Proficio Capital Partners LLC Purchases Shares of 67,174 Leidos Holdings, Inc. (NYSE:LDOS)

Proficio Capital Partners LLC purchased a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 67,174 shares of the aerospace company's stock, valued at approximately $9,677,000. Proficio Capital Partners LLC owned about 0.05% of Leidos as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of LDOS. Duncker Streett & Co. Inc. acquired a new position in Leidos during the fourth quarter valued at approximately $27,000. Berbice Capital Management LLC purchased a new stake in Leidos during the 4th quarter worth $29,000. Mather Group LLC. increased its holdings in Leidos by 143.1% in the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock valued at $38,000 after purchasing an additional 156 shares in the last quarter. Human Investing LLC purchased a new position in Leidos in the fourth quarter valued at about $52,000. Finally, R Squared Ltd purchased a new position in Leidos in the fourth quarter valued at about $61,000. Hedge funds and other institutional investors own 76.12% of the company's stock.

Insider Buying and Selling at Leidos

In related news, Director Gary Stephen May sold 2,128 shares of Leidos stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total transaction 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. This trade represents a 15.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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. Company insiders own 0.96% of the company's stock.

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Analyst Ratings Changes

Several research firms recently issued reports on LDOS. 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 note on Wednesday, February 12th. TD Cowen downgraded shares of Leidos from a "buy" rating to a "hold" rating and lowered their price objective for the company from $200.00 to $165.00 in a research report on Wednesday, January 8th. The Goldman Sachs Group cut shares of Leidos from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $228.00 to $153.00 in a research report on Thursday, December 12th. Cantor Fitzgerald raised Leidos to a "strong-buy" rating in a report on Tuesday, February 25th. Finally, StockNews.com lowered shares of Leidos from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 8th. Six research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Leidos currently has an average rating of "Moderate Buy" and an average price target of $175.87.

Leidos Trading Down 0.0 %

Shares of NYSE:LDOS traded down $0.05 during mid-day trading on Wednesday, hitting $138.61. The stock had a trading volume of 946,452 shares, compared to its average volume of 1,064,736. The company's 50 day moving average is $140.05 and its 200-day moving average is $154.74. Leidos Holdings, Inc. has a 12-month low of $123.23 and a 12-month high of $202.90. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.13 and a current ratio of 1.21. The company has a market cap of $17.77 billion, a PE ratio of 15.00, a P/E/G ratio of 1.65 and a beta of 0.72.

Leidos (NYSE:LDOS - Get Free Report) last issued 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 return on equity of 30.93% and a net margin of 7.53%. On average, sell-side analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend is Friday, March 14th. Leidos's payout ratio is presently 17.32%.

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.