Leidos Holdings, Inc. (NYSE:LDOS) Shares Bought by Lbp Am Sa

LBP AM SA increased its position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 54.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,665 shares of the aerospace company's stock after purchasing an additional 7,665 shares during the quarter. LBP AM SA's holdings in Leidos were worth $3,121,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of LDOS. Duncker Streett & Co. Inc. bought a new stake in Leidos during the 4th quarter valued at $27,000. Berbice Capital Management LLC bought a new stake in Leidos during the 4th quarter valued at $29,000. Mather Group LLC. boosted its position in Leidos by 143.1% during the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock valued at $38,000 after acquiring an additional 156 shares in the last quarter. Human Investing LLC bought a new stake in Leidos during the 4th quarter valued at $52,000. Finally, Vision Financial Markets LLC bought a new stake in Leidos during the 4th quarter valued at $57,000. Institutional investors own 76.12% of the company's stock.

Leidos Stock Performance

Shares of NYSE LDOS traded down $3.80 during trading on Thursday, reaching $134.80. 1,943,520 shares of the company traded hands, compared to its average volume of 1,069,494. The firm's fifty day simple moving average is $139.91 and its 200 day simple moving average is $154.62. The stock has a market cap of $17.28 billion, a P/E ratio of 14.59, a PEG ratio of 1.65 and a beta of 0.72. Leidos Holdings, Inc. has a 12-month low of $123.23 and a 12-month 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.

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Leidos (NYSE:LDOS - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share for the quarter, beating 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%. As a group, research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date is Friday, March 14th. Leidos's dividend payout ratio (DPR) is presently 17.32%.

Insider Activity

In other news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the firm's stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $134.56, for a total transaction of $203,320.16. Following 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 completion of the sale, the director now owns 11,264 shares in the company, valued at approximately $1,478,287.36. The trade was a 15.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.96% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. The Goldman Sachs Group cut Leidos from a "buy" rating to a "neutral" rating and dropped their target price for the company from $228.00 to $153.00 in a research report on Thursday, December 12th. Truist Financial dropped their target price on Leidos from $185.00 to $165.00 and set a "buy" rating on the stock in a research report on Wednesday, February 12th. William Blair lowered Leidos from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. TD Cowen lowered Leidos from a "buy" rating to a "hold" rating and decreased their price objective for the company from $200.00 to $165.00 in a report on Wednesday, January 8th. Finally, Wells Fargo & Company decreased their price objective on Leidos from $197.00 to $191.00 and set an "overweight" rating for the company in a report on Wednesday, February 26th. Six analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $175.87.

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.