Jump Financial LLC Boosts Stock Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Jump Financial LLC increased its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 637.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 36,604 shares of the aerospace company's stock after acquiring an additional 31,639 shares during the quarter. Jump Financial LLC's holdings in Leidos were worth $5,273,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in Leidos by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 15,450,395 shares of the aerospace company's stock valued at $2,225,784,000 after purchasing an additional 84,003 shares during the last quarter. JPMorgan Chase & Co. raised its position in Leidos by 13.1% during the third quarter. JPMorgan Chase & Co. now owns 3,504,392 shares of the aerospace company's stock valued at $571,216,000 after purchasing an additional 405,256 shares during the period. Geode Capital Management LLC lifted its stake in shares of Leidos by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 3,393,313 shares of the aerospace company's stock valued at $487,649,000 after purchasing an additional 27,410 shares during the last quarter. Invesco Ltd. increased its position in shares of Leidos by 35.0% during the 4th quarter. Invesco Ltd. now owns 2,630,448 shares of the aerospace company's stock valued at $378,942,000 after purchasing an additional 682,532 shares during the last quarter. Finally, Norges Bank purchased a new stake in Leidos during the 4th quarter valued at $266,419,000. 76.12% of the stock is currently owned by institutional investors.

Leidos Stock Up 1.7 %

Shares of LDOS stock traded up $2.32 during trading hours on Tuesday, reaching $140.56. 196,274 shares of the company's stock were exchanged, compared to its average volume of 1,206,956. The stock has a market cap of $18.02 billion, a PE ratio of 15.22, a PEG ratio of 1.65 and a beta of 0.66. Leidos Holdings, Inc. has a 1 year low of $123.62 and a 1 year high of $202.90. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91. The stock's fifty day moving average price is $135.06 and its two-hundred day moving average price is $151.07.

Leidos (NYSE:LDOS - Get Free Report) last released its earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share (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%. Research analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.60 annualized dividend and a dividend yield of 1.14%. Leidos's dividend payout ratio (DPR) is presently 17.32%.

Analysts Set New Price Targets

LDOS has been the subject of a number of recent analyst reports. Wells Fargo & Company dropped their price target on shares of Leidos from $191.00 to $173.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. William Blair downgraded Leidos from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. UBS Group decreased their target price 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 downgraded shares of Leidos from a "buy" rating to a "hold" rating and dropped their target price for the stock from $200.00 to $165.00 in a research note on Wednesday, January 8th. Finally, StockNews.com lowered Leidos from a "strong-buy" rating to a "buy" rating in a research report on Friday, April 11th. Five equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $179.23.

Insider Activity at Leidos

In related news, Director Gary Stephen May sold 2,128 shares of the company's 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 completion of the transaction, the director now 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the 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 transaction, the director now owns 6,408 shares in the company, valued at $862,260.48. This trade represents a 19.08 % decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by 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.