Leidos Holdings, Inc. (NYSE:LDOS) was upgraded by analysts at TheStreet from a “c+” rating to a “b+” rating in a note issued to investors on Monday.

LDOS has been the subject of a number of other reports. Cowen and Company reissued a “buy” rating and set a $66.00 target price on shares of Leidos Holdings in a research note on Tuesday, September 19th. Goldman Sachs Group, Inc. (The) raised shares of Leidos Holdings from a “neutral” rating to a “buy” rating and boosted their target price for the company from $61.00 to $68.00 in a research note on Thursday, August 10th. Jefferies Group LLC reissued a “hold” rating and set a $52.00 target price on shares of Leidos Holdings in a research note on Friday, August 18th. Zacks Investment Research raised shares of Leidos Holdings from a “hold” rating to a “buy” rating and set a $63.00 target price for the company in a research note on Saturday, August 5th. Finally, ValuEngine raised shares of Leidos Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, August 17th. Ten investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average price target of $64.33.

Leidos Holdings (NYSE:LDOS) traded up 2.12% during midday trading on Monday, reaching $61.53. 1,117,536 shares of the company were exchanged. The company has a 50-day moving average of $57.72 and a 200 day moving average of $54.49. The firm has a market capitalization of $9.30 billion, a PE ratio of 27.57 and a beta of 1.72. Leidos Holdings has a 52 week low of $40.96 and a 52 week high of $61.95.

Leidos Holdings (NYSE:LDOS) last issued its earnings results on Thursday, August 3rd. The aerospace company reported $1.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.27. The firm had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.56 billion. Leidos Holdings had a net margin of 3.34% and a return on equity of 17.35%. The business’s revenue was up 99.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.68 earnings per share. Equities analysts predict that Leidos Holdings will post $3.55 earnings per share for the current year.

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In other news, VP Jerald S. Howe, Jr. acquired 2,000 shares of the firm’s stock in a transaction that occurred on Monday, August 21st. The stock was purchased at an average cost of $55.32 per share, for a total transaction of $110,640.00. Following the completion of the acquisition, the vice president now directly owns 2,000 shares of the company’s stock, valued at approximately $110,640. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gary Stephen May sold 800 shares of Leidos Holdings stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $55.75, for a total value of $44,600.00. Following the completion of the sale, the director now owns 6,680 shares of the company’s stock, valued at $372,410. The disclosure for this sale can be found here. Insiders own 1.70% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the stock. Dynamic Technology Lab Private Ltd raised its holdings in shares of Leidos Holdings by 73.3% in the second quarter. Dynamic Technology Lab Private Ltd now owns 21,586 shares of the aerospace company’s stock valued at $1,116,000 after acquiring an additional 9,129 shares in the last quarter. Bangor Savings Bank bought a new stake in shares of Leidos Holdings in the second quarter valued at about $1,251,000. Public Employees Retirement System of Ohio raised its holdings in shares of Leidos Holdings by 9.3% in the second quarter. Public Employees Retirement System of Ohio now owns 58,572 shares of the aerospace company’s stock valued at $3,028,000 after acquiring an additional 4,990 shares in the last quarter. Ameritas Investment Partners Inc. raised its holdings in shares of Leidos Holdings by 2.0% in the second quarter. Ameritas Investment Partners Inc. now owns 42,937 shares of the aerospace company’s stock valued at $2,219,000 after acquiring an additional 831 shares in the last quarter. Finally, California State Teachers Retirement System raised its holdings in shares of Leidos Holdings by 1.5% in the second quarter. California State Teachers Retirement System now owns 270,249 shares of the aerospace company’s stock valued at $13,969,000 after acquiring an additional 4,052 shares in the last quarter. Hedge funds and other institutional investors own 74.54% of the company’s stock.

About Leidos Holdings

Leidos Holdings, Inc (Leidos) is a science and technology solutions company focused on delivering solutions primarily in the areas of national security, health and engineering. The Company is a holding company whose direct 100%-owned subsidiary is Leidos, Inc, which delivers science and technology solutions in the areas of national security, health and engineering to agencies of the United States Department of Defense (DoD), the intelligence community, the United States Department of Homeland Security, and other United States Government civil agencies, state and local government agencies, foreign governments and customers across a variety of commercial markets.

Analyst Recommendations for Leidos Holdings (NYSE:LDOS)

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