Ieq Capital LLC Decreases Position in Leidos Holdings, Inc. (NYSE:LDOS)

Ieq Capital LLC lowered its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 7.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,278 shares of the aerospace company’s stock after selling 412 shares during the period. Ieq Capital LLC’s holdings in Leidos were worth $760,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LDOS. Rakuten Securities Inc. lifted its holdings in Leidos by 1,460.0% during the 3rd quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock worth $25,000 after buying an additional 146 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in Leidos during the 3rd quarter worth approximately $29,000. Berbice Capital Management LLC bought a new position in Leidos during the 4th quarter worth approximately $29,000. Mather Group LLC. lifted its holdings in Leidos by 143.1% during the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company’s stock worth $38,000 after buying an additional 156 shares during the last quarter. Finally, Human Investing LLC acquired a new stake in shares of Leidos during the 4th quarter worth approximately $52,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insider Transactions at Leidos

In related news, Director Gary Stephen May sold 2,128 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total transaction of $279,278.72. Following the completion of the sale, the director now directly owns 11,264 shares in the company, valued at approximately $1,478,287.36. This trade represents a 15.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $134.56, for a total value of $203,320.16. Following the sale, the director now owns 6,408 shares of the company’s stock, valued at approximately $862,260.48. This represents a 19.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by insiders.

Leidos Stock Performance

LDOS opened at $130.55 on Wednesday. The firm has a market cap of $17.12 billion, a PE ratio of 14.13, a P/E/G ratio of 1.65 and a beta of 0.66. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. The business has a fifty day simple moving average of $143.49 and a 200-day simple moving average of $156.63. Leidos Holdings, Inc. has a fifty-two week low of $123.22 and a fifty-two week high of $202.90.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, February 11th. The aerospace company reported $2.37 EPS for the quarter, topping the consensus estimate of $2.24 by $0.13. Leidos had a return on equity of 30.93% and a net margin of 7.53%. As a group, equities analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given a $0.40 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.60 annualized dividend and a dividend yield of 1.23%. Leidos’s dividend payout ratio (DPR) is presently 17.32%.

Wall Street Analysts Forecast Growth

LDOS has been the topic of a number of research reports. UBS Group dropped their price target on Leidos from $162.00 to $156.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 12th. Robert W. Baird increased their price target on Leidos from $180.00 to $218.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. The Goldman Sachs Group cut Leidos from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $228.00 to $153.00 in a research report on Thursday, December 12th. Citigroup raised their target price on Leidos from $194.00 to $220.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Finally, Cantor Fitzgerald started coverage on Leidos in a research report on Friday, February 7th. They issued an “overweight” rating and a $185.00 target price on the stock. Six investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $176.27.

Leidos Company 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.