414 Shares in Leidos Holdings, Inc. (NYSE:LDOS) Purchased by Family Firm Inc.

Family Firm Inc. acquired a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 414 shares of the aerospace company’s stock, valued at approximately $60,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Lindbrook Capital LLC grew its position in shares of Leidos by 209.0% in the 4th quarter. Lindbrook Capital LLC now owns 275 shares of the aerospace company’s stock worth $30,000 after buying an additional 186 shares during the period. Benjamin F. Edwards & Company Inc. purchased a new stake in Leidos in the fourth quarter worth about $35,000. Tidemark LLC bought a new position in shares of Leidos during the fourth quarter valued at approximately $41,000. Blue Trust Inc. lifted its holdings in shares of Leidos by 251.3% during the second quarter. Blue Trust Inc. now owns 281 shares of the aerospace company’s stock valued at $41,000 after purchasing an additional 201 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its position in shares of Leidos by 122.5% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 307 shares of the aerospace company’s stock worth $45,000 after purchasing an additional 169 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Stock Performance

LDOS stock opened at $154.90 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.21 and a quick ratio of 1.11. Leidos Holdings, Inc. has a 1 year low of $89.22 and a 1 year high of $155.45. The company has a market cap of $20.94 billion, a P/E ratio of 66.77, a price-to-earnings-growth ratio of 1.32 and a beta of 0.68. The stock’s fifty day moving average price is $147.68 and its 200-day moving average price is $138.46.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, July 30th. The aerospace company reported $2.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.36. The business had revenue of $4.13 billion for the quarter, compared to analysts’ expectations of $4.06 billion. Leidos had a return on equity of 28.40% and a net margin of 2.72%. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period last year, the firm posted $1.80 earnings per share. On average, equities analysts forecast that Leidos Holdings, Inc. will post 8.97 earnings per share for the current year.

Leidos Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be paid a dividend of $0.38 per share. The ex-dividend date is Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.98%. Leidos’s dividend payout ratio (DPR) is presently 65.52%.

Insider Buying and Selling

In other news, Director Gary Stephen May sold 1,000 shares of the stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $144.02, for a total value of $144,020.00. Following the completion of the sale, the director now directly owns 11,264 shares of the company’s stock, valued at $1,622,241.28. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, Director Gary Stephen May sold 1,000 shares of the company’s stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $144.02, for a total value of $144,020.00. Following the completion of the transaction, the director now owns 11,264 shares of the company’s stock, valued at $1,622,241.28. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Robert C. Kovarik, Jr. sold 1,059 shares of the stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $145.23, for a total value of $153,798.57. Following the sale, the director now owns 7,455 shares of the company’s stock, valued at approximately $1,082,689.65. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. TD Cowen lifted their price objective on Leidos from $155.00 to $166.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. Stifel Nicolaus lifted their price target on Leidos from $160.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, June 24th. Barclays increased their price objective on shares of Leidos from $160.00 to $165.00 and gave the company an “overweight” rating in a research report on Monday, August 5th. Citigroup lifted their target price on shares of Leidos from $165.00 to $169.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Finally, JPMorgan Chase & Co. increased their price target on shares of Leidos from $165.00 to $175.00 and gave the company an “overweight” rating in a report on Wednesday, July 31st. Two investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $162.25.

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.