2,310 Shares in Leidos Holdings, Inc. (NYSE:LDOS) Bought by MeadowBrook Investment Advisors LLC

MeadowBrook Investment Advisors LLC bought a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,310 shares of the aerospace company's stock, valued at approximately $333,000.

Several other hedge funds have also added to or reduced their stakes in the company. Rakuten Securities Inc. raised its position in shares of Leidos by 1,460.0% during the third quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company's stock worth $25,000 after purchasing an additional 146 shares during the period. Ashton Thomas Securities LLC acquired a new stake in shares of Leidos during the third quarter worth about $29,000. Berbice Capital Management LLC bought a new stake in Leidos during the fourth quarter worth about $29,000. Northwest Investment Counselors LLC bought a new stake in Leidos during the third quarter worth about $30,000. Finally, Mather Group LLC. raised its holdings in Leidos by 143.1% during the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock worth $38,000 after acquiring an additional 156 shares in the last quarter. Institutional investors own 76.12% of the company's stock.

Analyst Upgrades and Downgrades

LDOS has been the topic of several analyst reports. The Goldman Sachs Group lowered Leidos from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $228.00 to $153.00 in a report on Thursday, December 12th. TD Cowen lowered Leidos from a "buy" rating to a "hold" rating and dropped their price objective for the company from $200.00 to $165.00 in a research note on Wednesday, January 8th. UBS Group dropped their price objective on Leidos from $162.00 to $156.00 and set a "neutral" rating on the stock in a research note on Wednesday. Wells Fargo & Company dropped their price objective on Leidos from $199.00 to $197.00 and set an "overweight" rating on the stock in a research note on Wednesday. Finally, Robert W. Baird upped their price objective on Leidos from $180.00 to $218.00 and gave the company an "outperform" rating in a research note on Wednesday, October 30th. Five investment 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. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $176.27.

Leidos Price Performance

NYSE:LDOS traded up $1.57 during trading hours on Friday, reaching $132.22. 1,752,327 shares of the company were exchanged, compared to its average volume of 1,277,481. The business has a 50 day moving average of $147.55 and a 200 day moving average of $157.29. The company has a market capitalization of $17.64 billion, a P/E ratio of 15.06, a P/E/G ratio of 0.92 and a beta of 0.66. Leidos Holdings, Inc. has a 1-year low of $120.98 and a 1-year high of $202.90. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.23 and a quick ratio of 1.15.

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 30.31% and a net margin of 7.37%. Research analysts forecast that Leidos Holdings, Inc. will post 10.03 EPS for the current year.

Leidos Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date is Friday, March 14th. Leidos's dividend payout ratio is presently 18.22%.

Insider Activity

In other news, Director Noel B. Geer purchased 2,000 shares of the company's stock in a transaction dated Wednesday, November 20th. The stock was bought at an average cost of $161.13 per share, for a total transaction of $322,260.00. Following the purchase, the director now owns 2,000 shares of the company's stock, valued at approximately $322,260. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the stock in a transaction 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 transaction, the director now owns 6,408 shares of the company's stock, valued at $862,260.48. The trade was a 19.08 % 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.