Guidance Capital Inc. Purchases New Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Guidance Capital Inc. bought a new position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 5,487 shares of the aerospace company's stock, valued at approximately $799,000.

Several other institutional investors and hedge funds have also bought and sold shares of LDOS. Sanctuary Advisors LLC purchased a new stake in Leidos in the 2nd quarter worth approximately $2,017,000. Czech National Bank raised its position in shares of Leidos by 6.5% during the 3rd quarter. Czech National Bank now owns 27,442 shares of the aerospace company's stock valued at $4,473,000 after buying an additional 1,676 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Leidos by 42.2% during the 3rd quarter. GAMMA Investing LLC now owns 1,146 shares of the aerospace company's stock valued at $187,000 after buying an additional 340 shares in the last quarter. Diversified Trust Co purchased a new stake in shares of Leidos during the 3rd quarter valued at $979,000. Finally, Fulton Bank N.A. raised its position in shares of Leidos by 3.2% during the 3rd quarter. Fulton Bank N.A. now owns 3,358 shares of the aerospace company's stock valued at $547,000 after buying an additional 105 shares in the last quarter. 76.12% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Noel B. Geer bought 2,000 shares of the company's stock in a transaction dated Wednesday, November 20th. The stock was purchased at an average cost of $161.13 per share, with a total value of $322,260.00. Following the transaction, the director now owns 2,000 shares in the company, valued at approximately $322,260. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.96% of the company's stock.

Leidos Trading Up 1.1 %

Leidos stock traded up $1.52 during trading hours on Friday, reaching $142.34. The stock had a trading volume of 1,215,689 shares, compared to its average volume of 1,277,481. The stock has a market cap of $18.99 billion, a PE ratio of 16.21, a PEG ratio of 0.92 and a beta of 0.66. Leidos Holdings, Inc. has a 52 week low of $112.53 and a 52 week high of $202.90. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.23 and a quick ratio of 1.15. The company has a fifty day simple moving average of $149.74 and a 200-day simple moving average of $157.71.

Leidos Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.12%. Leidos's dividend payout ratio (DPR) is presently 18.22%.

Analyst Ratings Changes

Several research firms have recently weighed in on LDOS. UBS Group began coverage on shares of Leidos in a research report on Monday, December 2nd. They set a "neutral" rating and a $182.00 price objective on the stock. Robert W. Baird raised their price objective on shares of Leidos from $180.00 to $218.00 and gave the company an "outperform" rating in a research report on Wednesday, October 30th. Truist Financial lowered their price objective on shares of Leidos from $205.00 to $185.00 and set a "buy" rating on the stock in a research report on Friday, November 22nd. Wells Fargo & Company lowered their price objective on shares of Leidos from $205.00 to $199.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 8th. Finally, Citigroup increased their target price on shares of Leidos from $194.00 to $220.00 and gave the company a "buy" rating in a report on Wednesday, October 30th. Five analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, Leidos presently has a consensus rating of "Moderate Buy" and an average price target of $179.47.

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.