Brown Advisory Inc. trimmed its position in shares of Leidos Holdings Inc (NYSE:LDOS) by 5.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 41,678 shares of the aerospace company’s stock after selling 2,172 shares during the quarter. Brown Advisory Inc.’s holdings in Leidos were worth $2,882,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. MetLife Investment Advisors LLC boosted its position in Leidos by 0.9% during the second quarter. MetLife Investment Advisors LLC now owns 89,673 shares of the aerospace company’s stock worth $5,291,000 after purchasing an additional 825 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. raised its holdings in shares of Leidos by 5.2% in the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 20,265 shares of the aerospace company’s stock worth $1,402,000 after acquiring an additional 1,000 shares during the last quarter. Pictet Asset Management Ltd. raised its holdings in shares of Leidos by 2.1% in the third quarter. Pictet Asset Management Ltd. now owns 48,561 shares of the aerospace company’s stock worth $3,358,000 after acquiring an additional 1,000 shares during the last quarter. Anchor Capital Advisors LLC raised its holdings in shares of Leidos by 4.3% in the third quarter. Anchor Capital Advisors LLC now owns 25,335 shares of the aerospace company’s stock worth $1,752,000 after acquiring an additional 1,055 shares during the last quarter. Finally, ING Groep NV raised its holdings in shares of Leidos by 5.3% in the third quarter. ING Groep NV now owns 23,005 shares of the aerospace company’s stock worth $1,591,000 after acquiring an additional 1,151 shares during the last quarter. Institutional investors own 72.47% of the company’s stock.
LDOS has been the subject of a number of analyst reports. Cowen reissued a “buy” rating and issued a $77.00 price target on shares of Leidos in a report on Wednesday, October 17th. Zacks Investment Research cut Leidos from a “buy” rating to a “hold” rating in a report on Wednesday, September 26th. ValuEngine cut Leidos from a “buy” rating to a “hold” rating in a report on Wednesday, September 19th. Finally, Argus cut their price target on Leidos from $80.00 to $70.00 and set a “buy” rating for the company in a report on Monday, October 29th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Leidos presently has an average rating of “Buy” and an average price target of $77.29.
NYSE LDOS opened at $58.87 on Friday. Leidos Holdings Inc has a fifty-two week low of $57.50 and a fifty-two week high of $72.30. The firm has a market capitalization of $8.83 billion, a PE ratio of 15.83, a P/E/G ratio of 1.35 and a beta of 1.60. The company has a quick ratio of 1.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.86.
Leidos (NYSE:LDOS) last released its quarterly earnings results on Thursday, October 25th. The aerospace company reported $1.14 earnings per share for the quarter, topping the Zacks’ 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 analysts’ expectations of $2.64 billion. As a group, research analysts predict that Leidos Holdings Inc will post 4.36 earnings per share for the current fiscal year.
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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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