Leidos Holdings, Inc. (NYSE:LDOS) Shares Sold by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC lowered its holdings in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 43.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,100 shares of the aerospace company's stock after selling 2,364 shares during the quarter. Steward Partners Investment Advisory LLC's holdings in Leidos were worth $447,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rakuten Securities Inc. raised its position in Leidos by 1,460.0% in the third quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company's stock valued at $25,000 after purchasing an additional 146 shares during the period. Ashton Thomas Securities LLC purchased a new stake in Leidos in the third quarter valued at $29,000. Duncker Streett & Co. Inc. purchased a new stake in Leidos in the fourth quarter valued at $27,000. Berbice Capital Management LLC purchased a new stake in shares of Leidos in the 4th quarter valued at $29,000. Finally, Mather Group LLC. raised its holdings in shares of 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 buying an additional 156 shares during the period. Hedge funds and other institutional investors own 76.12% of the company's stock.

Insider Activity at Leidos

In related news, Director Gary Stephen May sold 2,128 shares of the company's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total value of $279,278.72. Following the completion of the sale, the director now directly owns 11,264 shares of the company's stock, valued at $1,478,287.36. This represents a 15.89 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 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. This trade represents a 19.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.96% of the company's stock.

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Leidos Stock Up 1.3 %

Shares of NYSE:LDOS traded up $1.73 on Friday, hitting $134.59. 803,945 shares of the company's stock were exchanged, compared to its average volume of 1,061,407. The firm's 50-day moving average is $140.42 and its 200 day moving average is $155.02. The company has a market capitalization of $17.65 billion, a PE ratio of 14.57, a P/E/G ratio of 1.65 and a beta of 0.72. Leidos Holdings, Inc. has a 1-year low of $123.23 and a 1-year 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.

Leidos (NYSE:LDOS - Get Free Report) last released 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%. Sell-side analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be given a $0.40 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.19%. Leidos's dividend payout ratio (DPR) is presently 17.32%.

Analysts Set New Price Targets

Several research firms recently issued reports on LDOS. The Goldman Sachs Group downgraded Leidos from a "buy" rating to a "neutral" rating and cut their price objective for the company from $228.00 to $153.00 in a report on Thursday, December 12th. Wells Fargo & Company cut their price objective on Leidos from $197.00 to $191.00 and set an "overweight" rating on the stock in a report on Wednesday, February 26th. TD Cowen downgraded Leidos from a "buy" rating to a "hold" rating and cut their price objective for the company from $200.00 to $165.00 in a report on Wednesday, January 8th. William Blair downgraded Leidos from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Finally, UBS Group cut their price objective on Leidos from $162.00 to $156.00 and set a "neutral" rating on the stock in a report on Wednesday, February 12th. Six research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $175.87.

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.