Leidos (NYSE:LDOS) Raised to Strong-Buy at Cantor Fitzgerald

Leidos (NYSE:LDOS) was upgraded by stock analysts at Cantor Fitzgerald to a “strong-buy” rating in a research note issued on Thursday,Zacks.com reports.

LDOS has been the topic of a number of other reports. The Goldman Sachs Group cut shares of Leidos from a “buy” rating to a “neutral” rating and dropped their price target for the company from $228.00 to $153.00 in a research note on Thursday, December 12th. Barclays boosted their price objective on Leidos from $165.00 to $210.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Robert W. Baird raised their price target on shares of Leidos from $180.00 to $218.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. TD Cowen cut shares of Leidos from a “buy” rating to a “hold” rating and decreased their price target for the stock from $200.00 to $165.00 in a report on Wednesday, January 8th. Finally, Wells Fargo & Company decreased their target price on Leidos from $205.00 to $199.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Five investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $179.47.

Leidos Trading Up 1.1 %

Shares of LDOS stock opened at $142.34 on Thursday. The company has a 50 day moving average of $150.20 and a 200-day moving average of $157.78. Leidos has a 12-month low of $112.53 and a 12-month high of $202.90. The firm has a market cap of $18.99 billion, a P/E ratio of 16.21, a PEG ratio of 0.92 and a beta of 0.66. The company has a quick ratio of 1.15, a current ratio of 1.23 and a debt-to-equity ratio of 0.87.

Insider Buying and Selling

In other news, Director Noel B. Geer bought 2,000 shares of the stock in a transaction on Wednesday, November 20th. The shares were bought at an average price of $161.13 per share, with a total value of $322,260.00. Following the completion of the acquisition, the director now owns 2,000 shares in the company, valued at $322,260. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.96% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Leidos

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LDOS. Czech National Bank lifted its position in shares of Leidos by 6.5% in the third quarter. Czech National Bank now owns 27,442 shares of the aerospace company’s stock worth $4,473,000 after buying an additional 1,676 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Leidos by 42.2% during the 3rd quarter. GAMMA Investing LLC now owns 1,146 shares of the aerospace company’s stock valued at $187,000 after acquiring an additional 340 shares during the last quarter. Dynamic Advisor Solutions LLC purchased a new position in shares of Leidos in the third quarter valued at $352,000. Atomi Financial Group Inc. raised its stake in Leidos by 8.3% during the third quarter. Atomi Financial Group Inc. now owns 1,794 shares of the aerospace company’s stock valued at $292,000 after purchasing an additional 138 shares in the last quarter. Finally, CWM LLC lifted its position in Leidos by 101.3% during the third quarter. CWM LLC now owns 4,652 shares of the aerospace company’s stock valued at $758,000 after purchasing an additional 2,341 shares during the last quarter. 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.