Axecap Investments LLC Raises Stock Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Axecap Investments LLC boosted its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 19.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 28,502 shares of the aerospace company’s stock after acquiring an additional 4,661 shares during the quarter. Leidos makes up approximately 3.1% of Axecap Investments LLC’s holdings, making the stock its 8th biggest holding. Axecap Investments LLC’s holdings in Leidos were worth $4,106,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Rakuten Securities Inc. boosted its stake in shares of 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 during the last quarter. Ashton Thomas Securities LLC acquired a new stake in shares of Leidos in the 3rd quarter valued at approximately $29,000. Northwest Investment Counselors LLC acquired a new stake in shares of Leidos in the 3rd quarter valued at approximately $30,000. Berbice Capital Management LLC acquired a new stake in shares of Leidos in the 4th quarter valued at approximately $29,000. Finally, Mather Group LLC. raised its position in shares of 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 acquiring an additional 156 shares during the period. Institutional investors own 76.12% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on LDOS shares. UBS Group began coverage on shares of Leidos in a research report on Monday, December 2nd. They issued a “neutral” rating and a $182.00 price target on the stock. TD Cowen downgraded shares of Leidos from a “buy” rating to a “hold” rating and dropped their target price for the stock from $200.00 to $165.00 in a report on Wednesday, January 8th. Robert W. Baird lifted their price objective on shares of Leidos from $180.00 to $218.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Wells Fargo & Company lowered their price objective on shares of Leidos from $205.00 to $199.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Finally, Citigroup raised their target price on shares of Leidos from $194.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $179.47.

Insider Transactions at Leidos

In related news, Director Noel B. Geer purchased 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The stock was acquired at an average price of $161.13 per share, with a total value of $322,260.00. Following the completion of the purchase, the director now directly owns 2,000 shares in the company, valued at $322,260. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.96% of the company’s stock.

Leidos Trading Up 0.4 %

LDOS stock opened at $142.86 on Tuesday. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.23 and a quick ratio of 1.15. The company has a fifty day moving average price of $149.74 and a two-hundred day moving average price of $157.78. Leidos Holdings, Inc. has a one year low of $113.67 and a one year high of $202.90. The stock has a market cap of $19.06 billion, a price-to-earnings ratio of 16.27, a price-to-earnings-growth ratio of 0.92 and a beta of 0.66.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date of this dividend is Friday, March 14th. Leidos’s dividend payout ratio is currently 18.22%.

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.