Leeward Investments LLC MA Decreases Stake in Leidos Holdings, Inc. (NYSE:LDOS)

Leeward Investments LLC MA reduced its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 2.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 158,366 shares of the aerospace company’s stock after selling 4,280 shares during the period. Leeward Investments LLC MA’s holdings in Leidos were worth $17,142,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Farmers & Merchants Trust Co of Chambersburg PA purchased a new position in Leidos during the fourth quarter worth about $28,000. Lindbrook Capital LLC raised its stake in Leidos by 209.0% during the fourth quarter. Lindbrook Capital LLC now owns 275 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 186 shares during the period. Itau Unibanco Holding S.A. purchased a new position in Leidos during the third quarter worth about $30,000. Friedenthal Financial purchased a new position in Leidos during the fourth quarter worth about $43,000. Finally, Cary Street Partners Investment Advisory LLC purchased a new position in Leidos during the third quarter worth about $49,000. 76.12% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. StockNews.com downgraded shares of Leidos from a “strong-buy” rating to a “buy” rating in a research note on Friday. Bank of America lifted their price target on shares of Leidos from $125.00 to $145.00 and gave the company a “buy” rating in a research report on Wednesday, March 27th. Barclays upgraded shares of Leidos from an “equal weight” rating to an “overweight” rating in a research report on Friday, January 5th. Wells Fargo & Company lifted their price target on shares of Leidos from $137.00 to $147.00 and gave the company an “overweight” rating in a research report on Thursday, April 4th. Finally, Royal Bank of Canada lifted their price target on shares of Leidos from $105.00 to $120.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 14th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, Leidos has a consensus rating of “Moderate Buy” and a consensus target price of $132.42.

Insider Activity at Leidos

In related news, Director Gary Stephen May sold 2,745 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $124.49, for a total value of $341,725.05. Following the sale, the director now directly owns 11,352 shares of the company’s stock, valued at approximately $1,413,210.48. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other Leidos news, Director Gary Stephen May sold 2,745 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $124.49, for a total value of $341,725.05. Following the transaction, the director now directly owns 11,352 shares in the company, valued at approximately $1,413,210.48. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director David G. Fubini sold 7,874 shares of the company’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $127.89, for a total transaction of $1,007,005.86. Following the completion of the transaction, the director now owns 14,696 shares in the company, valued at $1,879,471.44. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

Leidos Stock Up 0.3 %

LDOS stock opened at $130.33 on Friday. The company has a fifty day moving average price of $127.59 and a 200 day moving average price of $113.69. Leidos Holdings, Inc. has a 12 month low of $76.58 and a 12 month high of $131.50. The company has a market cap of $17.61 billion, a price-to-earnings ratio of 91.78, a price-to-earnings-growth ratio of 1.79 and a beta of 0.70. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.34 and a quick ratio of 1.24.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, February 13th. The aerospace company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.25. Leidos had a net margin of 1.29% and a return on equity of 22.92%. The company had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.81 billion. During the same quarter in the prior year, the firm earned $1.83 EPS. Leidos’s quarterly revenue was up 7.7% on a year-over-year basis. Sell-side analysts expect that Leidos Holdings, Inc. will post 7.77 earnings per share for the current year.

Leidos Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 28th. Investors of record on Tuesday, May 14th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.17%. Leidos’s payout ratio is 107.04%.

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.