Leeward Investments LLC MA Sells 32,698 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Leeward Investments LLC MA trimmed its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 20.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 126,176 shares of the aerospace company’s stock after selling 32,698 shares during the period. Leeward Investments LLC MA’s holdings in Leidos were worth $20,567,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of LDOS. Ballentine Partners LLC grew its holdings in Leidos by 3.5% during the 3rd quarter. Ballentine Partners LLC now owns 1,822 shares of the aerospace company’s stock valued at $297,000 after buying an additional 62 shares in the last quarter. Key Financial Inc grew its stake in Leidos by 6.5% during the second quarter. Key Financial Inc now owns 1,141 shares of the aerospace company’s stock valued at $166,000 after acquiring an additional 70 shares in the last quarter. Asahi Life Asset Management CO. LTD. increased its holdings in Leidos by 3.2% in the 3rd quarter. Asahi Life Asset Management CO. LTD. now owns 2,280 shares of the aerospace company’s stock valued at $372,000 after acquiring an additional 70 shares during the last quarter. Bleakley Financial Group LLC lifted its stake in Leidos by 2.9% in the 1st quarter. Bleakley Financial Group LLC now owns 2,671 shares of the aerospace company’s stock worth $350,000 after purchasing an additional 76 shares in the last quarter. Finally, Somerset Trust Co boosted its holdings in shares of Leidos by 3.5% during the 3rd quarter. Somerset Trust Co now owns 2,429 shares of the aerospace company’s stock valued at $396,000 after purchasing an additional 83 shares during the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Trading Up 2.2 %

LDOS opened at $194.20 on Thursday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.15 and a current ratio of 1.23. The stock’s 50 day moving average price is $165.11 and its 200-day moving average price is $152.75. Leidos Holdings, Inc. has a one year low of $102.21 and a one year high of $198.99. The stock has a market cap of $25.91 billion, a price-to-earnings ratio of 22.12, a P/E/G ratio of 1.48 and a beta of 0.68.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, October 29th. The aerospace company reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.96 by $0.97. The business had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.06 billion. Leidos had a return on equity of 30.31% and a net margin of 7.37%. The business’s revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.03 earnings per share. On average, equities analysts forecast that Leidos Holdings, Inc. will post 10.07 EPS for the current year.

Leidos Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a $0.40 dividend. This is an increase from Leidos’s previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend is Friday, December 13th. Leidos’s dividend payout ratio is currently 17.31%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Wells Fargo & Company lifted their target price on Leidos from $183.00 to $230.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Barclays upped their price objective on Leidos from $165.00 to $210.00 and gave the stock an “overweight” rating in a report on Monday. Citigroup boosted their price target on shares of Leidos from $194.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. JPMorgan Chase & Co. increased their price objective 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, Robert W. Baird boosted their target price on shares of Leidos from $180.00 to $218.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Two investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Leidos has an average rating of “Moderate Buy” and a consensus price target of $191.23.

Insider Transactions at Leidos

In related news, Director Gary Stephen May sold 1,000 shares of the business’s stock in a transaction that occurred on 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 sale, the director now owns 11,264 shares in the company, valued at approximately $1,622,241.28. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Gary Stephen May sold 1,000 shares of the company’s stock in a transaction dated 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. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert C. Kovarik, Jr. sold 1,047 shares of the firm’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $184.94, for a total transaction of $193,632.18. Following the transaction, the director now directly owns 6,408 shares in the company, valued at $1,185,095.52. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.96% 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.