Leidos Holdings, Inc. (NYSE:LDOS) Shares Sold by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can lowered its holdings in Leidos Holdings, Inc. (NYSE:LDOSGet Rating) by 5.0% in the third quarter, HoldingsChannel reports. The firm owned 41,235 shares of the aerospace company’s stock after selling 2,165 shares during the quarter. Great West Life Assurance Co. Can’s holdings in Leidos were worth $3,606,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Private Advisor Group LLC grew its holdings in Leidos by 56.7% during the 1st quarter. Private Advisor Group LLC now owns 6,633 shares of the aerospace company’s stock worth $716,000 after acquiring an additional 2,399 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Leidos by 6.6% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,778 shares of the aerospace company’s stock worth $2,028,000 after acquiring an additional 1,163 shares in the last quarter. U.S. Capital Wealth Advisors LLC acquired a new position in Leidos during the 1st quarter worth approximately $211,000. Raymond James Trust N.A. grew its holdings in Leidos by 56.6% during the 1st quarter. Raymond James Trust N.A. now owns 5,897 shares of the aerospace company’s stock worth $637,000 after acquiring an additional 2,131 shares in the last quarter. Finally, Blair William & Co. IL acquired a new position in Leidos during the 1st quarter worth approximately $221,000. Institutional investors and hedge funds own 75.74% of the company’s stock.

Analysts Set New Price Targets

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

Leidos Stock Up 0.3 %

LDOS stock opened at $96.37 on Tuesday. The company has a fifty day moving average price of $104.62 and a 200 day moving average price of $100.02. Leidos Holdings, Inc. has a 12 month low of $81.07 and a 12 month high of $111.12. The company has a market cap of $13.17 billion, a price-to-earnings ratio of 19.71, a price-to-earnings-growth ratio of 2.49 and a beta of 0.80. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.93 and a quick ratio of 0.86.

Leidos (NYSE:LDOSGet Rating) last released its quarterly earnings results on Tuesday, November 1st. The aerospace company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.56 by $0.03. Leidos had a net margin of 4.81% and a return on equity of 21.30%. The firm had revenue of $3.61 billion during the quarter, compared to the consensus estimate of $3.54 billion. Sell-side analysts expect that Leidos Holdings, Inc. will post 6.36 earnings per share for the current 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 given a $0.36 dividend. The ex-dividend date was Wednesday, December 14th. This represents a $1.44 annualized dividend and a yield of 1.49%. Leidos’s dividend payout ratio (DPR) is 29.45%.

Insiders Place Their Bets

In other Leidos news, CEO Roger A. Krone sold 25,237 shares of the company’s stock in a transaction on Tuesday, November 8th. The shares were sold at an average price of $107.71, for a total transaction of $2,718,277.27. Following the completion of the transaction, the chief executive officer now owns 219,941 shares in the company, valued at approximately $23,689,845.11. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Leidos news, CEO Roger A. Krone sold 25,237 shares of the company’s stock in a transaction on Tuesday, November 8th. The shares were sold at an average price of $107.71, for a total transaction of $2,718,277.27. Following the completion of the transaction, the chief executive officer now owns 219,941 shares in the company, valued at approximately $23,689,845.11. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David G. Fubini sold 6,189 shares of the company’s stock in a transaction on Tuesday, December 13th. The stock was 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 of the company’s stock, valued at approximately $1,360,959.60. The disclosure for this sale can be found here. In the last quarter, insiders sold 61,145 shares of company stock worth $6,583,348. 1.67% of the stock is owned by insiders.

Leidos Profile

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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.

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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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