Leidos Holdings, Inc. (NYSE:LDOS) Stock Holdings Lessened by Braun Stacey Associates Inc.

Braun Stacey Associates Inc. reduced its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 4.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 180,569 shares of the aerospace company’s stock after selling 7,478 shares during the quarter. Leidos accounts for 1.1% of Braun Stacey Associates Inc.’s investment portfolio, making the stock its 23rd biggest holding. Braun Stacey Associates Inc.’s holdings in Leidos were worth $29,433,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in LDOS. Swiss National Bank boosted its holdings in Leidos by 0.3% in the third quarter. Swiss National Bank now owns 381,300 shares of the aerospace company’s stock worth $62,152,000 after purchasing an additional 1,200 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of Leidos by 4.2% during the third quarter. Thrivent Financial for Lutherans now owns 86,817 shares of the aerospace company’s stock valued at $14,152,000 after buying an additional 3,466 shares during the last quarter. Empirical Finance LLC raised its position in Leidos by 2.3% in the third quarter. Empirical Finance LLC now owns 4,492 shares of the aerospace company’s stock worth $732,000 after purchasing an additional 103 shares in the last quarter. CIBC Asset Management Inc raised its position in Leidos by 10.7% in the third quarter. CIBC Asset Management Inc now owns 20,195 shares of the aerospace company’s stock worth $3,292,000 after purchasing an additional 1,957 shares in the last quarter. Finally, OneDigital Investment Advisors LLC raised its position in Leidos by 82.1% in the third quarter. OneDigital Investment Advisors LLC now owns 5,359 shares of the aerospace company’s stock worth $874,000 after purchasing an additional 2,416 shares in the last quarter. 76.12% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Leidos

In other Leidos news, Director Surya N. Mohapatra sold 2,748 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $194.97, for a total transaction of $535,777.56. Following the completion of the sale, the director now directly owns 20,001 shares of the company’s stock, valued at $3,899,594.97. This trade represents a 12.08 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert C. Kovarik, Jr. sold 1,047 shares of the stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $184.94, for a total transaction of $193,632.18. Following the sale, the director now directly owns 6,408 shares of the company’s stock, valued at approximately $1,185,095.52. This trade represents a 14.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.96% of the company’s stock.

Leidos Stock Down 4.4 %

Shares of NYSE LDOS opened at $160.65 on Monday. The company has a current ratio of 1.23, a quick ratio of 1.15 and a debt-to-equity ratio of 0.87. Leidos Holdings, Inc. has a 12 month low of $104.63 and a 12 month high of $202.90. The firm has a market capitalization of $21.44 billion, a PE ratio of 18.30, a price-to-earnings-growth ratio of 1.08 and a beta of 0.68. The firm has a fifty day simple moving average of $169.55 and a two-hundred day simple moving average of $155.56.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, October 29th. The aerospace company reported $2.93 EPS for the quarter, beating the consensus estimate of $1.96 by $0.97. The company had revenue of $4.19 billion for the quarter, compared to the consensus estimate of $4.06 billion. Leidos had a net margin of 7.37% and a return on equity of 30.31%. Leidos’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm posted $2.03 EPS. Equities analysts expect that Leidos Holdings, Inc. will post 10.07 earnings per share for the current year.

Leidos Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Monday, December 16th. This is a boost from Leidos’s previous quarterly dividend of $0.38. Leidos’s dividend payout ratio is 17.31%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. TD Cowen raised their price objective on shares of Leidos from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Royal Bank of Canada increased their target price on shares of Leidos from $145.00 to $180.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 30th. Wells Fargo & Company increased their target price on shares of Leidos from $183.00 to $230.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Citigroup raised their price objective on shares of Leidos from $194.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Finally, Barclays lifted their price target on shares of Leidos from $165.00 to $210.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Two analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $191.23.

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.