Bridgewater Associates LP Has $26.86 Million Stock Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Bridgewater Associates LP raised its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 32.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 186,472 shares of the aerospace company's stock after purchasing an additional 45,912 shares during the quarter. Bridgewater Associates LP owned 0.14% of Leidos worth $26,863,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of LDOS. Barclays PLC increased its position in shares of Leidos by 53.1% during the 3rd quarter. Barclays PLC now owns 576,022 shares of the aerospace company's stock worth $93,891,000 after purchasing an additional 199,686 shares in the last quarter. Morse Asset Management Inc raised its stake in shares of Leidos by 92.0% in the third quarter. Morse Asset Management Inc now owns 5,175 shares of the aerospace company's stock valued at $844,000 after acquiring an additional 2,480 shares during the last quarter. World Investment Advisors LLC boosted its holdings in shares of Leidos by 18.3% in the 3rd quarter. World Investment Advisors LLC now owns 3,395 shares of the aerospace company's stock worth $553,000 after acquiring an additional 526 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Leidos during the 3rd quarter valued at $311,000. Finally, Tidal Investments LLC raised its position in Leidos by 16.7% in the 3rd quarter. Tidal Investments LLC now owns 13,191 shares of the aerospace company's stock valued at $2,150,000 after purchasing an additional 1,883 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors.

Insider Transactions at Leidos

In other news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the firm's stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $134.56, for a total value of $203,320.16. Following the completion of the transaction, the director now owns 6,408 shares in the company, valued at $862,260.48. This trade represents a 19.08 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gary Stephen May sold 2,128 shares of the stock in a transaction that occurred 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 transaction, the director now directly owns 11,264 shares of the company's stock, valued at $1,478,287.36. This trade represents a 15.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.69% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on LDOS shares. Wells Fargo & Company lowered their target price on Leidos from $191.00 to $173.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. William Blair downgraded shares of Leidos from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Cantor Fitzgerald raised shares of Leidos to a "strong-buy" rating in a report on Tuesday, February 25th. Truist Financial decreased their price objective on Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, UBS Group cut their price target on Leidos from $162.00 to $156.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 12th. Five investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $179.23.

Leidos Trading Down 0.5 %

NYSE:LDOS traded down $0.69 on Monday, reaching $138.73. The company's stock had a trading volume of 115,535 shares, compared to its average volume of 1,207,613. The firm has a market cap of $17.79 billion, a PE ratio of 15.01, a PEG ratio of 1.65 and a beta of 0.66. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.13 and a current ratio of 1.21. The business's 50-day moving average price is $135.03 and its two-hundred day moving average price is $151.26. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $202.90.

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 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%. Equities research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were issued a $0.40 dividend. The ex-dividend date was 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 17.32%.

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.