Public Employees Retirement Association of Colorado Has $1.62 Million Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Public Employees Retirement Association of Colorado lessened its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOSFree Report) by 1.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,927 shares of the aerospace company’s stock after selling 199 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Leidos were worth $1,616,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Victory Capital Management Inc. increased its holdings in Leidos by 0.8% during the 4th quarter. Victory Capital Management Inc. now owns 4,923,663 shares of the aerospace company’s stock worth $532,937,000 after purchasing an additional 39,174 shares in the last quarter. Wellington Management Group LLP increased its holdings in Leidos by 6.2% during the 3rd quarter. Wellington Management Group LLP now owns 4,660,386 shares of the aerospace company’s stock worth $429,501,000 after purchasing an additional 272,090 shares in the last quarter. Norges Bank bought a new position in Leidos during the 4th quarter worth about $202,191,000. Dimensional Fund Advisors LP increased its holdings in Leidos by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,841,723 shares of the aerospace company’s stock worth $199,344,000 after purchasing an additional 45,079 shares in the last quarter. Finally, FMR LLC grew its holdings in shares of Leidos by 36.1% in the 3rd quarter. FMR LLC now owns 1,808,666 shares of the aerospace company’s stock valued at $166,687,000 after acquiring an additional 479,906 shares in the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Trading Down 0.1 %

Shares of NYSE:LDOS opened at $144.72 on Tuesday. Leidos Holdings, Inc. has a 12-month low of $82.58 and a 12-month high of $151.32. The stock has a market cap of $19.57 billion, a PE ratio of 62.38, a P/E/G ratio of 1.52 and a beta of 0.69. The business has a 50 day moving average of $138.67 and a 200-day moving average of $124.07. The company has a quick ratio of 1.24, a current ratio of 1.35 and a debt-to-equity ratio of 1.07.

Leidos (NYSE:LDOSGet Free Report) last issued its quarterly earnings data on Tuesday, April 30th. The aerospace company reported $2.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.70 by $0.59. Leidos had a return on equity of 25.66% and a net margin of 2.04%. The company had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.82 billion. During the same quarter in the previous year, the company posted $1.47 earnings per share. The business’s revenue was up 7.5% on a year-over-year basis. As a group, equities research analysts forecast that Leidos Holdings, Inc. will post 8.59 earnings per share for the current year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, June 14th. Leidos’s dividend payout ratio is presently 65.52%.

Insider Activity at Leidos

In related news, Director David G. Fubini sold 7,874 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $127.89, for a total value of $1,007,005.86. Following the completion of the sale, the director now directly owns 14,696 shares in the company, valued at $1,879,471.44. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, insider Roy E. Stevens sold 875 shares of the business’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $150.67, for a total value of $131,836.25. Following the completion of the sale, the insider now directly owns 44,149 shares in the company, valued at $6,651,929.83. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director David G. Fubini sold 7,874 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $127.89, for a total value of $1,007,005.86. Following the completion of the sale, the director now owns 14,696 shares of the company’s stock, valued at $1,879,471.44. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Robert W. Baird raised their price objective on Leidos from $145.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. Bank of America raised their price objective on Leidos from $125.00 to $145.00 and gave the company a “buy” rating in a report on Wednesday, March 27th. Royal Bank of Canada raised their price objective on Leidos from $120.00 to $140.00 and gave the company a “sector perform” rating in a report on Wednesday, May 1st. Jefferies Financial Group raised their price objective on Leidos from $130.00 to $135.00 and gave the company a “hold” rating in a report on Wednesday, April 10th. Finally, Barclays raised their price objective on Leidos from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, May 6th. Two equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Leidos presently has an average rating of “Moderate Buy” and a consensus target price of $145.67.

View Our Latest Stock Report on LDOS

Leidos Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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