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Robeco Institutional Asset Management B.V. Has $53.89 Million Stake in Leidos Holdings, Inc. (NYSE:LDOS)

Leidos logo with Aerospace background

Robeco Institutional Asset Management B.V. lifted its holdings in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 1.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 374,066 shares of the aerospace company's stock after purchasing an additional 5,162 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.28% of Leidos worth $53,888,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in LDOS. Public Sector Pension Investment Board raised its stake in shares of Leidos by 58.8% during the 2nd quarter. Public Sector Pension Investment Board now owns 6,357 shares of the aerospace company's stock valued at $927,000 after buying an additional 2,355 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of Leidos during the 2nd quarter valued at approximately $5,338,000. Mackenzie Financial Corp lifted its stake in shares of Leidos by 123.2% in the 2nd quarter. Mackenzie Financial Corp now owns 28,501 shares of the aerospace company's stock valued at $4,158,000 after purchasing an additional 15,730 shares during the period. Ascent Group LLC purchased a new position in Leidos in the second quarter valued at $213,000. Finally, NewEdge Advisors LLC raised its position in shares of Leidos by 43.4% in the second quarter. NewEdge Advisors LLC now owns 18,542 shares of the aerospace company's stock worth $2,705,000 after acquiring an additional 5,609 shares during the period. Institutional investors and hedge funds own 76.12% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. The Goldman Sachs Group lowered Leidos from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $228.00 to $153.00 in a research note on Thursday, December 12th. Royal Bank of Canada raised their price target on shares of Leidos from $145.00 to $180.00 and gave the stock a "sector perform" rating in a research note on Wednesday, October 30th. Robert W. Baird boosted their target price on Leidos from $180.00 to $218.00 and gave the stock an "outperform" rating in a report on Wednesday, October 30th. Citigroup lifted their price objective on Leidos from $194.00 to $220.00 and gave the stock a "buy" rating in a research report on Wednesday, October 30th. Finally, Barclays lifted their price target on shares of Leidos from $165.00 to $210.00 and gave the company an "overweight" rating in a research report on Monday, November 4th. Five analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Leidos has an average rating of "Moderate Buy" and an average price target of $179.07.

View Our Latest Stock Analysis on LDOS

Leidos Trading Up 1.4 %

Shares of LDOS stock traded up $1.98 during mid-day trading on Thursday, hitting $142.25. 1,353,821 shares of the company's stock were exchanged, compared to its average volume of 1,315,501. The stock has a 50-day simple moving average of $152.96 and a two-hundred day simple moving average of $158.20. The company has a quick ratio of 1.15, a current ratio of 1.23 and a debt-to-equity ratio of 0.87. Leidos Holdings, Inc. has a fifty-two week low of $108.97 and a fifty-two week high of $202.90. The stock has a market cap of $18.98 billion, a price-to-earnings ratio of 16.20, a PEG ratio of 1.06 and a beta of 0.66.

Leidos (NYSE:LDOS - Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The aerospace company reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $0.97. Leidos had a return on equity of 30.31% and a net margin of 7.37%. The firm had revenue of $4.19 billion during the quarter, compared to the consensus estimate of $4.06 billion. During the same period in the prior year, the firm earned $2.03 EPS. The firm's quarterly revenue was up 6.9% compared to the same quarter last year. Equities analysts expect that Leidos Holdings, Inc. will post 10.03 EPS for the current fiscal year.

Insider Buying and Selling at Leidos

In other Leidos news, Director Surya N. Mohapatra sold 2,748 shares of Leidos stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $194.97, for a total transaction of $535,777.56. Following the sale, the director now owns 20,001 shares of the company's stock, valued at $3,899,594.97. The trade was a 12.08 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Noel B. Geer bought 2,000 shares of the business's stock in a transaction on Wednesday, November 20th. The stock was purchased at an average price of $161.13 per share, with a total value of $322,260.00. Following the completion of the transaction, the director now directly owns 2,000 shares of the company's stock, valued at $322,260. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.96% of the stock is currently owned by corporate insiders.

Leidos Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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