Mizuho Securities USA LLC Has $1.82 Million Stock Position in Leidos Holdings, Inc. (NYSE:LDOS)

Mizuho Securities USA LLC grew its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 44.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,646 shares of the aerospace company's stock after purchasing an additional 3,911 shares during the period. Mizuho Securities USA LLC's holdings in Leidos were worth $1,822,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of LDOS. Verdence Capital Advisors LLC boosted its stake in Leidos by 4.8% in the fourth quarter. Verdence Capital Advisors LLC now owns 1,680 shares of the aerospace company's stock valued at $242,000 after acquiring an additional 77 shares during the period. Smartleaf Asset Management LLC lifted 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 last quarter. Fifth Third Bancorp boosted its position in 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 period. Contravisory Investment Management Inc. grew its stake in Leidos by 2.0% during the 4th 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. increased its position in Leidos by 2.0% in 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. 76.12% of the stock is owned by institutional investors and hedge funds.

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Leidos Price Performance

Shares of NYSE:LDOS traded down $1.73 on Friday, reaching $133.95. 1,590,176 shares of the company traded hands, compared to its average volume of 1,144,090. The stock has a market capitalization of $17.17 billion, a PE ratio of 14.50, a P/E/G ratio of 1.65 and a beta of 0.72. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.21 and a quick ratio of 1.13. The company's 50 day moving average is $137.94 and its 200-day moving average is $153.78. Leidos Holdings, Inc. has a fifty-two week low of $123.23 and a fifty-two week high of $202.90.

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

Leidos Announces Dividend

The business 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 dividend of $0.40 per share. The ex-dividend date is Friday, March 14th. This represents a $1.60 annualized dividend and a yield of 1.19%. Leidos's dividend payout ratio (DPR) is currently 17.32%.

Wall Street Analyst Weigh In

LDOS has been the subject of several analyst reports. UBS Group reduced their price target on shares of Leidos from $162.00 to $156.00 and set a "neutral" rating for the company in a report on Wednesday, February 12th. William Blair lowered shares of Leidos from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. StockNews.com lowered shares of Leidos from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 8th. The Goldman Sachs Group downgraded 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 research report on Thursday, December 12th. Finally, Truist Financial lowered 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. Six 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 company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $178.07.

Insiders Place Their Bets

In related 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 transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the company's stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $134.56, for a total transaction of $203,320.16. Following the transaction, the director now directly owns 6,408 shares of the company's stock, valued at $862,260.48. This 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 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.