Aigen Investment Management LP Makes New $685,000 Investment in Leidos Holdings, Inc. (NYSE:LDOS)

Aigen Investment Management LP purchased a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,753 shares of the aerospace company's stock, valued at approximately $685,000.

Other large investors also recently made changes to their positions in the company. Rakuten Securities Inc. boosted its holdings in Leidos by 1,460.0% in the third quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company's stock valued at $25,000 after purchasing an additional 146 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of Leidos during the third quarter worth approximately $29,000. Duncker Streett & Co. Inc. bought a new position in Leidos in the 4th quarter valued at about $27,000. Berbice Capital Management LLC acquired a new position in shares of Leidos during the 4th quarter valued at $29,000. Finally, Mather Group LLC. lifted 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 during the last quarter. Institutional investors and hedge funds own 76.12% of the company's stock.

Leidos Price Performance

LDOS traded down $2.07 during trading on Monday, reaching $137.17. 2,016,582 shares of the company were exchanged, compared to its average volume of 1,600,415. The company's 50-day moving average is $141.41 and its two-hundred day moving average is $155.74. The company has a market cap of $17.99 billion, a price-to-earnings ratio of 14.84, a P/E/G ratio of 1.65 and a beta of 0.72. Leidos Holdings, Inc. has a 12-month low of $123.22 and a 12-month high of $202.90. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91.

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Leidos (NYSE:LDOS - Get Free Report) last posted its quarterly earnings data 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 net margin of 7.53% and a return on equity of 30.93%. Research analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.17%. Leidos's dividend payout ratio is presently 17.32%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on LDOS. Cantor Fitzgerald raised shares of Leidos to a "strong-buy" rating in a research note on Tuesday, February 25th. TD Cowen lowered shares of Leidos from a "buy" rating to a "hold" rating and lowered their target price for the company from $200.00 to $165.00 in a research note on Wednesday, January 8th. UBS Group dropped their price target on Leidos from $162.00 to $156.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 12th. William Blair cut shares of Leidos from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Finally, Truist Financial dropped their price objective on shares of Leidos from $185.00 to $165.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th. Six research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $175.87.

Insider Activity at Leidos

In other Leidos news, Director Gary Stephen May sold 2,128 shares of the business's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total transaction of $279,278.72. Following the completion of the sale, the director now owns 11,264 shares of the company's stock, valued at approximately $1,478,287.36. The trade was a 15.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $134.56, for a total transaction of $203,320.16. Following the completion of the sale, the director now directly owns 6,408 shares of the company's stock, valued at approximately $862,260.48. This trade represents a 19.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

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.