Berger Financial Group Inc Has $222,000 Position in Leidos Holdings, Inc. (NYSE:LDOS)

Berger Financial Group Inc lowered its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 5.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,540 shares of the aerospace company’s stock after selling 82 shares during the quarter. Berger Financial Group Inc’s holdings in Leidos were worth $222,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Duncker Streett & Co. Inc. acquired a new stake in shares of Leidos in the 4th quarter valued at $27,000. Berbice Capital Management LLC acquired a new stake in shares of Leidos in the 4th quarter valued at $29,000. Mather Group LLC. boosted 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 purchasing an additional 156 shares in the last quarter. Human Investing LLC acquired a new stake in shares of Leidos in the 4th quarter valued at $52,000. Finally, Vision Financial Markets LLC acquired a new stake in shares of Leidos in the 4th quarter valued at $57,000. Institutional investors and hedge funds own 76.12% of the company’s stock.

Analyst Ratings Changes

LDOS has been the topic of a number of research analyst reports. Cantor Fitzgerald raised Leidos to a “strong-buy” rating in a report on Tuesday, February 25th. Wells Fargo & Company cut their price objective on Leidos from $191.00 to $173.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. StockNews.com raised Leidos from a “buy” rating to a “strong-buy” rating in a report on Tuesday, April 22nd. Truist Financial cut their price objective on Leidos from $165.00 to $155.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Finally, William Blair downgraded Leidos from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Five investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Leidos has an average rating of “Moderate Buy” and a consensus target price of $179.23.

Insider Buying and Selling

In related news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the stock in a transaction on Thursday, February 13th. The stock was 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 represents a 19.08 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Gary Stephen May sold 2,128 shares of the stock in a transaction on Tuesday, February 18th. The shares were 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. The trade was a 15.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is owned by company insiders.

Leidos Stock Performance

LDOS stock opened at $145.74 on Tuesday. The stock has a 50-day moving average price of $136.32 and a 200-day moving average price of $150.28. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year 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. The firm has a market cap of $18.69 billion, a PE ratio of 15.77, a price-to-earnings-growth ratio of 1.65 and a beta of 0.66.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 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%. As a group, equities research analysts expect that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date was Friday, March 14th. Leidos’s dividend payout ratio is currently 17.32%.

Leidos Company 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.