Moors & Cabot Inc. Has $445,000 Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Moors & Cabot Inc. lessened its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 24.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,092 shares of the aerospace company’s stock after selling 994 shares during the quarter. Moors & Cabot Inc.’s holdings in Leidos were worth $445,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in LDOS. Private Advisor Group LLC boosted its position in Leidos by 83.0% during the fourth quarter. Private Advisor Group LLC now owns 8,167 shares of the aerospace company’s stock valued at $1,177,000 after purchasing an additional 3,703 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Leidos by 39.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,464 shares of the aerospace company’s stock valued at $1,800,000 after buying an additional 3,534 shares in the last quarter. Fiduciary Trust Co increased its holdings in Leidos by 36.4% in the third quarter. Fiduciary Trust Co now owns 23,941 shares of the aerospace company’s stock worth $3,902,000 after buying an additional 6,395 shares during the last quarter. LGT Fund Management Co Ltd. bought a new position in Leidos during the fourth quarter valued at approximately $1,979,000. Finally, Atria Investments Inc lifted its stake in Leidos by 100.1% in the third quarter. Atria Investments Inc now owns 8,837 shares of the aerospace company’s stock valued at $1,440,000 after acquiring an additional 4,421 shares during the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Cantor Fitzgerald raised shares of Leidos to a “strong-buy” rating in a research report on Tuesday, February 25th. William Blair lowered Leidos from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. TD Cowen lowered Leidos from a “buy” rating to a “hold” rating and reduced their target price for the stock from $200.00 to $165.00 in a report on Wednesday, January 8th. StockNews.com cut Leidos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 8th. Finally, The Goldman Sachs Group lowered 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 report on Thursday, December 12th. Six research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Leidos presently has a consensus rating of “Moderate Buy” and an average target price of $175.87.

Insider Buying and Selling at Leidos

In other Leidos news, Director Gary Stephen May sold 2,128 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total value of $279,278.72. Following the completion of the transaction, the director now directly owns 11,264 shares of the company’s stock, valued at approximately $1,478,287.36. The trade was a 15.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the company’s 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 transaction, the director now owns 6,408 shares in the company, valued at $862,260.48. The trade was a 19.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.96% of the company’s stock.

Leidos Stock Performance

NYSE LDOS opened at $134.59 on Friday. Leidos Holdings, Inc. has a twelve month low of $123.23 and a twelve month high of $202.90. 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 stock has a market cap of $17.65 billion, a P/E ratio of 14.57, a PEG ratio of 1.65 and a beta of 0.72. The company’s 50-day simple moving average is $140.42 and its 200 day simple moving average is $155.02.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share (EPS) 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, research analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Dividend Announcement

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 issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Friday, March 14th. Leidos’s payout ratio is currently 17.32%.

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.