Rockefeller Capital Management L.P. Has $4.82 Million Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Rockefeller Capital Management L.P. raised its position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 17.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,440 shares of the aerospace company's stock after purchasing an additional 5,078 shares during the quarter. Rockefeller Capital Management L.P.'s holdings in Leidos were worth $4,817,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in LDOS. Duncker Streett & Co. Inc. bought a new stake in shares of Leidos during the 4th quarter worth about $27,000. Berbice Capital Management LLC bought a new stake in shares of Leidos in the 4th quarter worth $29,000. Mather Group LLC. boosted its position in shares of Leidos by 143.1% during 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 stake in shares of Leidos during the fourth quarter valued at $52,000. Finally, Vision Financial Markets LLC purchased a new stake in Leidos during the fourth quarter valued at about $57,000. Institutional investors own 76.12% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on LDOS. Truist Financial lowered their price target on shares of Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Cantor Fitzgerald upgraded shares of Leidos to a "strong-buy" rating in a report on Tuesday, February 25th. TD Cowen cut shares of Leidos from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $200.00 to $165.00 in a research note on Wednesday, January 8th. William Blair cut Leidos from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Finally, StockNews.com upgraded shares of Leidos from a "buy" rating to a "strong-buy" rating in a research note on Tuesday. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $179.23.

Leidos Price Performance

NYSE LDOS traded up $2.30 on Wednesday, hitting $143.56. 242,715 shares of the company were exchanged, compared to its average volume of 1,207,825. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $202.90. The company has a market cap of $18.41 billion, a P/E ratio of 15.54, a P/E/G ratio of 1.65 and a beta of 0.66. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91. The firm has a 50 day moving average of $135.28 and a two-hundred day moving average of $151.00.

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 (EPS) for the quarter, beating 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%. On average, equities analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a dividend of $0.40 per share. The ex-dividend date was Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.11%. Leidos's dividend payout ratio (DPR) is presently 17.32%.

Insider Activity at Leidos

In related news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the company's 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 sale, the director now owns 6,408 shares in the company, valued at $862,260.48. This represents a 19.08 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Gary Stephen May sold 2,128 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total value of $279,278.72. Following the sale, the director now directly owns 11,264 shares in the company, valued at $1,478,287.36. The trade was a 15.89 % decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is currently 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.