UniSuper Management Pty Ltd Has $2.28 Million Stake in Leidos Holdings, Inc. (NYSE:LDOS)

UniSuper Management Pty Ltd lifted its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 19.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,812 shares of the aerospace company's stock after acquiring an additional 2,520 shares during the period. UniSuper Management Pty Ltd's holdings in Leidos were worth $2,278,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cerity Partners LLC boosted its position in Leidos by 86.4% during the third quarter. Cerity Partners LLC now owns 14,863 shares of the aerospace company's stock valued at $2,423,000 after purchasing an additional 6,888 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of Leidos by 5.2% in the 3rd quarter. Bank of Montreal Can now owns 114,220 shares of the aerospace company's stock valued at $18,243,000 after buying an additional 5,648 shares during the last quarter. FMR LLC grew its stake in shares of Leidos by 27.8% in the third quarter. FMR LLC now owns 2,405,726 shares of the aerospace company's stock valued at $392,133,000 after buying an additional 522,764 shares in the last quarter. D.A. Davidson & CO. acquired a new position in Leidos during the third quarter worth $230,000. Finally, Freedom Investment Management Inc. lifted its stake in Leidos by 15.0% in the third quarter. Freedom Investment Management Inc. now owns 2,696 shares of the aerospace company's stock valued at $439,000 after acquiring an additional 352 shares during the last quarter. Institutional investors and hedge funds own 76.12% of the company's stock.

Insider Buying and Selling

In other news, Director Gary Stephen May sold 2,128 shares of Leidos stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total transaction of $279,278.72. Following the sale, the director now directly 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the firm'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 transaction of $203,320.16. Following the completion of the transaction, the director now owns 6,408 shares of the company's stock, valued at approximately $862,260.48. This trade represents a 19.08 % decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

Leidos Price Performance

NYSE LDOS traded down $4.80 on Thursday, hitting $138.14. 492,090 shares of the company's stock were exchanged, compared to its average volume of 1,161,487. The stock has a 50-day moving average of $136.23 and a 200-day moving average of $153.30. The stock has a market cap of $17.71 billion, a price-to-earnings ratio of 14.95, a P/E/G ratio of 1.65 and a beta of 0.72. Leidos Holdings, Inc. has a 52 week low of $123.23 and a 52 week high of $202.90. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91.

Leidos (NYSE:LDOS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share 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%. Analysts expect that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend was Friday, March 14th. Leidos's dividend payout ratio (DPR) is presently 17.32%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on LDOS shares. UBS Group lowered their price objective 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. StockNews.com downgraded Leidos from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 8th. TD Cowen downgraded Leidos from a "buy" rating to a "hold" rating and reduced their target price for the stock from $200.00 to $165.00 in a research note on Wednesday, January 8th. The Goldman Sachs Group cut Leidos from a "buy" rating to a "neutral" rating and dropped their price target for the company from $228.00 to $153.00 in a research note on Thursday, December 12th. Finally, Wells Fargo & Company reduced their price objective on Leidos from $197.00 to $191.00 and set an "overweight" rating for the company in a report on Wednesday, February 26th. Six research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $178.07.

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.