Capital Fund Management S.A. Purchases 38,581 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Capital Fund Management S.A. raised its position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 48.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 117,769 shares of the aerospace company's stock after purchasing an additional 38,581 shares during the quarter. Capital Fund Management S.A. owned approximately 0.09% of Leidos worth $16,966,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Duncker Streett & Co. Inc. bought a new stake in Leidos during the fourth quarter valued at $27,000. Berbice Capital Management LLC acquired a new position in shares of Leidos in the 4th quarter valued at about $29,000. Mather Group LLC. boosted its position in shares of Leidos by 143.1% during the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock valued at $38,000 after purchasing an additional 156 shares in the last quarter. Human Investing LLC acquired a new stake in Leidos during the fourth quarter worth approximately $52,000. Finally, Vision Financial Markets LLC bought a new stake in Leidos in the fourth quarter worth approximately $57,000. Institutional investors and hedge funds own 76.12% of the company's stock.

Insider Buying and Selling at Leidos

In other Leidos 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 sale, the director now owns 6,408 shares of the company's stock, valued at $862,260.48. This trade represents a 19.08 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Gary Stephen May sold 2,128 shares of the company's stock in a transaction that occurred on 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 transaction, the director now owns 11,264 shares in the company, valued at approximately $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. Insiders own 0.96% of the company's stock.

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Leidos Stock Performance

LDOS stock traded down $1.49 during mid-day trading on Tuesday, hitting $141.50. The company had a trading volume of 1,453,699 shares, compared to its average volume of 1,202,705. Leidos Holdings, Inc. has a 12 month low of $123.23 and a 12 month high of $202.90. The stock's fifty day moving average price is $135.08 and its two-hundred day moving average price is $151.95. The firm has a market cap of $18.14 billion, a PE ratio of 15.31, a price-to-earnings-growth 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.

Leidos (NYSE:LDOS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 EPS for the quarter, beating the consensus estimate of $2.24 by $0.13. Leidos had a return on equity of 30.93% and a net margin of 7.53%. On average, analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share 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 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend was Friday, March 14th. Leidos's dividend payout ratio is currently 17.32%.

Analysts Set New Price Targets

A number of research firms have issued reports on LDOS. TD Cowen downgraded shares of Leidos from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $200.00 to $165.00 in a research report on Wednesday, January 8th. Cantor Fitzgerald upgraded shares of Leidos to a "strong-buy" rating in a report on Tuesday, February 25th. William Blair lowered shares of Leidos from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Wells Fargo & Company reduced 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. Finally, 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 note on Wednesday, February 12th. Five research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $179.23.

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.