Baldwin Brothers Inc. MA lessened its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 5.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,515 shares of the aerospace company’s stock after selling 1,700 shares during the period. Baldwin Brothers Inc. MA’s holdings in Leidos were worth $2,810,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in LDOS. Samlyn Capital LLC lifted its position in shares of Leidos by 75.3% during the 1st quarter. Samlyn Capital LLC now owns 780,791 shares of the aerospace company’s stock valued at $71,559,000 after buying an additional 335,288 shares in the last quarter. Nuveen Asset Management LLC lifted its position in shares of Leidos by 57.5% during the 2nd quarter. Nuveen Asset Management LLC now owns 861,500 shares of the aerospace company’s stock valued at $80,697,000 after buying an additional 314,514 shares in the last quarter. Balyasny Asset Management LLC purchased a new position in shares of Leidos during the 2nd quarter valued at approximately $23,877,000. Kerrisdale Advisers LLC purchased a new position in shares of Leidos during the 2nd quarter valued at approximately $16,075,000. Finally, Dana Investment Advisors Inc. lifted its position in shares of Leidos by 738.1% during the 2nd quarter. Dana Investment Advisors Inc. now owns 189,732 shares of the aerospace company’s stock valued at $17,772,000 after buying an additional 167,093 shares in the last quarter. Institutional investors and hedge funds own 74.94% of the company’s stock.
Shares of LDOS traded up $0.05 during midday trading on Friday, reaching $87.83. The company had a trading volume of 677,947 shares, compared to its average volume of 1,073,673. Leidos Holdings, Inc. has a 1-year low of $68.00 and a 1-year high of $125.84. The stock has a market cap of $12.49 billion, a PE ratio of 20.76, a price-to-earnings-growth ratio of 1.54 and a beta of 1.07. The firm has a 50 day simple moving average of $89.57 and a 200-day simple moving average of $94.09. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.17.
Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.48. The firm had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $3.02 billion. Leidos had a return on equity of 23.81% and a net margin of 5.26%. The company’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period last year, the company earned $1.16 EPS. As a group, sell-side analysts anticipate that Leidos Holdings, Inc. will post 5.44 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date was Monday, September 14th. Leidos’s payout ratio is 26.31%.
LDOS has been the topic of a number of research reports. Barclays upgraded Leidos from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $109.00 to $110.00 in a report on Wednesday, September 23rd. ValuEngine upgraded Leidos from a “sell” rating to a “hold” rating in a report on Monday, August 3rd. Evercore ISI initiated coverage on Leidos in a report on Friday, August 21st. They issued an “outperform” rating on the stock. Finally, JPMorgan Chase & Co. upgraded Leidos from a “neutral” rating to an “overweight” rating and set a $115.00 price objective on the stock in a report on Tuesday, September 22nd. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Leidos currently has a consensus rating of “Buy” and an average target price of $116.46.
Leidos Company Profile
Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. It 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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