Realta Investment Advisors Purchases New Position in Leidos Holdings, Inc. (NYSE:LDOS)

Realta Investment Advisors bought a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,070 shares of the aerospace company's stock, valued at approximately $518,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Diversified Trust Co bought a new stake in shares of Leidos in the 1st quarter worth about $305,000. Private Advisor Group LLC lifted its stake in Leidos by 3.3% in the first quarter. Private Advisor Group LLC now owns 5,195 shares of the aerospace company's stock worth $681,000 after purchasing an additional 165 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Leidos by 10.1% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 51,115 shares of the aerospace company's stock valued at $6,701,000 after buying an additional 4,696 shares during the period. BNP Paribas Financial Markets grew its stake in shares of Leidos by 76.3% during the first quarter. BNP Paribas Financial Markets now owns 212,345 shares of the aerospace company's stock valued at $27,836,000 after buying an additional 91,891 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Leidos by 11.6% in the first quarter. Janney Montgomery Scott LLC now owns 21,172 shares of the aerospace company's stock worth $2,775,000 after buying an additional 2,201 shares during the period. Hedge funds and other institutional investors own 76.12% of the company's stock.

Insider Activity at Leidos

In other news, Director Gary Stephen May sold 1,000 shares of the company's stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $144.02, for a total transaction of $144,020.00. Following the transaction, the director now owns 11,264 shares in the company, valued at $1,622,241.28. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Director Robert C. Kovarik, Jr. sold 1,047 shares of the firm's stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $184.94, for a total value of $193,632.18. Following the completion of the transaction, the director now directly owns 6,408 shares in the company, valued at $1,185,095.52. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Gary Stephen May sold 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $144.02, for a total transaction of $144,020.00. Following the transaction, the director now directly owns 11,264 shares of the company's stock, valued at $1,622,241.28. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by corporate insiders.

Leidos Stock Down 0.1 %

Leidos stock traded down $0.19 during mid-day trading on Friday, reaching $182.97. 1,053,157 shares of the company were exchanged, compared to its average volume of 742,043. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.11 and a current ratio of 1.23. The firm has a market cap of $24.41 billion, a P/E ratio of 20.84, a PEG ratio of 1.45 and a beta of 0.68. Leidos Holdings, Inc. has a 12-month low of $100.17 and a 12-month high of $188.36. The business has a fifty day moving average of $163.05 and a 200 day moving average of $151.37.

Leidos (NYSE:LDOS - Get Free Report) last posted its earnings results on Tuesday, October 29th. The aerospace company reported $2.93 EPS for the quarter, beating analysts' consensus estimates of $1.96 by $0.97. Leidos had a net margin of 7.37% and a return on equity of 30.31%. The company had revenue of $4.19 billion during the quarter, compared to analysts' expectations of $4.06 billion. During the same quarter in the prior year, the company posted $2.03 earnings per share. Leidos's revenue for the quarter was up 6.9% compared to the same quarter last year. Research analysts anticipate that Leidos Holdings, Inc. will post 10.07 earnings per share for the current fiscal year.

Leidos Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a $0.40 dividend. This is a boost from Leidos's previous quarterly dividend of $0.38. The ex-dividend date is Friday, December 13th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.87%. Leidos's dividend payout ratio (DPR) is presently 17.31%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on LDOS shares. Barclays boosted their price objective on Leidos from $160.00 to $165.00 and gave the company an "overweight" rating in a report on Monday, August 5th. Citigroup boosted their target price on shares of Leidos from $194.00 to $220.00 and gave the company a "buy" rating in a research note on Wednesday. The Goldman Sachs Group raised their price target on shares of Leidos from $205.00 to $228.00 and gave the stock a "buy" rating in a research note on Wednesday. Wells Fargo & Company boosted their price objective on shares of Leidos from $183.00 to $230.00 and gave the company an "overweight" rating in a research report on Wednesday. Finally, TD Cowen raised their target price on shares of Leidos from $175.00 to $200.00 and gave the stock a "buy" rating in a research report on Wednesday. Two analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $187.77.

Leidos Company 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.