The company’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.47 EPS. On average, research analysts predict that Leidos Holdings, Inc. will post 8.59 earnings per share for the current fiscal year.

Leidos Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be given a $0.38 dividend. The ex-dividend date is Friday, June 14th. This represents a $1.52 annualized dividend and a dividend yield of 1.02%. Leidos’s dividend payout ratio is presently 65.52%.

Insider Activity at Leidos

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

Leidos Profile

(Free Report)

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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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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