Leeward Investments LLC MA Lowers Stock Position in Leidos Holdings, Inc. (NYSE:LDOS)

Leeward Investments LLC MA trimmed its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 21.0% in the fourth quarter, Holdings Channel reports. The firm owned 99,691 shares of the aerospace company’s stock after selling 26,485 shares during the period. Leeward Investments LLC MA’s holdings in Leidos were worth $14,361,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in LDOS. Rakuten Securities Inc. increased its holdings in Leidos by 1,460.0% in the 3rd quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 146 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in Leidos in the 3rd quarter valued at $29,000. Berbice Capital Management LLC acquired a new stake in Leidos in the 4th quarter valued at $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. Finally, Human Investing LLC acquired a new stake in Leidos in the 4th quarter valued at $52,000. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Leidos news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the firm’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 transaction, the director now owns 6,408 shares of the company’s stock, valued at $862,260.48. This trade represents a 19.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Gary Stephen May sold 2,128 shares of the firm’s 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 completion of the transaction, the director now directly owns 11,264 shares in the company, valued at $1,478,287.36. This represents 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.

Leidos Stock Performance

Shares of LDOS stock opened at $126.66 on Friday. 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 Holdings, Inc. has a one year low of $123.22 and a one year high of $202.90. The company’s 50-day simple moving average is $144.36 and its 200-day simple moving average is $156.75. The stock has a market capitalization of $16.61 billion, a price-to-earnings ratio of 13.71, a PEG ratio of 1.65 and a beta of 0.66.

Leidos (NYSE:LDOS) last issued its quarterly earnings results on Tuesday, February 11th. The aerospace company reported $2.37 EPS for the quarter, topping the consensus estimate of $2.24 by $0.13. Leidos had a net margin of 7.53% and a return on equity of 30.93%. Equities analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a $0.40 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a yield of 1.26%. Leidos’s dividend payout ratio is currently 17.32%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on LDOS. William Blair downgraded Leidos from an “outperform” rating to a “market perform” rating in a report on Friday. UBS Group lowered their price target on Leidos from $162.00 to $156.00 and set a “neutral” rating for the company in a report on Wednesday, February 12th. Citigroup upped their price objective on shares of Leidos from $194.00 to $220.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Cantor Fitzgerald initiated coverage on shares of Leidos in a research report on Friday, February 7th. They issued an “overweight” rating and a $185.00 price objective for the company. Finally, Barclays upped their price objective 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. Six research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $176.27.

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.