Leidos Holdings, Inc. (NYSE:LDOS) Shares Acquired by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC boosted its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 10.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 5,982 shares of the aerospace company’s stock after acquiring an additional 546 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Leidos were worth $862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC boosted its holdings in shares of Leidos by 27.8% in the 3rd quarter. FMR LLC now owns 2,405,726 shares of the aerospace company’s stock valued at $392,133,000 after buying an additional 522,764 shares during the period. JPMorgan Chase & Co. boosted its stake in Leidos by 13.1% in the third quarter. JPMorgan Chase & Co. now owns 3,504,392 shares of the aerospace company’s stock valued at $571,216,000 after acquiring an additional 405,256 shares during the period. International Assets Investment Management LLC grew its holdings in shares of Leidos by 24,194.3% during the third quarter. International Assets Investment Management LLC now owns 377,047 shares of the aerospace company’s stock valued at $61,459,000 after purchasing an additional 375,495 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Leidos by 51.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 837,370 shares of the aerospace company’s stock worth $136,491,000 after purchasing an additional 283,558 shares during the period. Finally, Barclays PLC lifted its holdings in shares of Leidos by 53.1% in the 3rd quarter. Barclays PLC now owns 576,022 shares of the aerospace company’s stock worth $93,891,000 after purchasing an additional 199,686 shares during the last quarter. Institutional investors own 76.12% of the company’s stock.

Analyst Upgrades and Downgrades

LDOS has been the subject of a number of recent research reports. Citigroup upped their price objective on Leidos from $194.00 to $220.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Barclays increased their price objective on shares of Leidos from $165.00 to $210.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. TD Cowen downgraded shares of Leidos from a “buy” rating to a “hold” rating and cut their price objective for the company from $200.00 to $165.00 in a research report on Wednesday, January 8th. Wells Fargo & Company decreased their target price on shares of Leidos from $205.00 to $199.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. lifted their price target on Leidos from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Wednesday, October 2nd. Five analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $179.07.

Insider Buying and Selling at Leidos

In other Leidos news, Director Surya N. Mohapatra sold 2,748 shares of the firm’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $194.97, for a total transaction of $535,777.56. Following the completion of the sale, the director now directly owns 20,001 shares in the company, valued at approximately $3,899,594.97. This trade represents a 12.08 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Robert C. Kovarik, Jr. sold 1,047 shares of the business’s stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $184.94, for a total transaction of $193,632.18. Following the transaction, the director now directly owns 6,408 shares in the company, valued at $1,185,095.52. The trade was a 14.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.96% of the company’s stock.

Leidos Trading Up 2.0 %

Shares of Leidos stock opened at $148.47 on Tuesday. The business has a fifty day simple moving average of $153.95 and a 200-day simple moving average of $158.39. The firm has a market cap of $19.81 billion, a price-to-earnings ratio of 16.91, a price-to-earnings-growth ratio of 1.06 and a beta of 0.66. Leidos Holdings, Inc. has a fifty-two week low of $108.97 and a fifty-two week high of $202.90. The company has a quick ratio of 1.15, a current ratio of 1.23 and a debt-to-equity ratio of 0.87.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, October 29th. The aerospace company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $1.96 by $0.97. The company had revenue of $4.19 billion during the quarter, compared to analyst estimates of $4.06 billion. Leidos had a net margin of 7.37% and a return on equity of 30.31%. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.03 EPS. On average, equities analysts forecast that Leidos Holdings, Inc. will post 10.03 EPS for the current fiscal year.

Leidos Company Profile

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