Leidos Holdings, Inc. (NYSE:LDOS) Stock Holdings Lifted by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC grew its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 77.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,876 shares of the aerospace company's stock after purchasing an additional 4,325 shares during the period. Integrated Wealth Concepts LLC's holdings in Leidos were worth $1,610,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Ballentine Partners LLC lifted its position in shares of Leidos by 3.5% in the third quarter. Ballentine Partners LLC now owns 1,822 shares of the aerospace company's stock valued at $297,000 after acquiring an additional 62 shares in the last quarter. Key Financial Inc boosted its stake in shares of Leidos by 6.5% during the 2nd quarter. Key Financial Inc now owns 1,141 shares of the aerospace company's stock worth $166,000 after purchasing an additional 70 shares during the last quarter. Asahi Life Asset Management CO. LTD. grew its holdings in shares of Leidos by 3.2% during the third quarter. Asahi Life Asset Management CO. LTD. now owns 2,280 shares of the aerospace company's stock worth $372,000 after buying an additional 70 shares in the last quarter. Somerset Trust Co raised its position in shares of Leidos by 3.5% in the third quarter. Somerset Trust Co now owns 2,429 shares of the aerospace company's stock valued at $396,000 after buying an additional 83 shares during the last quarter. Finally, Apella Capital LLC raised its position in shares of Leidos by 0.8% in the third quarter. Apella Capital LLC now owns 11,366 shares of the aerospace company's stock valued at $1,878,000 after buying an additional 89 shares during the last quarter. 76.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on LDOS. Barclays upped their target price on Leidos from $165.00 to $210.00 and gave the company an "overweight" rating in a research note on Monday, November 4th. TD Cowen raised their target price on shares of Leidos from $175.00 to $200.00 and gave the stock a "buy" rating in a research report on Wednesday, October 30th. The Goldman Sachs Group upped their price target on shares of Leidos from $205.00 to $228.00 and gave the stock a "buy" rating in a research report on Wednesday, October 30th. Citigroup boosted their price objective on shares of Leidos from $194.00 to $220.00 and gave the company a "buy" rating in a research note on Wednesday, October 30th. Finally, Robert W. Baird increased their target price on Leidos from $180.00 to $218.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 30th. Three equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $187.36.

Leidos Stock Down 0.4 %

Shares of Leidos stock traded down $0.61 on Friday, hitting $163.15. 976,697 shares of the company's stock traded hands, compared to its average volume of 1,726,176. The stock has a market cap of $21.77 billion, a P/E ratio of 18.58, a PEG ratio of 1.11 and a beta of 0.64. The company has a quick ratio of 1.15, a current ratio of 1.23 and a debt-to-equity ratio of 0.87. Leidos Holdings, Inc. has a 52-week low of $105.52 and a 52-week high of $202.90. The firm's 50-day moving average is $171.81 and its 200 day moving average is $157.46.

Leidos (NYSE:LDOS - Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The aerospace company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $1.96 by $0.97. Leidos had a return on equity of 30.31% and a net margin of 7.37%. The firm had revenue of $4.19 billion during the quarter, compared to analyst estimates of $4.06 billion. During the same period in the previous year, the company earned $2.03 earnings per share. Leidos's quarterly revenue was up 6.9% on a year-over-year basis. Equities analysts anticipate that Leidos Holdings, Inc. will post 10.04 earnings per share for the current year.

Leidos Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a dividend of $0.40 per share. This is a positive change from Leidos's previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Monday, December 16th. This represents a $1.60 annualized dividend and a yield of 0.98%. Leidos's payout ratio is presently 18.22%.

Insiders Place Their Bets

In other news, Director Surya N. Mohapatra sold 2,748 shares of Leidos stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $194.97, for a total transaction of $535,777.56. Following the sale, the director now owns 20,001 shares of the company's stock, valued at approximately $3,899,594.97. The trade was a 12.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Robert C. Kovarik, Jr. sold 1,047 shares of the stock in a transaction that occurred on Thursday, October 31st. The stock was sold at an average price of $184.94, for a total value of $193,632.18. Following the completion of the transaction, the director now directly owns 6,408 shares of the company's stock, valued at $1,185,095.52. This trade represents a 14.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

About Leidos

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.