Impact Partnership Wealth LLC Makes New $473,000 Investment in Leidos Holdings, Inc. (NYSE:LDOS)

Impact Partnership Wealth LLC purchased a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 3,281 shares of the aerospace company’s stock, valued at approximately $473,000.

Several other large investors have also made changes to their positions in the company. Rakuten Securities Inc. grew its position in Leidos by 1,460.0% in the 3rd quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 146 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of Leidos in the 3rd quarter worth approximately $29,000. Northwest Investment Counselors LLC bought a new stake in shares of Leidos during the third quarter valued at approximately $30,000. 1832 Asset Management L.P. acquired a new position in shares of Leidos in the second quarter valued at $34,000. Finally, Kathleen S. Wright Associates Inc. bought a new position in Leidos in the third quarter worth $46,000. Institutional investors own 76.12% of the company’s stock.

Insider Activity

In other Leidos news, Director Robert C. Kovarik, Jr. sold 1,047 shares of the stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $184.94, for a total transaction of $193,632.18. Following the sale, the director now directly owns 6,408 shares in the company, valued at $1,185,095.52. This represents a 14.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Surya N. Mohapatra sold 2,748 shares of the stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $194.97, for a total value of $535,777.56. Following the completion of the transaction, the director now owns 20,001 shares of the company’s stock, valued at $3,899,594.97. The trade was a 12.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by company insiders.

Leidos Stock Down 7.6 %

Leidos stock opened at $148.81 on Friday. Leidos Holdings, Inc. has a fifty-two week low of $108.95 and a fifty-two week high of $202.90. The firm has a market capitalization of $19.86 billion, a PE ratio of 16.95, a P/E/G ratio of 1.06 and a beta of 0.66. The company’s 50-day moving average is $154.62 and its 200-day moving average is $158.29. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.23 and a quick ratio of 1.15.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, October 29th. The aerospace company reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $0.97. Leidos had a return on equity of 30.31% and a net margin of 7.37%. The firm had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.06 billion. During the same quarter in the prior year, the company earned $2.03 earnings per share. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. Sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.03 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on LDOS shares. TD Cowen cut shares of Leidos from a “buy” rating to a “hold” rating and lowered their target price for the company from $200.00 to $165.00 in a research note on Wednesday, January 8th. Barclays boosted their target price on Leidos from $165.00 to $210.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Robert W. Baird raised their price target on Leidos from $180.00 to $218.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. UBS Group assumed coverage on shares of Leidos in a research report on Monday, December 2nd. They set a “neutral” rating and a $182.00 target price on the stock. Finally, Royal Bank of Canada raised their target price on shares of Leidos from $145.00 to $180.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 30th. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $179.07.

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.