Compagnie Lombard Odier SCmA Has $49,000 Stock Position in Leidos Holdings, Inc. (NYSE:LDOS)

Compagnie Lombard Odier SCmA lessened its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 25.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 300 shares of the aerospace company’s stock after selling 100 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in Leidos were worth $49,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Millennium Management LLC boosted its holdings in Leidos by 156.5% in the second quarter. Millennium Management LLC now owns 1,133,508 shares of the aerospace company’s stock valued at $165,356,000 after acquiring an additional 691,575 shares during the last quarter. Wedge Capital Management L L P NC boosted its stake in shares of Leidos by 1,184.3% in the 2nd quarter. Wedge Capital Management L L P NC now owns 501,868 shares of the aerospace company’s stock valued at $73,213,000 after purchasing an additional 462,792 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Leidos by 76.9% during the 2nd quarter. AQR Capital Management LLC now owns 698,807 shares of the aerospace company’s stock worth $101,942,000 after buying an additional 303,775 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in Leidos by 138.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 517,498 shares of the aerospace company’s stock valued at $67,840,000 after buying an additional 300,486 shares during the period. Finally, Acadian Asset Management LLC acquired a new position in Leidos in the second quarter valued at approximately $37,540,000. 76.12% of the stock is owned by institutional investors.

Leidos Trading Up 1.6 %

Shares of NYSE:LDOS opened at $167.20 on Monday. The firm has a market cap of $22.52 billion, a price-to-earnings ratio of 52.41, a PEG ratio of 1.47 and a beta of 0.70. Leidos Holdings, Inc. has a 12 month low of $90.30 and a 12 month high of $168.02. The company’s fifty day simple moving average is $155.38 and its 200 day simple moving average is $146.80. The company has a quick ratio of 1.11, a current ratio of 1.21 and a debt-to-equity ratio of 0.91.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, July 30th. The aerospace company reported $2.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.36. The firm had revenue of $4.13 billion for the quarter, compared to the consensus estimate of $4.06 billion. Leidos had a return on equity of 28.40% and a net margin of 2.72%. 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 $1.80 EPS. As a group, research analysts forecast that Leidos Holdings, Inc. will post 8.95 EPS for the current fiscal year.

Leidos Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were paid a dividend of $0.38 per share. The ex-dividend date was Friday, September 13th. This represents a $1.52 annualized dividend and a dividend yield of 0.91%. Leidos’s dividend payout ratio is currently 47.65%.

Analyst Ratings Changes

Several brokerages have commented on LDOS. Wells Fargo & Company upped their target price on shares of Leidos from $172.00 to $183.00 and gave the company an “overweight” rating in a research report on Tuesday, October 1st. Truist Financial upped their price objective on Leidos from $165.00 to $175.00 and gave the company a “buy” rating in a report on Thursday, September 5th. Barclays raised their target price on Leidos from $160.00 to $165.00 and gave the stock an “overweight” rating in a report on Monday, August 5th. JPMorgan Chase & Co. increased their price target on shares of Leidos from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. Finally, Stifel Nicolaus boosted their price objective on shares of Leidos from $160.00 to $165.00 and gave the company a “buy” rating in a report on Monday, June 24th. Two equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $166.92.

Insider Activity

In other Leidos news, CEO Thomas Arthur Bell purchased 1,712 shares of the business’s stock in a transaction on Thursday, August 1st. The shares were purchased at an average cost of $145.04 per share, with a total value of $248,308.48. Following the transaction, the chief executive officer now directly owns 22,398 shares of the company’s stock, valued at $3,248,605.92. This represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, CEO Thomas Arthur Bell purchased 1,712 shares of the stock in a transaction on Thursday, August 1st. The shares were purchased at an average price of $145.04 per share, with a total value of $248,308.48. Following the transaction, the chief executive officer now directly owns 22,398 shares of the company’s stock, valued at $3,248,605.92. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert C. Kovarik, Jr. sold 1,059 shares of the stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $145.23, for a total value of $153,798.57. Following the completion of the sale, the director now directly owns 7,455 shares of the company’s stock, valued at approximately $1,082,689.65. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

Leidos 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. 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.