Leidos Holdings, Inc. (NYSE:LDOS) Shares Sold by Barclays PLC

Barclays PLC cut its stake in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 35.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 371,483 shares of the aerospace company's stock after selling 204,539 shares during the period. Barclays PLC owned about 0.28% of Leidos worth $53,516,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Townsquare Capital LLC raised its holdings in Leidos by 41.7% in the fourth quarter. Townsquare Capital LLC now owns 1,980 shares of the aerospace company's stock valued at $285,000 after acquiring an additional 583 shares in the last quarter. Manhattan West Asset Management LLC lifted its position in shares of Leidos by 2.5% during the 4th quarter. Manhattan West Asset Management LLC now owns 28,219 shares of the aerospace company's stock worth $4,065,000 after purchasing an additional 691 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in Leidos by 17.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 33,440 shares of the aerospace company's stock valued at $4,817,000 after buying an additional 5,078 shares during the last quarter. Petros Family Wealth LLC purchased a new stake in Leidos during the fourth quarter worth approximately $521,000. Finally, Sterling Capital Management LLC boosted its holdings in Leidos by 29.5% in the fourth quarter. Sterling Capital Management LLC now owns 12,129 shares of the aerospace company's stock valued at $1,747,000 after purchasing an additional 2,765 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on LDOS shares. Truist Financial lowered their target price on shares of Leidos from $165.00 to $155.00 and set a "buy" rating for the company in a report on Monday, April 14th. Cantor Fitzgerald raised Leidos to a "strong-buy" rating in a report on Tuesday, February 25th. William Blair downgraded Leidos from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. TD Cowen cut Leidos from a "buy" rating to a "hold" rating and reduced their price objective for the company from $200.00 to $165.00 in a research note on Wednesday, January 8th. Finally, StockNews.com lowered shares of Leidos from a "strong-buy" rating to a "buy" rating in a research report on Friday, April 11th. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Leidos presently has a consensus rating of "Moderate Buy" and an average price target of $179.23.

Insiders Place Their Bets

In other Leidos news, 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 sale, the director now owns 6,408 shares in the company, valued at approximately $862,260.48. This represents a 19.08 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gary Stephen May sold 2,128 shares of the company's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total value of $279,278.72. Following the completion of the sale, the director now owns 11,264 shares in the company, valued at $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. 0.96% of the stock is owned by company insiders.

Leidos Price Performance

Shares of LDOS traded up $2.28 during mid-day trading on Tuesday, hitting $140.52. The company's stock had a trading volume of 161,974 shares, compared to its average volume of 1,623,714. The firm has a 50-day simple moving average of $135.06 and a 200 day simple moving average of $151.07. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $202.90. The firm has a market capitalization of $18.02 billion, a P/E ratio of 15.21, a P/E/G ratio of 1.65 and a beta of 0.66. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91.

Leidos (NYSE:LDOS - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share (EPS) for the quarter, beating 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%. Analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend was Friday, March 14th. Leidos's payout ratio is currently 17.32%.

About Leidos

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.