Tredje AP fonden Has $1.47 Million Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Tredje AP fonden decreased its position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 50.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,169 shares of the aerospace company's stock after selling 10,169 shares during the quarter. Tredje AP fonden's holdings in Leidos were worth $1,465,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of LDOS. Atria Investments Inc lifted its holdings in Leidos by 100.1% in the third quarter. Atria Investments Inc now owns 8,837 shares of the aerospace company's stock worth $1,440,000 after purchasing an additional 4,421 shares during the period. Ashton Thomas Securities LLC acquired a new stake in Leidos in the third quarter worth about $29,000. Venturi Wealth Management LLC lifted its holdings in Leidos by 94.8% in the third quarter. Venturi Wealth Management LLC now owns 528 shares of the aerospace company's stock worth $86,000 after purchasing an additional 257 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Leidos by 0.7% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 350,806 shares of the aerospace company's stock worth $57,181,000 after purchasing an additional 2,367 shares during the period. Finally, Empower Advisory Group LLC acquired a new stake in Leidos in the third quarter worth about $244,000. Institutional investors and hedge funds own 76.12% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. The Goldman Sachs Group downgraded shares of Leidos from a "buy" rating to a "neutral" rating and reduced their price objective for the stock from $228.00 to $153.00 in a report on Thursday, December 12th. UBS Group dropped their price target on shares of Leidos from $162.00 to $156.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 12th. Wells Fargo & Company dropped their price target on shares of Leidos from $197.00 to $191.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 26th. TD Cowen cut shares of Leidos from a "buy" rating to a "hold" rating and dropped their price target for the stock from $200.00 to $165.00 in a research report on Wednesday, January 8th. Finally, Truist Financial dropped their price target on shares of Leidos from $185.00 to $165.00 and set a "buy" rating on the stock in a research report on Wednesday, February 12th. Six research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $175.87.

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Leidos Stock Down 0.0 %

Shares of LDOS traded down $0.05 during trading hours on Wednesday, reaching $138.61. The company's stock had a trading volume of 1,408,832 shares, compared to its average volume of 1,064,805. The firm has a market cap of $17.77 billion, a price-to-earnings ratio of 15.00, a P/E/G ratio of 1.65 and a beta of 0.72. Leidos Holdings, Inc. has a 1-year low of $123.23 and a 1-year high of $202.90. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. The company has a 50 day moving average of $140.05 and a two-hundred day moving average of $154.74.

Leidos (NYSE:LDOS - Get Free Report) last issued its earnings results 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 predict that Leidos Holdings, Inc. will post 10.62 EPS 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 issued a $0.40 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.15%. Leidos's dividend payout ratio is 17.32%.

Insider Activity at Leidos

In related news, Director Gary Stephen May sold 2,128 shares of the business's stock in a transaction that occurred on 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 of the company's stock, valued at approximately $1,478,287.36. The trade was a 15.89 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the business's 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 of the company's stock, valued at approximately $862,260.48. The trade was 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 company insiders.

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.