denkapparat Operations GmbH Purchases New Position in Leidos Holdings, Inc. (NYSE:LDOS)

denkapparat Operations GmbH acquired a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,920 shares of the aerospace company's stock, valued at approximately $277,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Duncker Streett & Co. Inc. purchased a new stake in shares of Leidos during the 4th quarter valued at about $27,000. Berbice Capital Management LLC purchased a new stake in Leidos during the fourth quarter valued at approximately $29,000. Mather Group LLC. raised its position in Leidos by 143.1% in the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock worth $38,000 after acquiring an additional 156 shares during the period. Human Investing LLC purchased a new position in shares of Leidos during the 4th quarter worth $52,000. Finally, Vision Financial Markets LLC bought a new stake in shares of Leidos during the 4th quarter valued at $57,000. Hedge funds and other institutional investors own 76.12% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on LDOS shares. StockNews.com downgraded Leidos from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 8th. Wells Fargo & Company reduced their target price 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. UBS Group lowered their price target on shares of Leidos from $162.00 to $156.00 and set a "neutral" rating on the stock in a report on Wednesday, February 12th. Truist Financial reduced their price objective on shares of Leidos from $185.00 to $165.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th. Finally, TD Cowen cut shares of Leidos from a "buy" rating to a "hold" rating and lowered their target price for the company from $200.00 to $165.00 in a research note on Wednesday, January 8th. Six analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Leidos currently has a consensus rating of "Moderate Buy" and a consensus target price of $178.07.

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Insider Buying and Selling

In related news, Director Robert C. Kovarik, Jr. sold 1,511 shares of Leidos stock in a transaction that occurred on Thursday, February 13th. The shares were 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 in the company, valued at $862,260.48. This trade represents a 19.08 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Gary Stephen May sold 2,128 shares of Leidos 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 sale, the director now directly owns 11,264 shares of the company's stock, valued at approximately $1,478,287.36. This represents a 15.89 % decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

Leidos Price Performance

Shares of Leidos stock traded up $0.43 during trading hours on Tuesday, reaching $135.37. The company's stock had a trading volume of 331,459 shares, compared to its average volume of 1,143,816. The stock has a market cap of $17.36 billion, a P/E ratio of 14.64, a P/E/G ratio of 1.65 and a beta of 0.72. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.21 and a quick ratio of 1.13. The firm has a 50 day moving average price of $137.11 and a 200-day moving average price of $153.52. Leidos Holdings, Inc. has a one year low of $123.23 and a one year high of $202.90.

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, topping the consensus estimate of $2.24 by $0.13. Leidos had a net margin of 7.53% and a return on equity of 30.93%. On average, analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The firm 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 of this dividend was Friday, March 14th. This represents a $1.60 annualized dividend and a dividend yield of 1.18%. Leidos's payout ratio is 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.