10,624 Shares in Leidos Holdings, Inc. (NYSE:LDOS) Bought by CenterBook Partners LP

CenterBook Partners LP purchased a new stake in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,624 shares of the aerospace company's stock, valued at approximately $1,530,000.

A number of other hedge funds have also bought and sold shares of the business. Duncker Streett & Co. Inc. bought a new stake in shares of Leidos during the 4th quarter valued at $27,000. Berbice Capital Management LLC bought a new position in Leidos in the 4th quarter valued at about $29,000. Mather Group LLC. increased its holdings in Leidos by 143.1% in the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock valued at $38,000 after buying an additional 156 shares during the period. Human Investing LLC acquired a new position in shares of Leidos in the 4th quarter valued at approximately $52,000. Finally, Vision Financial Markets LLC acquired a new position in shares of Leidos in the 4th quarter valued at approximately $57,000. 76.12% of the stock is owned by institutional investors.

Leidos Trading Down 1.0 %

Shares of LDOS stock traded down $1.49 on Tuesday, hitting $141.50. The company had a trading volume of 1,453,699 shares, compared to its average volume of 1,647,684. The firm has a market cap of $18.14 billion, a P/E ratio of 15.31, a P/E/G ratio of 1.65 and a beta of 0.66. The stock's 50-day moving average is $135.08 and its two-hundred day moving average is $151.95. 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 Holdings, Inc. has a twelve month low of $123.22 and a twelve month high of $202.90.

Remove Ads

Leidos (NYSE:LDOS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share for the quarter, topping 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%. On average, equities research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were issued 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 payout ratio is 17.32%.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at Leidos

In related news, Director Gary Stephen May sold 2,128 shares of Leidos 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 of the company's stock, valued at approximately $1,478,287.36. This trade represents a 15.89 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the business's stock in a transaction on Thursday, February 13th. The shares were 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 of the company's stock, valued at $862,260.48. This trade represents a 19.08 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.96% of the company's stock.

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.