UBS Group AG Acquires 65,907 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

UBS Group AG boosted its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS – Get Rating) by 79.7% during the fourth quarter, HoldingsChannel reports. The fund owned 148,585 shares of the aerospace company’s stock after purchasing an additional 65,907 shares during the quarter. UBS Group AG’s holdings in Leidos were worth $15,630,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in LDOS. KB Financial Partners LLC bought a new stake in Leidos during the 1st quarter worth approximately $25,000. DB Wealth Management Group LLC lifted its position in shares of Leidos by 100.0% in the 3rd quarter. DB Wealth Management Group LLC now owns 310 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 155 shares during the period. Cowa LLC acquired a new position in shares of Leidos in the 3rd quarter worth approximately $31,000. Quent Capital LLC lifted its position in shares of Leidos by 44.6% in the 4th quarter. Quent Capital LLC now owns 428 shares of the aerospace company’s stock worth $45,000 after purchasing an additional 132 shares during the period. Finally, Hollencrest Capital Management acquired a new position in shares of Leidos in the 4th quarter worth approximately $53,000. 75.74% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

LDOS has been the topic of a number of recent analyst reports. Royal Bank of Canada dropped their price target on shares of Leidos from $100.00 to $90.00 in a research report on Wednesday, May 3rd. 888 restated a “maintains” rating on shares of Leidos in a research report on Wednesday, May 3rd. Truist Financial dropped their target price on shares of Leidos from $120.00 to $110.00 in a research report on Wednesday, May 3rd. Citigroup dropped their target price on shares of Leidos from $130.00 to $124.00 and set a “buy” rating on the stock in a research report on Thursday, February 16th. Finally, Stifel Nicolaus dropped their target price on shares of Leidos from $114.00 to $113.00 in a research report on Tuesday, May 16th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $101.75.

Leidos Stock Performance

LDOS opened at $78.40 on Friday. The company has a current ratio of 1.16, a quick ratio of 1.06 and a debt-to-equity ratio of 1.05. The company’s fifty day moving average price is $88.42 and its two-hundred day moving average price is $97.45. Leidos Holdings, Inc. has a 1-year low of $76.58 and a 1-year high of $110.91. The company has a market cap of $10.75 billion, a price-to-earnings ratio of 16.13, a PEG ratio of 1.53 and a beta of 0.76.

Leidos (NYSE:LDOS – Get Rating) last posted its earnings results on Tuesday, May 2nd. The aerospace company reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.59 by ($0.12). Leidos had a return on equity of 21.00% and a net margin of 4.60%. The firm had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $3.65 billion. During the same quarter in the previous year, the company earned $1.58 EPS. The business’s revenue was up 5.9% compared to the same quarter last year. On average, analysts expect that Leidos Holdings, Inc. will post 6.54 EPS for the current fiscal year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Thursday, June 15th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Wednesday, June 14th. This represents a $1.44 annualized dividend and a dividend yield of 1.84%. Leidos’s payout ratio is 29.63%.

Insider Transactions at Leidos

In other news, Director Gary Stephen May sold 2,618 shares of the company’s stock in a transaction on Thursday, May 11th. The shares were sold at an average price of $78.71, for a total value of $206,062.78. Following the completion of the sale, the director now owns 11,352 shares in the company, valued at approximately $893,515.92. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, Director Gary Stephen May sold 2,618 shares of the stock in a transaction dated Thursday, May 11th. The shares were sold at an average price of $78.71, for a total transaction of $206,062.78. Following the completion of the transaction, the director now owns 11,352 shares in the company, valued at $893,515.92. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Jerald S. Howe, Jr. purchased 1,200 shares of Leidos stock in a transaction that occurred on Thursday, May 4th. The shares were bought at an average price of $80.25 per share, with a total value of $96,300.00. Following the transaction, the executive vice president now owns 16,958 shares of the company’s stock, valued at approximately $1,360,879.50. The disclosure for this purchase can be found here. Company insiders own 1.52% of the company’s stock.

About Leidos

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Leidos Holdings, Inc engages in the provision of services and solutions in the defense, intelligence, civil and health markets. It operates through the following three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment provides services, solutions, and products focusing on digital modernization, mission systems and integration, Command, Control, Computers, Communications, Intelligence, Surveillance and Reconnaissance (“”C4ISR””) technologies and services, maritime solutions, transformative software, analytics, intelligence analysis, mission support and logistics services, weapons systems and space systems and solutions.