3,186 Shares in Leidos Holdings, Inc. (NYSE:LDOS) Purchased by SVB Wealth LLC

SVB Wealth LLC bought a new stake in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 3,186 shares of the aerospace company's stock, valued at approximately $459,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Private Advisor Group LLC lifted its position in shares of Leidos by 83.0% in the 4th quarter. Private Advisor Group LLC now owns 8,167 shares of the aerospace company's stock worth $1,177,000 after acquiring an additional 3,703 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Leidos by 39.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,464 shares of the aerospace company's stock worth $1,800,000 after acquiring an additional 3,534 shares during the period. Fiduciary Trust Co lifted its position in shares of Leidos by 36.4% in the 3rd quarter. Fiduciary Trust Co now owns 23,941 shares of the aerospace company's stock worth $3,902,000 after acquiring an additional 6,395 shares during the period. Atria Investments Inc lifted its position in shares of Leidos by 100.1% in the 3rd quarter. Atria Investments Inc now owns 8,837 shares of the aerospace company's stock worth $1,440,000 after acquiring an additional 4,421 shares during the period. Finally, Los Angeles Capital Management LLC lifted its position in shares of Leidos by 21.4% in the 3rd quarter. Los Angeles Capital Management LLC now owns 55,165 shares of the aerospace company's stock worth $8,992,000 after acquiring an additional 9,710 shares during the period. Institutional investors and hedge funds own 76.12% of the company's stock.

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Analysts Set New Price Targets

Several research firms recently commented on LDOS. StockNews.com downgraded Leidos from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Cantor Fitzgerald upgraded Leidos to a "strong-buy" rating in a research report on Tuesday, February 25th. William Blair downgraded Leidos from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Truist Financial cut their target price on Leidos from $185.00 to $165.00 and set a "buy" rating for the company in a research report on Wednesday, February 12th. Finally, TD Cowen downgraded Leidos from a "buy" rating to a "hold" rating and cut their target price for the stock from $200.00 to $165.00 in a research report on Wednesday, January 8th. Six 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 stock. According to data from MarketBeat, Leidos has a consensus rating of "Moderate Buy" and a consensus target price of $175.87.

Insiders Place Their Bets

In other Leidos news, Director Robert C. Kovarik, Jr. sold 1,511 shares of Leidos stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $134.56, for a total transaction of $203,320.16. Following the transaction, the director now directly owns 6,408 shares in the company, valued at approximately $862,260.48. The trade was a 19.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Gary Stephen May sold 2,128 shares of Leidos stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total value of $279,278.72. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.96% of the company's stock.

Leidos Trading Up 4.8 %

Shares of Leidos stock traded up $6.43 during trading on Friday, reaching $139.49. 2,539,271 shares of the company were exchanged, compared to its average volume of 1,590,956. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. Leidos Holdings, Inc. has a twelve month low of $123.22 and a twelve month high of $202.90. The business has a 50-day moving average price of $141.41 and a 200-day moving average price of $155.66. The firm has a market capitalization of $18.30 billion, a price-to-earnings ratio of 15.10, a P/E/G ratio of 1.65 and a beta of 0.72.

Leidos (NYSE:LDOS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 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%. Sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.15%. Leidos's dividend payout ratio (DPR) is presently 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.