Capital Investment Advisory Services LLC Boosts Stock Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Capital Investment Advisory Services LLC boosted its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 18.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,800 shares of the aerospace company’s stock after purchasing an additional 276 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in Leidos were worth $259,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Rakuten Securities Inc. increased its holdings in shares of Leidos by 1,460.0% in the third quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 146 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in Leidos during the 3rd quarter valued at approximately $29,000. Berbice Capital Management LLC bought a new stake in Leidos in the 4th quarter worth approximately $29,000. Northwest Investment Counselors LLC purchased a new stake in shares of Leidos during the 3rd quarter worth approximately $30,000. Finally, Kathleen S. Wright Associates Inc. bought a new position in shares of Leidos during the 3rd quarter valued at approximately $46,000. Institutional investors own 76.12% of the company’s stock.

Insider Activity at Leidos

In other news, Director Noel B. Geer acquired 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was purchased at an average cost of $161.13 per share, for a total transaction of $322,260.00. Following the completion of the acquisition, the director now directly owns 2,000 shares of the company’s stock, valued at $322,260. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Surya N. Mohapatra sold 2,748 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $194.97, for a total transaction of $535,777.56. Following the transaction, the director now owns 20,001 shares in the company, valued at approximately $3,899,594.97. The trade was a 12.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently weighed in on LDOS. The Goldman Sachs Group cut shares of Leidos from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $228.00 to $153.00 in a research report on Thursday, December 12th. Truist Financial decreased their target price on shares of Leidos from $205.00 to $185.00 and set a “buy” rating on the stock in a research report on Friday, November 22nd. TD Cowen lowered Leidos from a “buy” rating to a “hold” rating and dropped their price target for the stock from $200.00 to $165.00 in a research report on Wednesday, January 8th. Robert W. Baird upped their price objective on Leidos from $180.00 to $218.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Finally, Royal Bank of Canada lifted their target price on Leidos from $145.00 to $180.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 30th. Five investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $179.07.

Leidos Stock Down 0.0 %

Shares of LDOS opened at $142.13 on Friday. The firm has a fifty day moving average price of $152.51 and a 200-day moving average price of $158.09. The company has a current ratio of 1.23, a quick ratio of 1.15 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $18.96 billion, a P/E ratio of 16.19, a P/E/G ratio of 0.92 and a beta of 0.66. Leidos Holdings, Inc. has a 12-month low of $108.97 and a 12-month high of $202.90.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, October 29th. The aerospace company reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $0.97. The company had revenue of $4.19 billion during the quarter, compared to analysts’ expectations of $4.06 billion. Leidos had a net margin of 7.37% and a return on equity of 30.31%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.03 EPS. Equities research analysts expect that Leidos Holdings, Inc. will post 10.03 earnings per share for the current year.

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.