SG Americas Securities LLC Sells 26,581 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

SG Americas Securities LLC trimmed its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOSGet Rating) by 80.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,653 shares of the aerospace company’s stock after selling 26,581 shares during the quarter. SG Americas Securities LLC’s holdings in Leidos were worth $582,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in LDOS. Private Advisor Group LLC grew its position in Leidos by 56.7% during the first quarter. Private Advisor Group LLC now owns 6,633 shares of the aerospace company’s stock valued at $716,000 after buying an additional 2,399 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Leidos by 6.6% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,778 shares of the aerospace company’s stock valued at $2,028,000 after purchasing an additional 1,163 shares in the last quarter. U.S. Capital Wealth Advisors LLC purchased a new position in Leidos during the first quarter valued at approximately $211,000. Raymond James Trust N.A. lifted its holdings in Leidos by 56.6% during the first quarter. Raymond James Trust N.A. now owns 5,897 shares of the aerospace company’s stock valued at $637,000 after purchasing an additional 2,131 shares in the last quarter. Finally, Blair William & Co. IL purchased a new position in Leidos during the first quarter valued at approximately $221,000. 75.74% of the stock is currently owned by institutional investors.

Leidos Price Performance

Leidos stock opened at $96.06 on Monday. The company has a market cap of $13.13 billion, a price-to-earnings ratio of 19.64, a PEG ratio of 2.03 and a beta of 0.80. The firm’s fifty day moving average is $104.78 and its 200 day moving average is $100.06. The company has a quick ratio of 0.86, a current ratio of 0.93 and a debt-to-equity ratio of 0.96. Leidos Holdings, Inc. has a 52-week low of $81.07 and a 52-week high of $111.12.

Leidos (NYSE:LDOSGet Rating) last released its quarterly earnings results on Tuesday, November 1st. The aerospace company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. The company had revenue of $3.61 billion for the quarter, compared to the consensus estimate of $3.54 billion. Leidos had a net margin of 4.81% and a return on equity of 21.30%. Sell-side analysts forecast that Leidos Holdings, Inc. will post 6.36 EPS for the current fiscal year.

Leidos Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Thursday, December 15th were paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date was Wednesday, December 14th. Leidos’s payout ratio is 29.45%.

Insider Activity at Leidos

In related news, insider Roy E. Stevens sold 1,515 shares of the company’s stock in a transaction on Friday, November 4th. The shares were sold at an average price of $103.43, for a total transaction of $156,696.45. Following the sale, the insider now owns 24,814 shares of the company’s stock, valued at $2,566,512.02. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Leidos news, insider Roy E. Stevens sold 1,515 shares of the business’s stock in a transaction on Friday, November 4th. The shares were sold at an average price of $103.43, for a total transaction of $156,696.45. Following the transaction, the insider now owns 24,814 shares in the company, valued at $2,566,512.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David G. Fubini sold 6,189 shares of the business’s stock in a transaction on Tuesday, December 13th. The shares were sold at an average price of $109.20, for a total transaction of $675,838.80. Following the transaction, the director now owns 12,463 shares in the company, valued at approximately $1,360,959.60. The disclosure for this sale can be found here. Insiders have sold a total of 61,145 shares of company stock valued at $6,583,348 over the last 90 days. 1.67% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

LDOS has been the topic of several analyst reports. Citigroup initiated coverage on shares of Leidos in a report on Thursday, December 8th. They set a “buy” rating and a $130.00 price target on the stock. Royal Bank of Canada lifted their price target on shares of Leidos from $105.00 to $112.00 in a report on Friday, December 2nd. Morgan Stanley lowered their price target on shares of Leidos from $112.00 to $111.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 3rd. StockNews.com raised shares of Leidos from a “buy” rating to a “strong-buy” rating in a report on Friday, January 13th. Finally, Wells Fargo & Company boosted their target price on shares of Leidos from $105.00 to $114.00 in a report on Tuesday, November 8th. Four analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Leidos currently has an average rating of “Moderate Buy” and a consensus price target of $115.50.

Leidos Company Profile

(Get Rating)

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. It operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

Featured Articles

Want to see what other hedge funds are holding LDOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Leidos Holdings, Inc. (NYSE:LDOSGet Rating).

Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

Receive News & Ratings for Leidos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leidos and related companies with MarketBeat.com's FREE daily email newsletter.