2,306 Shares in Leidos Holdings, Inc. (NYSE:LDOS) Acquired by Buttonwood Financial Advisors Inc.

Buttonwood Financial Advisors Inc. bought a new position in Leidos Holdings, Inc. (NYSE:LDOS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,306 shares of the aerospace company’s stock, valued at approximately $204,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Private Advisor Group LLC boosted its stake in shares of 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 during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of 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 during the last quarter. U.S. Capital Wealth Advisors LLC purchased a new position in shares of Leidos during the 1st quarter worth $211,000. Raymond James Trust N.A. boosted its stake in shares of 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 during the last quarter. Finally, Blair William & Co. IL purchased a new position in shares of Leidos during the 1st quarter worth $221,000. Hedge funds and other institutional investors own 74.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on LDOS. Wells Fargo & Company lifted their target price on shares of Leidos from $102.00 to $129.00 and gave the company an “overweight” rating in a research note on Wednesday, August 2nd. JPMorgan Chase & Co. lifted their target price on shares of Leidos from $102.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday, August 2nd. StockNews.com began coverage on shares of Leidos in a research note on Thursday, August 17th. They set a “buy” rating on the stock. TheStreet upgraded shares of Leidos from a “c+” rating to a “b-” rating in a report on Wednesday, August 9th. Finally, Citigroup lifted their price target on shares of Leidos from $107.00 to $124.00 and gave the company a “buy” rating in a report on Wednesday, August 2nd. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, Leidos currently has an average rating of “Moderate Buy” and a consensus target price of $113.50.

Leidos Price Performance

Shares of Leidos stock traded down $1.09 during trading hours on Friday, reaching $94.04. The company’s stock had a trading volume of 1,908,403 shares, compared to its average volume of 745,128. The firm has a 50 day moving average price of $94.91 and a 200-day moving average price of $90.09. Leidos Holdings, Inc. has a one year low of $76.58 and a one year high of $110.91. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.25 and a quick ratio of 1.14. The stock has a market cap of $12.92 billion, a P/E ratio of 18.37, a P/E/G ratio of 1.82 and a beta of 0.77.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, August 1st. The aerospace company reported $1.80 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.23. Leidos had a net margin of 4.77% and a return on equity of 20.97%. The firm had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $3.72 billion. During the same period in the previous year, the firm posted $1.59 EPS. The business’s quarterly revenue was up 5.6% on a year-over-year basis. On average, analysts predict that Leidos Holdings, Inc. will post 6.64 EPS for the current year.

Leidos Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.53%. Leidos’s dividend payout ratio is presently 28.13%.

Insider Buying and Selling

In related news, Director Harry M. Jansen Kraemer, Jr. sold 3,098 shares of Leidos stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $96.95, for a total transaction of $300,351.10. Following the completion of the transaction, the director now directly owns 84,277 shares of the company’s stock, valued at approximately $8,170,655.15. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.52% of the stock is owned by corporate insiders.

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. 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.