Leidos Holdings, Inc. (NYSE:LDOS) Shares Sold by Xponance Inc.

Xponance Inc. lessened its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 43.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,170 shares of the aerospace company's stock after selling 13,933 shares during the period. Xponance Inc.'s holdings in Leidos were worth $2,618,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Verdence Capital Advisors LLC grew its position in Leidos by 4.8% in the fourth quarter. Verdence Capital Advisors LLC now owns 1,680 shares of the aerospace company's stock worth $242,000 after acquiring an additional 77 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of Leidos by 20.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 454 shares of the aerospace company's stock worth $65,000 after purchasing an additional 77 shares during the period. Fifth Third Bancorp increased its position in shares of Leidos by 3.2% during the 4th quarter. Fifth Third Bancorp now owns 2,738 shares of the aerospace company's stock valued at $394,000 after purchasing an additional 86 shares during the last quarter. Contravisory Investment Management Inc. lifted its position in Leidos by 2.0% in the fourth quarter. Contravisory Investment Management Inc. now owns 4,796 shares of the aerospace company's stock worth $691,000 after buying an additional 95 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. boosted its stake in Leidos by 2.0% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,197 shares of the aerospace company's stock worth $749,000 after buying an additional 100 shares during the period. Hedge funds and other institutional investors own 76.12% of the company's stock.

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Insider Transactions at Leidos

In other news, Director Gary Stephen May sold 2,128 shares of the business's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total transaction of $279,278.72. Following the sale, the director now directly owns 11,264 shares of the company's stock, valued at $1,478,287.36. The trade was a 15.89 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the firm's stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $134.56, for a total value of $203,320.16. Following the completion of the transaction, the director now owns 6,408 shares of the company's stock, valued at $862,260.48. This trade represents a 19.08 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.96% of the company's stock.

Leidos Stock Up 0.0 %

Shares of NYSE LDOS traded up $0.04 during mid-day trading on Wednesday, reaching $136.29. 1,032,367 shares of the company were exchanged, compared to its average volume of 1,598,166. The firm has a 50-day moving average of $138.70 and a 200 day moving average of $154.03. Leidos Holdings, Inc. has a 1 year low of $123.22 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 stock has a market cap of $17.47 billion, a price-to-earnings ratio of 14.75, a P/E/G ratio of 1.65 and a beta of 0.72.

Leidos (NYSE:LDOS - Get Free Report) last released its quarterly 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 net margin of 7.53% and a return on equity of 30.93%. On average, research analysts expect that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Dividend Announcement

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 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend is Friday, March 14th. Leidos's dividend payout ratio is currently 17.32%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on LDOS shares. The Goldman Sachs Group lowered shares of Leidos from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $228.00 to $153.00 in a report on Thursday, December 12th. Wells Fargo & Company decreased their price target on Leidos from $197.00 to $191.00 and set an "overweight" rating for the company in a research note on Wednesday, February 26th. TD Cowen downgraded Leidos from a "buy" rating to a "hold" rating and cut their price objective for the company from $200.00 to $165.00 in a research report on Wednesday, January 8th. 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. Finally, Cantor Fitzgerald upgraded shares of Leidos to a "strong-buy" rating in a report on Tuesday, February 25th. Six investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Leidos has an average rating of "Moderate Buy" and a consensus price target of $178.07.

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.