Leeward Investments LLC MA Lowers Stock Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Leeward Investments LLC MA lessened its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 21.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 99,691 shares of the aerospace company’s stock after selling 26,485 shares during the quarter. Leeward Investments LLC MA owned 0.07% of Leidos worth $14,361,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in LDOS. Rakuten Securities Inc. boosted its holdings in Leidos by 1,460.0% in the 3rd quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 146 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in Leidos in the 3rd quarter valued at approximately $29,000. Berbice Capital Management LLC purchased a new stake in Leidos in the 4th quarter valued at approximately $29,000. Mather Group LLC. boosted its holdings in Leidos by 143.1% in the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company’s stock valued at $38,000 after purchasing an additional 156 shares in the last quarter. Finally, Human Investing LLC purchased a new stake in Leidos in the 4th quarter valued at approximately $52,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insiders Place Their Bets

In other news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the business’s stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $134.56, for a total transaction of $203,320.16. Following the completion of the sale, the director now directly owns 6,408 shares of the company’s stock, valued at $862,260.48. The trade was a 19.08 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Gary Stephen May sold 2,128 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total transaction of $279,278.72. Following the sale, the director now directly owns 11,264 shares of the company’s stock, valued at $1,478,287.36. This represents a 15.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on LDOS shares. The Goldman Sachs Group lowered Leidos from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $228.00 to $153.00 in a report on Thursday, December 12th. Robert W. Baird lifted their price target on shares of Leidos from $180.00 to $218.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Wells Fargo & Company reduced their price target on shares of Leidos from $199.00 to $197.00 and set an “overweight” rating for the company in a research report on Wednesday, February 12th. William Blair downgraded shares of Leidos from an “outperform” rating to a “market perform” rating in a research report on Friday. Finally, Royal Bank of Canada lifted their price target on shares of Leidos from $145.00 to $180.00 and gave the company a “sector perform” rating in a research report on Wednesday, October 30th. Six analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $176.27.

Leidos Trading Down 2.6 %

Shares of Leidos stock opened at $126.66 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.21 and a quick ratio of 1.13. Leidos Holdings, Inc. has a 1 year low of $123.22 and a 1 year high of $202.90. The company has a market capitalization of $16.61 billion, a P/E ratio of 13.71, a P/E/G ratio of 1.65 and a beta of 0.66. The business has a 50 day moving average price of $144.36 and a 200 day moving average price of $156.75.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, February 11th. The aerospace company reported $2.37 EPS for the quarter, topping the consensus estimate of $2.24 by $0.13. Leidos had a net margin of 7.53% and a return on equity of 30.93%. Sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $0.40 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.60 annualized dividend and a yield of 1.26%. Leidos’s payout ratio is currently 17.32%.

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.