Callan Family Office LLC Takes $291,000 Position in Leidos Holdings, Inc. (NYSE:LDOS)

Callan Family Office LLC acquired 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 filing with the SEC. The firm acquired 2,023 shares of the aerospace company's stock, valued at approximately $291,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Verdence Capital Advisors LLC boosted its position in Leidos by 4.8% in the 4th quarter. Verdence Capital Advisors LLC now owns 1,680 shares of the aerospace company's stock worth $242,000 after purchasing an additional 77 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Leidos by 20.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 454 shares of the aerospace company's stock valued at $65,000 after purchasing an additional 77 shares during the period. Fifth Third Bancorp boosted its holdings in Leidos by 3.2% during the fourth quarter. Fifth Third Bancorp now owns 2,738 shares of the aerospace company's stock worth $394,000 after buying an additional 86 shares in the last quarter. Contravisory Investment Management Inc. boosted its holdings in Leidos by 2.0% during the fourth quarter. Contravisory Investment Management Inc. now owns 4,796 shares of the aerospace company's stock worth $691,000 after buying an additional 95 shares in the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. grew its position in Leidos by 2.0% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,197 shares of the aerospace company's stock valued at $749,000 after buying an additional 100 shares during the period. Institutional investors and hedge funds own 76.12% of the company's stock.

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Analyst Upgrades and Downgrades

LDOS has been the topic of several recent analyst reports. Truist Financial lowered their target price on shares of Leidos from $185.00 to $165.00 and set a "buy" rating on the stock in a research note on Wednesday, February 12th. William Blair lowered Leidos from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. UBS Group decreased their target price on Leidos from $162.00 to $156.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 12th. TD Cowen cut shares of Leidos from a "buy" rating to a "hold" rating and dropped their price target for the company from $200.00 to $165.00 in a research note on Wednesday, January 8th. Finally, Wells Fargo & Company cut their price target on shares of Leidos from $197.00 to $191.00 and set an "overweight" rating for the company in a report on Wednesday, February 26th. Six investment 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.com, Leidos currently has a consensus rating of "Moderate Buy" and an average target price of $175.87.

Insider Activity

In other news, Director Robert C. Kovarik, Jr. sold 1,511 shares of Leidos stock in a transaction on 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 sale, the director now directly owns 6,408 shares of the company's stock, valued at approximately $862,260.48. The trade was a 19.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Gary Stephen May sold 2,128 shares of the 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 directly owns 11,264 shares in the company, valued at approximately $1,478,287.36. The trade was a 15.89 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.96% of the company's stock.

Leidos Trading Up 1.3 %

Shares of LDOS traded up $1.73 during midday trading on Friday, reaching $134.59. The company had a trading volume of 803,945 shares, compared to its average volume of 1,063,178. The firm has a 50 day simple moving average of $140.67 and a 200-day simple moving average of $155.17. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. The stock has a market cap of $17.65 billion, a PE ratio of 14.57, a price-to-earnings-growth ratio of 1.65 and a beta of 0.72. Leidos Holdings, Inc. has a 1-year low of $123.23 and a 1-year high of $202.90.

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

Leidos Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend is Friday, March 14th. Leidos's dividend payout ratio 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.