Brokerages Set Leidos Holdings, Inc. (NYSE:LDOS) PT at $132.42

Shares of Leidos Holdings, Inc. (NYSE:LDOS) have received an average recommendation of “Moderate Buy” from the twelve research firms that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $132.42.

A number of equities research analysts have issued reports on the stock. Barclays raised shares of Leidos from an “equal weight” rating to an “overweight” rating in a research note on Friday, January 5th. TheStreet raised shares of Leidos from a “c” rating to a “b” rating in a research note on Tuesday, February 13th. Wells Fargo & Company lifted their price objective on shares of Leidos from $137.00 to $147.00 and gave the company an “overweight” rating in a research note on Thursday, April 4th. Jefferies Financial Group lifted their price objective on shares of Leidos from $130.00 to $135.00 and gave the company a “hold” rating in a research note on Wednesday, April 10th. Finally, Argus lifted their price objective on shares of Leidos from $120.00 to $145.00 and gave the company a “buy” rating in a research note on Wednesday, March 20th.

Leidos Trading Up 0.9 %

Shares of NYSE:LDOS opened at $124.91 on Friday. The firm has a fifty day moving average of $126.78 and a two-hundred day moving average of $112.70. The firm has a market capitalization of $16.88 billion, a P/E ratio of 87.97, a price-to-earnings-growth ratio of 1.73 and a beta of 0.70. Leidos has a 12-month low of $76.58 and a 12-month high of $131.50. The company has a quick ratio of 1.24, a current ratio of 1.34 and a debt-to-equity ratio of 1.10.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, February 13th. The aerospace company reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.25. The company had revenue of $3.98 billion during the quarter, compared to analyst estimates of $3.81 billion. Leidos had a net margin of 1.29% and a return on equity of 22.92%. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter last year, the business posted $1.83 EPS. On average, equities analysts expect that Leidos will post 7.77 EPS for the current fiscal year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend was Thursday, March 14th. Leidos’s dividend payout ratio is 107.04%.

Insiders Place Their Bets

In other Leidos news, Director David G. Fubini sold 7,874 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $127.89, for a total transaction of $1,007,005.86. Following the completion of the transaction, the director now owns 14,696 shares of the company’s stock, valued at approximately $1,879,471.44. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Leidos news, Director David G. Fubini sold 7,874 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $127.89, for a total transaction of $1,007,005.86. Following the completion of the transaction, the director now owns 14,696 shares of the company’s stock, valued at approximately $1,879,471.44. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Gary Stephen May sold 2,745 shares of the business’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $124.49, for a total transaction of $341,725.05. Following the transaction, the director now directly owns 11,352 shares of the company’s stock, valued at approximately $1,413,210.48. The disclosure for this sale can be found here. Company insiders own 0.96% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. International Assets Investment Management LLC bought a new position in shares of Leidos during the 4th quarter worth about $18,976,000. Raymond James & Associates increased its holdings in shares of Leidos by 18.6% during the 4th quarter. Raymond James & Associates now owns 245,665 shares of the aerospace company’s stock worth $26,591,000 after purchasing an additional 38,496 shares during the period. Northern Trust Corp increased its holdings in shares of Leidos by 7.8% during the 3rd quarter. Northern Trust Corp now owns 1,143,664 shares of the aerospace company’s stock worth $105,400,000 after purchasing an additional 82,447 shares during the period. O Shaughnessy Asset Management LLC increased its stake in Leidos by 134.9% in the third quarter. O Shaughnessy Asset Management LLC now owns 14,114 shares of the aerospace company’s stock valued at $1,301,000 after acquiring an additional 8,106 shares during the period. Finally, Creative Planning increased its stake in Leidos by 15.6% in the third quarter. Creative Planning now owns 95,319 shares of the aerospace company’s stock valued at $8,785,000 after acquiring an additional 12,839 shares during the period. Institutional investors own 76.12% of the company’s stock.

About Leidos

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.