Jackson Creek Investment Advisors LLC Invests $534,000 in Leidos Holdings, Inc. (NYSE:LDOS)

Jackson Creek Investment Advisors LLC acquired a new position in Leidos Holdings, Inc. (NYSE:LDOS) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 4,933 shares of the aerospace company’s stock, valued at approximately $534,000.

Several other hedge funds have also recently bought and sold shares of the company. Simplicity Solutions LLC purchased a new stake in shares of Leidos in the third quarter valued at $240,000. Commonwealth Equity Services LLC boosted its position in Leidos by 1.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 107,894 shares of the aerospace company’s stock worth $9,944,000 after acquiring an additional 1,252 shares during the period. Robeco Institutional Asset Management B.V. grew its stake in Leidos by 94.2% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 29,603 shares of the aerospace company’s stock valued at $2,728,000 after acquiring an additional 14,362 shares in the last quarter. Clear Creek Financial Management LLC lifted its position in shares of Leidos by 8.6% in the third quarter. Clear Creek Financial Management LLC now owns 2,512 shares of the aerospace company’s stock worth $232,000 after purchasing an additional 199 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Leidos by 1.5% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 13,101 shares of the aerospace company’s stock worth $1,207,000 after purchasing an additional 194 shares during the period. 76.12% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Leidos

In related news, Director David G. Fubini sold 7,874 shares of the business’s stock in a transaction on 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 transaction, the director now owns 14,696 shares of the company’s stock, valued at $1,879,471.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director David G. Fubini sold 7,874 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $127.89, for a total value of $1,007,005.86. Following the completion of the sale, the director now owns 14,696 shares in the company, valued at $1,879,471.44. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Gary Stephen May sold 2,745 shares of the business’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 owns 11,352 shares in the company, valued at $1,413,210.48. The disclosure for this sale can be found here. Insiders own 0.96% of the company’s stock.

Leidos Price Performance

Shares of Leidos stock opened at $140.22 on Wednesday. The company has a current ratio of 1.34, a quick ratio of 1.24 and a debt-to-equity ratio of 1.10. The firm has a fifty day simple moving average of $128.08 and a 200-day simple moving average of $114.53. The stock has a market capitalization of $18.95 billion, a price-to-earnings ratio of 98.75, a PEG ratio of 1.82 and a beta of 0.70. Leidos Holdings, Inc. has a 1-year low of $76.58 and a 1-year high of $140.91.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, April 30th. The aerospace company reported $2.29 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.59. Leidos had a net margin of 1.29% and a return on equity of 22.92%. The firm had revenue of $3.98 billion during the quarter, compared to analyst estimates of $3.82 billion. During the same quarter in the previous year, the business earned $1.47 EPS. The business’s revenue was up 7.5% on a year-over-year basis. On average, 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 announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a dividend of $0.38 per share. The ex-dividend date is Friday, June 14th. This represents a $1.52 annualized dividend and a yield of 1.08%. Leidos’s payout ratio is 107.04%.

Wall Street Analyst Weigh In

LDOS has been the subject of a number of research analyst reports. TheStreet upgraded shares of Leidos from a “c” rating to a “b” rating in a research report on Tuesday, February 13th. Robert W. Baird raised their price target on Leidos from $145.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday. Jefferies Financial Group increased their price objective on Leidos from $130.00 to $135.00 and gave the stock a “hold” rating in a report on Wednesday, April 10th. Wells Fargo & Company lifted their target price on shares of Leidos from $137.00 to $147.00 and gave the company an “overweight” rating in a research note on Thursday, April 4th. Finally, Argus boosted their target price on shares of Leidos from $120.00 to $145.00 and gave the stock a “buy” rating in a research report on Wednesday, March 20th. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $136.58.

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.