Virginia Retirement Systems ET AL Trims Holdings in Leidos Holdings Inc (LDOS)

Virginia Retirement Systems ET AL reduced its stake in Leidos Holdings Inc (NYSE:LDOS) by 15.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 111,300 shares of the aerospace company’s stock after selling 20,300 shares during the period. Virginia Retirement Systems ET AL owned approximately 0.07% of Leidos worth $7,698,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LDOS. MetLife Investment Advisors LLC increased its holdings in shares of Leidos by 0.9% in the 2nd quarter. MetLife Investment Advisors LLC now owns 89,673 shares of the aerospace company’s stock worth $5,291,000 after buying an additional 825 shares during the last quarter. Anchor Capital Advisors LLC increased its holdings in shares of Leidos by 4.3% in the 3rd quarter. Anchor Capital Advisors LLC now owns 25,335 shares of the aerospace company’s stock worth $1,752,000 after buying an additional 1,055 shares during the last quarter. Louisiana State Employees Retirement System increased its holdings in shares of Leidos by 2.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 38,500 shares of the aerospace company’s stock worth $2,272,000 after buying an additional 1,100 shares during the last quarter. Howard Capital Management increased its holdings in shares of Leidos by 0.9% in the 3rd quarter. Howard Capital Management now owns 151,322 shares of the aerospace company’s stock worth $10,465,000 after buying an additional 1,320 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board increased its holdings in shares of Leidos by 15.6% in the 2nd quarter. Ontario Teachers Pension Plan Board now owns 9,903 shares of the aerospace company’s stock worth $584,000 after buying an additional 1,336 shares during the last quarter. Institutional investors own 73.39% of the company’s stock.

LDOS stock opened at $65.23 on Friday. Leidos Holdings Inc has a 12 month low of $57.50 and a 12 month high of $72.30. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 1.16. The stock has a market cap of $9.83 billion, a P/E ratio of 17.53, a PEG ratio of 1.51 and a beta of 1.61.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Thursday, October 25th. The aerospace company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.10 by $0.04. Leidos had a net margin of 5.04% and a return on equity of 18.67%. The firm had revenue of $2.58 billion during the quarter, compared to analysts’ expectations of $2.64 billion. As a group, research analysts expect that Leidos Holdings Inc will post 4.36 earnings per share for the current year.

LDOS has been the topic of a number of research reports. Zacks Investment Research downgraded shares of Leidos from a “buy” rating to a “hold” rating in a report on Wednesday, September 26th. ValuEngine downgraded shares of Leidos from a “buy” rating to a “hold” rating in a report on Wednesday, September 19th. Argus reduced their target price on shares of Leidos from $80.00 to $70.00 and set a “buy” rating on the stock in a report on Monday, October 29th. Finally, Cowen restated a “buy” rating and issued a $77.00 target price on shares of Leidos in a report on Wednesday, October 17th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Leidos presently has an average rating of “Buy” and a consensus price target of $76.13.

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Leidos Profile

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets primarily in the United States. The company operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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