Leidos Holdings, Inc. (NYSE:LDOS) Shares Sold by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT cut its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,992 shares of the aerospace company’s stock after selling 115 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Leidos were worth $719,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in LDOS. Rakuten Securities Inc. raised its position in shares of Leidos by 1,460.0% in the 3rd quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 146 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in Leidos during the 3rd quarter valued at approximately $29,000. Berbice Capital Management LLC purchased a new position in shares of Leidos in the fourth quarter worth $29,000. Mather Group LLC. lifted its stake in shares of Leidos by 143.1% during the fourth 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 period. Finally, Human Investing LLC purchased a new stake in shares of Leidos during the fourth quarter valued at $52,000. 76.12% of the stock is owned by institutional investors and hedge funds.

Leidos Trading Down 2.6 %

Shares of Leidos stock opened at $126.66 on Friday. The firm has a 50-day simple moving average of $144.36 and a two-hundred day simple moving average of $156.65. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.13 and a current ratio of 1.21. Leidos Holdings, Inc. has a fifty-two week low of $123.22 and a fifty-two week high of $202.90. The company has a market cap of $16.61 billion, a P/E ratio of 13.71, a price-to-earnings-growth ratio of 1.65 and a beta of 0.66.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share for the quarter, topping analysts’ consensus estimates 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 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a yield of 1.26%. Leidos’s dividend payout ratio is currently 17.32%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on LDOS shares. UBS Group reduced their target price on Leidos from $162.00 to $156.00 and set a “neutral” rating for the company in a research note on Wednesday, February 12th. William Blair cut Leidos from an “outperform” rating to a “market perform” rating in a research note on Friday. StockNews.com upgraded Leidos from a “buy” rating to a “strong-buy” rating in a research report on Thursday. Citigroup raised 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. Finally, Cantor Fitzgerald initiated coverage on shares of Leidos in a research note on Friday, February 7th. They set an “overweight” rating and a $185.00 price objective for the company. Six equities research 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 data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $176.27.

Insider Buying and Selling

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