Baird Financial Group Inc. boosted its position in Leidos Holdings Inc (NYSE:LDOS) by 8.4% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 48,364 shares of the aerospace company’s stock after acquiring an additional 3,757 shares during the period. Baird Financial Group Inc.’s holdings in Leidos were worth $3,282,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the stock. FMR LLC grew its holdings in Leidos by 30.3% during the 2nd quarter. FMR LLC now owns 13,424,963 shares of the aerospace company’s stock valued at $792,073,000 after buying an additional 3,122,237 shares in the last quarter. Victory Capital Management Inc. grew its holdings in Leidos by 4,122.6% during the 3rd quarter. Victory Capital Management Inc. now owns 2,161,817 shares of the aerospace company’s stock valued at $149,511,000 after buying an additional 2,110,621 shares in the last quarter. Thompson Siegel & Walmsley LLC grew its holdings in Leidos by 344,305.0% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 1,725,469 shares of the aerospace company’s stock valued at $101,803,000 after buying an additional 1,724,968 shares in the last quarter. Boston Partners grew its holdings in Leidos by 14.4% during the 2nd quarter. Boston Partners now owns 5,468,842 shares of the aerospace company’s stock valued at $322,662,000 after buying an additional 687,970 shares in the last quarter. Finally, BlackRock Inc. grew its holdings in Leidos by 5.0% during the 3rd quarter. BlackRock Inc. now owns 13,530,994 shares of the aerospace company’s stock valued at $935,803,000 after buying an additional 642,239 shares in the last quarter. Institutional investors and hedge funds own 72.47% of the company’s stock.
Shares of NYSE LDOS opened at $58.87 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 quick ratio of 1.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.86. The stock has a market cap of $8.83 billion, a PE ratio of 15.83, a price-to-earnings-growth ratio of 1.35 and a beta of 1.60.
Leidos (NYSE:LDOS) last issued its quarterly earnings data on Thursday, October 25th. The aerospace company reported $1.14 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.10 by $0.04. Leidos had a return on equity of 18.67% and a net margin of 5.04%. The company had revenue of $2.58 billion during the quarter, compared to analyst estimates of $2.64 billion. Sell-side analysts anticipate that Leidos Holdings Inc will post 4.36 EPS for the current year.
LDOS has been the subject of a number of recent analyst reports. Zacks Investment Research lowered Leidos from a “buy” rating to a “hold” rating in a report on Wednesday, September 26th. ValuEngine lowered Leidos from a “buy” rating to a “hold” rating in a report on Wednesday, September 19th. Argus reduced their target price on Leidos from $80.00 to $70.00 and set a “buy” rating for the company in a report on Monday, October 29th. Finally, Cowen reissued a “buy” rating and set a $77.00 price objective on shares of Leidos in a report on Wednesday, October 17th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Leidos currently has an average rating of “Buy” and a consensus price target of $77.29.
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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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